Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Proposed Rule: Partnership Related-Party Basis Adjustments
Gain comprehensive insights into the IRS’s proposed regulations on identifying partnership related-party basis adjustment transactions as transactions of interest. This course covers the intricacies of these transactions, the requirements for disclosure, and the potential penalties for non-compliance. It also highlights the importance of public participation in the rulemaking process, ensuring you are equipped to engage effectively with these new regulatory standards.
In this course you will learn the following:
* Comprehend the purpose and intent of the proposed rule.
* Recognize the importance of public participation and how to provide feedback.
* Understand the potential changes and implications of the proposed rule.
Additional information
| Federal Register Title | Certain Partnership Related-Party Basis Adjustment Transactions as Transactions of Interest. Document Number: 2024-13282 |
|---|---|
| Course SKU | FR-24-912-1 |
| Why This Course Is Important | Without this course, you'll miss out on critical insights into IRS disclosure requirements and risk facing penalties for non-compliance with partnership related-party basis adjustment transactions. |