Data / Federal rules / 2024-27227
Previously Taxed Earnings and Profits and Related Basis Adjustments
The Internal Revenue Service published this proposed rule in the Federal Register on December 2, 2024. Comments closed on March 3, 2025.
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What the agency says
This document contains proposed regulations regarding previously taxed earnings and profits of foreign corporations and related basis adjustments. The proposed regulations affect foreign corporations with previously taxed earnings and profits and their shareholders.
Key facts
- Document number
- 2024-27227
- Type
- Proposed rule
- Action
- Notice of proposed rulemaking
- Agency
- Treasury Department; Internal Revenue Service
- Published
- December 2, 2024
- Comments due
- March 3, 2025
- Dates
- Written or electronic comments and requests for a public hearing must be received by March 3, 2025.
- Docket
- REG-105479-18
- Regulation ID (RIN)
- 1545-BO61
- Code of Federal Regulations
- 26 CFR 1
- Topics
- Income taxes; Reporting and recordkeeping requirements
- Significant
- Yes, under Executive Order 12866
- Pages
- 103
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Everything from the Internal Revenue Service · Rules on income taxes · Rules on reporting and recordkeeping requirements · Published in December 2024
Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.