Application of Section 250(b)(3)(A)(i)(VII) to Sales or Other Dispositions of Property

This page provides the official government form from the Treasury Department. The summary below is quoted from the agency source.

This document contains proposed regulations under section 250 of the Internal Revenue Code (Code) that provide guidance on certain income of a domestic corporation that is excluded in the determination of deduction eligible income. This category of income consists of income and gain from the sale or other disposition of intangible property and any other property of a type that is subject to depreciation, amortization, or depletion. The proposed regulations would affect domestic corporations with foreign-derived deduction eligible income.

Source: Federal Register — Treasury Department. Official form page · Official PDF. Quoted material remains the agency’s; this firm page is a reference only.