26 U.S. Code § 6050P - Returns relating to the cancellation of indebtedness by certain entities
In lieu of making a return required under subsection (a), an agency described in subsection (c)(1)(A) may submit to the Secretary (at such time and in such form as the Secretary may by regulations prescribe) information sufficient for the Secretary to complete such a return on behalf of such agency. Upon receipt of such information, the Secretary shall complete such return and provide a copy of such return to such agency.
1999—Subsec. (c)(2)(D). Pub. L. 106–170 added subpar. (D).
1996—Pub. L. 104–134, § 31001(m)(2)(D)(ii), amended section catchline generally, striking out “financial” before “entities”.
Subsec. (a). Pub. L. 104–134, § 31001(m)(2)(A), struck out “financial” before “entity” in introductory provisions.
Subsec. (c). Pub. L. 104–134, § 31001(m)(2)(B), added par. (1), redesignated former par. (1) as (2), and redesignated former par. (2) as (3) and substituted “(1)(A) or (2)(B)” for “(1)(B)”.
Subsec. (d). Pub. L. 104–134, § 31001(m)(2)(D)(i), struck out “financial” before “entity” in introductory provisions.
Subsec. (e). Pub. L. 104–134, § 31001(m)(2)(C), added subsec. (e).
Written determinations for this section
These documents, sometimes referred to as "Private Letter Rulings", are taken from the IRS Written Determinations page; the IRS also publishes a fuller explanation of what they are and what they mean. The collection is updated (at our end) daily. It appears that the IRS updates their listing every Friday.
Note that the IRS often titles documents in a very plain-vanilla, duplicative way. Do not assume that identically-titled documents are the same, or that a later document supersedes another with the same title. That is unlikely to be the case.
Release dates appear exactly as we get them from the IRS. Some are clearly wrong, but we have made no attempt to correct them, as we have no way guess correctly in all cases, and do not wish to add to the confusion.
We truncate results at 20000 items. After that, you're on your own.
- Exceptions Relating to Real Estate Transactions : 2011-06-03
- Information at Source : 2011-03-25
- Gross Income v. Not Gross Income : 2011-03-25
- Gross Income v. Not Gross Income : 2008-06-20
- Applicable Financial Entity : 2006-01-20
- Information at Source : 2003-09-05
- General Exclusions From Gross Income : 2003-09-05
- Payments Other Than in Cash : 2001-07-27
- Payments Other Than in Cash : 2000-01-21
LII has no control over and does not endorse any external Internet site that contains links to or references LII.