Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section862&num=0&edition=prelim
Timestamp: 2020-01-24 21:13:35
Document Index: 615133414

Matched Legal Cases: ['§ 862', '§862', '§314', '§1036', '§1901', '§102', '§831', '§104', '§1211', '§1012', '§7811', '§2122', '§1211', '§104', '§1901', '§1036']

[USC02] 26 USC 862: Income from sources without the United States
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26 USC 862: Income from sources without the United States Text contains those laws in effect on January 23, 2020
§862. Income from sources without the United States
(a) Gross income from sources without United States
The following items of gross income shall be treated as income from sources without the United States:
(4) rentals or royalties from property located without the United States or from any interest in such property, including rentals or royalties for the use of or for the privilege of using without the United States patents, copyrights, secret processes and formulas, good will, trade-marks, trade brands, franchises, and other like properties;
(5) gains, profits, and income from the sale or exchange of real property located without the United States;
(6) gains, profits, and income derived from the purchase of inventory property (within the meaning of section 865(i)(1)) within the United States and its sale or exchange without the United States;
(7) underwriting income other than that derived from sources within the United States as provided in section 861(a)(7);
(8) gains, profits, and income from the disposition of a United States real property interest (as defined in section 897(c)) when the real property is located in the Virgin Islands; and
(9) amounts received, directly or indirectly, from a foreign person for the provision of a guarantee of indebtedness of such person other than amounts which are derived from sources within the United States as provided in section 861(a)(9).
(Aug. 16, 1954, ch. 736, 68A Stat. 276 ; Pub. L. 92–178, title III, §314(b), Dec. 10, 1971, 85 Stat. 528 ; Pub. L. 94–455, title X, §1036(b), title XIX, §1901(b)(26)(C), Oct. 4, 1976, 90 Stat. 1633 , 1798; Pub. L. 95–30, title I, §102(b)(10), May 23, 1977, 91 Stat. 138 ; Pub. L. 97–34, title VIII, §831(a)(2), Aug. 13, 1981, 95 Stat. 352 ; Pub. L. 99–514, title I, §104(b)(12), title XII, §1211(b)(1)(C), Oct. 22, 1986, 100 Stat. 2105 , 2536; Pub. L. 100–647, title I, §1012(e)(4), Nov. 10, 1988, 102 Stat. 3500 ; Pub. L. 101–239, title VII, §7811(i)(2), Dec. 19, 1989, 103 Stat. 2409 ; Pub. L. 111–240, title II, §2122(b), Sept. 27, 2010, 124 Stat. 2568 .)
2010-Subsec. (a)(9). Pub. L. 111–240 added par. (9).
1989-Subsec. (a)(6). Pub. L. 101–239 substituted "865(i)(1)" for "865(h)(1)".
1988-Subsec. (c). Pub. L. 100–647 repealed subsec. (c) which read as follows:
"(c) Cross reference.-For source of amounts attributable to certain aircraft and vessels, see section 861(e)."
1986-Subsec. (a)(6). Pub. L. 99–514, §1211(b)(1)(C), substituted "inventory property (within the meaning of section 865(h)(1))" for "personal property".
Subsec. (b). Pub. L. 99–514, §104(b)(12), substituted "the standard deduction" for "the zero bracket amount".
1981-Subsec. (a)(8). Pub. L. 97–34 added par. (8).
1976-Subsec. (a)(5), (6). Pub. L. 94–455, §1901(b)(26)(C), inserted "or exchange" after "sale".
Subsec. (a)(7). Pub. L. 94–455, §1036(b), added par. (7).
1971-Subsec. (c). Pub. L. 92–178 added subsec. (c).