Treasury Regulations (26 C.F.R.)
26 CFR § 1.892-7T
Relationship to other Internal Revenue Code sections (temporary regulations).
# (a) Section 893.
The term “foreign government” referred to in section 893 (relating to the exemption for compensation of employees of foreign governments) has the same meaning as given such term in § 1.892-2T.
# (b) Section 895.
A foreign central bank of issue (as defined in § 1.895-1(b)) that fails to qualify for the exemption from tax provided by this section (for example, it is not wholly owned by a foreign sovereign) may nevertheless be exempt from tax on the items of income described in section 895.
# (c) Section 883(b).
Nothing in section 892 or these regulations shall limit the exemption provided under section 883(b) relating generally to the exemption of earnings derived by foreign participants from the ownership or operation of communications satellite systems.
# (d) Section 884.
Earnings and profits attributable to income of a controlled entity of a foreign sovereign which is exempt from taxation under section 892 shall not be subject to the tax imposed by section 884(a).
# (e) Sections 1441 and 1442.
No withholding is required under sections 1441 and 1442 in the case of income exempt from taxation under section 892.
[T.D. 8211, 53 FR 24066, June 27, 1988]
Source: view the official text
In this part (40 sections)
- 1.883-3 · Treatment of controlled foreign corporations.
- 1.883-4 · Qualified shareholder stock ownership test.
- 1.883-5 · Effective/applicability dates.
- 1.884-0 · Overview of regulation provisions for section 884.
- 1.884-1 · Branch profits tax.
- 1.884-2 · Special rules for termination or incorporation of a U.S.…
- 1.884-2T · Special rules for termination or incorporation of a U.S.…
- 1.884-3T · Coordination of branch profits tax with second-tier…
- 1.884-4 · Branch-level interest tax.
- 1.884-5 · Qualified resident.
- 1.891 · Statutory provisions; doubling of rates of tax on citizens and…
- 1.892-1T · Purpose and scope of regulations (temporary regulations).
- 1.892-2T · Foreign government defined (temporary regulations).
- 1.892-3 · Income of foreign governments.
- 1.892-3T · Income of foreign governments (temporary regulations).
- 1.892-4 · Commercial activities.
- 1.892-4T · Commercial activities (temporary regulations).
- 1.892-5 · Controlled commercial entity.
- 1.892-5T · Controlled commercial entity (temporary regulations).
- 1.892-6T · Income of international organizations (temporary…
- 1.892-7T · Relationship to other Internal Revenue Code sections…
- 1.893-1 · Compensation of employees of foreign governments or…
- 1.894-1 · Income affected by treaty.
- 1.895-1 · Income derived by a foreign central bank of issue, or by Bank…
- 1.897-1 · Taxation of foreign investment in United States real property…
- 1.897-2 · United States real property holding corporations.
- 1.897-3 · Election by foreign corporation to be treated as a domestic…
- 1.897-4AT · Table of contents (temporary).
- 1.897-5 · Corporate distributions.
- 1.897-5T · Corporate distributions (temporary).
- 1.897-6T · Nonrecognition exchanges applicable to corporations, their…
- 1.897-7 · Treatment of certain partnership interests, trusts and…
- 1.897-7T · Treatment of certain partnership interests as entirely U.S.…
- 1.897-8T · Status as a U.S. real property holding corporation as a…
- 1.897-9T · Treatment of certain interest in publicly traded…
- 1.897(l)-1 · (l)-1 Exception for interests held by foreign pension…
- 1.901-1 · Allowance of credit for foreign income taxes.
- 1.901-2 · Income, war profits, or excess profits tax paid or accrued.
- 1.901-2A · Dual capacity taxpayers.
- 1.901-3 · Reduction in amount of foreign taxes on foreign mineral…