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TD 9896: Rules Regarding Certain Hybrid Arrangements

Date: 2020-04-08
Links to Federal Register: HTML, PDF
Document Number: 2020-05924, RIN: 1545-BO53
Action: Final regulations.

Abstract: This document contains final regulations providing guidance regarding hybrid dividends and certain amounts paid or accrued pursuant to hybrid arrangements, which generally involve arrangements whereby U.S. and foreign tax law classify a transaction or entity differently for tax purposes. This document also contains final regulations relating to dual consolidated losses and entity classifications to prevent the same deduction from being claimed under the tax laws of both the United States and a foreign jurisdiction. Finally, this document contains final regulations regarding information reporting to facilitate the administration of certain rules in the final regulations. The final regulations affect taxpayers that would otherwise claim a deduction related to such amounts and certain shareholders of foreign corporations that pay or receive hybrid dividends.

Word frequency
Notable phrases   Frequency
hybrid deduction      489
mismatch payment(s)      167
imported mismatch payment(s)      156
hybrid deduction account(s)      125
disqualified hybrid amount      112
hybrid dividend      111
foreign tax law      85
tax resident or taxable branch      64
foreign tax resident      58
fiscally transparent      55
imported mismatch rule      54
relevant foreign tax law      50
imported mismatch payee      47
United States shareholder      46
tiered hybrid dividend      44
foreign taxable branch      42
U.S. taxable branch      39
funded taxable payment      36
earnings and profits      34
disqualified imported mismatch amount(s)      31
dual inclusion income      26

Reg. Cites   Frequency
1.267A-4      23
1.267A-3(a)      22
1.267A-1      19
1.267A-2(a)      16
1.267A-7      10
1.245A(e)-1      10
1.267A-4(b)      10
1.267A-3(b)      10
1.267A-4(a)(1)      9
1.267A-1(b)      9
1.267A-3      9
1.6038-2(f)(13)      9
1.267A-5      9
1.6038A-2(b)(5)(iii)      9
1.267A-2(d)      9
1.267A-4(c)(3)(i)      9
1.267A-1(b)(2)      9
1.6038-3(g)(3)      8
1.267A-4(f)(2)      8
1.267A-1(b)(1)      8

Sec. Cites   Frequency
267A      158
245A(e)      61
163(j)      15
245A(a)      15
1503(d)      15
958(a)      9
954(d)(3)      8
951(a)(1)(A)      7
951      6
245A(d)      6
355      5
988      5
245A      5
1293      4
951A      4
267A(e)      4
338(g)      4
964(e)(1)      3
882(c)(1)      3

Related regulation packages:


Statistics

Number of pages: 56, words: 68,343, sentences: 2,092
Average words per sentence: 32