home *** CD-ROM | disk | FTP | other *** search
/ Complete Home & Office Legal Guide / Complete Home and Office Legal Guide (Chestnut) (1993).ISO / stat / fed / 905-923.ws < prev    next >
Unknown  |  1993-08-28  |  53.4 KB

open in: MacOS 8.1     |     Win98     |     DOS

view JSON data     |     view as text


This file was not able to be converted.
This format is not currently supported by dexvert.

ConfidenceProgramDetectionMatch TypeSupport
100% file data default



hex view
+--------+-------------------------+-------------------------+--------+--------+
|00000000| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 39 30 35 |........|.....905|
|00000010| 2e 1d 0a 00 09 b4 00 8c | 0a 20 01 0a 00 1d 41 70 |........|. ....Ap|
|00000020| 70 6c 69 63 61 62 6c 65 | 20 72 75 6c 65 73 0d 0a |plicable| rules..|
|00000030| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|00000040| 09 84 03 8c 0a 20 05 0a | 00 1d 28 61 29 1d 0a 00 |..... ..|..(a)...|
|00000050| 09 68 01 10 0e 20 02 0a | 00 1d 59 65 61 72 20 69 |.h... ..|..Year i|
|00000060| 6e 20 77 68 69 63 68 20 | 63 72 65 64 69 74 20 74 |n which |credit t|
|00000070| 61 6b 65 6e 2e 20 2d 2d | 20 54 68 65 20 63 72 65 |aken. --| The cre|
|00000080| 64 69 74 73 20 70 72 6f | 76 69 64 65 64 20 69 6e |dits pro|vided in|
|00000090| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|000000a0| 74 68 69 73 20 73 75 62 | 70 61 72 74 20 6d 61 79 |this sub|part may|
|000000b0| 2c 20 61 74 20 74 68 65 | 20 6f 70 74 69 6f 6e 20 |, at the| option |
|000000c0| 6f 66 20 74 68 65 20 74 | 61 78 70 61 79 65 72 20 |of the t|axpayer |
|000000d0| 61 6e 64 20 69 72 72 65 | 73 70 65 63 74 69 76 65 |and irre|spective|
|000000e0| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|000000f0| 6f 66 20 74 68 65 20 6d | 65 74 68 6f 64 20 6f 66 |of the m|ethod of|
|00000100| 20 61 63 63 6f 75 6e 74 | 69 6e 67 20 65 6d 70 6c | account|ing empl|
|00000110| 6f 79 65 64 20 69 6e 20 | 6b 65 65 70 69 6e 67 20 |oyed in |keeping |
|00000120| 68 69 73 20 62 6f 6f 6b | 73 2c 20 62 65 20 8d 0a |his book|s, be ..|
|00000130| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 74 61 6b |........|.....tak|
|00000140| 65 6e 20 69 6e 20 74 68 | 65 20 79 65 61 72 20 69 |en in th|e year i|
|00000150| 6e 20 77 68 69 63 68 20 | 74 68 65 20 74 61 78 65 |n which |the taxe|
|00000160| 73 20 6f 66 20 74 68 65 | 20 66 6f 72 65 69 67 6e |s of the| foreign|
|00000170| 20 63 6f 75 6e 74 72 79 | 20 6f 72 20 8d 0a 1d 0a | country| or ....|
|00000180| 00 09 08 07 08 07 a0 0a | 0a 00 1d 74 68 65 20 70 |........|...the p|
|00000190| 6f 73 73 65 73 73 69 6f | 6e 20 6f 66 20 74 68 65 |ossessio|n of the|
|000001a0| 20 55 6e 69 74 65 64 20 | 53 74 61 74 65 73 20 61 | United |States a|
|000001b0| 63 63 72 75 65 64 2c 20 | 73 75 62 6a 65 63 74 2c |ccrued, |subject,|
|000001c0| 20 68 6f 77 65 76 65 72 | 2c 20 74 6f 20 8d 0a 1d | however|, to ...|
|000001d0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 74 68 65 20 |........|....the |
|000001e0| 63 6f 6e 64 69 74 69 6f | 6e 73 20 70 72 65 73 63 |conditio|ns presc|
|000001f0| 72 69 62 65 64 20 69 6e | 20 73 75 62 73 65 63 74 |ribed in| subsect|
|00000200| 69 6f 6e 20 28 63 29 2e | 20 20 49 66 20 74 68 65 |ion (c).| If the|
|00000210| 20 74 61 78 70 61 79 65 | 72 20 8d 0a 1d 0a 00 09 | taxpaye|r ......|
|00000220| 08 07 08 07 a0 0a 0a 00 | 1d 65 6c 65 63 74 73 20 |........|.elects |
|00000230| 74 6f 20 74 61 6b 65 20 | 73 75 63 68 20 63 72 65 |to take |such cre|
|00000240| 64 69 74 73 20 69 6e 20 | 74 68 65 20 79 65 61 72 |dits in |the year|
|00000250| 20 69 6e 20 77 68 69 63 | 68 20 74 68 65 20 74 61 | in whic|h the ta|
|00000260| 78 65 73 20 6f 66 20 74 | 68 65 20 8d 0a 1d 0a 00 |xes of t|he .....|
|00000270| 09 08 07 08 07 a0 0a 0a | 00 1d 66 6f 72 65 69 67 |........|..foreig|
|00000280| 6e 20 63 6f 75 6e 74 72 | 79 20 6f 72 20 74 68 65 |n countr|y or the|
|00000290| 20 70 6f 73 73 65 73 73 | 69 6f 6e 20 6f 66 20 74 | possess|ion of t|
|000002a0| 68 65 20 55 6e 69 74 65 | 64 20 53 74 61 74 65 73 |he Unite|d States|
|000002b0| 20 61 63 63 72 75 65 64 | 2c 20 8d 0a 1d 0a 00 09 | accrued|, ......|
|000002c0| 08 07 08 07 a0 0a 0a 00 | 1d 74 68 65 20 63 72 65 |........|.the cre|
|000002d0| 64 69 74 73 20 66 6f 72 | 20 61 6c 6c 20 73 75 62 |dits for| all sub|
|000002e0| 73 65 71 75 65 6e 74 20 | 79 65 61 72 73 20 73 68 |sequent |years sh|
|000002f0| 61 6c 6c 20 62 65 20 74 | 61 6b 65 6e 20 6f 6e 20 |all be t|aken on |
|00000300| 74 68 65 20 73 61 6d 65 | 20 8d 0a 1d 0a 00 09 08 |the same| .......|
|00000310| 07 08 07 a0 0a 0a 00 1d | 62 61 73 69 73 2c 20 61 |........|basis, a|
|00000320| 6e 64 20 6e 6f 20 70 6f | 72 74 69 6f 6e 20 6f 66 |nd no po|rtion of|
|00000330| 20 61 6e 79 20 73 75 63 | 68 20 74 61 78 65 73 20 | any suc|h taxes |
|00000340| 73 68 61 6c 6c 20 62 65 | 20 61 6c 6c 6f 77 65 64 |shall be| allowed|
|00000350| 20 61 73 20 61 20 8d 0a | 1d 0a 00 09 08 07 08 07 | as a ..|........|
|00000360| a0 0a 0a 00 1d 64 65 64 | 75 63 74 69 6f 6e 20 69 |.....ded|uction i|
|00000370| 6e 20 74 68 65 20 73 61 | 6d 65 20 6f 72 20 61 6e |n the sa|me or an|
|00000380| 79 20 73 75 63 63 65 65 | 64 69 6e 67 20 79 65 61 |y succee|ding yea|
|00000390| 72 2e 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |r.......|........|
|000003a0| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 62 |........|. ....(b|
|000003b0| 29 1d 0a 00 09 68 01 10 | 0e 20 02 0a 00 1d 50 72 |)....h..|. ....Pr|
|000003c0| 6f 6f 66 20 6f 66 20 63 | 72 65 64 69 74 73 2e 20 |oof of c|redits. |
|000003d0| 2d 2d 20 20 54 68 65 20 | 63 72 65 64 69 74 73 20 |-- The |credits |
|000003e0| 70 72 6f 76 69 64 65 64 | 20 69 6e 20 74 68 69 73 |provided| in this|
|000003f0| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00000400| 73 75 62 70 61 72 74 20 | 73 68 61 6c 6c 20 62 65 |subpart |shall be|
|00000410| 20 61 6c 6c 6f 77 65 64 | 20 6f 6e 6c 79 20 69 66 | allowed| only if|
|00000420| 20 74 68 65 20 74 61 78 | 70 61 79 65 72 20 65 73 | the tax|payer es|
|00000430| 74 61 62 6c 69 73 68 65 | 73 20 74 6f 20 74 68 65 |tablishe|s to the|
|00000440| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00000450| 73 61 74 69 66 73 61 63 | 74 69 6f 6e 20 6f 66 20 |satifsac|tion of |
|00000460| 74 68 65 20 53 65 63 72 | 65 74 61 72 79 20 2d 2d |the Secr|etary --|
|00000470| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|00000480| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 31 29 1d |....... |....(1).|
|00000490| 0a 00 09 68 01 10 0e 20 | 02 0a 00 1d 74 68 65 20 |...h... |....the |
|000004a0| 74 6f 74 61 6c 20 61 6d | 6f 75 6e 74 20 6f 66 20 |total am|ount of |
|000004b0| 69 6e 63 6f 6d 65 20 64 | 65 72 69 76 65 64 20 66 |income d|erived f|
|000004c0| 72 6f 6d 20 73 6f 75 72 | 63 65 73 20 77 69 74 68 |rom sour|ces with|
|000004d0| 6f 75 74 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |out ....|........|
|000004e0| 0a 00 1d 74 68 65 20 55 | 6e 69 74 65 64 20 73 74 |...the U|nited st|
|000004f0| 61 74 65 73 2c 20 64 65 | 74 65 72 6d 69 6e 65 64 |ates, de|termined|
|00000500| 20 61 73 20 70 72 6f 76 | 69 64 65 64 20 69 6e 20 | as prov|ided in |
|00000510| 70 61 72 74 20 49 2c 0d | 0a 1d 0a 00 09 08 07 08 |part I,.|........|
|00000520| 07 a0 0a 0a 00 1d 1d 0a | 00 09 84 03 8c 0a 20 05 |........|...... .|
|00000530| 0a 00 1d 28 32 29 1d 0a | 00 09 68 01 10 0e 20 02 |...(2)..|..h... .|
|00000540| 0a 00 1d 74 68 65 20 61 | 6d 6f 75 6e 74 20 6f 66 |...the a|mount of|
