Intercompany Income Tax Allocation Agreements: Proposed Addendum to the Interagency Policy Statement

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The federal banking agencies are requesting comment on a proposed addendum that would supplement and clarify the 1998 Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure (Interagency Policy Statement). The proposed addendum is intended to ensure that insured depository institutions in a consolidated group maintain an appropriate relationship regarding the payment of taxes and the treatment of tax refunds.
• Content Notes:
  FIL-124-98, November 24, 1998, Intercorporate Income Taxes
• Subject:
  Accounting, Auditing, and Securities Disclosure
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2013/fil13061.pdf
• Format:
  PDF
• Release Date:
  12/20/2013
• Update Date:
  12/20/2013
• Withdrawn Date:
  Not Available
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; U.S. Department of the Treasury ; Office of the Comptroller of the Currency (OCC) ; Board of Governors of the Federal Reserve System (The Fed)
• Fdic Employee Involved:
  Robert F. Storch ; Jeffrey E. Schmitt ; Mark G. Flanigan
• Law Involved:
  Federal Reserve Act 
• Related Regulation:
  Section 23A ; Section 23B
• Comment Period End Date:
  01/21/2014
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings) and FDIC-Supervised Savings Associations
• FIL Number:
  FIL-61-2013
• Main Document Checksum:
  urn:sha256:8797a2e8931dafbbc6c16b6ba5d58f5f4c4234b6fcb7df6d5613d59f6d0bd902
• Download URL:
  https://archive.fdic.gov/view/fdic/7035/fdic_7035_DS1.pdf
• File Type:
  [PDF - 80.68 KB ]