[Code of Federal Regulations] [Title 26, Volume 12] [Revised as of April 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 26CFR1.1502-13T] [Page 306] TITLE 26--INTERNAL REVENUE CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PART 1_INCOME TAXES--Table of Contents Sec. 1.1502-13T Intercompany transactions (temporary). (a) through (g)(3)(ii)(A) [Reserved]. For further guidance, see Sec. 1.1502-13(a) through (g)(3)(ii)(B). (g)(3)(ii)(B) Timing and attributes. For purposes of applying the matching rule and the acceleration rule -- (1) Paragraph (c)(6)(ii) of this section (limitation on treatment of intercompany income or gain as excluded from gross income) does not apply to prevent any intercompany income or gain from being excluded from gross income; (2) Any gain or loss from an intercompany obligation is not subject to section 108(a), section 354 or section 1091; (3) The reduction of the basis of an intercompany obligation pursuant to sections 108 and 1017 and Sec. 1.1502-28T does not result in the realization of any amount with respect to such obligation; and (4) Paragraph (c)(6)(i) of this section (treatment of intercompany items if corresponding items are excluded or nondeductible) will not apply to exclude any amount of income or gain attributable to a reduction of the basis of an intercompany obligation pursuant to sections 108 and 1017 and Sec. 1.1502-28T. (g)(3)(iii) through (k) [Reserved]. For further guidance, see Sec. 1.1502-13(g)(3)(iii) through (k). (l) Effective dates. Paragraph (g)(3)(ii)(B) of this section applies to transactions or events occurring during a taxable year the original return for which is due (without extensions) after March 12, 2004. [T.D. 9117, 69 FR 12071, Mar. 15, 2004]