<searchTitle>Disregarded Entities and Excise Taxes; Federal Register Vol. 74, Issue </searchTitle>
<granuleClass>RULE</granuleClass>
<accessId>E9-21987</accessId>
<agency order="1">DEPARTMENT OF THE TREASURY</agency>
<agency order="2">Internal Revenue Service</agency>
<effectiveDate>2009-09-14</effectiveDate>
<departmentDoc>TD 9462</departmentDoc>
<rin number="1545-BH91"/>
<billingCode>4830-01-P</billingCode>
<frDocNumber>E9-21987</frDocNumber>
<action>Final and temporary regulations.</action>
<summary>This document contains final and temporary regulations clarifying that a single-owner eligible entity that is disregarded as an entity separate from its owner for any purpose, but regarded as a separate entity for certain excise tax purposes, is treated as a corporation for tax administration purposes related to those excise taxes. These regulations also make conforming changes to the tax liability rule for disregarded entities and the treatment of entity rule for disregarded entities with respect to employment taxes. These regulations affect disregarded entities in general and, in particular, disregarded entities that pay or pay over certain federal excise taxes or that are required to be registered by the IRS. The text of these temporary regulations serves as the text of proposed regulations (REG- 116614-08) published in the Proposed Rules section in this issue of the Federal Register.</summary>
<dates>Effective Date: These regulations are effective on September 14, 2009.</dates>
<contact>Michael H. Beker, (202) 622-3070 (not a toll-free number).</contact>
<cfr title="26">
<part number="301"/>
<subject>Employment Taxes</subject>
<subject>Estate Taxes</subject>
<subject>Excise Taxes</subject>
<subject>Gift Taxes</subject>
<subject>Income Taxes</subject>
<subject>Penalties</subject>
<subject>Reporting and Recordkeeping Requirements</subject>
...</cfr>
<tocDoc>Disregarded Entities and Excise Taxes
, </tocDoc>