# Guidance Regarding the Definition of Foreign Personal Holding Company Income
> **IRS** · Final regulations. · Published 2003-01-31 · Effective 2003-01-31 · 68 FR 4916
## Document
- **Document number:** 03-2209
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 68 FR 4916
- **CFR reference:** 26 CFR 1
- **Publication date:** 2003-01-31
- **Effective date:** 2003-01-31
- **Treasury docket:** TD 9039
## Abstract

This document contains final regulations that provide that gain or loss arising from certain commodities hedging transactions and currency gain or loss arising from certain interest-bearing liabilities do not constitute (or are not netted against) foreign personal holding company income. This treatment is implemented because the applicable commodities hedging transactions and interest-bearing liabilities typically offset transactions that do not generate foreign personal holding company income.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/01/31/03-2209/guidance-regarding-the-definition-of-foreign-personal-holding-company-income)
---
*AI Analytics · CC0 1.0*