Date: 2026-08-26
Links to Federal Register: HTML, PDF
Document Number: 2026-17365, RIN: 1545-BR77
Action: Notice of proposed rulemaking.
Abstract: This document contains proposed regulations relating to the determination of a United States shareholder's pro rata share of subpart F income, tested income, or tested loss of a controlled foreign corporation. The proposed regulations would affect shareholders of foreign corporations, including United States shareholders of controlled foreign corporations.
| Notable phrases | Frequency |
|---|---|
| taxable year | 226 |
| controlled foreign corporation | 152 |
| subpart f income | 141 |
| pro rata share | 133 |
| united states shareholder | 119 |
| tested income | 93 |
| earnings and profits | 75 |
| tested loss | 73 |
| class of stock | 56 |
| hypothetical distribution | 50 |
| united states person | 46 |
| allocable earnings and profits | 44 |
| significant ownership variance | 36 |
| preferred shares | 35 |
| controlling section 958(a) u.s. shareholder | 25 |
| status change event | 25 |
| cfc inclusion year | 19 |
| allocable earnings and profits distributed | 14 |
| day(s) in the cfc year | 12 |
| weighted average share count | 9 |
| Reg. Cites | Frequency |
|---|---|
| 1.951-1(e)(2)(ii) | 12 |
| 1.951A-1 | 11 |
| 1.951-1(d)(2) | 7 |
| 1.245A-5(e) | 7 |
| 1.951-1 | 6 |
| 1.951-4 | 6 |
| 1.951-1(b) | 5 |
| 1.245A-5 | 5 |
| 1.1502-80(j) | 5 |
| 1.6038-2 | 4 |
| 1.6038-2(f)(8) | 4 |
| 1.958-1(d) | 4 |
| 1.958-1(d)(1) | 3 |
| 1.1502-76(b) | 3 |
| 1.951-1(f) | 3 |
| 1.951A-1(d) | 3 |
| 1.951-1(e)(2)(i) | 3 |
| 1.951A-6(b) | 3 |
| 1.951-1(d)(2)(i) | 3 |
| 1.6038-2(f) | 3 |
| Sec. Cites | Frequency |
|---|---|
| 958(a) | 65 |
| 951 | 32 |
| 951A | 22 |
| 951(a)(2)(b) | 21 |
| 245A | 19 |
| 951(a)(1)(a) | 16 |
| 951(a)(2) | 12 |
| 951(a) | 11 |
| 951(a)(1)(b) | 9 |
| 951B | 8 |
| 954(c)(6) | 6 |
| 952 | 6 |
| 956 | 5 |
| 951(a)(2)(a) | 5 |
| 960 | 5 |
| 1248 | 5 |
| 957(a) | 4 |
| 951(b) | 4 |
Statistics
Number of pages: 26, words: 29,229, sentences: 906
Average words per sentence: 32