Sec. 1.970-3 Effective date of Subpart G.
Sections
970through 972 and sections
1.970-1through
1.972-1shall apply with respect to taxable years of foreign corporations beginning after December 31, 1962, and to taxable years of United States shareholders within which or with which such taxable years of such corporations end.
[T.D. 6755, 29 FR 12709, Sept. 9, 1964]