{"abstract":"This document contains corrections to Treasury Decision 9902, which was published in the Federal Register on Thursday, July 23, 2020. Treasury Decision 9902 contained final regulations under the global intangible low-taxed income and subpart F income provisions of the Internal Revenue Code regarding the treatment of income that is subject to a high rate of foreign tax.","action":"Final regulations; correction.","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/2020/12/11/2020-25374.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"85 FR 79837","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This correction is effective on December 11, 2020.","disposition_notes":null,"docket_ids":["TD 9902"],"dockets":[],"document_number":"2020-25374","effective_on":"2020-12-11","end_page":79837,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/12/11/2020-25374.xml","html_url":"https://www.federalregister.gov/documents/2020/12/11/2020-25374/guidance-under-sections-951a-and-954-regarding-income-subject-to-a-high-rate-of-foreign-tax","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-25374?publication_date=2020-12-11","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-12-11/2020-25374/mods.xml","not_received_for_publication":null,"page_length":1,"page_views":{"count":436,"last_updated":"2026-10-22 18:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-12-11/pdf/2020-25374.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-25374.pdf?1607607919","publication_date":"2020-12-11","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/12/11/2020-25374.txt","regulation_id_number_info":{"1545-BP15":{"issue":"202004","html_url":"https://www.federalregister.gov/regulations/1545-BP15/guidance-regarding-the-global-intangible-low-taxed-income-high-tax-exclusion","title":"Guidance Regarding the Global Intangible Low-Taxed Income High Tax Exclusion","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202004&RIN=1545-BP15&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1545-BP15"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BP62/guidance-under-section-954-b-4-rules-for-high-taxed-subpart-f-income-and-section-964-rules-for-deter","title":"Guidance Under Section 954(b)(4) (Rules for High-Taxed Subpart F Income) and Section 964 (Rules for Determining the Earnings and Profits of a Foreign Corporation)"},"comments_count":0,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2020-0024","supporting_documents_count":0,"docket_id":"IRS-2020-0024","document_id":"IRS-2020-0024-0021","regulation_id_number":"1545-BP62","title":"Guidance Under Section 954(b)(4) Regarding Income Subject to a High Rate of Foreign Tax (REG-127732-19)","checked_regulationsdotgov_at":"2020-12-17T04:30:08Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":79837,"subtype":null,"title":"Guidance Under Sections 951A and 954 Regarding Income Subject to a High Rate of Foreign Tax; Correction","toc_doc":"Income Subject to a High Rate of Foreign Tax; Correction","toc_subject":"Guidance:\n","topics":[],"type":"Rule","volume":85}