# Prop. Treas. Reg. § 1.1298-0: Table of contents.

Proposed regulation, not in force. REG-104464-18, 86 FR 4582, published 2021-01-15 <https://www.federalregister.gov/documents/2021/01/15/2020-27003/guidance-on-passive-foreign-investment-companies-and-the-treatment-of-qualified-improvement-property>. Interprets 26 U.S.C. § 1298.

Par. 11. Section 1.1298-0 is amended by adding entries for § 1.1298-4(e)(2)(i) and (ii); § 1.1298-4(e)(2)(ii)(A), (B), (C), and (D); § 1.1298-4(e)(3); § 1.1298-4(e)(3)(i), (ii), (iii), and (iv); § 1.1298-4(e)(3)(i)(A) and (B); § 1.1298-4(e)(3)(ii)(A) and (B); § 1.1298-4(e)(3)(iii)(A) and (B); and § 1.1298-4(e)(3)(iv)(A) and (B) to read as follows:

§ 1.1298-4 Rules for certain foreign corporations owning stock in 25-percent-owned domestic corporations.

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(e) * * *

(2) Safe harbor.

(i) Active business within Unites States.

(ii) Businesses undergoing change and new businesses.

(A) In general.

(B) Testing date.

(C) Transition period.

(D) Inapplicability.

(3) Examples.

(i) Example 1.

(A) Facts.

(B) Results.

(ii) Example 2.

(A) Facts.

(B) Results.

(iii) Example 3.

(A) Facts.

(B) Results.

(iv) Example 4.

(A) Facts.

(B) Results.

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