{"data":{"id":"us/5-cfr-2634.1002","jurisdiction":"us","citation":"5 CFR 2634.1002","heading":"Role of the Internal Revenue Service.","body":"The Internal Revenue Service (IRS) has jurisdiction over the tax aspects of a divestiture made pursuant to a Certificate of Divestiture. Eligible persons seeking to defer capital gains:\n(a) Must follow IRS requirements for reporting dispositions of property and electing under section 1043 not to recognize capital gains; and\n(b) Should consult a personal tax advisor or the IRS for guidance on these matters.","path":["Title 5—Administrative Personnel","CHAPTER XVI—OFFICE OF GOVERNMENT ETHICS","SUBCHAPTER B—GOVERNMENT ETHICS","PART 2634—EXECUTIVE BRANCH FINANCIAL DISCLOSURE, QUALIFIED TRUSTS, AND CERTIFICATES OF DIVESTITURE","Subpart J—Certificates of Divestiture"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-5.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:53Z","sha256":"5e7a51381091e37db7a8ce3f0a7ec97fbb081eeca1b3b52f856f35d693301141","source_id":"us-cfr","stale":true,"prev":"us/5-cfr-2634.1001","next":"us/5-cfr-2634.1003"},"notice":"GroundRules: Original legal text. Not legal advice."}