Source: http://www.law.cornell.edu/uscode/text/26/872
Timestamp: 2013-12-13 03:51:20
Document Index: 381097843

Matched Legal Cases: ['§ 872', '§ 872', '§ 872', '§ 110', '§ 103', '§ 1212', '§ 1012', '§ 7811', '§ 320', '§ 419', '§ 1012', '§ 1012', '§ 1212', '§ 1212', '§ 1212', '§ 103', '§ 103', '§ 102', '§ 419']

26 USC § 872 - Gross income | Title 26 - Internal Revenue Code | U.S. Code | LII / Legal Information Institute
USC › Title 26 › Subtitle A › Chapter 1 › Subchapter N › Part II › Subpart A › § 872	prevnext
26 USC § 872 - Gross income
General rule In the case of a nonresident alien individual, except where the context clearly indicates otherwise, gross income includes only—
Exclusions The following items shall not be included in gross income of a nonresident alien individual, and shall be exempt from taxation under this subtitle:
Ships operated by certain nonresidents Gross income derived by an individual resident of a foreign country from the international operation of a ship or ships if such foreign country grants an equivalent exemption to individual residents of the United States.
Aircraft operated by certain nonresidents Gross income derived by an individual resident of a foreign country from the international operation of aircraft if such foreign country grants an equivalent exemption to individual residents of the United States.
Compensation of participants in certain exchange or training programs Compensation paid by a foreign employer to a nonresident alien individual for the period he is temporarily present in the United States as a nonimmigrant under subparagraph (F), (J), or (Q) of section 101(a)(15) of the Immigration and Nationality Act, as amended. For purposes of this paragraph, the term “foreign employer” means—
Certain bond income of residents of the Ryukyu Islands or the Trust Territory of the Pacific Islands Income derived by a nonresident alien individual from a series E or series H United States savings bond, if such individual acquired such bond while a resident of the Ryukyu Islands or the Trust Territory of the Pacific Islands.
Income derived from wagering transactions in certain parimutuel pools Gross income derived by a nonresident alien individual from a legal wagering transaction initiated outside the United States in a parimutuel pool with respect to a live horse race or dog race in the United States.
Certain rental income Income to which paragraphs (1) and (2) apply shall include income which is derived from the rental on a full or bareboat basis of a ship or ships or aircraft, as the case may be.
Application to different types of transportation The Secretary may provide that this subsection be applied separately with respect to income from different types of transportation.
Treatment of possessions To the extent provided in regulations, a possession of the United States shall be treated as a foreign country for purposes of this subsection.
(Aug. 16, 1954, ch. 736, 68A Stat. 280; Pub. L. 87–256, § 110(c),Sept. 21, 1961, 75 Stat. 536; Pub. L. 89–809, title I, § 103(b),Nov. 13, 1966, 80 Stat. 1550; Pub. L. 99–514, title XII, § 1212(c)(1), (2),Oct. 22, 1986, 100 Stat. 2538; Pub. L. 100–647, title I, § 1012(e)(2)(B), (5), (s)(2)(A),Nov. 10, 1988, 102 Stat. 3500, 3527; Pub. L. 101–239, title VII, § 7811(i)(8)(C),Dec. 19, 1989, 103 Stat. 2411; Pub. L. 103–296, title III, § 320(a)(2),Aug. 15, 1994, 108 Stat. 1535; Pub. L. 108–357, title IV, § 419(a),Oct. 22, 2004, 118 Stat. 1513.)
Section 101 of the Immigration and Nationality Act, referred to in subsec. (b)(3), is classified to section 1101 of Title 8, Aliens and Nationality.
2004—Subsec. (b)(5) to (8). Pub. L. 108–357added par. (5) and redesignated former pars. (5) to (7) as (6) to (8), respectively.
1994—Subsec. (b)(3). Pub. L. 103–296substituted “(F), (J), or (Q)” for “(F) or (J)”.
1989—Subsec. (b)(7). Pub. L. 101–239added par. (7).
1988—Subsec. (a). Pub. L. 100–647, § 1012(s)(2)(A), inserted “, except where the context clearly indicates otherwise” after “individual”.
Subsec. (b)(1), (2). Pub. L. 100–647, § 1012(e)(2)(B), (5), substituted “to individual residents of the United States” for “to citizens of the United States and to corporations organized in the United States” and “international operation” for “operation”.
1986—Subsec. (b)(1). Pub. L. 99–514, § 1212(c)(1), added par. (1) and struck out former par. (1), ships under foreign flag, which read as follows: “Earnings derived from the operation of a ship or ships documented under the laws of a foreign country which grants an equivalent exemption to citizens of the United States and to corporations organized in the United States.”
Subsec. (b)(2). Pub. L. 99–514, § 1212(c)(1), added par. (2) and struck out former par. (2), aircraft of foreign registry, which read as follows: “Earnings derived from the operation of aircraft registered under the laws of a foreign country which grants an equivalent exemption to citizens of the United States and to corporations organized in the United States.”
Subsec. (b)(5), (6). Pub. L. 99–514, § 1212(c)(2), added pars. (5) and (6).
1966—Subsec. (a). Pub. L. 89–809, § 103(b)(1), limited the inclusion of gross income which is derived from sources within the United States to such income which is not effectively connected with the conduct of a trade or business within the United States and inserted provision including gross income without the limitation as to source which is effectively connected with the conduct of a trade or business within the United States.
Subsec. (b)(3)(B). Pub. L. 89–809, § 103(b)(2), substituted “by a domestic corporation, a domestic partnership, or an individual who is a citizen or resident of the United States” for “by a domestic corporation”.
Subsec. (b)(4). Pub. L. 89–809, § 102(b)(3), added par. (4).
1961—Subsec. (b)(3). Pub. L. 87–256added par. (3).
Pub. L. 108–357, title IV, § 419(c),Oct. 22, 2004, 118 Stat. 1513, provided that: “The amendments made by this section [amending this section and section 883 of this title] shall apply to wagers made after the date of the enactment of this Act [Oct. 22, 2004].”
Amendment by Pub. L. 99–514applicable to taxable years beginning after Dec. 31, 1986, see section 1212(f) ofPub. L. 99–514, set out as a note under section 863 of this title.
For nonapplication of amendment by section 1212(c)(1), (2) ofPub. L. 99–514to the extent application of such amendment would be contrary to any treaty obligation of the United States in effect on Oct. 22, 1986, with provision that for such purposes any amendment by title I of Pub. L. 100–647be treated as if it had been included in the provision of Pub. L. 99–514to which such amendment relates, see section 1012(aa)(3), (4) ofPub. L. 100–647, set out as a note under section 861 of this title.