# Ownership Attribution for Purposes of Determining Whether a Person Is Related to a Controlled Foreign Corporation; Rents Derived in the Active Conduct of a Trade or Business
> **IRS** · Final regulations. · Published 2019-11-19 · Effective 2019-11-19 · 84 FR 63802
## Document
- **Document number:** 2019-24985
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 84 FR 63802
- **CFR reference:** 26 CFR 1
- **Publication date:** 2019-11-19
- **Effective date:** 2019-11-19
- **Treasury docket:** TD 9883
## Abstract

This document contains final regulations regarding the attribution of ownership of stock or other interests for purposes of determining whether a person is a related person with respect to a controlled foreign corporation ("CFC") under section 954(d)(3). In addition, the final regulations provide rules for determining whether a CFC is considered to derive rents in the active conduct of a trade or business for purposes of computing foreign personal holding company income. This document finalizes the proposed regulations published on May 20, 2019. The regulations affect United States persons with direct or indirect ownership interests in certain foreign corporations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/11/19/2019-24985/ownership-attribution-for-purposes-of-determining-whether-a-person-is-related-to-a-controlled)
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