# Prop. Treas. Reg. § 1.441-2: Election of taxable year consisting of 52-53 weeks.

Proposed regulation, not in force. REG-115145-25, 91 FR 48794, published 2026-08-03 <https://www.federalregister.gov/documents/2026/08/03/2026-15614/section-898c-transition-rule-for-allocating-foreign-taxes-and-section-960d4-foreign-tax-credit>. Interprets 26 U.S.C. § 441.

Par. 4. Section 1.441-2 is amended by revising the fourth sentence of paragraph (b)(1)(i) to read as follows:

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(b) * * *

(1) * * *

(i) * * * Similarly, a newly-formed specified foreign corporation (as defined in section 898(b)) may adopt a 52-53-week taxable year if such year ends with reference to the taxpayer's required taxable year. * * *

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