|00000550| 20 69 6e 63 6f 6d 65 20 | 64 65 72 69 76 65 64 20 | income |derived |
|00000560| 66 72 6f 6d 20 65 61 63 | 68 20 63 6f 75 6e 74 72 |from eac|h countr|
|00000570| 79 2c 20 74 68 65 20 74 | 61 78 20 8d 0a 1d 0a 00 |y, the t|ax .....|
|00000580| 09 08 07 08 07 a0 0a 0a | 00 1d 70 61 69 64 20 6f |........|..paid o|
|00000590| 72 20 61 63 63 72 75 65 | 64 20 74 6f 20 77 68 69 |r accrue|d to whi|
|000005a0| 63 68 20 69 73 20 63 6c | 61 69 6d 65 64 20 61 73 |ch is cl|aimed as|
|000005b0| 20 61 20 63 72 65 64 69 | 74 20 75 6e 64 65 72 20 | a credi|t under |
|000005c0| 74 68 69 73 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |this ...|........|
|000005d0| 0a 0a 00 1d 73 75 62 70 | 61 72 74 2c 20 73 75 63 |....subp|art, suc|
|000005e0| 68 20 61 6d 6f 75 6e 74 | 20 74 6f 20 62 65 20 64 |h amount| to be d|
|000005f0| 65 74 65 72 6d 69 6e 65 | 64 20 75 6e 64 65 72 20 |etermine|d under |
|00000600| 72 65 67 75 6c 61 74 69 | 6f 6e 73 20 8d 0a 1d 0a |regulati|ons ....|
|00000610| 00 09 08 07 08 07 a0 0a | 0a 00 1d 70 72 65 73 63 |........|...presc|
|00000620| 72 69 62 65 64 20 62 79 | 20 74 68 65 20 53 65 63 |ribed by| the Sec|
|00000630| 72 65 74 61 72 79 2c 20 | 61 6e 0d 0a 1d 0a 00 09 |retary, |an......|
|00000640| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00000650| 0a 20 05 0a 00 1d 28 33 | 29 1d 0a 00 09 68 01 10 |. ....(3|)....h..|
|00000660| 0e 20 02 0a 00 1d 61 6c | 6c 20 6f 74 68 65 72 20 |. ....al|l other |
|00000670| 69 6e 66 6f 72 6d 61 74 | 69 6f 6e 20 6e 65 63 65 |informat|ion nece|
|00000680| 73 73 61 72 79 20 66 6f | 72 20 74 68 65 20 76 65 |ssary fo|r the ve|
|00000690| 72 69 66 69 63 61 74 69 | 6f 6e 20 8d 0a 1d 0a 00 |rificati|on .....|
|000006a0| 09 08 07 08 07 a0 0a 0a | 00 1d 61 6e 64 20 63 6f |........|..and co|
|000006b0| 6d 70 75 74 61 74 69 6f | 6e 20 6f 66 20 73 75 63 |mputatio|n of suc|
|000006c0| 68 20 63 72 65 64 69 74 | 73 2e 0d 0a 1d 0a 00 09 |h credit|s.......|
|000006d0| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|000006e0| 0a 20 05 0a 00 1d 28 63 | 29 1d 0a 00 09 68 01 10 |. ....(c|)....h..|
|000006f0| 0e 20 02 0a 00 1d 41 64 | 6a 75 73 74 6d 65 6e 74 |. ....Ad|justment|
|00000700| 73 20 6f 6e 20 70 61 79 | 6d 65 6e 74 20 6f 66 20 |s on pay|ment of |
|00000710| 61 63 63 72 75 65 64 20 | 74 61 78 65 73 2e 20 2d |accrued |taxes. -|
|00000720| 2d 20 20 49 66 20 61 63 | 63 72 75 65 64 20 8d 0a |- If ac|crued ..|
|00000730| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 74 61 78 |........|.....tax|
|00000740| 65 73 20 77 68 65 6e 20 | 70 61 69 64 20 64 69 66 |es when |paid dif|
|00000750| 66 65 72 20 66 72 6f 6d | 20 74 68 65 20 61 6d 6f |fer from| the amo|
|00000760| 75 6e 74 73 20 63 6c 61 | 69 6d 65 64 20 61 73 20 |unts cla|imed as |
|00000770| 63 72 65 64 69 74 73 20 | 62 79 20 74 68 65 20 8d |credits |by the .|
|00000780| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 74 61 |........|......ta|
|00000790| 78 70 61 79 65 72 2c 20 | 6f 72 20 69 66 20 61 6e |xpayer, |or if an|
|000007a0| 79 20 74 61 78 20 70 61 | 69 64 20 69 73 20 72 65 |y tax pa|id is re|
|000007b0| 66 75 6e 64 65 64 20 69 | 6e 20 77 68 6f 6c 65 20 |funded i|n whole |
|000007c0| 6f 72 20 69 6e 20 70 61 | 72 74 2c 20 74 68 65 20 |or in pa|rt, the |
|000007d0| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 74 |........|.......t|
|000007e0| 61 78 70 61 79 65 72 20 | 73 68 61 6c 6c 20 6e 6f |axpayer |shall no|
|000007f0| 74 69 66 79 20 74 68 65 | 20 53 65 63 72 65 74 61 |tify the| Secreta|
|00000800| 72 79 2c 20 77 68 6f 20 | 73 68 61 6c 6c 20 72 65 |ry, who |shall re|
|00000810| 64 65 74 65 72 6d 69 6e | 65 20 74 68 65 20 1d 20 |determin|e the . |
|00000820| 00 0b f0 00 36 00 00 00 | a0 32 01 00 00 00 00 00 |....6...|.2......|
|00000830| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 20 00 |........|...... .|
|00000840| 1d 8d 8a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |........|........|
|00000850| 61 6d 6f 75 6e 74 20 6f | 66 20 74 68 65 20 74 61 |amount o|f the ta|
|00000860| 78 20 66 6f 72 20 74 68 | 65 20 79 61 72 20 6f 72 |x for th|e yar or|
|00000870| 20 79 65 61 72 73 20 61 | 66 66 65 63 74 65 64 2e | years a|ffected.|
|00000880| 20 20 54 68 65 20 61 6d | 6f 75 6e 74 20 6f 66 20 | The am|ount of |
|00000890| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 74 |........|.......t|
|000008a0| 61 78 20 64 75 65 20 6f | 6e 20 73 75 63 68 20 72 |ax due o|n such r|
|000008b0| 65 64 65 74 65 72 6d 69 | 6e 61 74 69 6f 6e 2c 20 |edetermi|nation, |
|000008c0| 69 66 20 61 6e 79 2c 20 | 73 68 61 6c 6c 20 62 65 |if any, |shall be|
|000008d0| 20 70 61 69 64 20 62 79 | 20 74 68 65 20 8d 0a 1d | paid by| the ...|
|000008e0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 74 61 78 70 |........|....taxp|
|000008f0| 61 79 65 72 20 6f 6e 20 | 6e 6f 74 69 63 65 20 61 |ayer on |notice a|
|00000900| 6e 64 20 64 65 6d 61 6e | 64 20 62 79 20 74 68 65 |nd deman|d by the|
|00000910| 20 53 65 63 72 65 74 61 | 72 79 2c 20 6f 72 20 74 | Secreta|ry, or t|
|00000920| 68 65 20 61 6d 6f 75 6e | 74 20 6f 66 20 8d 0a 1d |he amoun|t of ...|
|00000930| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 74 61 78 20 |........|....tax |
|00000940| 6f 76 65 72 70 61 69 64 | 2c 20 69 66 20 61 6e 79 |overpaid|, if any|
|00000950| 2c 20 73 68 61 6c 6c 20 | 62 65 20 63 72 65 64 69 |, shall |be credi|
|00000960| 74 65 64 20 6f 72 20 72 | 65 66 75 6e 64 65 64 20 |ted or r|efunded |
|00000970| 74 6f 20 74 68 65 20 8d | 0a 1d 0a 00 09 08 07 08 |to the .|........|
|00000980| 07 a0 0a 0a 00 1d 74 61 | 78 70 61 79 65 72 20 69 |......ta|xpayer i|
|00000990| 6e 20 61 63 63 6f 72 64 | 61 6e 63 65 20 77 69 74 |n accord|ance wit|
|000009a0| 68 20 73 75 62 63 68 61 | 70 74 65 72 20 42 20 6f |h subcha|pter B o|
|000009b0| 66 20 63 68 61 70 74 65 | 72 20 36 36 20 28 73 65 |f chapte|r 66 (se|
|000009c0| 63 2e 20 36 35 31 31 20 | 8d 0a 1d 0a 00 09 08 07 |c. 6511 |........|
|000009d0| 08 07 a0 0a 0a 00 1d 61 | 6e 64 20 66 6f 6c 6c 6f |.......a|nd follo|
|000009e0| 77 69 6e 67 29 2e 20 20 | 49 6e 20 74 68 65 20 63 |wing). |In the c|
|000009f0| 61 73 65 20 6f 66 20 73 | 75 63 68 20 61 20 74 61 |ase of s|uch a ta|
|00000a00| 78 20 61 63 63 72 75 65 | 64 20 62 75 74 20 6e 6f |x accrue|d but no|
|00000a10| 74 20 70 61 69 64 2c 20 | 8d 0a 1d 0a 00 09 08 07 |t paid, |........|
|00000a20| 08 07 a0 0a 0a 00 1d 74 | 68 65 20 53 65 63 72 65 |.......t|he Secre|
|00000a30| 74 61 72 79 2c 20 61 73 | 20 61 20 63 6f 6e 64 69 |tary, as| a condi|
|00000a40| 74 69 6f 6e 20 70 72 65 | 63 65 64 65 6e 74 20 74 |tion pre|cedent t|
|00000a50| 6f 20 74 68 65 20 61 6c | 6c 6f 77 61 6e 63 65 20 |o the al|lowance |
|00000a60| 6f 66 20 74 68 69 73 20 | 8d 0a 1d 0a 00 09 08 07 |of this |........|
|00000a70| 08 07 a0 0a 0a 00 1d 63 | 72 65 64 69 74 2c 20 6d |.......c|redit, m|
|00000a80| 61 79 20 72 65 71 75 69 | 72 65 20 74 68 65 20 74 |ay requi|re the t|
|00000a90| 61 78 70 61 79 65 72 20 | 74 6f 20 67 69 76 65 20 |axpayer |to give |
|00000aa0| 61 20 62 6f 6e 64 2c 20 | 77 69 74 68 20 73 75 72 |a bond, |with sur|
|00000ab0| 65 74 69 65 73 20 8d 0a | 1d 0a 00 09 08 07 08 07 |eties ..|........|
|00000ac0| a0 0a 0a 00 1d 73 61 74 | 69 73 66 61 63 6f 74 72 |.....sat|isfacotr|
|00000ad0| 79 20 74 6f 20 61 6e 64 | 20 74 6f 20 62 65 20 61 |y to and| to be a|
|00000ae0| 70 70 72 6f 76 65 64 20 | 62 79 20 74 68 65 20 53 |pproved |by the S|
