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TREAS/IRS RIN: 1545-BR88 Publication ID: 2026 
Title: ●Guidance Related to Sourcing Certain Foreign Branch Sales Income of Inventory Produced in the United States for Purposes of the Foreign Tax Credit 
Abstract:

Regulations under section 904 to implement the addition of section 904(b)(6) by section 70313 of the One, Big, Beautiful, Bill Act regarding sourcing certain foreign branch sales income related to inventory produced in the United States for purposes of the foreign tax credit.

 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Regulatory 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Pub. L. 119-21    26 U.S.C. 904(d)(7) and 7805(a)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/00/2026 
Additional Information: REG-117156-25 (NPRM) Drafter attorney: Jacob Nava (202) 317-4432 Reviewer attorney: Tracy Villecco (202) 317-4965 Treasury attorney: Jonathan Galin (202) 622-4729 INTL
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jacob Nava
Attorney
Department of the Treasury
1111 Constitution Avenue NW, Room 5550,
Washington, DC 20224
Phone:202 317-4432
Email: jacob.l.nava@irscounsel.treas.gov