The Final Tangible Property Regulations
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KPMG is pleased to equip you with the tools and information you need to stay abreast of the final repair regulation rules and subsequent transition guidelines. This site provides you with comprehensive, one-stop access to the latest IRS and Treasury guidance, news, updates, webcasts, articles, and insights from our professionals about the potential implications of these important rules.
Transition Guidance to the Final Tangible Property Regulations
Repair Method Changes [PDF]
Disposition Method Changes [PDF]

Frequently Asked Questions
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Facts and Essentials

Gain a greater understanding of the final repair regulations
through facts, figures and other essential information.

Final Regulations   Issues and Insights

Final Regulations
Guidance Regarding Deduction and Capitalization of Expenditures Related to Tangible Property; Final Rule [PDF]

Guidance Catalog
Catalog of Repair and Maintenance Guidance [PDF]

Final Disposition Rules
Final Guidance Regarding Dispositions of Tangible Depreciable Property [PDF]

Tangible property regulations -
Overview, initial analysis, observations

(September 17, 2013)

Learn more about key business issues and gain relevant insights on overcoming challenges and seizing opportunities resulting from regulatory change.

IRS Issues FAQ’s on Tangible Property Final Regulations [PDF]
Cable System Operators: New Safe Harbors for Applying the Tangible Property Regulations [PDF]
Tangible Property Regulations: CFC Compliance and Opportunities Assessment [PDF]
An Overview of the Tangible Property Disposition Regulations [PDF]
By James Atkinson and Lynn Afeman
tax notes (May 19, 2014)
Issues Associated with the Adoption of the Final Repair Regulations for LIFO Taxpayers [PDF]
By Mathew McNeil, John Suttora, Carol Conjura, and Eric Lucas
Final Tangible Property Regulations: Decision Trees [PDF]
Collateral Issues to Consider in Tangible Property Regulations Accounting Method Changes [PDF]
Repairs vs. Capital Improvements: Do the Final Regulations at Last Clarify the Distinction? [PDF]
By Carol Conjura, Catherine A. Fitzpatrick,
Keith Jordan, and Karen Messner
Journal of Taxation (November 2013)
An Analysis of Final Repair Regulations [PDF]
By James Atkinson
Principal in Washington National Tax
Repair and Maintenance of Plant Property: New Insights [PDF]
The 2011 "Repair Regulations":
A Detailed Look

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Repair Regs Professional

Complying with the Final Tangible Property Regulations – Transition Guidance, Implementation and Practical Considerations

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The Final Tangible Property Regulations – The Changes They Bring and Practical Guidelines for Implementation

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Key Repair Regulations Affecting the Power and Utilities Industry

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Industry Specific Guidance
Access valuable perspectives on the key implications of the repair regulations pertaining to your industry.

Oil and Gas
The Repair Regulations: Consideration for "Downstream" Oil and Gas Businesses
(June 2013)

The Final Repair Regulations: Considerations for the Oil and Gas Industry [PDF]
(February 2013)

The Final "Repair Regulations" – Potential Considerations for Manufacturers [PDF]

Electric Utilities
Revenue Procedure 2011-43, 2011-37 [PDF]
Revenue Procedure 2013-24 [PDF]

Revenue Procedure 2011-27 [PDF]
Revenue Procedure 2011-28 [PDF]

The IRS is expected to release industry specific guidelines for the retail industry in 2014
Temporary Regulations
Documentation on
Temporary Regulations

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