(a) In general.—Section 954(c)(6)(C) is amended by striking “and before January 1, 2026,”.
(b) Effective date.—The amendment made by this section shall apply to taxable years of foreign corporations beginning after December 31, 2025.
Related topics
| Topic | Replies | Views | Activity | |
|---|---|---|---|---|
| Sec. 70351. Permanent extension of look-thru rule for related controlled foreign corporations | Law as Amended | 0 | 2 | August 1, 2025 | |
| PART V—OTHER INTERNATIONAL TAX REFORMS | 0 | 3 | July 21, 2025 | |
| Sec. 70354. Modifications to pro rata share rules | 0 | 1 | July 21, 2025 | |
| Sec. 70352. Repeal of election for 1-month deferral in determination of taxable year of specified foreign corporations | 0 | 2 | July 21, 2025 | |
| Sec. 70351. Permanent extension of look-thru rule for related controlled foreign corporations | Impact | 0 | 3 | August 17, 2025 |