|00000af0| 65 63 72 65 74 61 72 79 | 2c 20 69 6e 20 73 75 63 |ecretary|, in suc|
|00000b00| 68 20 73 75 6d 20 8d 0a | 1d 0a 00 09 08 07 08 07 |h sum ..|........|
|00000b10| a0 0a 0a 00 1d 61 73 20 | 74 68 65 20 53 65 63 72 |.....as |the Secr|
|00000b20| 65 74 61 72 79 20 6d 61 | 79 20 72 65 71 75 69 72 |etary ma|y requir|
|00000b30| 65 2c 20 63 6f 6e 64 69 | 74 69 6f 6e 65 64 20 6f |e, condi|tioned o|
|00000b40| 6e 20 74 68 65 20 70 61 | 79 6d 65 6e 74 20 62 79 |n the pa|yment by|
|00000b50| 20 74 68 65 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | the ...|........|
|00000b60| 0a 0a 00 1d 74 61 78 70 | 61 79 65 72 20 6f 66 20 |....taxp|ayer of |
|00000b70| 61 6e 79 20 61 6d 6f 75 | 6e 74 20 6f 66 20 74 61 |any amou|nt of ta|
|00000b80| 78 20 66 6f 75 6e 64 20 | 64 75 65 20 6f 6e 20 61 |x found |due on a|
|00000b90| 6e 79 20 73 75 63 68 20 | 8d 0a 1d 0a 00 09 08 07 |ny such |........|
|00000ba0| 08 07 a0 0a 0a 00 1d 72 | 65 64 65 74 65 72 6d 69 |.......r|edetermi|
|00000bb0| 6e 61 74 69 6f 6e 3b 20 | 61 6e 64 20 74 68 65 20 |nation; |and the |
|00000bc0| 62 6f 6e 64 20 68 65 72 | 65 69 6e 20 70 72 65 73 |bond her|ein pres|
|00000bd0| 63 72 69 62 65 64 20 73 | 68 61 6c 6c 20 63 6f 6e |cribed s|hall con|
|00000be0| 74 69 61 6e 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |tian ...|........|
|00000bf0| 0a 0a 00 1d 73 75 63 68 | 20 66 75 72 74 68 65 72 |....such| further|
|00000c00| 20 63 6f 6e 64 69 63 69 | 74 6f 6e 73 20 61 73 20 | condici|tons as |
|00000c10| 74 68 65 20 53 65 63 72 | 65 63 74 61 72 79 20 6d |the Secr|ectary m|
|00000c20| 61 79 20 72 65 71 75 69 | 72 65 2e 20 20 49 6e 20 |ay requi|re. In |
|00000c30| 73 75 63 68 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |such ...|........|
|00000c40| 0a 0a 00 1d 64 65 74 65 | 72 6d 69 6e 61 74 69 6f |....dete|rminatio|
|00000c50| 6e 20 62 79 20 74 68 65 | 20 53 65 63 72 65 74 61 |n by the| Secreta|
|00000c60| 72 79 20 6f 66 20 74 68 | 65 20 61 6d 6f 75 6e 74 |ry of th|e amount|
|00000c70| 20 6f 66 20 74 61 78 20 | 64 75 65 20 66 72 6f 6d | of tax |due from|
|00000c80| 20 74 68 65 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | the ...|........|
|00000c90| 0a 0a 00 1d 74 61 78 70 | 61 79 65 72 20 66 6f 72 |....taxp|ayer for|
|00000ca0| 20 74 68 65 20 79 65 61 | 72 20 6f 72 20 79 65 61 | the yea|r or yea|
|00000cb0| 72 73 20 61 66 66 65 63 | 74 65 64 20 62 79 20 61 |rs affec|ted by a|
|00000cc0| 20 72 65 66 75 6e 64 2c | 20 74 68 65 20 61 6d 6f | refund,| the amo|
|00000cd0| 75 6e 74 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |unt ....|........|
|00000ce0| 0a 00 1d 6f 66 20 74 68 | 65 20 74 61 78 65 73 20 |...of th|e taxes |
|00000cf0| 72 65 66 75 6e 64 65 64 | 20 66 6f 72 20 77 68 69 |refunded| for whi|
|00000d00| 63 68 20 63 72 65 64 69 | 74 20 68 61 73 20 62 65 |ch credi|t has be|
|00000d10| 65 6e 20 61 6c 6c 6f 77 | 65 64 20 75 6e 64 65 72 |en allow|ed under|
|00000d20| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00000d30| 74 68 69 73 20 73 65 63 | 74 69 6f 6e 20 73 68 61 |this sec|tion sha|
|00000d40| 6c 6c 20 62 65 20 72 65 | 64 75 63 65 64 20 62 79 |ll be re|duced by|
|00000d50| 20 74 68 65 20 61 6d 6f | 75 6e 74 20 6f 66 20 61 | the amo|unt of a|
|00000d60| 6e 79 20 74 61 78 20 64 | 65 73 63 72 69 62 65 64 |ny tax d|escribed|
|00000d70| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00000d80| 69 6e 20 73 65 63 74 69 | 6f 6e 20 39 30 31 20 69 |in secti|on 901 i|
|00000d90| 6d 70 6f 73 65 64 20 62 | 79 20 74 68 65 20 66 6f |mposed b|y the fo|
|00000da0| 72 65 69 67 6e 20 63 6f | 75 6e 74 72 79 20 6f 72 |reign co|untry or|
|00000db0| 20 70 6f 73 73 65 73 73 | 69 6f 6e 20 6f 66 20 8d | possess|ion of .|
|00000dc0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 74 68 |........|......th|
|00000dd0| 65 20 55 6e 69 74 65 64 | 20 53 74 61 74 65 73 20 |e United| States |
|00000de0| 77 69 74 68 20 72 65 73 | 70 65 63 74 20 74 6f 20 |with res|pect to |
|00000df0| 73 75 63 68 20 72 65 66 | 75 6e 64 3b 20 62 75 74 |such ref|und; but|
|00000e00| 20 6e 6f 74 20 63 72 65 | 64 69 74 20 8d 0a 1d 0a | not cre|dit ....|
|00000e10| 00 09 08 07 08 07 a0 0a | 0a 00 1d 75 6e 64 65 72 |........|...under|
|00000e20| 20 74 68 69 73 20 73 75 | 62 70 61 72 74 2c 20 61 | this su|bpart, a|
|00000e30| 6e 64 20 6e 6f 20 64 65 | 64 75 63 74 69 6f 6e 20 |nd no de|duction |
|00000e40| 75 6e 64 65 72 20 73 65 | 63 74 69 6f 6e 20 31 36 |under se|ction 16|
|00000e50| 34 20 28 72 65 6c 61 74 | 69 6e 67 20 8d 0a 1d 0a |4 (relat|ing ....|
|00000e60| 00 09 08 07 08 07 a0 0a | 0a 00 1d 74 6f 20 64 65 |........|...to de|
|00000e70| 64 75 63 74 69 6f 6e 20 | 66 6f 72 20 74 61 78 65 |duction |for taxe|
|00000e80| 73 29 20 73 68 61 6c 6c | 20 62 65 20 61 6c 6c 6f |s) shall| be allo|
|00000e90| 77 65 64 20 66 6f 72 20 | 61 6e 79 20 74 61 78 61 |wed for |any taxa|
|00000ea0| 62 6c 65 20 79 65 61 72 | 20 8d 0a 1d 0a 00 09 08 |ble year| .......|
|00000eb0| 07 08 07 a0 0a 0a 00 1d | 77 69 74 68 20 72 65 73 |........|with res|
|00000ec0| 70 65 63 74 20 74 6f 20 | 73 75 63 68 20 74 61 6d |pect to |such tam|
|00000ed0| 20 69 6d 70 6f 73 65 64 | 20 6f 6e 20 74 68 65 20 | imposed| on the |
|00000ee0| 72 65 66 75 6e 64 2e 20 | 20 4e 6f 20 69 6e 74 65 |refund. | No inte|
|00000ef0| 72 65 73 74 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |rest ...|........|
|00000f00| 0a 0a 00 1d 73 68 61 6c | 6c 20 62 65 20 61 73 73 |....shal|l be ass|
|00000f10| 65 73 73 65 64 20 6f 72 | 20 63 6f 6c 6c 65 63 74 |essed or| collect|
|00000f20| 65 64 20 6f 6e 20 61 6e | 79 20 61 6d 6f 75 6e 74 |ed on an|y amount|
|00000f30| 20 6f 66 20 74 61 78 20 | 64 75 65 20 6f 6e 20 61 | of tax |due on a|
|00000f40| 6e 79 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |ny .....|........|
|00000f50| 00 1d 72 65 64 65 74 65 | 72 6d 69 6e 61 74 69 6f |..redete|rminatio|
|00000f60| 6e 20 62 79 20 74 68 65 | 20 53 65 63 72 65 74 61 |n by the| Secreta|
|00000f70| 72 79 2c 20 72 65 73 75 | 6c 74 69 6e 67 20 66 72 |ry, resu|lting fr|
|00000f80| 6f 6d 20 61 20 72 65 66 | 75 6e 64 20 74 6f 20 74 |om a ref|und to t|
|00000f90| 68 65 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |he .....|........|
|00000fa0| 00 1d 74 61 78 70 61 79 | 65 72 2c 20 66 6f 72 20 |..taxpay|er, for |
|00000fb0| 61 6e 79 20 70 65 72 69 | 6f 64 20 62 65 66 6f 72 |any peri|od befor|
|00000fc0| 65 20 74 68 65 20 72 65 | 63 65 69 70 74 20 6f 66 |e the re|ceipt of|
|00000fd0| 20 73 75 63 68 20 72 65 | 66 75 6e 64 2c 20 8d 0a | such re|fund, ..|
|00000fe0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 65 78 63 |........|.....exc|
|00000ff0| 65 70 74 20 74 6f 20 74 | 68 65 20 65 78 74 65 6e |ept to t|he exten|
|00001000| 74 20 69 6e 74 65 72 65 | 73 74 20 77 61 73 20 70 |t intere|st was p|
|00001010| 61 69 64 20 62 79 20 74 | 68 65 20 66 6f 72 65 69 |aid by t|he forei|
|00001020| 67 6e 20 63 6f 75 6e 74 | 72 79 20 6f 72 20 8d 0a |gn count|ry or ..|
|00001030| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 70 6f 73 |........|.....pos|
|00001040| 73 65 73 73 69 6f 6e 20 | 6f 66 20 74 68 65 20 55 |session |of the U|
|00001050| 6e 69 74 65 64 20 53 74 | 61 74 65 73 20 6f 6e 20 |nited St|ates on |
|00001060| 73 75 63 68 20 72 65 66 | 75 6e 64 20 66 6f 72 20 |such ref|und for |
|00001070| 73 75 63 68 20 70 65 72 | 69 6f 64 2e 0d 0a 0d 0a |such per|iod.....|
|00001080| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 39 30 36 |........|.....906|
