Source: https://irc.bloombergtax.com/public/uscode/doc/irc/section_7871
Timestamp: 2020-06-04 00:49:56
Document Index: 688457326

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Internal Revenue Code, § 7871. Indian Tribal Governments Treated As States For Certain Purposes
I.R.C. § 7871(a) General Rule —
An Indian tribal government shall be treated as a State--
I.R.C. § 7871(a)(1) —
for purposes of determining whether and in what amount any contribution or transfer to or for the use of such government (or a political subdivision thereof) is deductible under--
I.R.C. § 7871(a)(1)(A) —
I.R.C. § 7871(a)(1)(B) —
I.R.C. § 7871(a)(1)(C) —
I.R.C. § 7871(a)(2) —
subject to subsection (b), for purposes of any exemption from, credit or refund of, or payment with respect to, an excise tax imposed by--
I.R.C. § 7871(a)(2)(A) —
I.R.C. § 7871(a)(2)(B) —
I.R.C. § 7871(a)(2)(C) —
I.R.C. § 7871(a)(2)(D) —
I.R.C. § 7871(a)(3) —
I.R.C. § 7871(a)(4) —
I.R.C. § 7871(a)(5) —
I.R.C. § 7871(a)(6) —
I.R.C. § 7871(a)(6)(A) —
I.R.C. § 7871(a)(6)(B) —
I.R.C. § 7871(a)(6)(C) —
I.R.C. § 7871(a)(7) —
I.R.C. § 7871(a)(7)(A) —
I.R.C. § 7871(a)(7)(B) —
I.R.C. § 7871(b) Additional Requirements For Excise Tax Exemptions —
I.R.C. § 7871(c) Additional Requirements For Tax-Exempt Bonds
I.R.C. § 7871(c)(1) In General —
I.R.C. § 7871(c)(2) No Exemption For Private Activity Bonds —
I.R.C. § 7871(c)(3) Exception For Certain Private Activity Bonds
I.R.C. § 7871(c)(3)(A) In General —
In the case of an obligation to which this paragraph applies--
I.R.C. § 7871(c)(3)(A)(i) —
I.R.C. § 7871(c)(3)(A)(ii) —
I.R.C. § 7871(c)(3)(A)(iii) —
I.R.C. § 7871(c)(3)(B) Obligations To Which Paragraph Applies —
This paragraph shall apply to any obligation issued as part of an issue if--
I.R.C. § 7871(c)(3)(B)(i) —
I.R.C. § 7871(c)(3)(B)(ii) —
I.R.C. § 7871(c)(3)(B)(iii) —
95 percent or more of the net proceeds of the issue are to be used to finance property which--
I.R.C. § 7871(c)(3)(B)(iii)(I) —
I.R.C. § 7871(c)(3)(B)(iii)(II) —
I.R.C. § 7871(c)(3)(B)(iv) —
I.R.C. § 7871(c)(3)(B)(v) —
I.R.C. § 7871(c)(3)(B)(vi) —
I.R.C. § 7871(c)(3)(C) Private Activity Bond Rules To Apply —
I.R.C. § 7871(c)(3)(D) Employment Requirements
I.R.C. § 7871(c)(3)(D)(i) In General —
I.R.C. § 7871(c)(3)(D)(ii) Failure To Meet Requirements
I.R.C. § 7871(c)(3)(D)(ii)(I) In General —
I.R.C. § 7871(c)(3)(D)(ii)(II) Exception —
I.R.C. § 7871(c)(3)(D)(iii) Testing Period —
I.R.C. § 7871(c)(3)(E) Definitions —
I.R.C. § 7871(c)(3)(E)(i) Qualified Indian Lands —
I.R.C. § 7871(c)(3)(E)(ii) Indian Tribe —
I.R.C. § 7871(c)(3)(E)(iii) Net Proceeds —
I.R.C. § 7871(d) Treatment Of Subdivisions Of Indian Tribal Governments As Political Subdivisions —
I.R.C. § 7871(e) Essential Governmental Function —
I.R.C. § 7871(f) Tribal Economic Development Bonds
I.R.C. § 7871(f)(1) Allocation Of Limitation
I.R.C. § 7871(f)(1)(A) In General —
I.R.C. § 7871(f)(1)(B) National Limitation —
I.R.C. § 7871(f)(2) Bonds Treated As Exempt From Tax —
I.R.C. § 7871(f)(2)(A) —
notwithstanding subsection (c), such bond shall be treated for purposes of this title in the same manner as if such bond were issued by a State,
I.R.C. § 7871(f)(2)(B) —
the Indian tribal government issuing such bond and any instrumentality of such Indian tribal government shall be treated as a State for purposes of section 141, and
I.R.C. § 7871(f)(2)(C) —
I.R.C. § 7871(f)(3) Tribal Economic Development Bond
I.R.C. § 7871(f)(3)(A) In General —
I.R.C. § 7871(f)(3)(A)(i) —
the interest on which would be exempt from tax under section 103 if issued by a State or local government, and
I.R.C. § 7871(f)(3)(A)(ii) —
which is designated by the Indian tribal government as a tribal economic development bond for purposes of this subsection.
