Title 26 — Internal Revenue Code
Chapter 35 — Taxes on Wagering
§ 4404. Territorial extent
Statutory text
The tax imposed by this subchapter shall apply only to wagers
accepted in the United States, or
placed by a person who is in the United States
with a person who is a citizen or resident of the United States, or
in a wagering pool or lottery conducted by a person who is a citizen or resident of the United States.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
(Aug. 16, 1954, ch. 736, 68A Stat. 525.) · 68A Stat. 525
Enacted · 26 U.S.C. § 4404
(Aug. 16, 1954, ch. 736, 68A Stat. 525.)
Source evidence
Code source credit
(Aug. 16, 1954, ch. 736, 68A Stat. 525.)
0 of 1 references resolved to an enrolled provision · 1 partial
Credits
(Aug. 16, 1954, ch. 736, 68A Stat. 525.)