|00001090| 2e 1d 0a 00 09 b4 00 8c | 0a 20 01 0a 00 1d 4e 6f |........|. ....No|
|000010a0| 6e 72 65 73 69 64 65 6e | 74 20 61 6c 69 65 6e 20 |nresiden|t alien |
|000010b0| 69 6e 64 69 76 69 64 75 | 61 6c 73 20 61 6e 64 20 |individu|als and |
|000010c0| 66 6f 72 65 69 67 6e 20 | 63 6f 72 70 6f 72 61 74 |foreign |corporat|
|000010d0| 69 6f 6e 73 0d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |ions....|........|
|000010e0| 0a 00 1d 1d 0a 00 09 84 | 03 8c 0a 20 05 0a 00 1d |........|... ....|
|000010f0| 28 61 29 1d 0a 00 09 68 | 01 10 0e 20 02 0a 00 1d |(a)....h|... ....|
|00001100| 41 6c 6c 6f 77 61 6e 63 | 65 20 6f 66 20 63 72 65 |Allowanc|e of cre|
|00001110| 64 69 74 2e 20 2d 2d 20 | 41 20 6e 6f 6e 72 65 73 |dit. -- |A nonres|
|00001120| 69 64 65 6e 74 20 61 6c | 69 65 6e 20 69 6e 76 69 |ident al|ien invi|
|00001130| 64 75 64 61 6c 20 8d 0a | 1d 0a 00 09 08 07 08 07 |dudal ..|........|
|00001140| a0 0a 0a 00 1d 6f 72 20 | 61 20 66 6f 72 65 69 67 |.....or |a foreig|
|00001150| 6e 20 63 6f 72 70 6f 72 | 61 74 69 6f 6e 20 65 6e |n corpor|ation en|
|00001160| 67 61 67 65 64 20 69 6e | 20 74 72 61 64 65 20 6f |gaged in| trade o|
|00001170| 72 20 62 75 73 69 6e 65 | 73 73 20 77 69 74 68 69 |r busine|ss withi|
|00001180| 6e 20 74 68 65 20 8d 0a | 1d 0a 00 09 08 07 08 07 |n the ..|........|
|00001190| a0 0a 0a 00 1d 55 6e 69 | 74 65 64 20 53 74 61 74 |.....Uni|ted Stat|
|000011a0| 65 73 20 64 75 72 69 6e | 67 20 74 68 65 20 74 61 |es durin|g the ta|
|000011b0| 78 61 62 6c 65 20 79 65 | 61 72 20 73 68 61 6c 6c |xable ye|ar shall|
|000011c0| 20 62 65 20 61 6c 6c 6f | 77 65 64 20 61 20 63 72 | be allo|wed a cr|
|000011d0| 65 64 69 74 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |edit ...|........|
|000011e0| 0a 0a 00 1d 75 6e 64 65 | 72 20 73 65 63 74 69 6f |....unde|r sectio|
|000011f0| 6e 20 39 30 31 20 66 6f | 72 20 74 68 65 20 61 6d |n 901 fo|r the am|
|00001200| 6f 75 6e 74 20 6f 66 20 | 61 6e 79 20 69 6e 63 6f |ount of |any inco|
|00001210| 6d 65 2c 20 77 61 72 20 | 70 72 6f 66 69 74 73 2c |me, war |profits,|
|00001220| 20 61 6e 64 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | and ...|........|
|00001230| 0a 0a 00 1d 65 78 63 65 | 73 73 20 70 72 6f 66 69 |....exce|ss profi|
|00001240| 74 73 20 74 61 78 65 73 | 20 70 61 69 64 20 6f 72 |ts taxes| paid or|
|00001250| 20 61 63 63 72 75 65 64 | 20 64 75 72 69 6e 67 20 | accrued| during |
|00001260| 74 68 65 20 74 61 78 61 | 62 6c 65 20 79 65 61 72 |the taxa|ble year|
|00001270| 20 28 6f 72 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | (or ...|........|
|00001280| 0a 0a 00 1d 64 65 65 6d | 65 64 2c 20 75 6e 64 65 |....deem|ed, unde|
|00001290| 72 20 73 65 63 74 69 6f | 6e 20 39 30 32 2c 20 70 |r sectio|n 902, p|
|000012a0| 61 69 64 20 6f 72 20 61 | 63 63 72 75 65 64 20 64 |aid or a|ccrued d|
|000012b0| 75 72 69 6e 67 20 74 68 | 65 20 74 61 78 61 62 6c |uring th|e taxabl|
|000012c0| 65 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |e ......|........|
|000012d0| 1d 79 65 61 72 29 20 74 | 6f 20 61 6e 79 20 66 6f |.year) t|o any fo|
|000012e0| 72 65 69 67 6e 20 63 6f | 75 6e 74 72 79 20 6f 72 |reign co|untry or|
|000012f0| 20 70 6f 73 73 65 73 73 | 69 6f 6e 20 6f 66 20 74 | possess|ion of t|
|00001300| 68 65 20 55 6e 69 74 65 | 64 20 53 74 61 74 65 73 |he Unite|d States|
|00001310| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00001320| 77 69 74 68 20 72 65 73 | 70 65 63 20 74 6f 20 69 |with res|pec to i|
|00001330| 6e 63 6f 6d 65 20 65 66 | 66 65 63 74 69 76 65 6c |ncome ef|fectivel|
|00001340| 79 20 63 6f 6e 6e 65 63 | 74 65 64 20 77 69 74 68 |y connec|ted with|
|00001350| 20 74 68 65 20 63 6f 6e | 64 75 63 74 20 6f 66 20 | the con|duct of |
|00001360| 61 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |a ......|........|
|00001370| 1d 74 72 61 64 65 20 6f | 72 20 62 75 73 69 6e 65 |.trade o|r busine|
|00001380| 73 73 20 77 69 68 74 69 | 6e 20 74 68 65 20 55 6e |ss wihti|n the Un|
|00001390| 69 74 65 64 20 53 74 61 | 74 65 73 2e 0d 0a 1d 0a |ited Sta|tes.....|
|000013a0| 00 09 08 07 08 07 a0 0a | 0a 00 1d 1d 0a 00 09 84 |........|........|
|000013b0| 03 8c 0a 20 05 0a 00 1d | 28 62 29 1d 0a 00 09 68 |... ....|(b)....h|
|000013c0| 01 10 0e 20 02 0a 00 1d | 53 70 65 63 69 61 6c 20 |... ....|Special |
|000013d0| 72 75 6c 65 73 2e 20 2d | 2d 0d 0a 1d 0a 00 09 08 |rules. -|-.......|
|000013e0| 07 08 07 a0 0a 0a 00 1d | 1d 0a 00 09 84 03 8c 0a |........|........|
|000013f0| 20 05 0a 00 1d 28 31 29 | 1d 0a 00 09 68 01 10 0e | ....(1)|....h...|
|00001400| 20 02 0a 00 1d 46 6f 72 | 20 70 75 72 70 6f 73 65 | ....For| purpose|
|00001410| 73 20 6f 66 20 73 75 62 | 73 65 63 74 69 6f 6e 20 |s of sub|section |
|00001420| 28 61 29 20 61 6e 64 20 | 66 6f 72 20 70 75 72 70 |(a) and |for purp|
|00001430| 73 65 73 20 6f 66 20 8d | 0a 1d 0a 00 09 08 07 08 |ses of .|........|
|00001440| 07 a0 0a 0a 00 1d 64 65 | 74 65 72 6d 69 6e 69 6e |......de|terminin|
|00001450| 67 20 74 68 65 20 64 65 | 64 75 63 74 69 6f 6e 73 |g the de|ductions|
|00001460| 20 61 6c 6c 6f 77 61 62 | 6c 65 20 75 6e 64 65 72 | allowab|le under|
|00001470| 20 73 65 63 74 69 6f 6e | 73 20 38 37 33 28 61 29 | section|s 873(a)|
|00001480| 20 61 6e 64 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | and ...|........|
|00001490| 0a 0a 00 1d 38 38 32 28 | 63 29 2c 20 69 6e 20 64 |....882(|c), in d|
|000014a0| 65 74 65 72 6d 69 6e 69 | 6e 67 20 74 68 65 20 61 |etermini|ng the a|
|000014b0| 6d 6f 75 6e 74 20 6f 66 | 20 61 6e 79 20 74 61 78 |mount of| any tax|
|000014c0| 20 70 61 69 64 20 6f 72 | 20 61 63 63 72 75 65 64 | paid or| accrued|
|000014d0| 20 74 6f 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a | to ....|........|
|000014e0| 0a 00 1d 61 6e 79 20 66 | 6f 72 65 69 67 6e 20 63 |...any f|oreign c|
|000014f0| 6f 75 6e 74 72 79 20 6f | 72 20 70 6f 73 73 65 73 |ountry o|r posses|
|00001500| 73 69 6f 6e 20 74 68 65 | 72 65 20 73 68 61 6c 6c |sion the|re shall|
|00001510| 20 6e 6f 74 20 62 65 20 | 74 61 6b 65 6e 20 69 6e | not be |taken in|
|00001520| 74 6f 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |to .....|........|
|00001530| 00 1d 61 63 63 6f 75 6e | 74 20 61 6e 79 20 61 6d |..accoun|t any am|
|00001540| 6f 75 6e 74 20 6f 66 20 | 74 61 78 20 74 6f 20 74 |ount of |tax to t|
|00001550| 68 65 20 65 78 74 65 6e | 74 20 74 68 65 20 74 61 |he exten|t the ta|
|00001560| 78 20 73 6f 20 70 61 69 | 64 20 6f 72 20 8d 0a 1d |x so pai|d or ...|
|00001570| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 61 63 63 72 |........|....accr|
|00001580| 75 65 64 20 69 73 20 69 | 6d 70 6f 73 65 64 20 77 |ued is i|mposed w|
|00001590| 69 74 68 20 72 65 73 70 | 65 63 20 74 6f 20 69 6e |ith resp|ec to in|
|000015a0| 63 6f 6d 65 20 66 72 6f | 6d 20 73 6f 75 72 63 65 |come fro|m source|
|000015b0| 73 20 77 69 68 74 69 6e | 20 74 68 65 20 8d 0a 1d |s wihtin| the ...|
|000015c0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 55 6e 69 74 |........|....Unit|
|000015d0| 65 64 20 53 74 61 74 65 | 73 20 77 68 69 63 68 20 |ed State|s which |
|000015e0| 77 6f 75 6c 64 20 6e 6f | 74 20 62 65 20 74 61 78 |would no|t be tax|
|000015f0| 65 64 20 62 79 20 73 75 | 63 68 20 66 6f 72 65 69 |ed by su|ch forei|
|00001600| 67 6e 20 63 6f 75 6e 74 | 72 79 20 6f 72 20 8d 0a |gn count|ry or ..|
|00001610| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 70 6f 73 |........|.....pos|
