Title 26 — Internal Revenue Code
Part III · Chapter 1 — Normal Taxes and Surtaxes
§ 903. Credit for taxes in lieu of income, etc., taxes
Statutory text
For purposes of this part and of sections 164(a) and 275(a), the term “income, war profits, and excess profits taxes” shall include a tax paid in lieu of a tax on income, war profits, or excess profits otherwise generally imposed by any foreign country or by any possession 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. 287 · 68A Stat. 287
Enacted · 26 U.S.C. § 903
Aug. 16, 1954, ch. 736, 68A Stat. 287
Source evidence
Code source credit
Aug. 16, 1954, ch. 736, 68A Stat. 287Revenue Act of 1964
Pub. L. 88–272 title II § 207(b)(8) · 78 Stat. 19
Substituted · 26 U.S.C. § 903
Pub. L. 88–272 substituted “sections 164(a) and 275(a)” for “section 164(b)”
Source evidence
Code amendment note
Pub. L. 88–272 substituted “sections 164(a) and 275(a)” for “section 164(b)”.Enacted provision · exact public law section
(8) Section 903 (relating to credit, for taxes imposed by a foreign country in lieu of income, etc., taxes) is amended by striking out “section 164(b)” and inserting in lieu thereof “sections 164(a) and 275(a)”.Technical and Miscellaneous Revenue Act of 1988
Pub. L. 100–647 title I § 1012(v)(9) · 102 Stat. 3342
Substituted · 26 U.S.C. § 903
Pub. L. 100–647 substituted “this part” for “this subpart”
Source evidence
Code amendment note
Pub. L. 100–647 substituted “this part” for “this subpart”.Enacted provision · exact public law section
(9) Section 903 of the 1986 Code is amended by striking out “this subpart” and inserting in lieu thereof “this part”.Pub. L. 106–519 § 4(4) · 114 Stat. 2423
Substituted · 26 U.S.C. § 903
Pub. L. 106–519 substituted “114, 164(a),” for “164(a)”
Source evidence
Code amendment note
Pub. L. 106–519 substituted “114, 164(a),” for “164(a)”.Enacted provision · exact public law section
(4) Section 903 is amended by striking “164(a)” and 26 USC 903. inserting “114, 164(a),”.Pub. L. 108–357 title I § 101(b)(7) · 118 Stat. 1418
Substituted · 26 U.S.C. § 903
Pub. L. 108–357 substituted “164(a)” for “114, 164(a),”
Source evidence
Code amendment note
Pub. L. 108–357 substituted “164(a)” for “114, 164(a),”.Enacted provision · exact public law section
(7) Section 903 is amended by striking “114, 164(a),” and inserting “164(a)”.Effective date note
Amendment by Pub. L. 108–357 applicable to transactions after Dec. 31, 2004, see section 101(c) of Pub. L. 108–357, set out as a note under section 56 of this title.
4 of 5 references resolved to an enrolled provision · 1 partial
Editorial Notes
Amendments1964–2004 · 4 rounds
2004
Pub. L. 108–357 substituted “164(a)” for “114, 164(a),”.
2000
Pub. L. 106–519 substituted “114, 164(a),” for “164(a)”.
1988
Pub. L. 100–647 substituted “this part” for “this subpart”.
1964
Pub. L. 88–272 substituted “sections 164(a) and 275(a)” for “section 164(b)”.
Statutory Notes and Related Subsidiaries
Effective Date of 2004 Amendment
Amendment by Pub. L. 108–357 applicable to transactions after , see section 101(c) of Pub. L. 108–357, set out as a note under section 56 of this title.
Effective Date of 2000 Amendment
Amendment by Pub. L. 106–519 applicable to transactions after , with special rules relating to existing foreign sales corporations, see section 5 of Pub. L. 106–519, set out as a note under section 56 of this title.
Effective Date of 1988 Amendment
Amendment by Pub. L. 100–647 effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, Pub. L. 99–514, to which such amendment relates, see section 1019(a) of Pub. L. 100–647, set out as a note under section 1 of this title.
Effective Date of 1964 Amendment
Amendment by Pub. L. 88–272 applicable to taxable years beginning after , see section 207(c) of Pub. L. 88–272, set out as a note under section 164 of this title.
Credits
1954–2004 · 5 acts
- 1954Aug. 16, 1954, ch. 736, 68A Stat. 287
- 1964Pub. L. 88–272, title II, § 207(b)(8), , 78 Stat. 42
- 1988Pub. L. 100–647, title I, § 1012(v)(9), , 102 Stat. 3530
- 2000Pub. L. 106–519, § 4(4), , 114 Stat. 2433
- 2004Pub. L. 108–357, title I, § 101(b)(7), , 118 Stat. 1423.
Show as published
(Aug. 16, 1954, ch. 736, 68A Stat. 287; Pub. L. 88–272, title II, § 207(b)(8), , 78 Stat. 42; Pub. L. 100–647, title I, § 1012(v)(9), , 102 Stat. 3530; Pub. L. 106–519, § 4(4), , 114 Stat. 2433; Pub. L. 108–357, title I, § 101(b)(7), , 118 Stat. 1423.)