Tag Archives: RR-2017-09

USA IRS RR-2017-09: Distribution of Stock and Securities of Controlled Corporation

By | May 4, 2017

Revenue Ruling 2017-09 provides guidance regarding the federal tax treatment of certain transactions referred to as ‘north-south’ transactions. The guidance describes two north-south transactions:  one involving steps that are respected as separate and another involving steps that are integrated. Revenue Ruling 2017-09 will be in IRB 2017-21, dated May  22, 2017.