§ 1381. Organizations to which part applies
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/usc/title-26/section-1381A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general This part shall apply to—
(1)any organization exempt from tax under section 521 (relating to exemption of farmers’ cooperatives from tax), and
(2)any corporation operating on a cooperative basis other than an organization—
(A)which is exempt from tax under this chapter,
(B)which is subject to the provisions of—
(i)part II of subchapter H (relating to mutual savings banks, etc.), or
(ii)subchapter L (relating to insurance companies), or
(C)which is engaged in furnishing electric energy, or providing telephone service, to persons in rural areas.
(b)Tax on certain farmers’ cooperatives An organization described in subsection (a)(1) shall be subject to the tax imposed by section 11.
(c)Cross reference For treatment of income from load loss transactions of organizations described in subsection (a)(2)(C), see section 501(c)(12)(H).
(Added Pub. L. 87–834, § 17(a), Oct. 16, 1962, 76 Stat. 1045; amended Pub. L. 108–357, title III, § 319(d), Oct. 22, 2004, 118 Stat. 1472; Pub. L. 115–97, title I, § 13001(b)(2)(O), Dec. 22, 2017, 131 Stat. 2097.)
Connections26 cite this · traces to 4
Cited by 26 sections · top 16
U.S. Code
- § 521Exemption of farmers’ cooperatives from tax
- § 1388Definitions; special rules
- § 6072Time for filing income tax returns
- § 1382Taxable income of cooperatives
- § 522Repealed. Pub. L. 87–834, § 17(b)(2), Oct. 16, 1962, 76 Stat. 1051]
- § 3019Taxation by State, county, etc., taxing authority; Federal tax status
- § 1383Computation of tax where cooperative redeems nonqualified written notices of allocation or nonqualified per-unit retain certificates
- § 1385Amounts includible in patron’s gross income
statutes-at-large
- Public Law 99–272To provide for reconciliation pursuant to section 2 of the first concurrent resolution on the budget for fiscal year 1986 (S
- Public Law 97–35To provide for reconciliation pursuant to section 301 of the first concurrent resolution on the budget for the fiscal year 1982
- Public Law 97–34To amend the Internal Revenue Code of 1954 to encourage economic growth through reduction of the tax rates for individual taxpayers, acceleration of capital cost recovery of investment in plant, equipment, and real property, and incentives for savings, and for other purposes
- Public Law 95–600To amend the Internal Revenue Code of 1954 to reduce income taxes, and for other purposes
- Public Law 95–345To amend the Internal Revenue Code of 1954 with respect to the treatment of mutual or cooperative telephone company income from nonmember telephone companies, and for other purposes
- Public Law 97–248To provide for tax equity and fiscal responsibility, and for other purposes
Traces to 4 documents
public-private-law
11 references not yet in our index
- Pub. L. 87–834, § 17(a)
- 76 Stat. 1045
- Pub. L. 108–357, title III, § 319(d)
- 118 Stat. 1472
- 131 Stat. 2097
- Pub. L. 108–357
- section 319(e) of Pub. L. 108–357
- Pub. L. 87–834, § 17(c)
- 76 Stat. 1051
- Pub. L. 99–514, § 2
- 100 Stat. 2095
Citation graph
cites case law
§ 1381
Organizations to which part applies
U.S.C.×18
Stat.×6
Fed. Reg.×2
Pub. L.Pub. L. 87–834, § 17(a)
Stat.76 Stat. 1045
Pub. L.Pub. L. 108–357, title III, § 319(d)
Stat.118 Stat. 1472
Stat.131 Stat. 2097
Cites 15 · showing 9Cited by 26 across 3 sources