CCA 201005044
Coordination with Deficiency Proceedings
ID: CCA_2010011208493437 Number: 201005044
Release Date: 2/5/2010
Office: ---
UILC: 6230.01-00
From: ---
Sent: Tuesday, January 12, 2010 8:49:36 AM
To: ---
Cc: ---
Subject: RE: TEFRA Question
I agree that we must issue an FPAA to Y partnership to establish the treatment of any loan to Y. Once that treatment is established in a TEFRA proceeding, conforming computational adjustments may be made to the partners, including the disallowance of any bad debt deduction claimed by the partner that loaned money to Y. An affected item notice would only be required to make this assessment if additional partner-level determinations are required to make the assessment.
Source: view the official PDF
Nearby sections (25 sections)
- tam-201006029 · Deductions Allowed
- tam-201006027 · Termination
- cca-201006028 · Product Liability Losses
- cca-201005053 · Low-Income Housing Credit
- cca-201005052 · Disclosure of Estate Return
- cca-201005051 · Spin-Off
- cca-201005050 · Unidentified Partner
- cca-201005049 · ADMINISTRATION
- cca-201005048 · Special Rules Applicable to Certain Employment Taxes
- cca-201005047 · Partner's Return Must Be Consistent with…
- cca-201005046 · Return Prepared by IRS Personnel
- cca-201005045 · Partnership Item
- cca-201005044 · Coordination with Deficiency Proceedings
- cca-201005043 · Partnership Item
- cca-201005042 · Disclosure in Judicial or Administrative Tax…
- cca-201005041 · Authority to Make Credits or Refunds
- cca-201005040 · Effect of Failure to Notify
- cca-201005039 · General Business Credit
- cca-201005038 · Settlement Agreement
- cca-201005037 · Definition of Underpayment
- cca-201005036 · Date Return Filed
- cca-201005035 · Definitions
- cca-201005034 · Special Rules Applicable to Certain Employment Taxes
- cca-201005033 · Settlement Agreement
- cca-201005032 · Items Cease to Be Partnership Items in Certain Cases