Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 991
Taxation of a domestic international sales corporation
Official textgovinfo.govlast amended
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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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 · [§972. Repealed. Pub. L. 94–455, title XIX, §1901(a)(120), Oct.…
- 981 · [§981. Repealed. Pub. L. 94–455, title X, §1012(b)(2), Oct. 4,…
- 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 · [§1000. Reserved]
- 1001 · Determination of amount of and recognition of gain or loss
- 1002 · [§1002. Repealed. Pub. L. 94–455, title XIX, §1901(b)(28)(B)(i),…
- 1011 · Adjusted basis for determining gain or loss
- 1012 · Basis of property—cost