§800.243. Solely for the purpose of passive investment. — Inbound Citations
31 C.F.R. § 800.243
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 31 U.S.C. § 800.243 as a whole
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(b) A transaction that results in a foreign person holding 10 percent or less of the outstanding voting interest in a U.S. business (regardless of the dollar value of the interest so acquired), but only if the transaction is solely for the purpose of passive investment. (See § 800.243 and the examples in paragraphs (f)(2) through (4) of this section.)