26 U.S.C. § 671
Trust income, deductions, and credits attributable to grantors and others as substantial owners
Where it is specified in this subpart that the grantor or another person shall be treated as the owner of any portion of a trust, there shall then be included in computing the taxable income and credits of the grantor or the other person those items of income, deductions, and credits against tax of the trust which are attributable to that portion of the trust to the extent that such items would be taken into account under this chapter in computing taxable income or credits against the tax of an individual. Any remaining portion of the trust shall be subject to subparts A through D. No items of a trust shall be included in computing the taxable income and credits of the grantor or of any other person solely on the grounds of his dominion and control over the trust under section 61 (relating to definition of gross income) or any other provision of this title, except as specified in this subpart.
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Cited by 78
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- 26 CFR § 1.1295-1 — Qualified electing funds.
- 26 CFR § 1.1295-3 — Retroactive elections.
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- 26 CFR § 1.1361-1 — S corporation defined.
- 26 CFR § 1.139E-1 — Tribal general welfare benefits.
- 26 CFR § 1.1411-3 — Application to estates and trusts.
- 26 CFR § 1.1441-1 — Requirement for the deduction and withholding of tax on payments to foreign persons.
- 26 CFR § 1.1441-5 — Withholding on payments to partnerships, trusts, and estates.
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- 26 CFR § 1.1445-5 — Special rules concerning distributions and other transactions by corporations, partnerships, trusts, and estates.
- 26 CFR § 1.1446(f)-1 — General rules.
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- 26 CFR § 1.1471-5 — Definitions applicable to section 1471.
- 26 CFR § 1.1473-1 — Section 1473 definitions.
- 26 CFR § 1.170A-6 — Charitable contributions in trust.
- 26 CFR § 1.199A-6 — Relevant passthrough entities (RPEs), publicly traded partnerships (PTPs), trusts, and estates.
- 26 CFR § 1.30D-4 — Special rules.
- 26 CFR § 1.362-3 — Basis of importation property acquired in loss importation transaction.
- 26 CFR § 1.367(a)-1T — Transfers to foreign corporations subject to section 367(a): In general (temporary).
- 26 CFR § 1.421-1 — Meaning and use of certain terms.
- 26 CFR § 1.468A-5 — Nuclear decommissioning fund—miscellaneous provisions.
- 26 CFR § 1.468B-1 — Qualified settlement funds.
- 26 CFR § 1.468B-5 — Effective dates and transition rules applicable to qualified settlement funds.
- 26 CFR § 1.469-1T — General rules (temporary).
- 26 CFR § 1.481-5 — Eligible terminated S corporation.
- 26 CFR § 1.58-3 — Estates and trusts.
- 26 CFR § 1.584-4 — Admission and withdrawal of participants in the common trust fund.
- 26 CFR § 1.6011-18 — Certain partnership related-party basis adjustment transactions as transactions of interest.
- 26 CFR § 1.6012-3 — Returns by fiduciaries.
- 26 CFR § 1.6038-4 — Information returns required of certain United States persons with respect to such person's U.S. multinational enterprise group.
- 26 CFR § 1.6038D-2 — Requirement to report specified foreign financial assets.
- 26 CFR § 1.6038D-6 — Specified domestic entities.
- 26 CFR § 1.6038D-7 — Exceptions from the reporting of certain assets under section 6038D.
- 26 CFR § 1.6072-1 — Time for filing returns of individuals, estates, and trusts.
- 26 CFR § 1.61-22 — Taxation of split-dollar life insurance arrangements.
- 26 CFR § 1.641(a)-0 — Scope of subchapter J.
- 26 CFR § 1.641(c)-1 — Electing small business trust.
- 26 CFR § 1.6418-2 — Rules for making transfer elections.
- 26 CFR § 1.642(d)-1 — Net operating loss deduction.
- 26 CFR § 1.665(b)-1A — Accumulation distributions.
- 26 CFR § 1.668(a)-1A — Amounts treated as received in prior taxable years; inclusion in gross income.
- 26 CFR § 1.671-1 — Grantors and others treated as substantial owners; scope.
- 26 CFR § 1.671-2 — Applicable principles.
- 26 CFR § 1.671-3 — Attribution or inclusion of income, deductions, and credits against tax.
- 26 CFR § 1.671-4 — Method of reporting.
- 26 CFR § 1.671-5 — Reporting for widely held fixed investment trusts.
- 26 CFR § 1.672(d)-1 — Power subject to condition precedent.
- 26 CFR § 1.672(f)-1 — Foreign persons not treated as owners.
- 26 CFR § 1.672(f)-4 — Recharacterization of purported gifts.
- 26 CFR § 1.673(a)-1 — Reversionary interests; income payable to beneficiaries other than certain charitable organizations; general rule.
- 26 CFR § 1.674(a)-1 — Power to control beneficial enjoyment; scope of section 674.
- 26 CFR § 1.675-1 — Administrative powers.
- 26 CFR § 1.676(a)-1 — Power to revest title to portion of trust property in grantor; general rule.
- 26 CFR § 1.677(a)-1 — Income for benefit of grantor; general rule.
- 26 CFR § 1.678(a)-1 — Person other than grantor treated as substantial owner; general rule.
- 26 CFR § 1.678(b)-1 — If grantor is treated as the owner.
- 26 CFR § 1.679-1 — U.S. transferor treated as owner of foreign trust.
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