Income Taxes

---
identifier: "/us/fr/2018-11690"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Income Taxes"
title_number: 0
title_name: "Federal Register"
section_number: "2018-11690"
section_name: "Income Taxes"
positive_law: false
currency: "2018-05-30"
last_updated: "2018-05-30"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "2018-11690"
document_type: "rule"
publication_date: "2018-05-30"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
fr_citation: "83 FR 24661"
fr_volume: 83
---


#  Definitions and elections.

**CFR Correction**

**26 CFR Part 1**

In Title 26 of the Code of Federal Regulations, Part 1 (§§ 1.140 to 1.169), revised as of April 1, 2018, on page 88, in § 1.148-1, paragraph (e)(3) is reinstated to read as follows:

§ 1.148-1

(e) * * *

(3) *Certain hedges.* Investment-type property also includes the investment element of a contract that is a hedge (within the meaning of § 1.148-4(h)(2)(i)(A)) and that contains a significant investment element because a payment by the issuer relates to a conditional or unconditional obligation by the hedge provider to make a payment on a later date. See § 1.148-4(h)(2)(ii) relating to hedges with a significant investment element.