1545-BN45 202504 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 Proposed Rule Stage No No Other 26 CFR 1.894-1 26 U.S.C. 894(c) 26 U.S.C. 7805 No NPRM 05/00/2026 REG-115719-16 (NPRM) Drafter attorney: Daniel Martinez (305) 982-7020 Reviewer attorney: Richard Owens (202) 317-6501 Treasury attorney: Jared Hermann (202) 622-4743 CC:INTL No No None No No Yes Daniel Martinez E. Attorney 1545 Internal Revenue Service IRS 305 982-7020 daniel.e.martinez2@irscounsel.treas.gov 51 SW First Avenue , Miami FL 33130-1608