USA IRS N-2017-53: Extension of Replacement Period for Livestock Sold
N-2017-53: Extension of Replacement Period for Livestock Sold on Account of Drought Notice 2017-53 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 2017-53 will be published in IRB 2017-42 on 10/16/17.