Page 29 - Final Regulations News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tuesday, December 15, 2020 On November 23, 2020, the IRS and Treasury Department released final regulations (the Final Regulations) under Section 1031 of the Internal Revenue Code of 1986, as amended (the Code).  Prior to the Tax Cuts and Jobs Act of 2017 (the TCJA), a taxpayer could defer the recognition of gain or loss under Code Section 1031 in connection with an exchange of like-kind personal property, certain intangible property, or real property, if such property was used in a trade or business or held for investment, and certain additional requirements were met. The TCJA, ...

Advertisement The CCPA’s “Final Regulations” Are Changing – A Summary of OAL’s Third and Fourth Sets of Proposed Modifications Friday, December 11, 2020 On December 10, 2020, the California Attorney General (AG) released the  Fourth Set of Proposed Modifications to the California Consumer Protection Act (CCPA) Regulations, styled as “Modifications to Proposed Modifications.” The Fourth Set comes shortly after the comment period for the Third Set of Proposed Modifications closed on Oct. 28.  Per the AG’s Notice of the Fourth Set of Proposed Modifications, the pu...