{"abstract":"This document contains final regulations regarding the treatment of property used to acquire parent stock or securities in connection with certain triangular reorganizations involving one or more foreign corporations; the consequences to persons that receive parent stock or securities pursuant to such reorganizations; and the treatment of certain subsequent inbound nonrecognition transactions following such reorganizations and certain other transactions. The final regulations affect corporations engaged in certain triangular reorganizations involving one or more foreign corporations, certain shareholders of foreign corporations acquired in such reorganizations, and foreign corporations that participate in certain inbound nonrecognition transactions.","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/2024/07/18/2024-15232.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"89 FR 58275","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: These regulations are effective on July 17, 2024.","disposition_notes":null,"docket_ids":["TD 10004"],"dockets":[{"supporting_documents":[],"agency_name":"IRS","documents":[{"comment_count":0,"comment_start_date":"2024-07-18","updated_at":"2024-09-03T17:13:03.490-04:00","comment_url":"https://www.regulations.gov/commenton/IRS-2023-0047-0004","allow_late_comments":false,"id":"IRS-2023-0047-0004","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"IRS-2023-0047","title":"Guidance Under Section 367(b) Related to Certain Triangular Reorganizations and Inbound Nonrecognition Transactions (REG-117614-14)"}],"document_number":"2024-15232","effective_on":"2024-07-17","end_page":58286,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/07/18/2024-15232.xml","html_url":"https://www.federalregister.gov/documents/2024/07/18/2024-15232/guidance-under-section-367b-related-to-certain-triangular-reorganizations-and-inbound-nonrecognition","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-15232?publication_date=2024-07-18","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-07-18/2024-15232/mods.xml","not_received_for_publication":null,"page_length":12,"page_views":{"count":923,"last_updated":"2026-10-23 08:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-07-18/pdf/2024-15232.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-15232.pdf?1721220315","publication_date":"2024-07-18","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/07/18/2024-15232.txt","regulation_id_number_info":{"1545-BM19":{"issue":"202404","html_url":"https://www.federalregister.gov/regulations/1545-BM19/triangular-reorganizations-involving-foreign-corporations","title":"Triangular Reorganizations Involving Foreign Corporations","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202404&RIN=1545-BM19&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1545-BM19"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BM19/triangular-reorganizations-involving-foreign-corporations","title":"Triangular Reorganizations Involving Foreign Corporations"},"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-2023-0047","supporting_documents_count":0,"docket_id":"IRS-2023-0047","document_id":"IRS-2023-0047-0004","regulation_id_number":"1545-BM19","title":"Guidance Under Section 367(b) Related to Certain Triangular Reorganizations and Inbound Nonrecognition Transactions (REG-117614-14)","checked_regulationsdotgov_at":"2024-07-19T18:00:11Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":58275,"subtype":null,"title":"Guidance Under Section 367(b) Related to Certain Triangular Reorganizations and Inbound Nonrecognition Transactions","toc_doc":"Section 367(b) Related to Certain Triangular Reorganizations and Inbound Nonrecognition Transactions","toc_subject":"Guidance:\n","topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":89}