Source: https://www.federalregister.gov/documents/2012/02/14/2012-3350/foreign-tax-credit-splitting-events
Timestamp: 2018-07-21 18:36:19
Document Index: 587259386

Matched Legal Cases: ['art 1', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091']

A Proposed Rule by the Internal Revenue Service on 02/14/2012
https://www.federalregister.gov/d/2012-3350 https://www.federalregister.gov/d/2012-3350
Send submissions to CC:PA:LPD:PR (REG-132736-11), room 5205, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-132736-11), Courier's desk, Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 20044, or sent electronically, via the Federal eRulemaking Portal at www.regulations.gov (IRS REG-132736-11).
Concerning the regulations, Suzanne M. Walsh, (202) 622-3850; concerning submissions of comments, Oluwafunmilayo Taylor, (202) 622-7180 (not toll-free numbers).
Temporary regulations in the Rules and Regulations section of this issue of the Federal Register contain amendments to the Income Tax Regulations (26 CFR part 1) which provide rules relating to a new provision of the Code that was enacted as part of EJMAA (Pub. L. 111-226, 124 Stat. 2389 (2010)) which addresses situations in which foreign income taxes have been separated from the related income. The text of those regulations also serves as the text of these proposed regulations. The preamble to the temporary regulations explains the temporary regulations and these proposed regulations. The regulations affect taxpayers claiming foreign tax credits.
1. Paragraph (b)(1)(ii)(b)(3) is added.
2. Paragraph (b)(4)(viii)(d)(3) and paragraph (b)(5) Example 24 are revised.
(3) [The text of the proposed amendments to § 1.704-1(b)(1)(ii)(b)(3) is the same as the text of § 1.704-1T(b)(1)(ii)(b)(3) published elsewhere in this issue of the Federal Register.]
(3) [The text of the proposed amendments to § 1.704-1(b)(4)(viii)(d)(3) is the same as the text of § 1.704-1T(b)(4)(viii)(d)(3) published elsewhere in this issue of the Federal Register.]
Example 24. [The text of the proposed amendments to § 1.704-1(b)(5) Example 24 is the same as the text of §§ 1.704-1T(b)(5) Example 24 published elsewhere in this issue of the Federal Register.]
Par. 3. Section 1.909-0 is added to read as follows:
[The text of proposed § 1.909-0 is the same as the text of § 1.909-0T published elsewhere in this issue of the Federal Register.]
Par. 4. Sections 1.909-1 through 1.909-6 are added to read as follows:
[The text of proposed § 1.909-1 is the same as the text of § 1.909-1T(a) through (e) published elsewhere in this issue of the Federal Register.]
[The text of proposed § 1.909-2 is the same as the text of § 1.909-2T(a) through (c) published elsewhere in this issue of the Federal Register.]
[The text of proposed § 1.909-3 is the same as the text of § 1.909-3T(a) through (c) published elsewhere in this issue of the Federal Register.]
[The text of proposed § 1.909-4 is the same as the text of § 1.909-4T(a) through (b) published elsewhere in this issue of the Federal Register.]
[The text of proposed § 1.909-5 is the same as the text of § 1.909-5T(a) through (c) published elsewhere in this issue of the Federal Register.]
[The text of proposed § 1.909-6 is the same as the text of § 1.909-6T(a) through (h) published elsewhere in this issue of the Federal Register.]
[FR Doc. 2012-3350 Filed 2-9-12; 4:15 pm]