# Termination of Puerto Rico and Possession Tax Credit; New Lines of Business Prohibited
> **IRS** · Final and Temporary regulations. · Published 2000-01-25 · Effective 2000-01-25 · 65 FR 3814
## Document
- **Document number:** 00-1528
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 65 FR 3814
- **CFR reference:** 26 CFR 1
- **Publication date:** 2000-01-25
- **Effective date:** 2000-01-25
- **Treasury docket:** TD 8868
## Abstract

This document amends the Income Tax Regulations by removing temporary regulations that provide guidance regarding the addition of a substantial new line of business by a possessions corporation that is an existing credit claimant and adding final regulations. These regulations are necessary to implement changes made by the Small Business Job Protection Act of 1996.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2000/01/25/00-1528/termination-of-puerto-rico-and-possession-tax-credit-new-lines-of-business-prohibited)
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