{"abstract":"This notice of proposed rulemaking provides rules regarding the limitation on the deduction for business interest expense after the enactment of recent tax legislation. Specifically, these regulations provide general rules and definitions. The regulations also provide rules for calculating the limitation in consolidated group, partnership, and international contexts. The regulations affect taxpayers that have deductible business interest expense, other than certain small businesses, electing real property trades or businesses, electing farming businesses, and certain utility businesses. This document also withdraws a notice of proposed rulemaking relating to the disallowance of a deduction for certain interest paid or accrued by a corporation. This document also provides notice of a public hearing on the proposed regulations.","action":"Notice of proposed rulemaking; notification of public hearing; and withdrawal of 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/2018/12/28/2018-26257.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1,"title":26}],"citation":"83 FR 67490","comment_url":"https://www.regulations.gov/commenton/IRS-2019-0004-0001","comments_close_on":"2019-02-26","correction_of":null,"corrections":[],"dates":"Written or electronic comments must be received by February 26, 2019. Outlines of topics to be discussed at the public hearing scheduled for February 27, 2019, at 10 a.m. must be received by February 26, 2019. If there is not sufficient time to discuss all of the topics on February 27, 2019, the hearing will continue the following day at 10 a.m. in the same location.","disposition_notes":null,"docket_ids":["REG-106089-18"],"dockets":[{"supporting_documents":[{"title":"Speakers list for Agenda\nLimitation on Deduction for Business Interest Expense (REG–106089–18)\nContact: fdms.database@irscounsel.treas.gov if there are any problems","document_id":"IRS-2019-0004-0079"}],"agency_name":"IRS","documents":[{"comment_count":123,"comment_start_date":"2018-12-28","updated_at":"2024-11-13T13:19:30.748-05:00","comment_url":"https://www.regulations.gov/commenton/IRS-2019-0004-0001","allow_late_comments":true,"id":"IRS-2019-0004-0001","comment_end_date":"2019-02-27","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":1,"id":"IRS-2019-0004","title":"Limitation on Deduction for Business Interest Expense (REG-106089-18)"}],"document_number":"2018-26257","effective_on":null,"end_page":67610,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2018/12/28/2018-26257.xml","html_url":"https://www.federalregister.gov/documents/2018/12/28/2018-26257/limitation-on-deduction-for-business-interest-expense","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2018-26257?publication_date=2018-12-28","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2018-12-28/2018-26257/mods.xml","not_received_for_publication":null,"page_length":121,"page_views":{"count":19645,"last_updated":"2026-10-25 00:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2018-12-28/pdf/2018-26257.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2018-26257.pdf?1545340524","publication_date":"2018-12-28","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2018/12/28/2018-26257.txt","regulation_id_number_info":{"1545-BO73":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/1545-BO73/rules-regarding-business-interest-limitation-under-section-163-j-","title":"Rules Regarding Business Interest Limitation Under Section 163(j)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=1545-BO73&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1545-BO73"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Speakers list for Agenda\nLimitation on Deduction for Business Interest Expense (REG–106089–18)\nContact: fdms.database@irscounsel.treas.gov if there are any problems","document_id":"IRS-2019-0004-0079"}],"comments_count":123,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2019-0004","supporting_documents_count":1,"docket_id":"IRS-2019-0004","document_id":"IRS-2019-0004-0001","regulation_id_number":null,"title":"Limitation on Deduction for Business Interest Expense (REG-106089-18)","checked_regulationsdotgov_at":"2024-11-13T22:00:10Z"},"regulations_dot_gov_url":"https://www.regulations.gov/commenton/IRS-2019-0004-0001","significant":true,"signing_date":null,"start_page":67490,"subtype":null,"title":"Limitation on Deduction for Business Interest Expense","toc_doc":"Limitation on Deduction for Business Interest Expense","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Proposed Rule","volume":83}