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26 CFR §1.1312-6 — -6 Correlative deductions and credits for certain related corporations.

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Paragraph (6) of section 1312 applies if the determination allows or disallows a deduction (including a credit) to a corporation, and if a correlative deduction or credit has been erroneously allowed, omitted, or disallowed in respect of a related taxpayer described in section 1313(c)(7).
  2. (b)The application of paragraph (a) of this section may be illustrated by the following examples: