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News EssentialsIRS Resources | Issue Number: N-2013-35Inside This IssueNotice 2013-35 requests comments on whether the changes that have occurred in bank regulatory standards require amendment of regulations and whether applying the conclusive presumption regulations as currently formulated is still consistent with the principles of section 166. The Notice also requests comments on the types of entities that should be permitted to apply a conclusive presumption of worthlessness on debt instruments they hold. Comments received will determine whether the existing conclusive presumption regulations should be revised, and the content of any such revisions. Notice 2013-35 will be published in Internal Revenue Bulletin 2013-24 Thank you for subscribing to IRS GuideWire, an IRS e-mail service. If you are a Tax Professional and have a specific concern about your tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the IRS GuideWire mailing list. Please Do Not Reply To This Message. |