26 U.S.C. § 991
§ 991. Taxation of a domestic international sales corporation
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1971 by the Public Law 92-178. Last changed July 22, 1998 by the IRS Restructuring and Reform Act of 1998.
Every change, newest first (2)
- July 22, 1998IRS Restructuring and Reform Act of 1998
- December 10, 1971Public Law 92-178 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
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.