Par. 2. Section 1.250-1 is amended by adding two sentences at the end of paragraph (b) to read as follows:
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(b) * * * Section 1.250(b)-1(a) and (d)(2) apply to taxable years beginning after December 31, 2025. For taxable years beginning on or after January 1, 2021, and beginning before January 1, 2026, see § 1.250(b)-1(a) and (d)(2) as contained in 26 CFR part 1 revised as of April 1, 2026.
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