Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income

---
identifier: "/us/fr/C1-2021-27887"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income"
title_number: 0
title_name: "Federal Register"
section_number: "C1-2021-27887"
section_name: "Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income"
positive_law: false
currency: "2022-04-13"
last_updated: "2022-04-13"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "C1-2021-27887"
document_type: "rule"
publication_date: "2022-04-13"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BP70"
fr_citation: "87 FR 21743"
fr_volume: 87
docket_ids:
  - "TD 9959"
---


#  [Corrected]

**Correction**

In Rule document 2021-27887, appearing on pages 276-376, in the issue of Tuesday, January 4, 2022, make the following corrections:

§ 1.861-20

**26 CFR Part 1**

1. On page 327, in the first column, in amendatory instruction Par. 22, the table is corrected to read as set forth below:

| Old paragraph | New paragraph |
| --- | --- |
| (b)(17) | (b)(18) |
| (b)(18) | (b)(19) |
| (b)(19) | (b)(20) |
| (b)(20) | (b)(21) |
| (b)(21) | (b)(23) |
| (b)(22) | (b)(24) |
| (b)(23) | (b)(25) |
| (b)(24) | (b)(26) |

§ 1.905-3

**26 CFR Part 1**

2. On page 373, in the first column, amendatory instruction Par. 29, is corrected to read as set forth below:

*Par.* 29. Section 1.905-3 is amended:

1. In paragraph (a), by revising the first two sentences.

2. In paragraph (b)(1)(ii)(B)( *1* ), by removing the language “USC Effective” and adding the language “USC. Effective” in its place.

3. By adding paragraph (b)(4).

4. By revising paragraph (d).