# Prop. Treas. Reg. § 1.1502-23: Consolidated net section 1231 gain or loss.

Proposed regulation, not in force. REG-104062-97, 63 FR 1803, published 1998-01-12 <https://www.federalregister.gov/documents/1998/01/12/98-44/consolidated-returnslimitations-on-the-use-of-certain-losses-and-credits>. Interprets 26 U.S.C. § 1502.

Par. 6. Section 1.1502-23, as proposed to be added at 61 FR 33395, June 27, 1996, is amended by redesignating paragraphs (b) and (c) as paragraphs (c) and (d) and adding a new paragraph (b) to read as follows:

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(b) [The text of the proposed paragraph (b) of this section is the same as the text of Sec. 1.1502-23T(b) published elsewhere in this issue of the Federal Register.]

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