Ding, Dong, the Witch is Dead
–Here lies the remains of the Code §2704 Proposed Regulations. RIP, 2016-2017–
As part of President Trump’s mandated review of federal regulations, the Secretary of Treasury has issued a report specifically recommending the elimination of the Code §2704 Proposed Regulations. While these regulations may reappear in revised form someday, it is highly unlikely that the current version will ever be finalized.
Of less general import, the Secretary also recommended the withdrawal of proposed regulations under Section 103 defining a political subdivision.
Other regulations were not targeted. . .