Is all calm, now that check-the-box is final? (entity classification tax regulations): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on February 1, 1997. The length of the article is 912 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Joint Committee on Taxation (JCT) Chief of Staff Kenneth J. Kies expressed to the American Institute of CPAs concerns that the JCT has regarding the IRS' final check-the-box regulations on entity classification for income tax purposes. The JCT feels that the IRS may have exceeded its regulatory authority in promulgating such sweeping changes. The AICPA noted that the regulations are a simplification effort and that most entities benefitting from the regulations would avoid corporate taxation without the regulations. The JCT also solicited comments regarding the revision of Subchapter K in general.

Citation Details
Title: Is all calm, now that check-the-box is final? (entity classification tax regulations)
Author: David M. Benson
Publication:The Tax Adviser (Magazine/Journal)
Date: February 1, 1997
Publisher: American Institute of CPA's
Volume: 28 Issue: n2 Page: 112(2)

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