Certain interest allocable to United States source income

Any interest which—

(A)#

is paid or accrued by a United States-owned foreign corporation during any taxable year,

(B)#

is paid or accrued to a United States shareholder (as defined in section 951(b)) or a related person (within the meaning of section 267(b)) to such a shareholder, and

(C)#

is properly allocable (under regulations prescribed by the Secretary) to income of such foreign corporation for the taxable year from sources within the United States,

shall be treated as derived from sources within the United States.

loading…

Certain interest allocable to United States source income

Official source

Any interest which—

(A)#

is paid or accrued by a United States-owned foreign corporation during any taxable year,

(B)#

is paid or accrued to a United States shareholder (as defined in section 951(b)) or a related person (within the meaning of section 267(b)) to such a shareholder, and

(C)#

is properly allocable (under regulations prescribed by the Secretary) to income of such foreign corporation for the taxable year from sources within the United States,

shall be treated as derived from sources within the United States.