On 31 October 2019, US Treasury and the IRS removed final regulations setting forth minimum documentation requirements that ordinarily must be satisfied in order for certain related-party interests in a corporation to be treated as indebtedness for Federal tax purposes. Treasury and IRS also filed an advanced notice of proposed rulemaking on the treatment of certain interests in corporations as stock or indebtedness. Both documents are scheduled to be published in the Federal Register on November 4.
