IRS and Treasury's New Guidance Issued Under Sections 7874 and 385

Washington D.C. tax partner Eric Sensenbrenner spoke at a PLI webcast titled "IRS and Treasury's New Guidance Issued Under Sections 7874 and 385" held April 29. During the one-hour briefing, the speakers discussed new provisions contained in temporary regulations under Section 7874 of the Internal Revenue Code, proposed regulations under Section 385 of the code and the potential impact of the recent guidance.