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2020 US Code
Title 26 - Internal Revenue Code
Subtitle A - Income Taxes
Chapter 1 - Normal Taxes and Surtaxes
Subchapter F - Exempt Organizations
Part V - Shipowners' Protection and Indemnity Associations
Sec. 526 - Shipowners' protection and indemnity associations
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| 26 U.S.C. § 526 (2020) |
| ยง526. Shipowners' protection and indemnity associations |
|
There shall not be included in gross income the receipts of shipowners' mutual protection and indemnity associations not organized for profit, and no part of the net earnings of which inures to the benefit of any private shareholder; but such corporations shall be subject as other persons to the tax on their taxable income from interest, dividends, and rents. |
|
(Aug. 16, 1954, ch. 736, 68A Stat. 178.) |
| United States Code, 2018 Edition, Supplement 2, Title 26 - INTERNAL REVENUE CODE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 26 - INTERNAL REVENUE CODE Subtitle A - Income Taxes CHAPTER 1 - NORMAL TAXES AND SURTAXES Subchapter F - Exempt Organizations PART V - SHIPOWNERS' PROTECTION AND INDEMNITY ASSOCIATIONS Sec. 526 - Shipowners' protection and indemnity associations |
| section 526 |
| 2020 |
| January 13, 2021 |
| No |
| standard |
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