Removal of Final Regulations Identifying Certain Partnership Related-Party Basis Adjustmen
This document proposes to remove regulations that identify certain partnership related-party basis adjustment transactions and substantially similar transactions as transactions of interest, a type of reportable transaction. The regulations would affect participants in these transactions as well as material advisors.
| Agency | Treasury Department, Internal Revenue Service |
|---|---|
| Document type | Proposed Rule |
| Published | 2026-03-06 |
| Summary | This document proposes to remove regulations that identify certain partnership related-party basis adjustment transactions and substantially similar transactions as transactions of interest, a type of reportable transaction. The regulations would affect participants in these transactions as well as material advisors. |
| Document number | 2026-04432 |
| Official record | https://www.federalregister.gov/documents/2026/03/06/2026-04432/removal-of-final-regulations-identifying-certain-partnership-related-party-basis-adjustment |