Source: https://www.law.cornell.edu/cfr/text/26/1.1367-3
Timestamp: 2018-06-25 08:21:22
Document Index: 690376209

Matched Legal Cases: ['art 1', '§ 1', '§ 1', 'art 1', '§ 1', 'art 1']

26 CFR 1.1367-3 - Effective/Applicability date. | US Law | LII / Legal Information Institute
CFR › Title 26 › Chapter I › Subchapter A › Part 1 › Section 1.1367-3
26 CFR 1.1367-3 - Effective/Applicability date.
§ 1.1367-3 Effective/Applicability date.
Section 1.1367-2(a), (c)(2), (d)(2), and (e)Example 6, Example 7, and Example 8 apply to any shareholder advances to the S corporation made on or after October 20, 2008 and repayments on those advances by the S corporation. The rules that apply with respect to shareholder advances to the S corporation made before October 20, 2008, are contained in § 1.1367-3 in effect prior to October 20, 2008. (See 26 CFR part 1 revised as of April 1, 2007.) Shareholders have the option to apply these rules to shareholder advances to the S corporation made before October 20, 2008, and repayments on those advances by the S corporation. Section 1.1367-1(h), Example 5(iii) applies on and after July 23, 2014. The rules that apply before July 23, 2014 are contained in § 1.1367-3 in effect prior to July 23, 2014 (see 26 CFR part 1 revised as of April 1, 2014).
[T.D. 9428, 73 FR 62203, Oct. 20, 2008, as amended by T.D. 9682, 79 FR 42678, July 23, 2014]
26 CFR 1.1367-3 — Effective/Applicability Date.