Section 1045 Application to Partnerships (US Internal Revenue Service Regulation) (IRS) (2018 Edition)

Section 1045 Application to Partnerships (US Internal Revenue Service Regulation) (IRS) (2018 Edition) The Law Library presents the complete text of the Section 1045 Application to Partnerships (US Internal Revenue Service Regulation) (IRS) (2018 Edition). Updated as of May 29, 2018 This document contains final regulations relating to the application of section 1045 of the Internal Revenue Code (Code) to partnerships and their partners. These regulations provide rules regarding the deferral of gain on a partnership's sale of qualified small business stock (QSB stock) and a partner's sale of QSB stock distributed by a partnership. These regulations also provide rules for a taxpayer (other than a C corporation) who sells QSB stock and purchases replacement QSB stock through a partnership. The regulations affect partnerships that invest in QSB stock and their partners. This book contains: - The complete text of the Section 1045 Application to Partnerships (US Internal Revenue Service Regulation) (IRS) (2018 Edition) - A table of contents with the page number of each section