Corrections to REG-133850-13, 89 Fed. Reg. 42,405 (May 15, 2024), containing proposed rules that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property, the IRS released. Written or electronic comments were to be received by July 15, 2024. [REG-133850-13, RIN 1545-BN93, 89 Fed. Reg. __ (July 24, 2024)]
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