# 5 C.F.R. § 2634.1002 (2026): Role of the Internal Revenue Service

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1002

## Section

- **Citation:** 5 C.F.R. § 2634.1002 (2026)
- **Heading:** Role of the Internal Revenue Service
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 5 CFR: Administrative Personnel / Chapter XVI: OFFICE OF GOVERNMENT ETHICS / Part 2634: EXECUTIVE BRANCH FINANCIAL DISCLOSURE, QUALIFIED TRUSTS, AND CERTIFICATES OF DIVESTITURE / Subpart J: Certificates of Divestiture / § 2634.1002: § 2634.1002   Role of the Internal Revenue Service.

## Text

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:
(a) Must follow IRS requirements for reporting dispositions of property and electing under section 1043 not to recognize capital gains; and
(b) Should consult a personal tax advisor or the IRS for guidance on these matters.

## Nearby sections

- [5 C.F.R. § 2634.1001 (2026) § 2634.1001   Overview.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1001.md)
- [5 C.F.R. § 2634.1002 (2026) § 2634.1002   Role of the Internal Revenue Service.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1002.md)
- [5 C.F.R. § 2634.1003 (2026) § 2634.1003   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1003.md)
- [5 C.F.R. § 2634.1004 (2026) § 2634.1004   General rule.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1004.md)
- [5 C.F.R. § 2634.1005 (2026) § 2634.1005   How to obtain a Certificate of Divestiture.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1005.md)
- [5 C.F.R. § 2634.1006 (2026) § 2634.1006   Rollover into permitted property.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1006.md)
- [5 C.F.R. § 2634.1007 (2026) § 2634.1007   Cases in which Certificates of Divestiture will not be issued.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1007.md)
- [5 C.F.R. § 2634.1008 (2026) § 2634.1008   Public access to a Certificate of Divestiture.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1008.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1002. Check the current official text before relying on it. Not legal advice.