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Exception From Passive Income for Certain Foreign Insurance Companies

This document contains proposed regulations that provide guidance regarding when a foreign insurance company's income is excluded from the definition of passive income under sec...

This document contains proposed regulations that provide guidance regarding when a foreign insurance company's income is excluded from the definition of passive income under section 1297(b)(2)(B). The proposed regulations affect the U.S. shareholders of foreign corporations. This document also invites comments from the public on all aspects of the proposed rules and provides the opportunity for the public to request a public hearing.

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Federal Register Citation

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80 FR 22954

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“Exception From Passive Income for Certain Foreign Insurance Companies,” thefederalregister.org (April 24, 2015), https://thefederalregister.org/documents/2015-09630/exception-from-passive-income-for-certain-foreign-insurance-companies.