{"abstract":"This document contains proposed regulations implementing section 1101 of the Bipartisan Budget Act of 2015, which was enacted into law on November 2, 2015. The Bipartisan Budge Act repeals the current rules governing partnership audits and replaces them with a new centralized partnership audit regime that, in general, determines, assesses and collects tax at the partnership level. These proposed regulations provide rules addressing how partnerships and their partners adjust tax attributes to take into account partnership adjustments under the centralized partnership audit regime.","action":"Notice of proposed rulemaking.","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/2018/02/02/2018-01989.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1,"title":26},{"chapter":null,"citation_url":null,"part":301,"title":26}],"citation":"83 FR 4868","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Written or electronic comments and requests for a public hearing must be received by May 3, 2018.","disposition_notes":null,"docket_ids":["REG-118067-17"],"dockets":[],"document_number":"2018-01989","effective_on":null,"end_page":4882,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2018/02/02/2018-01989.xml","html_url":"https://www.federalregister.gov/documents/2018/02/02/2018-01989/centralized-partnership-audit-regime-adjusting-tax-attributes","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2018-01989?publication_date=2018-02-02","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2018-02-02/2018-01989/mods.xml","not_received_for_publication":null,"page_length":15,"page_views":{"count":2382,"last_updated":"2026-09-21 02:15:06 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2018-02-02/pdf/2018-01989.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2018-01989.pdf?1517492724","publication_date":"2018-02-02","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2018/02/02/2018-01989.txt","regulation_id_number_info":{"1545-BO00":{"issue":"202410","html_url":"https://www.federalregister.gov/regulations/1545-BO00/centralized-partnership-audit-rules","title":"Centralized Partnership Audit Rules","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202410&RIN=1545-BO00&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BO00"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BO00/centralized-partnership-audit-rules","title":"Centralized Partnership Audit Rules"},"comments_count":7,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2018-0004","supporting_documents_count":0,"docket_id":"IRS-2018-0004","document_id":"IRS-2018-0004-0001","regulation_id_number":"1545-BO00","title":"Centralized Partnership Audit Regime: Adjusting Tax Attributes (REG-118067-17)","checked_regulationsdotgov_at":"2022-02-12T04:30:05Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":4868,"subtype":null,"title":"Centralized Partnership Audit Regime: Adjusting Tax Attributes","toc_doc":"Adjusting Tax Attributes","toc_subject":"Centralized Partnership Audit Regime:","topics":["Employment taxes","Estate taxes","Excise taxes","Gift taxes","Income taxes","Penalties","Reporting and recordkeeping requirements"],"type":"Proposed Rule","volume":83}