26Title 26The US tax code, read & explained

26 U.S.C. § 275

§ 275. Certain taxes

194 words · amended 14 times · cited by 7 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Added in 1964 by the Public Law 88-272. Last changed August 16, 2022 by the Inflation Reduction Act of 2022.

Every change, newest first (15)
  1. August 16, 2022Inflation Reduction Act of 2022
  2. December 19, 2014Tax Increase Prevention Act of 2014
  3. December 29, 2007Public Law 110-172
  4. October 22, 2004American Jobs Creation Act of 2004
  5. November 15, 2000Public Law 106-519
  6. December 22, 1987Omnibus Budget Reconciliation Act of 1987
  7. October 17, 1986Public Law 99-499
  8. July 18, 1984Deficit Reduction Act of 1984
  9. August 5, 1983Public Law 98-67
  10. April 20, 1983Public Law 98-21
  11. September 3, 1982Tax Equity and Fiscal Responsibility Act of 1982
  12. November 6, 1978Revenue Act of 1978
  13. October 4, 1976Tax Reform Act of 1976
  14. September 2, 1974Public Law 93-406
  15. February 26, 1964Public Law 88-272 · added this section

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Structure

  1. (a) General rule
  2. (b) Cross reference
(a) General rule

No deduction shall be allowed for the following taxes:

(1)

Federal income taxes, including—

(A)

the tax imposed by section 3101 (relating to the tax on employees under the Federal Insurance Contributions Act);

(B)

the taxes imposed by sections 3201 and 3211 (relating to the taxes on railroad employees and railroad employee representatives); and

(C)

the tax withheld at source on wages under section 3402.

(2)

Federal war profits and excess profits taxes.

(3)

Estate, inheritance, legacy, succession, and gift taxes.

(4)

Income, war profits, and excess profits taxes imposed by the authority of any foreign country or possession of the United States if the taxpayer chooses to take to any extent the benefits of section 901.

(5)

Taxes on real property, to the extent that section 164(d) requires such taxes to be treated as imposed on another taxpayer.

(6)

Taxes imposed by chapters 37, 41, 42, 43, 44, 45, 46, 50A, and 54.

Paragraph (1) shall not apply to any taxes to the extent such taxes are allowable as a deduction under section 164(f).

(b) Cross reference

For disallowance of certain other taxes, see section 164(c).