|00001620| 73 65 73 73 69 6f 6e 20 | 62 75 74 20 66 6f 72 20 |session |but for |
|00001630| 74 68 65 20 66 61 63 74 | 20 74 68 61 74 20 2d 2d |the fact| that --|
|00001640| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|00001650| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 41 29 1d |....... |....(A).|
|00001660| 0a 00 09 68 01 10 0e 20 | 02 0a 00 1d 69 6e 20 74 |...h... |....in t|
|00001670| 68 65 20 63 61 73 65 20 | 6f 66 20 61 20 6e 6f 6e |he case |of a non|
|00001680| 72 65 73 69 64 65 6e 74 | 20 61 6c 69 65 6e 20 69 |resident| alien i|
|00001690| 6e 64 69 76 75 64 61 6c | 2c 20 73 75 63 68 20 8d |ndivudal|, such .|
|000016a0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 69 6e |........|......in|
|000016b0| 64 69 76 69 64 75 61 6c | 20 69 73 20 61 20 63 69 |dividual| is a ci|
|000016c0| 74 69 7a 65 6e 20 6f 72 | 20 72 65 73 69 64 65 6e |tizen or| residen|
|000016d0| 74 20 6f 66 20 73 75 63 | 68 20 66 6f 72 65 69 67 |t of suc|h foreig|
|000016e0| 6e 20 63 6f 75 6e 74 72 | 79 20 6f 72 20 8d 0a 1d |n countr|y or ...|
|000016f0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 70 6f 73 65 |........|....pose|
|00001700| 73 73 69 6f 6e 2c 20 6f | 72 0d 0a 1d 0a 00 09 08 |ssion, o|r.......|
|00001710| 07 08 07 a0 0a 0a 00 1d | 1d 0a 00 09 84 03 8c 0a |........|........|
|00001720| 20 05 0a 00 1d 28 42 29 | 1d 0a 00 09 68 01 10 0e | ....(B)|....h...|
|00001730| 20 02 0a 00 1d 69 6e 20 | 74 68 65 20 63 61 73 65 | ....in |the case|
|00001740| 20 6f 66 20 61 20 66 6f | 72 65 69 67 6e 20 63 6f | of a fo|reign co|
|00001750| 72 70 6f 72 61 74 69 6f | 6e 2c 20 73 75 63 68 20 |rporatio|n, such |
|00001760| 63 6f 72 70 6f 72 61 74 | 69 6f 6e 20 8d 0a 1d 0a |corporat|ion ....|
|00001770| 00 09 08 07 08 07 a0 0a | 0a 00 1d 77 61 73 20 63 |........|...was c|
|00001780| 72 65 61 74 65 64 20 6f | 72 20 6f 72 67 61 6e 69 |reated o|r organi|
|00001790| 7a 65 64 20 75 6e 64 65 | 72 20 74 68 65 20 6c 61 |zed unde|r the la|
|000017a0| 77 20 6f 66 20 73 75 63 | 68 20 66 6f 72 65 69 67 |w of suc|h foreig|
|000017b0| 6e 20 63 6f 75 6e 74 72 | 79 20 6f 72 20 8d 0a 1d |n countr|y or ...|
|000017c0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 70 6f 73 73 |........|....poss|
|000017d0| 65 73 73 69 6f 6e 20 6f | 72 20 69 73 20 64 6f 6d |ession o|r is dom|
|000017e0| 69 63 69 6c 65 64 20 66 | 6f 72 20 74 61 78 20 70 |iciled f|or tax p|
|000017f0| 75 72 70 6f 73 65 73 20 | 69 6e 20 73 75 63 68 20 |urposes |in such |
|00001800| 63 6f 75 6e 74 72 79 20 | 6f 66 20 8d 0a 1d 0a 00 |country |of .....|
|00001810| 09 08 07 08 07 a0 0a 0a | 00 1d 70 6f 73 73 65 73 |........|..posses|
|00001820| 73 69 6f 6e 2e 1d 20 00 | 0b f0 00 36 00 00 00 a0 |sion.. .|...6....|
|00001830| 32 01 00 00 00 00 00 00 | 00 00 00 02 00 00 00 00 |2.......|........|
|00001840| 00 00 00 00 00 20 00 1d | 0d 0a 1d 20 00 0b f0 00 |..... ..|... ....|
|00001850| 36 00 00 00 a0 32 01 00 | 00 00 00 00 00 00 00 00 |6....2..|........|
|00001860| 02 00 00 00 00 00 00 00 | 00 00 20 00 1d 8d 8a 1d |........|.. .....|
|00001870| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00001880| 84 03 8c 0a 20 05 0a 00 | 1d 28 32 29 1d 0a 00 09 |.... ...|.(2)....|
|00001890| 68 01 10 0e 20 02 0a 00 | 1d 46 6f 72 20 70 75 72 |h... ...|.For pur|
|000018a0| 70 6f 73 65 73 20 6f 66 | 20 73 75 62 73 65 63 74 |poses of| subsect|
|000018b0| 69 6f 6e 20 28 61 29 2c | 20 69 6e 20 61 70 70 6c |ion (a),| in appl|
|000018c0| 79 69 6e 67 20 73 65 63 | 74 69 6f 6e 20 39 30 34 |ying sec|tion 904|
|000018d0| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|000018e0| 74 68 65 20 74 61 78 70 | 61 79 65 72 27 73 20 74 |the taxp|ayer's t|
|000018f0| 61 78 61 62 6c 65 20 69 | 6e 63 6f 6d 65 20 73 68 |axable i|ncome sh|
|00001900| 61 6c 6c 20 62 65 20 74 | 72 65 61 74 65 64 20 61 |all be t|reated a|
|00001910| 73 20 63 6f 6e 73 69 73 | 74 69 6e 67 20 6f 6e 6c |s consis|ting onl|
|00001920| 79 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |y ......|........|
|00001930| 1d 6f 66 20 74 68 65 20 | 74 61 78 61 62 6c 65 20 |.of the |taxable |
|00001940| 69 6e 63 6f 6d 65 20 65 | 66 66 65 63 74 69 76 65 |income e|ffective|
|00001950| 6c 79 20 63 6f 6e 6e 65 | 63 74 65 64 20 77 69 74 |ly conne|cted wit|
|00001960| 68 20 74 68 65 20 74 61 | 78 70 61 79 65 72 27 73 |h the ta|xpayer's|
|00001970| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00001980| 63 6f 6e 64 75 63 74 20 | 6f 66 20 61 20 74 72 61 |conduct |of a tra|
|00001990| 64 65 20 6f 72 20 62 75 | 73 69 6e 65 73 73 20 77 |de or bu|siness w|
|000019a0| 69 74 68 69 6e 20 74 68 | 65 20 55 6e 69 74 65 64 |ithin th|e United|
|000019b0| 20 53 74 61 74 65 73 2e | 0d 0a 1d 0a 00 09 08 07 | States.|........|
|000019c0| 08 07 a0 0a 0a 00 1d 1d | 0a 00 09 84 03 8c 0a 20 |........|....... |
|000019d0| 05 0a 00 1d 28 33 29 1d | 0a 00 09 68 01 10 0e 20 |....(3).|...h... |
|000019e0| 02 0a 00 1d 54 68 65 20 | 63 72 65 64 69 74 20 61 |....The |credit a|
|000019f0| 6c 6c 6f 77 65 64 20 70 | 75 72 73 75 61 6e 74 20 |llowed p|ursuant |
|00001a00| 74 6f 20 73 75 62 73 65 | 63 74 69 6f 6e 20 28 61 |to subse|ction (a|
|00001a10| 29 20 73 68 61 6c 6c 20 | 6e 6f 74 20 8d 0a 1d 0a |) shall |not ....|
|00001a20| 00 09 08 07 08 07 a0 0a | 0a 00 1d 62 65 20 61 6c |........|...be al|
|00001a30| 6c 6f 77 65 64 20 61 67 | 61 69 6e 73 74 20 61 6e |lowed ag|ainst an|
|00001a40| 79 20 74 61 78 20 69 6d | 70 6f 73 65 64 20 62 79 |y tax im|posed by|
|00001a50| 20 73 65 63 74 69 6f 6e | 20 38 37 31 28 61 29 20 | section| 871(a) |
|00001a60| 28 72 65 6c 61 74 69 6e | 67 20 74 6f 20 8d 0a 1d |(relatin|g to ...|
|00001a70| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 69 6e 63 6f |........|....inco|
|00001a80| 6d 65 20 6f 66 20 6e 6f | 6e 72 65 73 69 64 65 6e |me of no|nresiden|
|00001a90| 74 20 61 6c 69 6e 65 20 | 69 6e 64 69 76 69 64 75 |t aline |individu|
|00001aa0| 61 6c 20 6e 6f 74 20 63 | 6f 6e 6e 65 63 74 65 64 |al not c|onnected|
|00001ab0| 20 77 69 74 68 20 55 6e | 69 74 65 64 20 8d 0a 1d | with Un|ited ...|
|00001ac0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 53 74 61 74 |........|....Stat|
|00001ad0| 65 73 20 62 75 73 69 6e | 65 73 73 29 20 6f 72 20 |es busin|ess) or |
|00001ae0| 38 38 31 20 28 72 65 6c | 61 74 69 6e 67 20 74 6f |881 (rel|ating to|
|00001af0| 20 69 6e 63 6f 6d 65 20 | 6f 66 20 66 6f 72 65 69 | income |of forei|
|00001b00| 67 6e 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |gn .....|........|
|00001b10| 00 1d 63 6f 72 70 6f 72 | 61 74 69 6f 6e 73 20 6e |..corpor|ations n|
|00001b20| 6f 74 20 63 6f 6e 6e 65 | 63 74 65 64 20 77 69 74 |ot conne|cted wit|
|00001b30| 68 20 55 6e 69 74 65 64 | 20 53 74 61 74 65 73 20 |h United| States |
|00001b40| 62 75 73 69 6e 65 73 73 | 29 2e 0d 0a 1d 0a 00 09 |business|).......|
|00001b50| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00001b60| 0a 20 05 0a 00 1d 28 34 | 29 1d 0a 00 09 68 01 10 |. ....(4|)....h..|
|00001b70| 0e 20 02 0a 00 1d 46 6f | 72 20 70 75 72 70 6f 73 |. ....Fo|r purpos|
|00001b80| 65 73 20 6f 66 20 73 65 | 63 74 69 6f 6e 73 20 39 |es of se|ctions 9|
|00001b90| 30 32 28 61 29 20 61 6e | 64 20 37 38 2c 20 61 20 |02(a) an|d 78, a |
|00001ba0| 66 6f 72 65 69 67 6e 20 | 8d 0a 1d 0a 00 09 08 07 |foreign |........|
|00001bb0| 08 07 a0 0a 0a 00 1d 63 | 6f 72 70 6f 72 61 74 69 |.......c|orporati|
|00001bc0| 6f 6e 20 63 68 6f 6f 73 | 69 6e 67 20 74 68 65 20 |on choos|ing the |
