3 pages. Excerpt: Section 403 of the Tax Relief and Health Care Act of 2006 (Act) amended the information reporting requirements of § 6039.... As amended by the Act, § 6039 requires corporations to make an information return with the IRS, in addition to providing employees with an information statement, following a [transfer of stock pursuant to the employee's exercise of an incentive stock option or a transfer of stock by the employee where the stock was acquired pursuant to the exercise of an option described § 423(c)].... Because regulations under § 6039 have not yet been issued, the IRS is waiving the obligation to make an information return for 2007 stock transfers[.]

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