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26 U.S.C. § 951B

Amounts included in gross income of foreign controlled United States shareholders

United States · Title 26 — INTERNAL REVENUE CODE · Status: effective

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26 U.S.C. § 951B, Amounts included in gross income of foreign controlled United States shareholders, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/462828
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In the case of any foreign controlled United States shareholder of a foreign controlled foreign corporation— this subpart (other than sections 951A, 951(b), and 957) shall be applied with respect to such shareholder (separately from, and in addition to, the application of this subpart without regard to this section)— section 951A (and such other provisions of this subpart as provided by the Secretary) shall be applied with respect to such shareholder— For purposes of this section, the term “foreign controlled United States shareholder” means, with respect to any foreign corporation, any United States person which would be a United States shareholder with respect to such foreign corporation if— For purposes of this section, the term “foreign controlled foreign corporation” means a foreign corporation, other than a controlled foreign corporation, which would be a controlled foreign corporation if section 957(a) were applied— The Secretary shall prescribe such regulations or other guidance as may be necessary or appropriate to carry out the purposes of this section, including regulations or other guidance—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.