1545-BQ46 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Guidance Related to the Foreign Tax Credit, Including Cost Recovery, the Attribution Rule for Royalty Payments, and the Reattribution Asset Rule

These final regulations will provide guidance related to the foreign tax credit, including guidance with respect to the cost recovery requirement, the attribution rule for royalty payments, and the reattribution asset rule for purposes of categorizing foreign taxes. 

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No 26 CFR 901(a) 26 CFR 861 26 CFR 903 26 U.S.C. 7805 No NPRM 11/22/2022 87 FR 71271 NPRM Comment Period End 01/23/2023 NPRM Notice of Public Hearing 02/15/2023 88 FR 7903 Final Action 06/00/2024 REG-112096-22 (Final) Drafter attorney: Teisha Ruggiero (646) 259-8116 Reviewer attorney: Tianlin Shi (202) 317-6987 Treasury attorney: Isaac Wood (202) 622-1011 CC:INTL Undetermined None No No No Teisha Ruggiero M. Attorney 1545 Internal Revenue Service IRS 646 259-8116 teisha.m.ruggiero@irscounsel.treas.gov 1111 Constitution Avenue NW, Washington DC 20224