409A proposed regs

[Belgarath]

I have nothing whatsoever to do with this stuff, so fortunately don't even have to read them. But I know some of you have been eagerly awaiting this...

http://www.treas.gov/press/releases/reports/reg15808004.pdf

P.S. - here's the "cover page." http://www.treas.gov/press/releases/js2956.htm

[TCWalker]

Nice catch, Thanks

[jstorch]

238 pdf pages' worth.

But at least they give us another year to digest them.

Per the IRS release:

"The effective date proposed for the regulations is January 1, 2007. Taxpayers may rely on the proposed regulations until final regulations are effective."