Finance & markets · 21/03/1996Updated: 10/18/2026 · 1 min read
Correction to Temporary Regulations Regarding Stock Transfers to Foreign Corporations
Summary
The IRS has corrected temporary regulations (TD 8638) published on December 26, 1995, which affected the transfer of domestic stock or securities by U.S. persons to foreign corporations. The corrected regulations update the tax treatment for these transfers under the Internal Revenue Code.