Page 254 - Large Business IRS Training Guides

Treasury Decision (TD)

• A Treasury Decision (TD) is a document with 2 main parts:

1) the preamble and

2) the text of a final or temporary regulation.

• A TD adds new text to, removes, or revises text published in the CFR.

• The preamble contains summary, background, explanations of

provisions, addresses comments received from the public, and

includes reasons for regulatory decisions made. It, also, states the

applicability and effective date provisions.

• A TD is legal authority and is binding on taxpayers as well as the IRS,
unless invalidated. CCDM 32.1.1.2.5

• When regulations are codified in the CFR, only the text of the final or

temporary regulations is included. The preamble is not included in

the CFR. You can find the preamble, by referring to the TD, which is

noted at the end of the regulation text.

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