Foreign corporation.

Foreign corporation. The term foreign corporation has the meaning ascribed to such term in section 7701(a) (3) and (5) and 301.7701-5. For purposes of sections 897 and 6039C, however, the term does not include a foreign corporation with respect to which there is in effect an election under section 897(i) and 1.897-3 or section 897(k) and 1.897-4 to be treated as a domestic corporation.


26 CFR § 1.897-1

Scoping language

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