# Ownership Attribution Under Section 958 Including for Purposes of Determining Status as Controlled Foreign Corporation or United States Shareholder
> **IRS** · Final regulations. · Published 2020-09-22 · Effective 2020-09-22 · 85 FR 59428
## Document
- **Document number:** 2020-17549
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 85 FR 59428
- **CFR reference:** 26 CFR 1
- **Publication date:** 2020-09-22
- **Effective date:** 2020-09-22
- **Treasury docket:** TD 9908
## Abstract

This document contains final regulations relating to the modification of section 958(b) of the Internal Revenue Code ("Code") by the Tax Cuts and Jobs Act, which was enacted on December 22, 2017. This document finalizes the proposed regulations published on October 2, 2019. The final regulations affect United States persons that have ownership interests in, or that make or receive payments to or from, certain foreign corporations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/09/22/2020-17549/ownership-attribution-under-section-958-including-for-purposes-of-determining-status-as-controlled)
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