§ 1287. Denial of capital gain treatment for gains on certain obligations not in registered form
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/usc/title-26/section-1287A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general If any registration-required obligation is not in registered form, any gain on the sale or other disposition of such obligation shall be treated as ordinary income (unless the issuance of such obligation was subject to tax under section 4701).
(b)Definitions For purposes of subsection (a)—
(1)Registration-required obligation The term “registration-required obligation” has the meaning given to such term by section 163(f)(2).
(2)Registered form The term “registered form” has the same meaning as when used in section 163(f).
(Added Pub. L. 98–369, div. A, title I, § 41(a), July 18, 1984, 98 Stat. 552; amended Pub. L. 111–147, title V, § 502(a)(2)(D), Mar. 18, 2010, 124 Stat. 107.)
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- Pub. L. 98–369, div. A, title I, § 41(a)
- 98 Stat. 552
- Pub. L. 111–147, title V, § 502(a)(2)(D)
- 124 Stat. 107
- Pub. L. 111–147
- section 502(f) of Pub. L. 111–147
- section 44 of Pub. L. 98–369
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§ 1287
Denial of capital gain treatment for gains on certain obligations not in registered form
Stat.×1
Pub. L.Pub. L. 98–369, div. A, title I, § 41(a)
Stat.98 Stat. 552
Pub. L.Pub. L. 111–147, title V, § 502(a)(2)(D)
Stat.124 Stat. 107
Pub. L.Pub. L. 111–147
Cites 9 · showing 7Cited by 1 across 1 source