Data / Federal rules / 2026-21568
Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal
The Internal Revenue Service published this proposed rule in the Federal Register on October 21, 2026.
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What the agency says
This document partially withdraws a notice of proposed rulemaking containing proposed regulations regarding the application of the device prohibition and the active trade or business requirement for distributions of controlled corporation stock (or stock and securities) by a distributing corporation without income, gain, or loss. The proposed regulations would affect corporations and their shareholders and security holders.
Key facts
- Document number
- 2026-21568
- Type
- Proposed rule
- Action
- Partial withdrawal of notice of proposed rulemaking
- Agency
- Treasury Department; Internal Revenue Service
- Published
- October 21, 2026
- Dates
- The notice of proposed rulemaking published in the Federal Register on July 15, 2016 (81 FR 46004), is partially withdrawn as of October 21, 2026.
- Docket
- REG-134016-15
- Regulation ID (RIN)
- 1545-BN47
- Code of Federal Regulations
- 26 CFR 1
- Topics
- Income taxes; Reporting and recordkeeping requirements
- Pages
- 2
Other documents from the Internal Revenue Service
| Document | Type | Published |
|---|---|---|
| Regulations Regarding Payment of Tax by Commercially Acceptable Means 2026-21267 | Final rule | Oct 19 |
| Non-Applicability of Section 357(c) to Consolidated Groups 2026-21253 | Final rule | Oct 16 |
| Premium Tax Credit 2026-21056 | Proposed rule | Oct 15 |
| Application of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to the Refunded Portion of Certain Federal Refundable Tax Credits; Hearing Cancellation 2026-20790 | Proposed rule | Oct 9 |
| Transparency in Coverage 2026-20447 · significant | Final rule | Oct 6 |
| Federal Scholarship Tax Credit 2026-20277 | Proposed rule | Oct 2 |
| Federal Scholarship Tax Credit 2026-20264 | Final rule | Oct 2 |
| Trump Accounts 2026-20027 | Proposed rule | Sep 30 |
Everything from the Internal Revenue Service · Rules on income taxes · Rules on reporting and recordkeeping requirements · Published in October 2026
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.