26 U.S.C. § 275

Editorial Notes

References in Text

act Aug. 16, 1954, ch. 73668A Stat. 415section 3128 of this titleThe Federal Insurance Contributions Act, referred to in subsec. (a)(1)(A), is , §§ 3101, 3102, 3111, 3112, 3121 to 3128, , which is classified generally to chapter 21 (§ 3101 et seq.) of this title. For complete classification of this Act to the Code, see and Tables.

Codification

Pub. L. 95–600, § 701(t)(3)(B)Oct. 4, 1976Pub. L. 95–600, § 701(t)(5)section 859 of this title§ 1605(b)(1) of Pub. L. 94–455§ 1307(d)(2)(A) of Pub. L. 94–455 (effective , see , set out as an Effective Date of 1978 Amendment note under ) repealed , cited as a credit to this section, which had duplicated the amendment to subsec. (a)(6) made by .

Amendments

Pub. L. 117–169, § 11003(b)2022—Subsec. (a)(6). , inserted “50A,” after “46,”.

Pub. L. 117–169, § 10201(b), inserted “37,” before “41”.

Pub. L. 113–2952014—Subsec. (a). struck out “Paragraph (1) shall not apply to the tax imposed by section 59A.” at end of concluding provisions.

Pub. L. 110–1722007—Subsec. (a)(4). substituted “if the taxpayer chooses to take to any extent the benefits of section 901.” for “if—

“(A) the taxpayer chooses to take to any extent the benefits of section 901, or

“(B) such taxes are paid or accrued with respect to foreign trade income (within the meaning of section 923(b)) of a FSC,.”

Pub. L. 108–357, § 101(b)(5)(B)2004—Subsec. (a). , struck out at end of concluding provisions “A rule similar to the rule of section 943(d) shall apply for purposes of paragraph (4)(C).”

Pub. L. 108–357, § 101(b)(5)(A)Subsec. (a)(4). , inserted “or” at end of subpar. (A), substituted period for “or” at end of subpar. (B), and struck out subpar. (C) which read as follows: “such taxes are paid or accrued with respect to qualifying foreign trade income (as defined in section 941).”

Pub. L. 108–357, § 802(b)(1)Subsec. (a)(6). , inserted “45,” before “46,”.

Pub. L. 106–519, § 4(2)(B)2000—Subsec. (a). , inserted at end “A rule similar to the rule of section 943(d) shall apply for purposes of paragraph (4)(C).”

Pub. L. 106–519, § 4(2)(A)Subsec. (a)(4)(C). , added subpar. (C).

Pub. L. 100–2031987—Subsec. (a)(6). substituted “46, and 54” for “and 46”.

Pub. L. 99–4991986—Subsec. (a). inserted at end “Paragraph (1) shall not apply to the tax imposed by section 59A.”

Pub. L. 98–369, § 801(d)(5)1984—Subsec. (a)(4). , inserted provision disallowing a deduction for income, war profits, and excess profits taxes if such taxes are paid or accrued with respect to foreign trade income, within the meaning of section 923(b), of a FSC.

Pub. L. 98–369, § 67(b)(2)Subsec. (a)(6). , inserted reference to chapter 46.

Pub. L. 98–211983—Subsec. (a). inserted at end “Paragraph (1) shall not apply to any taxes to the extent such taxes are allowable as a deduction under section 164(f).”

Pub. L. 98–67Pub. L. 97–248Subsec. (a)(1). repealed amendments made by . See 1982 Amendment note below.

Pub. L. 97–248June 30, 1983Pub. L. 98–67, title IAug. 5, 198397 Stat. 369Pub. L. 97–248June 30, 19831982—Subsec. (a)(1). provided that, applicable to payments of interest, dividends, and patronage dividends paid or credited after , par. (1) is amended by striking out “and” at end of subpar. (B), by substituting “; and” for the period at end of subpar. (C), and by inserting subpar. (D) relating to the tax withheld at source on interest, dividends, and patronage dividends under section 3451. Section 102(a), (b) of , , , repealed subtitle A (§§ 301–308) of title III of as of the close of , and provided that the Internal Revenue Code of 1954 [now 1986] [this title] shall be applied and administered (subject to certain exceptions) as if such subtitle A (and the amendments made by such subtitle A) had not been enacted.

Pub. L. 94–455, § 1901(a)(39)1976—Subsec. (a)(1)(C). , struck out “, and corresponding provisions of prior revenue laws” after “under section 3402”.

