Trump Freeze to Chill Regulations on ‘Double-Dipping,’ Book Tax

President Donald Trump’s regulatory freeze stands to affect rules governing “double-dipping” of corporate losses and the corporate book-income tax, among other recent tax rules the new administration is likely to scrutinize.

Trump’s anti-regulatory administration has a variety of possible avenues for stalling or changing some of the most contentious final and proposed rules issued near the tail end of the Biden administration, practitioners said.

Some practitioners also think the potential for regulation changes could play a role in the reconsideration of the same underlying tax issues in Congress.

The executive order imposing the freeze might give Treasury and the IRS ...