# Allocation of Creditable Foreign Taxes
> **IRS** · Final regulations and removal of temporary regulations. · Published 2019-07-24 · Effective 2019-07-24 · 84 FR 35539
## Document
- **Document number:** 2019-15362
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 84 FR 35539
- **CFR reference:** 26 CFR 1
- **Publication date:** 2019-07-24
- **Effective date:** 2019-07-24
- **Treasury docket:** TD 9871
## Abstract

This document contains final regulations with respect to a provision of the Internal Revenue Code (Code) that addresses the allocation by a partnership of foreign income taxes. These regulations are necessary to improve the operation of an existing safe harbor rule that determines whether allocations of creditable foreign tax expenditures are deemed to be in accordance with the partners' interests in the partnership. The regulations affect partnerships that pay or accrue foreign income taxes and partners in such partnerships.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/07/24/2019-15362/allocation-of-creditable-foreign-taxes)
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