|00001bd0| 62 65 6e 65 66 69 74 73 | 20 6f 66 20 74 68 69 73 |benefits| of this|
|00001be0| 20 73 75 62 70 61 72 74 | 20 77 68 69 63 68 20 72 | subpart| which r|
|00001bf0| 65 63 65 69 76 65 73 20 | 8d 0a 1d 0a 00 09 08 07 |eceives |........|
|00001c00| 08 07 a0 0a 0a 00 1d 64 | 69 76 69 64 65 6e 64 73 |.......d|ividends|
|00001c10| 20 73 68 61 6c 6c 2c 20 | 77 69 74 68 20 72 65 73 | shall, |with res|
|00001c20| 70 65 63 74 20 74 6f 20 | 73 75 63 68 20 64 69 76 |pect to |such div|
|00001c30| 69 64 65 6e 64 73 2c 20 | 62 65 20 74 72 61 74 65 |idends, |be trate|
|00001c40| 64 20 61 73 20 61 20 8d | 0a 1d 0a 00 09 08 07 08 |d as a .|........|
|00001c50| 07 a0 0a 0a 00 1d 64 6f | 6d 65 73 74 69 63 20 63 |......do|mestic c|
|00001c60| 6f 72 70 6f 72 61 74 69 | 6f 6e 2e 0d 0a 1d 0a 00 |orporati|on......|
|00001c70| 09 08 07 08 07 a0 0a 0a | 00 1d 1d 0a 00 09 84 03 |........|........|
|00001c80| 8c 0a 20 05 0a 00 1d 28 | 35 29 1d 0a 00 09 68 01 |.. ....(|5)....h.|
|00001c90| 10 0e 20 02 0a 00 1d 4e | 6f 20 63 72 65 64 69 74 |.. ....N|o credit|
|00001ca0| 20 73 68 61 6c 6c 20 62 | 65 20 61 6c 6c 6f 77 65 | shall b|e allowe|
|00001cb0| 64 20 75 6e 64 65 72 20 | 74 68 69 73 20 73 65 63 |d under |this sec|
|00001cc0| 74 69 6f 6e 20 66 6f 72 | 20 61 6e 79 20 8d 0a 1d |tion for| any ...|
|00001cd0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 69 6e 63 6f |........|....inco|
|00001ce0| 6d 65 2c 20 77 61 72 20 | 70 72 6f 66 69 74 73 20 |me, war |profits |
|00001cf0| 61 6e 64 20 65 78 63 65 | 73 73 20 70 72 6f 66 69 |and exce|ss profi|
|00001d00| 74 73 20 74 61 78 65 73 | 20 70 61 69 64 20 6f 72 |ts taxes| paid or|
|00001d10| 20 61 63 63 72 75 65 64 | 20 77 69 74 68 20 8d 0a | accrued| with ..|
|00001d20| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 72 65 73 |........|.....res|
|00001d30| 70 65 63 74 20 74 6f 20 | 74 68 65 20 66 6f 72 65 |pect to |the fore|
|00001d40| 69 67 6e 20 74 72 61 64 | 65 20 69 6e 63 6f 6d 65 |ign trad|e income|
|00001d50| 20 28 77 69 74 68 69 6e | 20 74 68 65 20 6d 65 61 | (within| the mea|
|00001d60| 6e 69 6e 67 20 6f 66 20 | 8d 0a 1d 0a 00 09 08 07 |ning of |........|
|00001d70| 08 07 a0 0a 0a 00 1d 73 | 65 63 74 69 6f 6e 20 39 |.......s|ection 9|
|00001d80| 32 33 28 62 29 29 20 6f | 66 20 61 20 46 53 43 2e |23(b)) o|f a FSC.|
|00001d90| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|00001da0| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 36 29 1d |....... |....(6).|
|00001db0| 0a 00 09 68 01 10 0e 20 | 02 0a 00 1d 46 6f 72 20 |...h... |....For |
|00001dc0| 70 75 72 70 6f 73 65 73 | 20 6f 66 20 73 65 63 74 |purposes| of sect|
|00001dd0| 69 6f 6e 20 39 30 32 2c | 20 61 6e 79 20 69 6e 63 |ion 902,| any inc|
|00001de0| 6f 6d 65 2c 20 77 61 72 | 20 70 72 6f 66 69 74 73 |ome, war| profits|
|00001df0| 2c 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |, ......|........|
|00001e00| 1d 61 6e 64 20 65 78 63 | 65 73 73 20 70 72 6f 66 |.and exc|ess prof|
|00001e10| 69 74 73 20 74 61 78 65 | 73 20 70 61 69 64 20 6f |its taxe|s paid o|
|00001e20| 72 20 61 63 63 72 75 65 | 64 20 28 6f 72 20 64 65 |r accrue|d (or de|
|00001e30| 65 6d 65 64 20 70 61 69 | 64 20 6f 72 20 8d 0a 1d |emed pai|d or ...|
|00001e40| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 61 63 63 72 |........|....accr|
|00001e50| 75 65 64 29 20 74 6f 20 | 61 6e 79 20 66 6f 72 65 |ued) to |any fore|
|00001e60| 69 67 6e 20 63 6f 75 6e | 74 72 79 20 6f 66 20 70 |ign coun|try of p|
|00001e70| 6f 73 73 65 73 73 69 6f | 6e 20 6f 66 20 74 68 65 |ossessio|n of the|
|00001e80| 20 55 6e 69 74 65 64 20 | 8d 0a 1d 0a 00 09 08 07 | United |........|
|00001e90| 08 07 a0 0a 0a 00 1d 73 | 74 61 74 65 73 20 77 69 |.......s|tates wi|
|00001ea0| 74 68 20 72 65 73 70 65 | 63 74 20 74 6f 20 69 6e |th respe|ct to in|
|00001eb0| 63 6f 6d 65 20 65 66 66 | 65 63 74 69 76 65 6c 79 |come eff|ectively|
|00001ec0| 20 63 6f 6e 6e 65 63 74 | 65 64 20 77 69 74 68 20 | connect|ed with |
|00001ed0| 74 68 65 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |the ....|........|
|00001ee0| 0a 00 1d 63 6f 6e 64 75 | 63 74 20 6f 66 20 61 20 |...condu|ct of a |
|00001ef0| 74 72 61 64 65 20 6f 72 | 20 62 75 73 69 6e 65 73 |trade or| busines|
|00001f00| 73 20 77 69 74 68 69 6e | 20 74 68 65 20 55 6e 69 |s within| the Uni|
|00001f10| 74 65 64 20 53 74 61 74 | 65 73 20 73 68 61 6c 6c |ted Stat|es shall|
|00001f20| 20 6e 6f 74 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | not ...|........|
|00001f30| 0a 0a 00 1d 62 65 20 74 | 61 6b 65 6e 20 69 6e 74 |....be t|aken int|
|00001f40| 6f 20 61 63 63 6f 75 6e | 74 2c 20 61 6e 64 20 61 |o accoun|t, and a|
|00001f50| 6e 79 20 61 63 63 75 6d | 75 6c 61 74 65 64 20 70 |ny accum|ulated p|
|00001f60| 72 6f 66 69 74 73 20 61 | 74 74 72 69 62 75 74 61 |rofits a|ttributa|
|00001f70| 62 6c 65 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |ble ....|........|
|00001f80| 0a 00 1d 74 6f 20 73 75 | 63 68 20 69 6e 63 6f 6d |...to su|ch incom|
|00001f90| 65 20 73 68 61 6c 6c 20 | 6e 6f 74 20 62 65 20 74 |e shall |not be t|
|00001fa0| 61 6b 65 6e 20 69 6e 74 | 6f 20 61 63 63 6f 75 6e |aken int|o accoun|
|00001fb0| 74 2e 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |t.......|........|
|00001fc0| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 37 |........|. ....(7|
|00001fd0| 29 1d 0a 00 09 68 01 10 | 0e 20 02 0a 00 1d 4e 6f |)....h..|. ....No|
|00001fe0| 20 63 72 65 64 69 74 20 | 73 68 61 6c 6c 20 62 65 | credit |shall be|
|00001ff0| 20 61 6c 6c 6f 77 65 64 | 20 75 6e 64 65 72 20 74 | allowed| under t|
|00002000| 68 69 73 20 73 65 63 74 | 69 6f 6e 20 61 67 61 69 |his sect|ion agai|
|00002010| 6e 73 74 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |nst ....|........|
|00002020| 0a 00 1d 74 68 65 20 74 | 61 78 20 69 6d 70 6f 73 |...the t|ax impos|
|00002030| 65 64 20 62 79 20 73 65 | 63 74 69 6f 6e 20 38 38 |ed by se|ction 88|
|00002040| 34 2e 0d 0a 0d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |4.......|........|
|00002050| 0a 00 1d 39 30 37 2e 1d | 0a 00 09 b4 00 8c 0a 20 |...907..|....... |
|00002060| 01 0a 00 1d 53 70 65 63 | 69 61 6c 20 72 75 6c 65 |....Spec|ial rule|
|00002070| 73 20 69 6e 20 63 61 73 | 65 20 6f 66 20 66 6f 72 |s in cas|e of for|
|00002080| 65 69 67 6e 20 6f 69 6c | 20 61 6e 64 20 67 61 73 |eign oil| and gas|
|00002090| 20 69 6e 63 6f 6d 65 0d | 0a 1d 0a 00 09 08 07 08 | income.|........|
|000020a0| 07 a0 0a 0a 00 1d 1d 0a | 00 09 84 03 8c 0a 20 05 |........|...... .|
|000020b0| 0a 00 1d 28 61 29 1d 0a | 00 09 68 01 10 0e 20 02 |...(a)..|..h... .|
|000020c0| 0a 00 1d 52 65 64 75 63 | 69 74 6f 6e 20 69 6e 20 |...Reduc|iton in |
|000020d0| 61 6d 6f 75 6e 74 20 61 | 6c 6c 6f 77 65 64 20 61 |amount a|llowed a|
|000020e0| 73 20 66 6f 72 65 69 67 | 6e 20 74 61 78 20 75 6e |s foreig|n tax un|
|000020f0| 64 65 72 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |der ....|........|
|00002100| 0a 00 1d 73 65 63 74 69 | 6f 6e 20 39 30 31 2e 20 |...secti|on 901. |
|00002110| 20 2d 2d 20 20 49 6e 20 | 61 70 70 6c 79 69 6e 67 | -- In |applying|
|00002120| 20 73 65 63 74 69 6f 6e | 20 39 30 31 2c 20 74 68 | section| 901, th|
|00002130| 65 20 61 6d 6f 75 6e 74 | 20 6f 66 20 61 6e 79 20 |e amount| of any |
|00002140| 6f 69 6c 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |oil ....|........|
|00002150| 0a 00 1d 61 6e 64 20 67 | 61 73 20 65 78 74 72 61 |...and g|as extra|
|00002160| 63 74 69 6f 6e 20 74 61 | 78 65 73 20 70 61 69 64 |ction ta|xes paid|
