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TREAS/IRS RIN: 1545-BM69 Publication ID: Fall 2016 
Title: Exception to Passive Income Characterization of Certain Insurance Companies With Respect to Passive Foreign Investment Companies 

This regulation will provide guidance regarding when a foreign insurance company's income is excluded from the definition of passive income under the passive foreign investment company rules.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: Undetermined 
CFR Citation: 26 CFR 1   
Legal Authority: 26 U.S.C. 1297(b)(2)(B)    26 U.S.C. 7805   
Legal Deadline:  None
Action Date FR Cite
NPRM  04/24/2015  80 FR 22954   
NPRM Comment Period End  07/23/2015 
Notice of Public Hearing  09/18/2015  80 FR 50239   
Final Action  12/00/2016 
Additional Information: REG-108214-15 Drafting attorney: Josephine H. Firehock (202) 317-6938 Reviewing attorney: Mark Erwin (202) 317-6938 Treasury attorney: Lindsay Kitzinger (202) 622-1341 CC:INTL
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Josephine H. Firehock
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-4932
Fax:855 589-8672