1545-BN45 201810 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Section 894(c) Beneficial Ownership Rules

This proposed rule will provide guidance under section 894(c) setting forth the relationship of the beneficial ownership and "derived by" concepts used in income tax treaties, as applied to hybrid entities.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Long-Term Actions No No Other 26 CFR 1.894-1 26 U.S.C. 0894(c) 26 U.S.C. 7805 No NPRM 12/00/2019 REG-115719-16 Drafting attorney: David L. Lundy (202) 317-6933 Reviewing attorney: Elizabeth U. Karzon (202) 317-6933 Treasury attorney: Julia Tonkovich (202) 622-1540 CC:INTL No No None No No No David Lundy L. Attorney-Advisor 1545 Internal Revenue Service IRS 202 317-6933 david.l.lundy@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224