{"abstract":"This document contains final regulations under section 951(a) of the Internal Revenue Code (Code) that provide guidance for determining a United States shareholder's pro rata share of a controlled foreign corporation's (CFC's) subpart F income, previously excluded subpart F income withdrawn from investment in less developed countries, and previously excluded subpart F income withdrawn from foreign base company shipping operations.","action":"Final regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2005/08/25/05-16611.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1,"title":26}],"citation":"70 FR 49864","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: These regulations are effective August 25, 2005.","disposition_notes":null,"docket_ids":["TD 9222"],"dockets":[],"document_number":"05-16611","effective_on":"2005-08-25","end_page":49869,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2005/08/25/05-16611.xml","html_url":"https://www.federalregister.gov/documents/2005/08/25/05-16611/guidance-under-section-951-for-determining-pro-rata-share","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/05-16611?publication_date=2005-08-25","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2005-08-25/05-16611/mods.xml","not_received_for_publication":null,"page_length":6,"page_views":{"count":750,"last_updated":"2026-10-22 22:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2005-08-25/pdf/05-16611.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2005-08-25","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2005/08/25/05-16611.txt","regulation_id_number_info":{"1545-BD49":null},"regulation_id_numbers":["1545-BD49"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-12T17:03:16Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":49864,"subtype":null,"title":"Guidance Under Section 951 for Determining Pro Rata Share","toc_doc":"Guidance under section 951 for determining pro rata share","toc_subject":"Income taxes:","topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":70}