26 USC § 6045B - Returns relating to actions affecting basis of specified securities

---
identifier: "/us/usc/t26/s6045B"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 6045B - Returns relating to actions affecting basis of specified securities"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "6045B"
section_name: "Returns relating to actions affecting basis of specified securities"
chapter_number: 61
chapter_name: "INFORMATION AND RETURNS"
subchapter_number: "A"
subchapter_name: "Returns and Records"
part_number: "III"
part_name: "INFORMATION RETURNS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Added Pub. L. 110–343, div. B, title IV, § 403(d)(1), Oct. 3, 2008, 122 Stat. 3859.)"
---


# § 6045B. Returns relating to actions affecting basis of specified securities

**(a)** **In general** According to the forms or regulations prescribed by the Secretary, any issuer of a specified security shall make a return setting forth—

**(1)** a description of any organizational action which affects the basis of such specified security of such issuer,

**(2)** the quantitative effect on the basis of such specified security resulting from such action, and

**(3)** such other information as the Secretary may prescribe.

**(b)** **Time for filing return** Any return required by subsection (a) shall be filed not later than the earlier of—

**(1)** 45 days after the date of the action described in subsection (a), or

**(2)** January 15 of the year following the calendar year during which such action occurred.

**(c)** **Statements to be furnished to holders of specified securities or their nominees** According to the forms or regulations prescribed by the Secretary, every person required to make a return under subsection (a) with respect to a specified security shall furnish to the nominee with respect to the specified security (or certificate holder if there is no nominee) a written statement showing—

The written statement required under the preceding sentence shall be furnished to the holder on or before January 15 of the year following the calendar year during which the action described in subsection (a) occurred.

**(1)** the name, address, and phone number of the information contact of the person required to make such return,

**(2)** the information required to be shown on such return with respect to such security, and

**(3)** such other information as the Secretary may prescribe.

**(d)** **Specified security** For purposes of this section, the term “specified security” has the meaning given such term by section 6045(g)(3)(B). No return shall be required under this section with respect to actions described in subsection (a) with respect to a specified security which occur before the applicable date (as defined in section 6045(g)(3)(C)) with respect to such security.

**(e)** **Public reporting in lieu of return** The Secretary may waive the requirements under subsections (a) and (c) with respect to a specified security, if the person required to make the return under subsection (a) makes publicly available, in such form and manner as the Secretary determines necessary to carry out the purposes of this section—

**(1)** the name, address, phone number, and email address of the information contact of such person, and

**(2)** the information described in paragraphs (1), (2), and (3) of subsection (a).

---

**Source Credit**: (Added Pub. L. 110–343, div. B, title IV, § 403(d)(1), Oct. 3, 2008, 122 Stat. 3859.)

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective , see , set out as an Effective Date of 2008 Amendment note under .