2017 US Code
Title 26 - Internal Revenue Code
Subtitle D - Miscellaneous Excise Taxes
Chapter 34 - Taxes on Certain Insurance Policies
Subchapter A - Policies Issued by Foreign Insurers
Sec. 4373 - Exemptions
| 26 U.S.C. § 4373 (2017) |
| §4373. Exemptions |
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The tax imposed by section 4371 shall not apply to— (1) Effectively connected itemsAny amount which is effectively connected with the conduct of a trade or business within the United States unless such amount is exempt from the application of section 882(a) pursuant to a treaty obligation of the United States. Any indemnity bond required to be filed by any person to secure payment of any pension, allowance, allotment, relief, or insurance by the United States, or to secure a duplicate for, or the payment of, any bond, note, certificate of indebtedness, war-saving certificate, warrant or check, issued by the United States. |
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(Aug. 16, 1954, ch. 736, 68A Stat. 522; Pub. L. 85–859, title I, §141(a), Sept. 2, 1958, 72 Stat. 1301; Pub. L. 94–455, title XIX, §1904(a)(12), Oct. 4, 1976, 90 Stat. 1813; Pub. L. 100–647, title I, §1012(q)(13)(A), Nov. 10, 1988, 102 Stat. 3525.) |
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AMENDMENTS
1988—Par. (1). Pub. L. 100–647 amended par. (1) generally, substituting provisions relating to effectively connected items for provisions relating to domestic agent. 1976—Par. (1). Pub. L. 94–455 substituted "State, or in the District of Columbia, within" for "State, Territory, or District of the United States within". 1958—Pub. L. 85–859 reenacted section without change. EFFECTIVE DATE OF 1988 AMENDMENTPub. L. 100–647, title I, §1012(q)(13)(B), Nov. 10, 1988, 102 Stat. 3525, provided that: "The amendment made by subparagraph (A) [amending this section] shall apply with respect to premiums paid after the date 30 days after the date of the enactment of this Act [Nov. 10, 1988]." EFFECTIVE DATE OF 1976 AMENDMENTAmendment by Pub. L. 94–455 effective on first day of first month which begins more than 90 days after Oct. 4, 1976, see section 1904(d) of Pub. L. 94–455, set out as a note under section 4041 of this title. |
| United States Code, 2012 Edition, Supplement 5, Title 26 - INTERNAL REVENUE CODE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 26 - INTERNAL REVENUE CODE Subtitle D - Miscellaneous Excise Taxes CHAPTER 34 - TAXES ON CERTAIN INSURANCE POLICIES Subchapter A - Policies Issued By Foreign Insurers Sec. 4373 - Exemptions |
| section 4373 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 72 Stat. 1301 90 Stat. 1813 102 Stat. 3525 |
| Public Law 85-859, Public Law 94-455, Public Law 100-647 |
