26 C.F.R. § 1.358-5. - § 1.358-5 Special Rules for Assumption of Liabilities.

Current as of January 1, 1970

Section 1.358-5 - § 1.358-5 Special Rules for Assumption of Liabilities.Section 1.358-5 - § 1.358-5 Special Rules for Assumption of Liabilities.

Section 1.358-4 - § 1.358-4 Exceptions.Section 1.358-6 - § 1.358-6 Stock Basis in Certain Triangular Reorganizations.

§ 1.358-5 Special rules for assumption of liabilities.

(a) In general. Section 358(h)(2)(B) does not apply to an exchange occurring on or after May 9, 2008.

(b) Effective/Applicability date. For exchanges occurring on or after June 24, 2003, and before May 9, 2008, see § 1.358-5T as contained in 26 CFR part 1 in effect on April 1, 2007.

[T.D. 9397, 73 FR 26322, May 9, 2008]

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