United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2002_register executive 2011-07-28 article Rules and Regulations D09002ee1c81a1587 D09002ee1c81a15fa United States Department of the Treasury originator org United States Government Agency or Subagency United States Internal Revenue Service originator org United States Government Agency or Subagency This document contains final regulations relating to the qualification and treatment of electing small business trusts (ESBTs). The final regulations interpret the rules added to the Internal Revenue Code (Code) by section 1302 of the Small Business Job Protection Act of 1996, section 1601 of the Taxpayer Relief Act of 1997, and section 316 of the Community Renewal Tax Relief Act of 2000. In addition, the final regulations provide that an ESBT, or a trust described in section 401(a) of the Code or section 501(c)(3) of the Code and exempt from taxation under section 501(a) of the Code, is not treated as a deferral entity for purposes of Sec. 1.444-2T. The final regulations affect S corporations and certain trusts that own S corporation stock. 67 FR 34388 https://www.govinfo.gov/app/details/FR-2002-05-14/02-11791 02-11791 fr14my02-5 RIN 1545-AU76 4830-01-P TD 8994 https://www.govinfo.gov/app/details/FR-2002-05-14/02-11791 https://www.govinfo.gov/content/pkg/FR-2002-05-14/html/02-11791.htm https://www.govinfo.gov/content/pkg/FR-2002-05-14/pdf/02-11791.pdf Income Taxes Reporting and Recordkeeping Requirements 14 p. 34388 34401 67 FR 34388 Title 26 Part 1 26 CFR Part 1 Title 26 Part 602 26 CFR Part 602 RIN 1545-AU76 Electing Small Business Trust; Federal Register Vol. 67, Issue RULE 02-11791 DEPARTMENT OF THE TREASURY Internal Revenue Service 2002-05-14 TD 8994 4830-01-P 02-11791 Final regulations and removal of temporary regulations.

This document contains final regulations relating to the qualification and treatment of electing small business trusts (ESBTs). The final regulations interpret the rules added to the Internal Revenue Code (Code) by section 1302 of the Small Business Job Protection Act of 1996, section 1601 of the Taxpayer Relief Act of 1997, and section 316 of the Community Renewal Tax Relief Act of 2000. In addition, the final regulations provide that an ESBT, or a trust described in section 401(a) of the Code or section 501(c)(3) of the Code and exempt from taxation under section 501(a) of the Code, is not treated as a deferral entity for purposes of Sec. 1.444-2T. The final regulations affect S corporations and certain trusts that own S corporation stock.

Effective Date: These regulations are effective May 14, 2002. Concerning the final regulations, Bradford Poston or James A. Quinn, (202) 622-3060; specifically concerning Sec. 1.444-4, Michael F. Schmit, (202) 622-4960 (not toll- free numbers). Income Taxes Reporting and Recordkeeping Requirements Income taxes: Electing small business trusts, Vol. 67, no. 93 Office of the Federal Register, National Archives and Records Administration 2002-05-14 continuing daily deposited born digital 213 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2002-05-14 P0b002ee180db765d 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr14my02 https://www.govinfo.gov/app/details/FR-2002-05-14 https://www.govinfo.gov/content/pkg/FR-2002-05-14/pdf/FR-2002-05-14.pdf https://www.govinfo.gov/content/pkg/FR-2002-05-14/xml/FR-2002-05-14.xml fdlp 34383 34584 DGPO 2011-07-28 2024-06-07 FR-2002-05-14 machine generated eng FR FR-2002-05-14 67 93