1545-BM80 202404 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Exception to Foreign Personal Holding Company Income for Foreign Currency Gain or Loss

These regulations will clarify and modify the exception to foreign personal holding company income for foreign currency gains and losses related to the needs of the issuers. Final regulations to permit election of mark-to-market timing convention for certain foreign currency gains and losses.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No 26 CFR 1.954-2 26 CFR 1.988-5 26 CFR 1.996-4 26 U.S.C. 954(c)(1)(D) 26 U.S.C. 989(c) 26 U.S.C. 7805(a) 26 U.S.C. 996 No NPRM 12/19/2017 82 FR 60135 NPRM; Correction 12/27/2017 82 FR 61199 NPRM Comment Period End 03/19/2018 Final Action 05/00/2025 REG-119514-15 (Final) Drafter attorney: Edward J. Tracy (202) 317-6934 Reviewer attorney: Kristine A. Crabtree (202) 317-6934 Treasury attorney: Erika Nijenhuis (202) 622-0843 CC:INTL No No None No No No No Edward Tracy J. Attorney 1545 Internal Revenue Service IRS 202 317-6934 202 317-4922 edward.j.tracyjr@irscounsel.treas.gov 1111 Constitution Avenue NW., Room 4559, Washington DC 20224