Non-Applicability of Section 357(c) to Consolidated Groups
Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register Oct. 16, 2026. Document 2026-21253. Updated Nov. 5, 2026.
- What it does
This document contains final regulations clarifying that, in the case of certain transfers between members of a consolidated group, a transferee's assumption of certain liabilities will not reduce the transferor's basis in the transferee's stock received in the transfer. These final regulations affect consolidated groups and their members.
The Internal Revenue Service's summary, as published in the Federal Register.
- What changed in the regulation
1 part of Title 26 of the Code of Federal Regulations:
Wording on eCFR: the day before it took effect and from the day it took effect (first part listed).
- Compared with
The Internal Revenue Service has published 22 final rules in 2026 so far, compared with 21 in all of 2025.
Counted by the Tribune from Federal Register records since Jan. 1, 2025.
- Before this
No earlier Federal Register document under regulation identifier 1545-BJ87 since Jan. 1, 2025.
- What happens next and when
Effective date: These final regulations are effective on October 16, 2026.
The agency's dates, word for word.
The record as published
| Document number | 2026-21253 |
|---|---|
| Action | Final regulations. |
| Agencies | Treasury Department; Internal Revenue Service |
| Published | Oct. 16, 2026 |
| Effective date | Oct. 16, 2026 |
| Regulation identifier (RIN) | 1545-BJ87 |
| Docket | IRS-2023-0038 |
Source: the Federal Register (public domain). The document in the Federal Register