I.R.C. § 7871(f)(3)(B) Exceptions —
I.R.C. § 7871(f)(3)(B)(i) —
any portion of a building in which class II or class III gaming (as defined in section 4 of the Indian Gaming Regulatory Act) is conducted or housed or any other property actually used in the conduct of such gaming, or
I.R.C. § 7871(f)(3)(B)(ii) —
any facility located outside the Indian reservation (as defined in section 168(j)(6)).
I.R.C. § 7871(f)(3)(C) Limitation On Amount Of Bonds Designated —
(Added Pub. L. 97-473, title II, Sec. 202(a), Jan. 14, 1983, 96 Stat. 2608, and amended Pub. L. 98-21, title I, Sec. 122(c)(6), Apr. 20, 1983, 97 Stat. 87; Pub. L. 98-369, div. A, title IV, Sec. 474(r)(41), title X, Sec. 1065(b), July 18, 1984, 98 Stat. 847, 1048; Pub. L. 99-514, title I, Sec. 112(b)(4), 123(b)(3), title XIII, sec. 1301(j)(6), (7), title XVIII, Sec. 1878(i), 1899A(65), Oct. 22, 1986, 100 Stat. 2109, 2113, 2658, 2905, 2962; Pub. L. 100-203, title X, Sec. 10632(a), (b), Dec. 22, 1987, 101 Stat. 1330-455; Pub. L. 103-66, Sec. 13222(d), Aug. 10, 1993, 107 Stat. 312; Pub. L. 111-5, div. B, title I, Sec. 1402(a), Feb. 17, 2009, 123 Stat. 115; Pub. L. 115-141, Div. U, title IV, Sec. 401(a)(337), Mar. 23, 2018, 132 Stat. 348.)
2018 - Subsec. (c)(3)(D)(ii)(II). Pub. L. 115-141, Div. U, Sec. 401(a)(337), amended subclause (II) by substituting “calendar” for “calender”.
2009 - Subsec. (f). Pub. L. 111-5, Div. B, Sec. 1402(a), added subsec. (f).
1993 - Subsec. (a)(6). Pub. L. 103-66, Sec. 13222(d), amended par. (6) by striking subpar. (B) and redesignating subpar. (C)-(D) as subpar. (B)-(C), respectively. Before being struck, subpar. (B) read as follows:
“(B) section 162(e) (relating to appearances, etc., with respect to legislation).”
1987--Subsec. (c)(2). Pub. L. 100-203, 10632(b)(2), substituted “Except as provided in paragraph (3), subsection (a)” for “Subsection (a)”.
Subsec. (c)(3). Pub. L. 100-203, 10632(b)(1), added par. (3).
Subsec. (e). Pub. L. 100-203, 10632(a), added subsec. (e).
1986--Subsec. (a)(4). Pub. L. 99-514, 1301(j)(6), substituted “(relating to State and local bonds)” for “(relating to interest on certain governmental obligations)”.
Subsec. (a)(6). Pub. L. 99-514, 123(b)(3), redesignated subpars. (C) to (E), as previously redesignated by section 112(b)(4) of Pub. L. 99-514, as (B) to (D), respectively, and struck out previously redesignated subpar. (B), which read as follows: “section 117(b)(2)(A) (relating to scholarships and fellowship grants),”.
Pub. L. 99-514, 112(b)(4), redesignated subpars. (B) to (F) as (A) to (E), respectively, and struck out former subpar. (A) which read as follows: “section 24(c)(4) (defining State for purposes of credit for contribution to candidates for public offices),”.
Pub. L. 99-514, 1878(i), made technical amendment to directory language of Pub. L. 98-369, 1065(b). See 1984 Amendment note below.
Subsec. (a)(6)(D). Pub. L. 99-514, 1899A(65), substituted “;and” for period at end.