|00002170| 20 6f 72 20 61 63 63 72 | 75 65 64 20 28 6f 72 20 | or accr|ued (or |
|00002180| 64 65 65 6d 65 64 20 74 | 6f 20 68 61 76 65 20 62 |deemed t|o have b|
|00002190| 65 65 6e 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |een ....|........|
|000021a0| 0a 00 1d 70 61 69 64 29 | 20 64 75 72 69 6e 67 20 |...paid)| during |
|000021b0| 74 68 65 20 74 61 78 61 | 62 6c 65 20 79 65 61 72 |the taxa|ble year|
|000021c0| 20 77 68 69 63 68 20 77 | 6f 75 6c 64 20 28 62 75 | which w|ould (bu|
|000021d0| 74 20 66 6f 72 20 74 68 | 69 73 20 8d 0a 1d 0a 00 |t for th|is .....|
|000021e0| 09 08 07 08 07 a0 0a 0a | 00 1d 73 75 62 73 65 63 |........|..subsec|
|000021f0| 74 69 6f 6e 29 20 62 65 | 20 74 61 6b 65 6e 20 69 |tion) be| taken i|
|00002200| 6e 74 6f 20 61 63 63 6f | 75 6e 74 20 66 6f 72 20 |nto acco|unt for |
|00002210| 70 75 72 70 6f 73 65 73 | 20 6f 66 20 73 65 63 74 |purposes| of sect|
|00002220| 69 6f 6e 20 39 30 31 20 | 8d 0a 1d 0a 00 09 08 07 |ion 901 |........|
|00002230| 08 07 a0 0a 0a 00 1d 73 | 68 61 6c 6c 20 62 65 20 |.......s|hall be |
|00002240| 72 65 64 75 63 65 64 20 | 62 79 20 74 68 65 20 61 |reduced |by the a|
|00002250| 6d 6f 75 6e 74 20 28 69 | 66 20 61 6e 79 29 20 62 |mount (i|f any) b|
|00002260| 79 20 77 68 69 63 68 20 | 74 68 65 20 61 6d 6f 75 |y which |the amou|
|00002270| 6e 74 20 6f 66 20 8d 0a | 1d 0a 00 09 08 07 08 07 |nt of ..|........|
|00002280| a0 0a 0a 00 1d 73 75 63 | 68 20 74 61 78 65 73 20 |.....suc|h taxes |
|00002290| 65 78 63 65 65 64 73 20 | 74 68 65 20 70 72 6f 64 |exceeds |the prod|
|000022a0| 75 63 74 20 6f 66 20 2d | 2d 0d 0a 1d 0a 00 09 08 |uct of -|-.......|
|000022b0| 07 08 07 a0 0a 0a 00 1d | 1d 0a 00 09 84 03 8c 0a |........|........|
|000022c0| 20 05 0a 00 1d 28 31 29 | 1d 0a 00 09 68 01 10 0e | ....(1)|....h...|
|000022d0| 20 02 0a 00 1d 74 68 65 | 20 61 6d 6f 75 6e 74 20 | ....the| amount |
|000022e0| 6f 66 20 74 68 65 20 66 | 6f 72 65 69 67 6e 20 6f |of the f|oreign o|
|000022f0| 69 6c 20 61 6e 64 20 67 | 61 73 20 65 78 74 72 61 |il and g|as extra|
|00002300| 63 74 69 6f 6e 20 69 6e | 63 6f 6d 65 20 8d 0a 1d |ction in|come ...|
|00002310| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 66 6f 72 20 |........|....for |
|00002320| 74 68 65 20 74 61 78 61 | 62 6c 65 20 79 65 61 72 |the taxa|ble year|
|00002330| 2c 0d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |,.......|........|
|00002340| 1d 0a 00 09 84 03 8c 0a | 20 05 0a 00 1d 28 32 29 |........| ....(2)|
|00002350| 1d 0a 00 09 68 01 10 0e | 20 02 0a 00 1d 6d 75 6c |....h...| ....mul|
|00002360| 74 69 70 6c 69 65 64 20 | 62 79 20 2d 2d 0d 0a 1d |tiplied |by --...|
|00002370| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00002380| 84 03 8c 0a 20 05 0a 00 | 1d 28 41 29 1d 0a 00 09 |.... ...|.(A)....|
|00002390| 68 01 10 0e 20 02 0a 00 | 1d 69 6e 20 74 68 65 20 |h... ...|.in the |
|000023a0| 63 61 73 65 20 6f 66 20 | 61 20 63 6f 72 70 6f 72 |case of |a corpor|
|000023b0| 61 74 69 6f 6e 2c 20 74 | 68 65 20 70 65 72 63 65 |ation, t|he perce|
|000023c0| 6e 74 61 67 65 20 77 68 | 69 63 68 20 69 73 20 8d |ntage wh|ich is .|
|000023d0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 65 71 |........|......eq|
|000023e0| 75 61 6c 20 74 6f 20 74 | 68 65 20 68 69 67 68 65 |ual to t|he highe|
|000023f0| 73 74 20 72 61 74 65 20 | 6f 66 20 74 61 78 20 73 |st rate |of tax s|
|00002400| 70 65 63 69 66 69 65 64 | 20 75 6e 64 65 72 20 73 |pecified| under s|
|00002410| 65 63 74 69 6f 6e 20 31 | 31 28 62 29 2c 20 8d 0a |ection 1|1(b), ..|
|00002420| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 6f 72 0d |........|.....or.|
|00002430| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 1d 0a |........|........|
|00002440| 00 09 84 03 8c 0a 20 05 | 0a 00 1d 28 42 29 1d 0a |...... .|...(B)..|
|00002450| 00 09 68 01 10 0e 20 02 | 0a 00 1d 69 6e 20 74 68 |..h... .|...in th|
|00002460| 65 20 63 61 73 65 20 6f | 66 20 61 6e 20 69 6e 64 |e case o|f an ind|
|00002470| 69 76 75 64 61 6c 2c 20 | 61 20 66 72 61 63 74 69 |ivudal, |a fracti|
|00002480| 6f 6e 20 74 68 65 20 6e | 75 6d 65 72 61 74 6f 72 |on the n|umerator|
|00002490| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|000024a0| 6f 66 20 77 68 69 63 68 | 20 69 73 20 74 68 65 20 |of which| is the |
|000024b0| 74 61 78 20 61 67 61 69 | 6e 73 74 20 77 68 69 63 |tax agai|nst whic|
|000024c0| 68 20 74 68 65 20 63 72 | 65 64 69 74 20 75 6e 64 |h the cr|edit und|
|000024d0| 65 72 20 73 65 63 74 69 | 6f 6e 20 39 30 31 28 61 |er secti|on 901(a|
|000024e0| 29 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |) ......|........|
|000024f0| 1d 69 73 20 74 61 6b 65 | 6e 20 61 6e 64 20 74 68 |.is take|n and th|
|00002500| 65 20 64 65 6e 6f 6d 69 | 6e 61 74 6f 72 20 6f 66 |e denomi|nator of|
|00002510| 20 77 68 69 63 68 20 69 | 73 20 74 68 65 20 74 61 | which i|s the ta|
|00002520| 78 70 61 79 65 72 27 73 | 20 65 6e 74 69 72 65 20 |xpayer's| entire |
|00002530| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 74 |........|.......t|
|00002540| 61 78 61 62 6c 65 20 69 | 6e 63 6f 6d 65 2e 0d 0a |axable i|ncome...|
|00002550| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|00002560| 09 84 03 8c 0a 20 05 0a | 00 1d 28 62 29 1d 0a 00 |..... ..|..(b)...|
|00002570| 09 68 01 10 0e 20 02 0a | 00 1d 46 6f 72 65 69 67 |.h... ..|..Foreig|
|00002580| 6e 20 74 61 78 65 73 20 | 6f 6e 20 66 6f 72 65 69 |n taxes |on forei|
|00002590| 67 6e 20 6f 69 6c 20 72 | 65 6c 61 74 65 64 20 69 |gn oil r|elated i|
|000025a0| 6e 63 6f 6d 65 2e 20 2d | 2d 20 46 6f 72 20 8d 0a |ncome. -|- For ..|
|000025b0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 70 75 72 |........|.....pur|
|000025c0| 70 6f 73 65 73 20 6f 66 | 20 74 68 69 73 20 73 75 |poses of| this su|
|000025d0| 62 74 69 74 6c 65 2c 20 | 69 6e 20 74 68 65 20 63 |btitle, |in the c|
|000025e0| 61 73 65 20 6f 66 20 74 | 61 78 65 73 20 70 61 69 |ase of t|axes pai|
|000025f0| 64 20 6f 72 20 61 63 63 | 72 75 65 64 20 8d 0a 1d |d or acc|rued ...|
|00002600| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 74 6f 20 61 |........|....to a|
|00002610| 6e 79 20 66 6f 72 65 69 | 67 6e 20 63 6f 75 6e 74 |ny forei|gn count|
|00002620| 72 79 20 77 69 74 68 20 | 72 65 73 70 65 63 74 20 |ry with |respect |
|00002630| 74 6f 20 66 6f 72 65 69 | 67 6e 20 6f 69 6c 2c 20 |to forei|gn oil, |
|00002640| 72 65 6c 61 74 65 64 20 | 8d 0a 1d 0a 00 09 08 07 |related |........|
|00002650| 08 07 a0 0a 0a 00 1d 69 | 6e 63 6f 6d 65 2c 20 74 |.......i|ncome, t|
|00002660| 68 65 20 74 65 72 6d 20 | 22 69 6e 63 6f 6d 65 2c |he term |"income,|
|00002670| 20 77 61 72 20 70 72 6f | 66 69 74 73 2c 20 61 6e | war pro|fits, an|
|00002680| 64 20 65 78 63 65 73 73 | 20 70 72 6f 66 69 74 73 |d excess| profits|
|00002690| 20 74 61 78 65 73 22 20 | 8d 0a 1d 0a 00 09 08 07 | taxes" |........|
|000026a0| 08 07 a0 0a 0a 00 1d 73 | 68 61 6c 6c 20 6e 6f 74 |.......s|hall not|
|000026b0| 20 69 6e 63 6c 75 64 65 | 20 61 6e 79 20 61 6d 6f | include| any amo|
|000026c0| 75 6e 74 20 70 61 69 64 | 20 6f 72 20 61 63 63 72 |unt paid| or accr|
|000026d0| 75 65 64 20 61 66 74 65 | 72 20 44 65 63 65 6d 62 |ued afte|r Decemb|
|000026e0| 65 72 20 33 31 2c 20 8d | 0a 1d 0a 00 09 08 07 08 |er 31, .|........|
|000026f0| 07 a0 0a 0a 00 1d 31 39 | 38 32 2c 20 74 6f 20 74 |......19|82, to t|
|00002700| 68 65 20 65 78 74 65 6e | 74 20 74 68 61 74 20 74 |he exten|t that t|
