United States Government Publishing Office
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United States
National Archives and Records Administration
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FR
Regulatory Information
2020_register
executive
2020-02-26
article
Meals and Entertainment Expenses Under Section 274
Proposed Rules
D09002ee1bdb5f35e
D09002ee1bdb5f3d6
United States
Department of 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 proposed regulations that provide guidance under section 274 of the Internal Revenue Code (Code) regarding certain statutory amendments made to section 274 by 2017 legislation. Specifically, the proposed regulations address the elimination of the deduction under section 274 for expenditures related to entertainment, amusement, or recreation activities, and provide guidance to determine whether an activity is of a type generally considered to be entertainment. The proposed regulations also address the limitation on the deduction of food and beverage expenses under section 274(k) and (n), including the applicability of the exceptions under section 274(e)(2), (3), (4), (7), (8), and (9). These proposed regulations affect taxpayers who pay or incur expenses for meals or entertainment in taxable years beginning after December 31, 2017. This document also provides notice of a public hearing on these proposed regulations.
85 FR 11020
https://www.govinfo.gov/app/details/FR-2020-02-26/2020-03723
2020-03723
fr26fe20-22
RIN 1545-BP23
4830-01-P
REG-100814-19
https://www.govinfo.gov/app/details/FR-2020-02-26/2020-03723
https://www.govinfo.gov/content/pkg/FR-2020-02-26/html/2020-03723.htm
https://www.govinfo.gov/content/pkg/FR-2020-02-26/pdf/2020-03723.pdf
Income Taxes
Reporting and Recordkeeping Requirements
12 p.
11020
11031
85 FR 11020
Code of Federal Regulations
Title 26 Part 1
26 CFR Part 1
Regulation Identification Number 1545-BP23
RIN 1545-BP23
Meals and Entertainment Expenses Under Section 274; Federal Register Vol. 85, Issue
PRORULE
2020-03723
DEPARTMENT OF TREASURY
Internal Revenue Service
2020-04-13
2020-04-07
REG-100814-19
4830-01-P
2020-03723
Notice of proposed rulemaking.
This document contains proposed regulations that provide guidance under section 274 of the Internal Revenue Code (Code) regarding certain statutory amendments made to section 274 by 2017 legislation. Specifically, the proposed regulations address the elimination of the deduction under section 274 for expenditures related to entertainment, amusement, or recreation activities, and provide guidance to determine whether an activity is of a type generally considered to be entertainment. The proposed regulations also address the limitation on the deduction of food and beverage expenses under section 274(k) and (n), including the applicability of the exceptions under section 274(e)(2), (3), (4), (7), (8), and (9). These proposed regulations affect taxpayers who pay or incur expenses for meals or entertainment in taxable years beginning after December 31, 2017. This document also provides notice of a public hearing on these proposed regulations.
Written or electronic comments must be received by April 13, 2020. Outlines of topics to be discussed at the public hearing scheduled for April 7, 2020, at 10 a.m. must be received by April 13, 2020. If no outlines are received by April 13, 2020, the public hearing will be cancelled.
Concerning the proposed regulations, call Patrick Clinton of the Office of Associate Chief Counsel (Income Tax and Accounting), (202) 317-7005; concerning the submission of comments, the hearing, or to be placed on the building access list to attend the hearing, call Regina Johnson, (202) 317-6901 (not toll-free numbers), or email fdms.database@irscounsel.treas.gov.
Income Taxes
Reporting and Recordkeeping Requirements
Meals and Entertainment Expenses under Section 274,
fdms.database@irscounsel.treas.gov
http://www.irs.gov
http://www.regulations.gov
www.regulations.gov
Federal Register
Vol. 85, no. 38
Office of the Federal Register, National Archives and Records Administration
2020-02-26
continuing
daily
deposited
born digital
326 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2020-02-26
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https://www.govinfo.gov/app/details/FR-2020-02-26
https://www.govinfo.gov/content/pkg/FR-2020-02-26/pdf/FR-2020-02-26.pdf
https://www.govinfo.gov/content/pkg/FR-2020-02-26/xml/FR-2020-02-26.xml
fdlp
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DGPO
2020-02-26
2023-04-28
FR-2020-02-26
machine generated
eng
FR
FR-2020-02-26
85
38