Treasury Regulations (26 C.F.R.)
26 CFR § 1.465-20
Treatment of amounts borrowed from certain persons and amounts protected against loss.
# (a) General rule.
The following amounts are treated in the same manner as borrowed amounts for which the taxpayer has no personal liability and for which no security is pledged—
(1) Amounts that do not increase the taxpayer's amount at risk because they are borrowed from a person who has an interest in the activity other than that of a creditor or from a person who is related to a person (other than the taxpayer) who has an interest in the activity other than that of a creditor; and
(2) Amounts (whether or not borrowed) that are protected against loss.
# (b)
Interest other than that of a creditor; cross reference. See § 1.465-8 for additional rules relating to amounts borrowed from a person who has an interest in the activity other than that of a creditor or is related to a person (other than the taxpayer) who has an interest in the activity other than that of a creditor.
# (c)
Amounts protected against loss; cross reference. See § 1.465-6 for rules relating to amounts protected against loss.
# (d) Effective date.
This section applies to amounts borrowed after May 3, 2004.
[T.D. 9124, 69 FR 24079, May 3, 2004]
Source: view the official text
In this part (40 sections)
- 1.457-11 · Tax treatment of participants if plan is not an eligible…
- 1.457-12 · Effective dates.
- 1.458-1 · Exclusion for certain returned magazines, paperbacks, or…
- 1.458-2 · Manner of and time for making election.
- 1.460-0 · Outline of regulations under section 460.
- 1.460-1 · Long-term contracts.
- 1.460-2 · Long-term manufacturing contracts.
- 1.460-3 · Long-term construction contracts.
- 1.460-4 · Methods of accounting for long-term contracts.
- 1.460-5 · Cost allocation rules.
- 1.460-6 · Look-back method.
- 1.461-0 · Table of contents.
- 1.461-1 · General rule for taxable year of deduction.
- 1.461-2 · Contested liabilities.
- 1.461-3 · Prepaid interest. [Reserved]
- 1.461-4 · Economic performance.
- 1.461-5 · Recurring item exception.
- 1.461-6 · Economic performance when certain liabilities are assigned or…
- 1.465-1T · Aggregation of certain activities (temporary).
- 1.465-8 · General rules; interest other than that of a creditor.
- 1.465-20 · Treatment of amounts borrowed from certain persons and…
- 1.465-27 · Qualified nonrecourse financing.
- 1.466-1 · Method of accounting for the redemption cost of qualified…
- 1.466-2 · Special protective election for certain taxpayers.
- 1.466-3 · Manner of and time for making election under section 466.
- 1.466-4 · Manner of and time for making election under section 373(c)…
- 1.467-0 · Table of contents.
- 1.467-1 · Treatment of lessors and lessees generally.
- 1.467-2 · Rent accrual for section 467 rental agreements without…
- 1.467-3 · Disqualified leasebacks and long-term agreements.
- 1.467-4 · Section 467 loan.
- 1.467-5 · Section 467 rental agreements with variable interest.
- 1.467-6 · Section 467 rental agreements with contingent payments.…
- 1.467-7 · Section 467 recapture and other rules relating to…
- 1.467-8 · Automatic consent to change to constant rental accrual for…
- 1.467-9 · Effective/applicability dates and automatic method changes…
- 1.468A-0 · Nuclear decommissioning costs; table of contents.
- 1.468A-1 · Nuclear decommissioning costs; general rules.
- 1.468A-2 · Treatment of electing taxpayer.
- 1.468A-3 · Ruling amount.