The Treasury Department and IRS today released for publication in the Federal Register corrections to final regulations (T.D. 9708) relating to section 501(r).
Read the technical corrections [PDF 195 KB]
In particular, the requirements added by Reg. section 1.6033-2(a)(ii)(l) are effective for returns filed for tax years ending after December 29, 2014. The regulations previously made these requirements effective for returns filed on or after December 29, 2014, creating an issue for filers of the 2013 Form 990, which does not provide for all of these requirements.
The affected requirements include the following:
For more information, contact a KPMG tax professional:
D. Greg Goller | +1 (703) 286-8391 | firstname.lastname@example.org
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