# Special Rules for Certain Foreign Business Entities
> **IRS** · Final regulations. · Published 2003-10-22 · Effective 2003-10-22 · 68 FR 60296
## Document
- **Document number:** 03-26547
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 68 FR 60296
- **CFR reference:** 26 CFR 301
- **Publication date:** 2003-10-22
- **Effective date:** 2003-10-22
- **Treasury docket:** TD 9093
## Abstract

This document contains final regulations providing rules regarding the application of the general entity classification rules to certain foreign business entities, in particular providing a rule that terminates the grandfathered status of certain foreign business entities upon a 50 percent change of ownership and a special rule that clarifies and further modifies the rules relating to whether the classification of certain foreign eligible entities is relevant for Federal tax purposes.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/10/22/03-26547/special-rules-for-certain-foreign-business-entities)
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