Final, temporary, and proposed regulations remove any references to, or requirement of reliance on, credit ratings in regulations under various sections of the Code and provide substitute standards of credit-worthiness where appropriate, pursuant to the Dodd-Frank Act.

Final, temporary, and proposed regulations remove any references to, or requirement of reliance on, credit ratings in regulations under various sections of the Code and provide substitute standards of credit-worthiness where appropriate, pursuant to the Dodd-Frank Act.

Final regulations under sections 381(c)(4) and 381(c)(5) of the Code provide guidance regarding the accounting method or combination of methods, including inventory methods, to use following certain corporate reorganizations and tax-free liquidations.