{"abstract":"This document contains final regulations under sections 707 and 752 of the Internal Revenue Code (Code). The final regulations under section 707 provide guidance relating to disguised sales of property to or by a partnership and the final regulations under section 752 provide guidance relating to allocations of excess nonrecourse liabilities of a partnership to partners for disguised sale purposes. The final regulations affect partnerships and their partners.","action":"Final regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/10/05/2016-23387.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1,"title":26}],"citation":"81 FR 69291","comment_url":null,"comments_close_on":"2017-01-03","correction_of":null,"corrections":[],"dates":"Effective date: These regulations are effective on October 5, 2016.","disposition_notes":null,"docket_ids":["TD 9787"],"dockets":[{"supporting_documents":[],"agency_name":"IRS","documents":[{"comment_count":0,"comment_start_date":"2016-10-05","updated_at":"2023-02-28T19:29:40.923-05:00","comment_url":"https://www.regulations.gov/commenton/IRS-2014-0007-0009","allow_late_comments":null,"id":"IRS-2014-0007-0009","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"IRS-2014-0007","title":"Section 707 Regarding Disguised Sales, Generally"}],"document_number":"2016-23387","effective_on":"2016-10-05","end_page":69300,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/10/05/2016-23387.xml","html_url":"https://www.federalregister.gov/documents/2016/10/05/2016-23387/section-707-regarding-disguised-sales-generally","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-23387?publication_date=2016-10-05","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-10-05/2016-23387/mods.xml","not_received_for_publication":null,"page_length":10,"page_views":{"count":4586,"last_updated":"2026-10-22 14:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-10-05/pdf/2016-23387.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-23387.pdf?1475585122","publication_date":"2016-10-05","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/10/05/2016-23387.txt","regulation_id_number_info":{"1545-BK29":{"issue":"201610","html_url":"https://www.federalregister.gov/regulations/1545-BK29/regarding-disguised-sales-of-property-section-707","title":"Regarding Disguised Sales of Property Section 707","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201610&RIN=1545-BK29&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BK29"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BK29/regarding-disguised-sales-of-property-section-707","title":"Regarding Disguised Sales of Property Section 707"},"comments_count":0,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2014-0007","supporting_documents_count":0,"docket_id":"IRS-2014-0007","document_id":"IRS-2014-0007-0009","regulation_id_number":"1545-BK29","title":"Section 707 Regarding Disguised Sales, Generally","checked_regulationsdotgov_at":"2023-03-01T00:29:39Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":69291,"subtype":null,"title":"Section 707 Regarding Disguised Sales, Generally","toc_doc":"Disguised Sales","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":81}