Pub. L. 106–519, § 3(b)114 Stat. 2424Section 941, added , , , related to qualifying foreign trade income.
Aug. 16, 1954, ch. 73668A Stat. 293Pub. L. 94–455, title X, § 1053(a)90 Stat. 1648Pub. L. 94–455, title X, § 1053(c)90 Stat. 1649A prior section 941, acts , ; , , title XIX, § 1906(b)(1)(A), , 1834, set forth provisions authorizing special deduction for China Trade Act corporations, prior to repeal by , (e), , , effective with respect to taxable years beginning after .
Pub. L. 106–519, § 3(b)114 Stat. 2426Section 942, added , , , defined “foreign trading gross receipts” and set forth economic process requirements.
act Aug. 16, 1954, ch. 73668A Stat. 294Pub. L. 94–455, title X, § 1053(c)90 Stat. 1649A prior section 942, , , disallowed foreign tax credit authorized by section 901 to any corporation organized under the China Trade Act, prior to repeal by , (e), , , effective with respect to taxable years beginning after .
Pub. L. 106–519, § 3(b)114 Stat. 2428Pub. L. 107–147, title IV, § 417(14)116 Stat. 56Section 943, added , , ; amended , , , set forth other definitions and special rules for purposes of this subpart.
Aug. 16, 1954, ch. 73668A Stat. 294Pub. L. 94–455, title X, § 1053(b)90 Stat. 1648Pub. L. 94–455, title X, § 1053(c)90 Stat. 1649A prior section 943, acts , ; , , , set forth provisions relating to exclusion from gross income of residents of Formosa or Hong Kong of amounts distributed as dividends by China Trade Act corporations, prior to repeal by , (e), , , effective with respect to taxable years beginning after .
Statutory Notes and Related Subsidiaries
Effective Date of Repeal
section 101(c) of Pub. L. 108–357section 56 of this titleRepeal applicable to transactions after , see , set out as an Effective Date of 2004 Amendments note under .