{"abstract":"This document contains final regulations regarding the designation and authority of the partnership representative under the centralized partnership audit regime, which was enacted into law on November 2, 2015 by section 1101 of the Bipartisan Budget Act of 2015 (BBA). These final regulations affect partnerships for taxable years beginning after December 31, 2017. This document also contains final regulations and removes temporary regulations regarding the election to apply the centralized partnership audit regime to partnership taxable years beginning after November 2, 2015 and before January 1, 2018 under section 1101(g)(4) of the BBA. These final regulations affect partnerships for taxable years beginning after November 2, 2015 and before January 1, 2018.","action":"Final regulation and removal of temporary 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/2018/08/09/2018-17002.html","cfr_references":[{"chapter":null,"citation_url":null,"part":301,"title":26}],"citation":"83 FR 39331","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: These regulations are effective on August 9, 2018.","disposition_notes":null,"docket_ids":["TD 9839"],"dockets":[],"document_number":"2018-17002","effective_on":"2018-08-09","end_page":39351,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2018/08/09/2018-17002.xml","html_url":"https://www.federalregister.gov/documents/2018/08/09/2018-17002/partnership-representative-under-the-centralized-partnership-audit-regime-and-election-to-apply-the","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2018-17002?publication_date=2018-08-09","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2018-08-09/2018-17002/mods.xml","not_received_for_publication":null,"page_length":21,"page_views":{"count":8623,"last_updated":"2026-10-25 10:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2018-08-09/pdf/2018-17002.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2018-17002.pdf?1533586518","publication_date":"2018-08-09","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2018/08/09/2018-17002.txt","regulation_id_number_info":{"1545-BN41":{"issue":"201810","html_url":"https://www.federalregister.gov/regulations/1545-BN41/partnership-representative-under-the-bipartisan-budget-act-of-2015-bba-","title":"Partnership Representative Under the Bipartisan Budget Act of 2015 (BBA)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201810&RIN=1545-BN41&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BN41"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BN33/early-election-into-the-partnership-audit-regime-under-the-bipartisan-budget-act-of-2015-","title":"Early Election Into the Partnership Audit Regime Under the Bipartisan Budget Act of 2015 "},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2016-0035","supporting_documents_count":0,"docket_id":"IRS-2016-0035","regulation_id_number":"1545-BN33","title":"Election Into the Partnership Audit Regime Under the Bipartisan Budget Act of 2015 (REG-105005-16)","checked_regulationsdotgov_at":"2018-08-29T10:00:15Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":39331,"subtype":null,"title":"Partnership Representative Under the Centralized Partnership Audit Regime and Election To Apply the Centralized Partnership Audit Regime","toc_doc":"Partnership Representative under Centralized Partnership Audit Regime and Election to Apply Centralized Partnership Audit Regime","toc_subject":null,"topics":["Employment taxes","Estate taxes","Excise taxes","Gift taxes","Income taxes","Penalties","Reporting and recordkeeping requirements"],"type":"Rule","volume":83}