1545-BM80 201904 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Exception to Foreign Personal Holding Company Income for Foreign Currency Gain or Loss

These regulations will clarify and modify the exception to foreign personal holding company income for foreign currency gains and losses related to the needs of the issuers. Final regulations to permit election of mark-to-market timing convention for certain foreign currency gains and losses.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No Other 26 CFR 1.954-2 26 CFR 1.988-5 26 CFR 1.996-4 26 U.S.C. 954(c)(1)(D) 26 U.S.C. 989(c) 26 U.S.C. 7805(a) 26 U.S.C. 996 No NPRM 12/19/2017 82 FR 61199 NPRM Comment Period End 03/19/2018 Final Action 09/00/2019 REG-119514-15 Drafting attorney: Jeffrey G. Mitchell (202) 317-6934 Treasury attorney: Brian Jenn (202) 622-5967 CC:INTL No No None No No No No Jeffery Mitchell G. Branch Chief 1545 Internal Revenue Service IRS 202 317-6934 1111 Constitution Avenue NW., Washington DC 20224