{"abstract":"This document contains final regulations that provide guidance applicable to transfers of appreciated property by U.S. persons to partnerships with foreign partners related to the transferor. Specifically, when a U.S. person transfers appreciated property to a partnership with a foreign partner related to the transferor, the regulations override the general nonrecognition rule unless the partnership adopts the remedial allocation method and certain other requirements are satisfied. The regulations affect U.S. partners in domestic or foreign partnerships.","action":"Final regulations 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/2020/01/23/2020-00383.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"85 FR 3833","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: These regulations are effective on January 17, 2020.","disposition_notes":null,"docket_ids":["TD 9891"],"dockets":[],"document_number":"2020-00383","effective_on":"2020-01-17","end_page":3852,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/01/23/2020-00383.xml","html_url":"https://www.federalregister.gov/documents/2020/01/23/2020-00383/transfers-of-certain-property-by-us-persons-to-partnerships-with-related-foreign-partners","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-00383?publication_date=2020-01-23","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-01-23/2020-00383/mods.xml","not_received_for_publication":null,"page_length":20,"page_views":{"count":5113,"last_updated":"2026-10-24 10:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-01-23/pdf/2020-00383.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-00383.pdf?1579295718","publication_date":"2020-01-23","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/01/23/2020-00383.txt","regulation_id_number_info":{"1545-BM95":{"issue":"201610","html_url":"https://www.federalregister.gov/regulations/1545-BM95/transfers-of-property-to-partnerships-with-related-foreign-partners","title":"Transfers of Property to Partnerships With Related Foreign Partners","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201610&RIN=1545-BM95&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BM95"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BN81/transfers-of-property-to-partnerships-with-related-foreign-partners","title":"Transfers of Property to Partnerships With Related Foreign Partners"},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2017-0005","supporting_documents_count":0,"docket_id":"IRS-2017-0005","regulation_id_number":"1545-BN81","title":"Transfers of Certain Property by U.S. Persons to Partnerships With Related Foreign Partners (REG-127203-15)","checked_regulationsdotgov_at":"2020-01-26T16:00:11Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":3833,"subtype":null,"title":"Transfers of Certain Property by U.S. Persons to Partnerships With Related Foreign Partners","toc_doc":"Transfers of Certain Property by U.S. Persons to Partnerships with Related Foreign Partners","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":85}