# Prop. Treas. Reg. § 1.954-1: [Amended]

Proposed regulation, not in force. REG-101657-20, 85 FR 72078, published 2020-11-12 <https://www.federalregister.gov/documents/2020/11/12/2020-21818/guidance-related-to-the-foreign-tax-credit-clarification-of-foreign-derived-intangible-income>. Interprets 26 U.S.C. § 954.

Par. 32. Section 1.954-1, as proposed to be amended in 85 FR 44650 (July 23, 2020), is further amended by removing the second sentence in paragraph (d)(1)(iv)(A).