{"data":{"id":"us/26-cfr-1.358-5","jurisdiction":"us","citation":"26 CFR 1.358-5","heading":"-5 Special rules for assumption of liabilities.","body":"(a) In general. Section 358(h)(2)(B) does not apply to an exchange occurring on or after May 9, 2008.\n(b) Effective/Applicability date. For exchanges occurring on or after June 24, 2003, and before May 9, 2008, see § 1.358-5T as contained in 26 CFR part 1 in effect on April 1, 2007.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—INCOME TAX","PART 1—INCOME TAXES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"24f74c00263c3a7beb643bf511516cda5bcdc8b890125dcc4eeeeff533841d01","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-1.358-4","next":"us/26-cfr-1.358-6"},"notice":"GroundRules: Original legal text. Not legal advice."}