Treasury Regulations (26 C.F.R.)
26 CFR § 1.5000C-5
Anti-abuse rule.
If a foreign person engages in a transaction (or series of transactions) with a principal purpose of avoiding the tax imposed under section 5000C, the transaction (or series of transactions) may be disregarded or the arrangement may be recharacterized (including disregarding an intermediate entity), in accordance with its substance. If this section applies, the foreign person remains liable for any tax (including any tax obligation unsatisfied as a result of underwithholding) and the Internal Revenue Service retains all other rights and remedies under any applicable law available to collect any tax imposed on the foreign contracting party by section 5000C.
[T.D. 9782, 81 FR 55138, Aug. 18, 2016]
Source: view the official text
In this part (40 sections)
- 1.1552-1 · Earnings and profits.
- 1.1561-0 · Table of contents.
- 1.1561-1 · General rules regarding certain tax benefits available to…
- 1.1561-2 · Special rules for allocating reductions of certain section…
- 1.1561-3 · Allocation of the section 1561(a) tax items.
- 1.1563-1 · Definition of controlled group of corporations and component…
- 1.1563-2 · Excluded stock.
- 1.1563-3 · Rules for determining stock ownership.
- 1.1563-4 · Franchised corporations.
- 1.5000A-0 · Table of contents.
- 1.5000A-1 · Maintenance of minimum essential coverage and liability for…
- 1.5000A-2 · Minimum essential coverage.
- 1.5000A-3 · Exempt individuals.
- 1.5000A-4 · Computation of shared responsibility payment.
- 1.5000A-5 · Administration and procedure.
- 1.5000C-0 · Outline of regulation provisions for section 5000C.
- 1.5000C-1 · Tax on specified Federal procurement payments.
- 1.5000C-2 · Withholding on specified Federal procurement payments.
- 1.5000C-3 · Payment and returns of tax withheld by the acquiring agency.
- 1.5000C-4 · Requirement for the foreign contracting party to file a…
- 1.5000C-5 · Anti-abuse rule.
- 1.5000C-6 · Examples.
- 1.5000C-7 · Effective/applicability date.
- 1.6001-1 · Records.
- 1.6001-2 · Returns.
- 1.6011-1 · General requirement of return, statement, or list.
- 1.6011-2 · Returns, etc., of DISC's and former DISC's.
- 1.6011-3 · Requirement of statement from payees of certain gambling…
- 1.6011-4 · Requirement of statement disclosing participation in certain…
- 1.6011-5 · Required use of magnetic media for corporate income tax…
- 1.6011-6 · [Reserved]
- 1.6011-7 · Specified tax return preparers required to file individual…
- 1.6011-8 · Requirement of income tax return for taxpayers who claim the…
- 1.6011-9 · Syndicated conservation easement listed transactions.
- 1.6011-10 · Micro-captive listed transaction.
- 1.6011-11 · Micro-captive transaction of interest.
- 1.6011-15 · Charitable remainder annuity trust listed transaction.
- 1.6011-18 · Certain partnership related-party basis adjustment…
- 1.6012-1 · Individuals required to make returns of income.
- 1.6012-2 · Corporations required to make returns of income.