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August 3, 2023

IRS releases proposed regulations that would require disclosure of monetized installment sale transactions

The IRS has issued proposed regulations (REG-109348-22) that would require material advisors and participants in monetized installment sale transactions to report the transaction to the IRS. These transactions would be identified as listed transactions and failure to report them would result in penalties. The IRS has scheduled a public hearing on October 12, 2023.

Published by NTD’s Tax Technical Knowledge Services group; Andrea Ben-Yosef, legal editor