Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Proposed rule from Treasury Department: Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal. Read the brief and weigh in on Civitus.

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Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Proposed rule from Treasury Department: Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal. Read the brief and weigh in on Civitus.

joincivitas.vote

Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Proposed rule from Treasury Department: Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal. Read the brief and weigh in on Civitus.

joincivitas.vote

Federal rule · Treasury Department · Signed

Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Treasury Department · Signed

Status and record

TypeProposed rule

StatusSigned

AgencyTreasury Department

Issued underDonald Trump

DocumentDoc 2026-21568

PublishedOct 21, 2026

Affected agenciesTreasury Department, Internal Revenue Service

SourceFederal Register

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What happens next

Current

Signed

Published Oct 21, 2026.

Takes effect

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ProposedPublished Oct 21, 2026
SignedStatus: Signed · Published Oct 21, 2026
In effectNo effective date on record yet.
ChallengedNo challenge record stored beyond status. See the Federal Register source for litigation history.
ClosedNo closed-state date on record yet.

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Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Proposed rule from Treasury Department: Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal. Read the brief and weigh in on Civitus.

joincivitas.vote

Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Proposed rule from Treasury Department: Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal. Read the brief and weigh in on Civitus.

joincivitas.vote

Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal

Proposed rule from Treasury Department: Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal. Read the brief and weigh in on Civitus.

joincivitas.vote

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Read analysisOfficial text

AS PUBLISHED

This document partially withdraws a notice of proposed rulemaking containing proposed regulations regarding the application of the device prohibition and the active trade or business requirement for distributions of controlled corporation stock (or stock and securities) by a distributing corporation without income, gain, or loss. The proposed regulations would affect corporations and their shareholders and security holders.

Sources

Federal Register entryPrimary record

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