Determination of Interest Expense Deduction of Foreign Corporations
---
identifier: "/us/fr/E9-6944"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Determination of Interest Expense Deduction of Foreign Corporations"
title_number: 0
title_name: "Federal Register"
section_number: "E9-6944"
section_name: "Determination of Interest Expense Deduction of Foreign Corporations"
positive_law: false
currency: "2009-03-27"
last_updated: "2009-03-27"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "E9-6944"
document_type: "rule"
publication_date: "2009-03-27"
agencies:
- "Treasury Department"
- "Internal Revenue Service"
cfr_references:
- "26 CFR Part 1"
fr_citation: "74 FR 13340"
fr_volume: 74
---
# Determination of interest deduction.
**CFR Correction**
In Title 26 of the Code of Federal Regulations, Part 1 (§§ 1.851 to 1.907), revised as of April 1, 2008, on page 436, in § 1.882-5, reinstate paragraph (d)(2)(ii)(B) to read as follows:
§ 1.882-5
(d) * * *
(2) * * *
(ii) * * *
(B) *Identified liabilities not properly reflected.* A liability is not properly reflected on the books of the U.S. trade or business merely because a foreign corporation identifies the liability pursuant to § 1.884-4(b)(1)(ii) and (b)(3).