Subsec. (c)(2). Pub. L. 99-514, 1301(j)(7), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “Subsection (a) of section 103 shall not apply to any of the following issued by an Indian tribal government (or subdivision thereof):
1984--Subsec. (a)(6)(A). Pub. L. 98-369, 474(r)(41), substituted “section 24(c)(4)” for “section 41(c)(4)”.
Subsec. (a)(6)(B) to (F). Pub. L. 98-369, 1065(b), as amended by Pub. L. 99-514, 1878(i), added subpars. (B), (D), and (F), and redesignated former subpars. (B) and (C) as (C) and (E), respectively.
1983--Subsec. (a)(6). Pub. L. 98-21 redesignated subpars. (B) to (D) as (A) to (C), respectively, and struck out former subpar. (A), which referred to section 37(e)(9)(A) (relating to certain public retirement systems).
Amendment by Pub. L. 115-141, Div. U, Sec. 401(a)(337), effective March 23, 2018.
Amendment by Sec. 1402(a) of Pub. L. 111-5, Div. B, effective for obligations issued after the date of the enactment of this Act [Enacted: Feb. 17, 2009].
Section 13222(e) of Pub. L. 103-66 provided that: “The amendments made by this section shall apply to amounts paid or incurred after December 31, 1993.”
Section 10632(c) of Pub. L. 100-203 provided that: “The amendments made by this section [amending this section] shall apply to obligations issued after October 13, 1987.”
Amendment by section 112(b)(4) of Pub. L. 99-514 applicable to taxable years beginning after Dec. 31, 1986, see section 151(a) of Pub. L. 99-514, set out as a note under section 1 of this title.
Amendment by section 123(b)(3) of Pub. L. 99-514 applicable to taxable years beginning after Dec. 31, 1986, but only in the case of scholarships and fellowships granted after Aug. 16, 1986, see section 151(d) of Pub. L. 99-514, set out as a note under section 1 of this title.
Amendment by section 1301(j)(6), (7) of Pub. L. 99-514 applicable to bonds issued after Aug. 15, 1986, except as otherwise provided, see sections 1311 to 1318 of Pub. L. 99-514, set out as an Effective Date; Transitional Rules note under section 141 of this title.
Amendment by section 1878(i) of Pub. L. 99-514 effective, except as otherwise provided, as if included in the provisions of the Tax Reform Act of 1984, Pub. L. 98-369, div. A, to which such amendment relates, see section 1881 of Pub. L. 99-514, set out as a note under section 48 of this title.
Amendment by section 474(r)(41) of Pub. L. 98-369 applicable to taxable years beginning after Dec. 31, 1983, and to carrybacks from such years, see section 475(a) of Pub. L. 98-369, set out as a note under section 21 of this title.
Section 1065(c) of Pub. L. 98-369 provided that: “The amendment made by subsection (b) [amending this section] shall apply to taxable years beginning after December 31, 1984.”
Section 204 of title II of Pub. L. 97-473, as amended by Pub. L. 98-369, div. A, title X, 1065(a), July 18, 1984, 98 Stat. 1048; Pub. L. 99-514, 2, Oct. 22, 1986, 100 Stat. 2095, provided that: “The amendments made by this title [enacting this section, amending sections 41, 103, 164, 170, 2055, 2106, 2522, 4227, 4484, 6420, 6421, 6424, 6427, and 7701 of this title, and enacting provisions set out as a note under section 1 of this title]--
“(1) insofar as they relate to chapter 1 of the Internal Revenue Code of 1986 [formerly I.R.C. 1954 ] [26 U.S.C. 1 et seq.] (other than section 103 thereof), shall apply to taxable years beginning after December 31, 1982,
Section 1402(b) of Pub. L. 111-5, Div. B, provided that:
“(b) STUDY.—The Secretary of the Treasury, or the Secretary's delegate, shall conduct a study of the effects of the amendment made by subsection (a). Not later than 1 year after the date of the enactment of this Act, the Secretary of the Treasury, or the Secretary's delegate, shall report to Congress on the results of the study conducted under this paragraph, including the Secretary's recommendations regarding such amendment.”
For short title of title II of Pub. L. 97-473 as the “Indian Tribal Governmental Tax Status Act of 1982”, see Short Title of 1983 Amendments note set out under section 1 of this title.
For nonapplication of amendment by section 123(b)(3) of Pub. L. 99-514 to the extent application of such amendment would be contrary to any treaty obligation of the United States in effect on Oct. 22, 1986, see section 1012(aa)(3), (4) of Pub. L. 100-647, set out as a note under section 861 of this title.