# Elimination of Country-by-Country Reporting to Shareholders of Foreign Taxes Paid by Regulated Investment Companies
> **IRS** · Final regulations. · Published 2007-08-24 · Effective 2007-08-24 · 72 FR 48551
## Document
- **Document number:** E7-16737
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 72 FR 48551
- **CFR reference:** 26 CFR 1
- **Publication date:** 2007-08-24
- **Effective date:** 2007-08-24
- **Treasury docket:** TD 9357
## Abstract

This document contains final regulations that generally eliminate country-by-country reporting by a regulated investment company (RIC) to its shareholders of foreign source income that the RIC takes into account and foreign taxes that it pays. This change is necessary to conform the regulations to changes in the tax law relating to the foreign tax credit. These final regulations will affect certain RICs that pay foreign taxes and the shareholders of those RICs.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2007/08/24/E7-16737/elimination-of-country-by-country-reporting-to-shareholders-of-foreign-taxes-paid-by-regulated)
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