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TD 9994: Section 367(d) Rules for Certain Repatriations of Intangible Property

Date: 2024-10-10
Links to Federal Register: HTML, PDF (Proposed Regulation: REG-124064-19 HTML, PDF)
Document Number: 2024-23132, RIN: 1545-BP55
Action: Final rule.

Abstract: This document contains final regulations that terminate the continued application of certain tax provisions arising from a previous transfer of intangible property to a foreign corporation when the intangible property is repatriated to certain United States persons. The final regulations affect certain United States persons that previously transferred intangible property to a foreign corporation.

Word frequency
Notable phrases   Frequency
intangible property      112
ip      73
u.s. transferor      55
qualified domestic person      49
adjusted basis      30
subsequent transfer      27
transferee foreign corporation      24
gain recognized      11
required adjustments      10
fair market value      9
earnings and profits      8
related transactions      8
transferred intangible property      8
domestic person's adjusted basis      6

Reg. Cites   Frequency
1.904-4(f)(2)(vi)(d)      12
1.367(d)-1T      8
1.367(d)-1T(e)(1)      6
1.882-4(b)(1)      5
1.367(d)-1(f)(4)(i)(a)      5
1.960-1(c)      5
1.954-1(c)      5
1.367(d)-1(f)(5)      5
1.367(d)-1T(f)(1)      4
1.367(d)-1T(c)      4
1.367(d)-1(f)(4)(iv)      4
1.904-4(f)(2)(vi)(d)(4)      4
1.904-4      4
1.367(d)-1T(h)      4
1.367(d)-1T(g)(1)      3
1.367(d)-1      3
1.367(d)-1T(c)(2)      3
1.367(d)-1T(f)(1)(ii)      3
1.6038b-1(d)(2)(iv)      3

Sec. Cites   Frequency
367(d)      70
311      7
7701(a)(43)      3
367(d)(4)      3
351      3
351(b)      3
1361(a)      3
851(a)      2
904(d)      2
856(a)      2
992(a)(1)      2
332      2
936(h)(3)(b)      2
311(b)      2
501(a)      2
7805(f)      2
951A      2
162      2

Statistics

Number of pages: 11, words: 10,600, sentences: 440
Average words per sentence: 24