26 U.S.C. § 991
Taxation of a domestic international sales corporation
For purposes of the taxes imposed by this subtitle upon a DISC (as defined in section 992(a)), a DISC shall not be subject to the taxes imposed by this subtitle.
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Cited by 9
- 26 CFR § 1.861-11 — Special rules for allocating and apportioning interest expense of an affiliated group of corporations.
- 26 CFR § 1.861-14T — Special rules for allocating and apportioning certain expenses (other than interest expense) of an affiliated group of corporations (temporary).
- 26 CFR § 1.992-1 — Requirements of a DISC.
- 26 CFR § 1.992-2 — Election to be treated as a DISC.
- 26 CFR § 1.993-1 — Definition of qualified export receipts.
- 26 CFR § 1.993-6 — Definition of gross receipts.
- 26 CFR § 1.995-2 — Deemed distributions in qualified years.
- 26 CFR § 1.996-3 — Divisions of earnings and profits.
- 26 CFR § 12.7 — Election to be treated as a DISC.
Nearby sections (25 sections)
- 964 · Miscellaneous provisions
- 965 · Treatment of deferred foreign income upon transition to…
- 970 · Reduction of subpart F income of export trade corporations
- 971 · Definitions
- 972 · Repealed. Pub. L. 94–455, title XIX, § 1901(a)(120), Oct. 4,…
- 981 · Repealed. Pub. L. 94–455, title X, § 1012(b)(2), Oct. 4, 1976, 90…
- 982 · Admissibility of documentation maintained in foreign countries
- 985 · Functional currency
- 986 · Determination of foreign taxes and foreign corporation’s earnings…
- 987 · Branch transactions
- 988 · Treatment of certain foreign currency transactions
- 989 · Other definitions and special rules
- 991 · Taxation of a domestic international sales corporation
- 992 · Requirements of a domestic international sales corporation
- 993 · Definitions and special rules
- 994 · Inter-company pricing rules
- 995 · Taxation of DISC income to shareholders
- 996 · Rules for allocation in the case of distributions and losses
- 997 · Special subchapter C rules
- 999 · Reports by taxpayers; determinations
- 1000 · Reserved
- 1001 · Determination of amount of and recognition of gain or loss
- 1002 · Repealed. Pub. L. 94–455, title XIX, § 1901(b)(28)(B)(i), Oct.…
- 1011 · Adjusted basis for determining gain or loss
- 1012 · Basis of property—cost