Update: Section 2704 Regulations—Third Quarter 2017

The U.S. Department of the Treasury has not given up efforts to go forth with the Proposed Treasury Regulation under Section 2704, though we feel there is a good chance they will drop it altogether. In furtherance of the goal that they do drop it, NACVA’s Task Force and board chairs have composed the attached letter which was recently submitted to the Treasury.

Read the August 2017 letter NACVA's Request to Withdraw Proposed Treasury Regulations under Section 2704/Executive Order 13789 here.

To read NACVA's Formal Response to the Proposed Regulations from October 2016, click here.

Additional IRC Section 2704 Resources can be found here.