Pub. L. 94–455Subsec. (a)(6). , §§ 1307(d)(2)(A), 1605(b)(1), inserted reference to chapters 41 and 44.

Pub. L. 93–4061974—Subsec. (a)(6). added par. (6).

Statutory Notes and Related Subsidiaries

Effective Date of 2022 Amendment

section 10201(b) of Pub. L. 117–169section 4501(c) of this titleDec. 31, 2022section 10201(d) of Pub. L. 117–169section 4501 of this titleAmendment by applicable to repurchases (within the meaning of ) of stock after , see , set out as an Effective Date note under .

section 11003(b) of Pub. L. 117–169Aug. 16, 2022section 11003(d) of Pub. L. 117–169section 5000D of this titleAmendment by applicable to sales after , see , set out as an Effective Date note under .

Effective Date of 2014 Amendment

Pub. L. 113–295Dec. 19, 2014section 221(b) of Pub. L. 113–295section 1 of this titleAmendment by effective , subject to a savings provision, see , set out as a note under .

Effective Date of 2004 Amendment

section 101(b)(5) of Pub. L. 108–357Dec. 31, 2004section 101(c) of Pub. L. 108–357section 56 of this titleAmendment by applicable to transactions after , see , set out as a note under .

section 802(b)(1) of Pub. L. 108–357Mar. 4, 2003section 802(d) of Pub. L. 108–357section 4985 of this titleAmendment by effective , see , set out as an Effective Date note under .

Effective Date of 2000 Amendment

Pub. L. 106–519Sept. 30, 2000section 5 of Pub. L. 106–519section 56 of this titleAmendment by applicable to transactions after , with special rules relating to existing foreign sales corporations, see , set out as a note under .

Effective Date of 1987 Amendment

Pub. L. 100–203Dec. 22, 1987Dec. 15, 1987section 10228(d) of Pub. L. 100–203section 5881 of this titleAmendment by applicable to consideration received after , in taxable years ending after such date, except not applicable in the case of any acquisition pursuant to a written binding contract in effect on , and at all times thereafter before the acquisition, see , set out as an Effective Date note under .

Effective Date of 1986 Amendment

Pub. L. 99–499Dec. 31, 1986section 516(c) of Pub. L. 99–499section 26 of this titleAmendment by applicable to taxable years beginning after , see , set out as a note under .

Effective Date of 1984 Amendment

section 67(b)(2) of Pub. L. 98–369June 14, 1984June 15, 1984June 14, 1984June 14, 1984section 67(e) of Pub. L. 98–369section 280G of this titleAmendment by applicable to payments under agreements entered into or renewed after , in taxable years ending after such date, with contracts entered into before , which are amended after , in any significant relevant aspect to be treated as a contract entered into after , see , set out as an Effective Date note under .

section 801(d)(5) of Pub. L. 98–369Dec. 31, 1984section 805(a)(1) of Pub. L. 98–369section 245 of this titleAmendment by applicable to transactions after , in taxable years ending after such date, see , as amended, set out as a note under .

Effective Date of 1983 Amendment

Pub. L. 98–21Dec. 31, 1989section 124(d)(2) of Pub. L. 98–21section 1401 of this titleAmendment by applicable to taxable years beginning after , see , set out as a note under .

Effective Date of 1976 Amendment

section 1307(d)(2)(A) of Pub. L. 94–455section 1307(e) of Pub. L. 94–455section 501 of this titleFor effective date of amendment by , see , set out as a note under .

section 1605(b)(1) of Pub. L. 94–455section 1608(d) of Pub. L. 94–455section 856 of this titleFor effective date of amendment by , see , set out as a note under .

section 1901(a)(39) of Pub. L. 94–455Dec. 31, 1976section 1901(d) of Pub. L. 94–455section 2 of this titleAmendment by effective for taxable years beginning after , see , set out as a note under .

Effective Date of 1974 Amendment

Pub. L. 93–406Pub. L. 93–406Sept. 2, 1974Jan. 1, 1974Pub. L. 93–406Dec. 31, 1975section 1017 of Pub. L. 93–406section 410 of this titleAmendment by applicable, except as otherwise provided in section 1017(c) through (i) of , for plan years beginning after , but, in the case of plans in existence on , amendment by applicable for plan years beginning after , see , set out as a note under .

Effective Date

Dec. 31, 1963section 207(c) of Pub. L. 88–272section 164 of this titleSection applicable to taxable years beginning after , see , set out as an Effective Date of 1964 Amendment note under .