There shall be allowed as a credit against the tax imposed by this subtitle the amount of tax withheld at source under subchapter A of chapter 3 (relating to withholding of tax on nonresident aliens and on foreign corporations).
Aug. 16, 1954, ch. 73668A Stat. 13Pub. L. 98–369, div. A, title IV98 Stat. 826(, , § 32; renumbered § 33 and amended , §§ 471(c), 474(j), , , 832.)
Editorial Notes
Prior Provisions
section 27 of this titleA prior section 33 was renumbered .
Amendments
Pub. L. 98–369, § 471(c)section 32 of this title1984—, renumbered as this section.
Pub. L. 98–369, § 474(j), amended section generally, striking out “and on tax-free covenant bonds” after “foreign corporations” in section catchline, and, in text, substituting “as a credit against the tax imposed by this subtitle” for “as credits against the tax imposed by this chapter”, and striking out designation “(1)” before “the amount of tax withheld”, and “, and (2) the amount of tax withheld at source under subchapter B of chapter 3 (relating to interest on tax-free covenant bonds)” after “on foreign corporations)”.
Statutory Notes and Related Subsidiaries
Effective Date of 1984 Amendment
Pub. L. 98–369, div. A, title IV, § 475(b)98 Stat. 847