The US Treasury Department and Internal Revenue Service published new proposed regulations under Section 987 in December.
The proposed regulations were accompanied by lengthy final regulations under Section 987, which incorporated several of TEI’s comments from the Institute’s submission regarding the 2023 proposed regulations.
TEI is contemplating submitting comments on the 2024 proposed regulations. If you have an interest in preparing TEI’s comments, please reach out to TEI Tax Counsel Benjamin R. Shreck at [email protected]. Comments on the 2024 proposed regulations are due March 11.
