Date: 2026-09-11
Links to Federal Register: HTML, PDF
Document Number: 2026-18645, RIN: 1545-BR90
Action: Notice of proposed rulemaking.
Abstract: This document contains proposed regulations related to the allocation and apportionment of deductions to foreign source section 951A category income for foreign tax credit limitation purposes and for purposes of calculating deduction eligible income. The proposed regulations would affect taxpayers that operate in foreign countries through foreign corporations and domestic corporations that claim the deduction for foreign-derived deduction eligible income.
| Notable phrases | Frequency |
|---|---|
| foreign source | 104 |
| 951A category income | 76 |
| allocat(ion|ing|ed) (and|or) apportion(ment|ing|ed) | 73 |
| u.s. source income | 35 |
| allocable to | 31 |
| foreign tax credit | 17 |
| gross dei | 14 |
| class of gross income | 13 |
| statutory and residual groupings | 13 |
| research and experimental expenditures | 10 |
| relative value | 9 |
| net cfc tested income | 8 |
| value of assets | 8 |
| Reg. Cites | Frequency |
|---|---|
| 1.861-17 | 8 |
| 1.861-8(e)(8)(i) | 6 |
| 1.904-4(p) | 5 |
| 1.861-9T | 5 |
| 1.861-8(e)(14) | 4 |
| 1.861-8 | 4 |
| 1.861-9 | 4 |
| 1.861-8(e)(8) | 4 |
| 1.250(b)-1(a) | 4 |
| 1.250(b)-1(d)(2)(ii) | 4 |
| 1.861-8T(c)(1) | 4 |
| 1.861-10T | 3 |
| 1.861-17(b)(2) | 3 |
| 1.861-8(b)(5) | 3 |
| 1.904(b)-4 | 3 |
| 1.861-8(e)(6) | 3 |
| 1.861-10 | 3 |
| 1.861-8(e)(4)(ii)(C) | 2 |
| 1.861-17(d) | 2 |
| 1.861-12 | 2 |
| Sec. Cites | Frequency |
|---|---|
| 951A | 92 |
| 904(b)(5) | 42 |
| 986(c) | 17 |
| 861 | 14 |
| 904 | 11 |
| 904(a) | 9 |
| 164(a)(3) | 8 |
| 250(a)(1)(B) | 7 |
| 904(b)(5)(B) | 7 |
| 78 | 7 |
| 904(g)(2)(B) | 6 |
| 904(f) | 6 |
| 250(b)(3) | 6 |
| 951(a)(1)(A) | 6 |
| 250 | 5 |
| 163 | 5 |
| 904(b) | 5 |
| 250(b)(3)(A)(ii) | 4 |
| 904(d)(1)(A) | 4 |
Statistics
Number of pages: 10, words: 9,898, sentences: 346
Average words per sentence: 28