Temporary and proposed regulations under section 6039I of the Code will implement the authority given the Secretary to require information reporting on employer-owned life insurance.

Temporary and proposed regulations under section 6039I of the Code will implement the authority given the Secretary to require information reporting on employer-owned life insurance.

Proposed regulations under section 381 of the Code provide guidance regarding the accounting method or combination of methods, including inventory methods, to use following certain corporate reorganizations and tax-free liquidations. The regulations will clarify and simplify the existing regulations.