5 CFR 2634.1002
§ 2634.1002 Role of the Internal Revenue Service.
United States · 5 CFR — Administrative Personnel · Status: effective
Cite this
- Citation
- 5 CFR 2634.1002, § 2634.1002 Role of the Internal Revenue Service, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/10952
- Permanent ID
ys:prov:10952@1- SHA-256
01c1b9fbb6ae4fb77a17bf867c09a87d11fe7ffd6abaf04c88001fa9865cd4af
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The Internal Revenue Service (IRS) has jurisdiction over the tax aspects of a divestiture made pursuant to a Certificate of Divestiture. Eligible persons seeking to defer capital gains:
(a) Must follow IRS requirements for reporting dispositions of property and electing under section 1043 not to recognize capital gains; and
(b) Should consult a personal tax advisor or the IRS for guidance on these matters.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.