USA- Guidance on extension of Replacement Period for Livestock Sold on Account of Drought

By | October 1, 2016
(Last Updated On: October 1, 2016)

Notice 2016-60 provides guidance regarding an extension of the replacement period under § 1033(e) of the Internal Revenue Code for livestock sold on account of drought in specified counties.

Notice 2016-60 will be in Internal Revenue Bulletin 2016-42 dated October 17, 2016.

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