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AICPA Recommendations on Basis-Shifting Transactions Involving Partnerships and Related Parties

Oct 03, 2024 · 212.3 KB Download

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The AICPA is submitting recommendations to the Department of the Treasury and the IRS regarding the release of a guidance package addressing certain basis-shifting transactions involving partnerships and related parties. The guidance package consists of proposed regulations [REG-124593-23], Notice 2024-54, and Revenue Ruling 2024-14.

Download the AICPA Recommendations on Basis-Shifting Transactions Involving Partnerships and Related Parties

File name: AICPA_submits_comments_guidance_basis_shifting_10.3.24.pdf

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