26-U.S.C.-875
§875 – Partnerships; Beneficiaries of Estates and Trusts
Pathway
Title 26 > Subtitle A > Chapter 1 > Subchapter N > Part II > Subpart A > Section 875
Details
- Reference: Section 875
- Legend: §875 – Partnerships; Beneficiaries of Estates and Trusts
- USCode Year: 2013
Provision Content
For purposes of this subtitle—
(1) a nonresident alien individual or foreign corporation shall be considered as being engaged in a trade or business within the United States if the partnership of which such individual or corporation is a member is so engaged, and
(2) a nonresident alien individual or foreign corporation which is a beneficiary of an estate or trust which is engaged in any trade or business within the United States shall be treated as being engaged in such trade or business within the United States.
(Aug. 16, 1954, ch. 736, 68A Stat. 281; Pub. L. 89–809, title I, §103(e)(1), Nov. 13, 1966, 80 Stat. 1551.)
Amendments
1966—Pub. L. 89–809 designated existing provisions as par. (1), substituted reference to nonresident alien individuals or foreign corporations for reference simply to nonresident alien individuals, and added par. (2).
Effective Date of 1966 Amendment
Amendment by Pub. L. 89–809 applicable with respect to taxable years beginning after Dec. 31, 1966, see section 103(n)(1) of Pub. L. 89–809, set out as a note under section 871 of this title.
U.S. Encyclopedia of Law Coverage
26-U.S.C.-875 in the Legal Encyclopedia: Income Taxes
In this entry about 26-U.S.C.-875, find legal reference material, bibliographies and premiere content related to income taxes in the American Encyclopedia of Law, presenting a comprehensive view of the United States income taxes-specific issues, written by authorities in the field.
26-U.S.C.-872 in the Legal Encyclopedia: Tax Liability
In this entry about 26-U.S.C.-872, find legal reference material, bibliographies and premiere content related to tax liability in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax liability-specific issues, written by authorities in the field.
26-U.S.C.-871 in the Legal Encyclopedia: Taxation
In this entry about 26-U.S.C.-871, find legal reference material, bibliographies and premiere content related to taxation in the American Encyclopedia of Law, presenting a comprehensive view of the United States taxation-specific issues, written by authorities in the field.
26-U.S.C.-873 in the Legal Encyclopedia: Liability
In this entry about 26-U.S.C.-873, find legal reference material, bibliographies and premiere content related to liability in the American Encyclopedia of Law, presenting a comprehensive view of the United States liability-specific issues, written by authorities in the field.
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