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Limitation on Deduction for Dividends Received From Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception

---
identifier: "/us/fr/C1-2020-18543"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Limitation on Deduction for Dividends Received From Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception"
title_number: 0
title_name: "Federal Register"
section_number: "C1-2020-18543"
section_name: "Limitation on Deduction for Dividends Received From Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception"
positive_law: false
currency: "2020-09-25"
last_updated: "2020-09-25"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "C1-2020-18543"
document_type: "rule"
publication_date: "2020-09-25"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BP35"
fr_citation: "85 FR 60358"
fr_volume: 85
docket_ids:
  - "TD 9909"
---

#  [Corrected]

**Correction**

In rule document 2020-18543 beginning on page 53068 in the issue of Thursday, August 27, 2020, make the following corrections:

1. (a) On page 53074, in the second column, in the second full paragraph, in the ninth line “$100 ×” should read “$100x”.

(b) On the same page, in the same column, in the same paragraph, in the 13th line “$100 ×” should read “$100x”.

(c) On the same page, in the same column, in the same paragraph, in the 21st line “$100 ×” should read “$100x”.

2. On page 53074, in the second column, in the second full paragraph, in the 15th line “$1 ×” should read “$1x”.

3. On page 53074, in the second column, in the second full paragraph, in the 17th line “$99 ×” should read “$99x”.

4. (a) On page 53075, in the third column, in the first full paragraph, in the 11th line “$100 ×” should read “$100x”.

(b) On the same page, in the same column, in the same paragraph, in the 13th line “$100 ×” should read “$100x”.

(c) On the same page, in the same column, in the same paragraph, in the 15th line “$100 ×” should read “$100x”.

(d) On the same page, in the same column, in the same paragraph, in the 20th line “$100 ×” should read “$100x”.

(e) On the same page, in the same column, in the same paragraph, in the 27th line “$100 ×” should read “$100x”.

(f) On the same page, in the same column, in the same paragraph, in the 37th line “$100 ×” should read “$100x”.

§ 1.245A-5

5. On page 53086, in § 1.245A-5, in the third column, in the second full paragraph, in the 19th line the heading “(B) Special rules regarding carryover foreign target stock.” should start a new paragraph.