|00002710| 68 65 20 53 65 63 72 65 | 74 61 72 79 20 64 65 74 |he Secre|tary det|
|00002720| 65 72 6d 69 6e 65 73 20 | 74 68 61 74 20 74 68 65 |ermines |that the|
|00002730| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00002740| 66 6f 72 65 69 67 6e 20 | 6c 61 77 20 69 6d 70 6f |foreign |law impo|
|00002750| 73 69 6e 67 20 73 75 63 | 68 20 61 6d 6f 75 6e 74 |sing suc|h amount|
|00002760| 20 6f 66 20 74 61 78 20 | 69 73 20 73 74 72 75 63 | of tax |is struc|
|00002770| 74 75 72 65 64 2c 20 6f | 72 20 69 6e 20 66 61 63 |tured, o|r in fac|
|00002780| 74 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |t ......|........|
|00002790| 1d 6f 70 65 72 61 74 65 | 2c 20 73 6f 20 74 68 61 |.operate|, so tha|
|000027a0| 74 20 74 65 68 20 61 6d | 6f 75 6e 74 20 6f 66 20 |t teh am|ount of |
|000027b0| 74 61 78 20 69 6d 70 6f | 73 65 64 20 77 69 74 68 |tax impo|sed with|
|000027c0| 20 72 65 73 70 65 63 74 | 20 74 6f 20 8d 0a 1d 0a | respect| to ....|
|000027d0| 00 09 08 07 08 07 a0 0a | 0a 00 1d 66 6f 72 65 69 |........|...forei|
|000027e0| 67 6e 20 6f 69 6c 20 72 | 65 6c 61 74 65 64 20 69 |gn oil r|elated i|
|000027f0| 6e 63 6f 6d 65 20 77 69 | 6c 6c 20 67 65 6e 65 72 |ncome wi|ll gener|
|00002800| 61 6c 6c 79 20 62 65 20 | 6d 61 74 65 72 69 61 6c |ally be |material|
|00002810| 6c 79 20 67 72 65 61 74 | 65 72 2c 20 1d 20 00 0b |ly great|er, . ..|
|00002820| f0 00 36 00 00 00 a0 32 | 01 00 00 00 00 00 00 00 |..6....2|........|
|00002830| 00 00 00 00 00 00 00 00 | 00 00 00 00 20 00 1d 8d |........|.... ...|
|00002840| 8a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 6f 76 |........|......ov|
|00002850| 65 72 20 61 20 72 65 61 | 73 6f 6e 61 62 6c 65 20 |er a rea|sonable |
|00002860| 70 65 72 69 6f 64 20 6f | 66 20 74 69 6d 65 2c 20 |period o|f time, |
|00002870| 74 68 61 6e 20 74 68 65 | 20 61 6d 6f 75 6e 74 20 |than the| amount |
|00002880| 67 65 6e 65 72 61 6c 6c | 79 20 8d 0a 1d 0a 00 09 |generall|y ......|
|00002890| 08 07 08 07 a0 0a 0a 00 | 1d 69 6d 70 6f 73 65 64 |........|.imposed|
|000028a0| 20 6f 6e 20 69 6e 63 6f | 6d 65 20 74 68 61 74 20 | on inco|me that |
|000028b0| 69 73 20 6e 65 69 74 68 | 65 72 20 66 6f 72 65 69 |is neith|er forei|
|000028c0| 67 6e 20 6f 69 6c 20 72 | 65 6c 61 74 65 64 20 69 |gn oil r|elated i|
|000028d0| 6e 63 6f 6d 65 20 6e 6f | 72 20 8d 0a 1d 0a 00 09 |ncome no|r ......|
|000028e0| 08 07 08 07 a0 0a 0a 00 | 1d 66 6f 72 65 69 67 6e |........|.foreign|
|000028f0| 20 6f 69 6c 20 61 6e 64 | 20 67 61 73 20 65 78 74 | oil and| gas ext|
|00002900| 72 61 63 74 69 6f 6e 20 | 69 6e 63 6f 6d 65 2e 20 |raction |income. |
|00002910| 20 49 6e 20 63 6f 6d 70 | 75 74 69 6e 67 20 74 68 | In comp|uting th|
|00002920| 65 20 61 6d 6f 75 6e 74 | 20 8d 0a 1d 0a 00 09 08 |e amount| .......|
|00002930| 07 08 07 a0 0a 0a 00 1d | 6e 6f 74 20 74 72 65 61 |........|not trea|
|00002940| 74 65 64 20 61 73 20 74 | 61 78 20 75 6e 64 65 72 |ted as t|ax under|
|00002950| 20 74 68 69 73 20 73 75 | 62 73 65 63 74 69 6f 6e | this su|bsection|
|00002960| 2c 20 73 75 63 68 20 61 | 6d 6f 75 6e 74 20 73 68 |, such a|mount sh|
|00002970| 61 6c 6c 20 62 65 20 8d | 0a 1d 0a 00 09 08 07 08 |all be .|........|
|00002980| 07 a0 0a 0a 00 1d 74 72 | 65 61 74 65 64 20 61 73 |......tr|eated as|
|00002990| 20 61 20 64 65 64 75 63 | 74 69 6f 6e 20 75 6e 64 | a deduc|tion und|
|000029a0| 65 72 20 74 68 65 20 66 | 6f 72 65 69 67 6e 20 6c |er the f|oreign l|
|000029b0| 61 77 2e 0d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |aw......|........|
|000029c0| 00 1d 1d 0a 00 09 84 03 | 8c 0a 20 05 0a 00 1d 28 |........|.. ....(|
|000029d0| 63 29 1d 0a 00 09 68 01 | 10 0e 20 02 0a 00 1d 46 |c)....h.|.. ....F|
|000029e0| 6f 72 65 69 67 6e 20 69 | 6e 63 6f 6d 65 20 64 65 |oreign i|ncome de|
|000029f0| 66 69 6e 69 74 69 6f 6e | 73 20 61 6e 64 20 73 70 |finition|s and sp|
|00002a00| 65 63 69 61 6c 20 72 75 | 6c 65 73 2e 20 2d 2d 20 |ecial ru|les. -- |
|00002a10| 20 46 6f 72 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | For ...|........|
|00002a20| 0a 0a 00 1d 70 75 72 70 | 6f 73 65 73 20 6f 66 20 |....purp|oses of |
|00002a30| 74 68 69 73 20 73 65 63 | 74 69 6f 6e 20 2d 2d 0d |this sec|tion --.|
|00002a40| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 1d 0a |........|........|
|00002a50| 00 09 84 03 8c 0a 20 05 | 0a 00 1d 28 31 29 1d 0a |...... .|...(1)..|
|00002a60| 00 09 68 01 10 0e 20 02 | 0a 00 1d 46 6f 72 65 69 |..h... .|...Forei|
|00002a70| 67 6e 20 6f 69 6c 20 61 | 6e 64 20 67 61 73 20 65 |gn oil a|nd gas e|
|00002a80| 78 74 72 61 63 74 69 6f | 6e 20 69 6e 63 6f 6d 65 |xtractio|n income|
|00002a90| 2e 20 2d 2d 20 20 54 68 | 65 20 74 65 72 6d 20 8d |. -- Th|e term .|
|00002aa0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 22 66 |........|......"f|
|00002ab0| 6f 72 65 69 67 6e 20 6f | 69 6c 20 61 6e 64 20 67 |oreign o|il and g|
|00002ac0| 61 73 20 65 78 74 72 61 | 63 74 69 6f 6e 69 6e 63 |as extra|ctioninc|
|00002ad0| 6f 6d 65 22 20 6d 65 61 | 6e 73 20 74 68 65 20 74 |ome" mea|ns the t|
|00002ae0| 61 78 61 62 6c 65 20 69 | 6e 63 6f 6d 65 20 8d 0a |axable i|ncome ..|
|00002af0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 64 65 72 |........|.....der|
|00002b00| 69 76 65 64 20 66 72 6f | 6d 20 73 6f 75 72 63 65 |ived fro|m source|
|00002b10| 73 20 77 69 68 74 6f 75 | 74 20 74 68 65 20 55 6e |s wihtou|t the Un|
|00002b20| 69 74 65 64 20 53 74 61 | 74 65 73 20 61 6e 64 20 |ited Sta|tes and |
|00002b30| 69 74 73 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |its ....|........|
|00002b40| 0a 00 1d 70 6f 73 73 65 | 73 73 69 6f 6e 73 20 66 |...posse|ssions f|
|00002b50| 72 6f 6d 20 2d 2d 0d 0a | 1d 0a 00 09 08 07 08 07 |rom --..|........|
|00002b60| a0 0a 0a 00 1d 1d 0a 00 | 09 84 03 8c 0a 20 05 0a |........|..... ..|
|00002b70| 00 1d 28 41 29 1d 0a 00 | 09 68 01 10 0e 20 02 0a |..(A)...|.h... ..|
|00002b80| 00 1d 74 68 65 20 65 78 | 74 72 61 63 74 69 6f 6e |..the ex|traction|
|00002b90| 20 28 62 79 20 74 68 65 | 20 74 61 78 70 61 79 65 | (by the| taxpaye|
|00002ba0| 72 20 6f 72 20 61 6e 79 | 20 6f 74 68 65 72 20 70 |r or any| other p|
|00002bb0| 65 72 73 6f 6e 29 20 6f | 66 20 8d 0a 1d 0a 00 09 |erson) o|f ......|
|00002bc0| 08 07 08 07 a0 0a 0a 00 | 1d 6d 69 6e 65 72 61 6c |........|.mineral|
|00002bd0| 73 20 66 72 6f 6d 20 6f | 69 6c 20 6f 72 20 67 61 |s from o|il or ga|
|00002be0| 73 20 77 65 6c 6c 73 2c | 20 6f 72 0d 0a 1d 0a 00 |s wells,| or.....|
|00002bf0| 09 08 07 08 07 a0 0a 0a | 00 1d 1d 0a 00 09 84 03 |........|........|
|00002c00| 8c 0a 20 05 0a 00 1d 28 | 42 29 1d 0a 00 09 68 01 |.. ....(|B)....h.|
|00002c10| 10 0e 20 02 0a 00 1d 74 | 68 65 20 73 61 6c 65 20 |.. ....t|he sale |
|00002c20| 6f 72 20 65 78 63 68 61 | 6e 67 65 20 6f 66 20 61 |or excha|nge of a|
|00002c30| 73 73 65 74 73 20 75 73 | 65 64 20 62 79 20 74 68 |ssets us|ed by th|
|00002c40| 65 20 74 61 78 70 61 79 | 65 72 20 69 6e 20 8d 0a |e taxpay|er in ..|
|00002c50| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 74 68 65 |........|.....the|
|00002c60| 20 74 72 61 64 65 20 6f | 72 20 62 75 73 69 6e 65 | trade o|r busine|
|00002c70| 73 73 20 64 65 73 63 72 | 69 62 65 64 20 69 6e 20 |ss descr|ibed in |
|00002c80| 73 75 62 70 61 72 61 67 | 72 61 70 68 20 28 41 29 |subparag|raph (A)|
|00002c90| 2e 0d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |........|........|
|00002ca0| 1d 0a 00 09 84 03 8c 0a | 20 05 0a 00 1d 28 32 29 |........| ....(2)|
|00002cb0| 1d 0a 00 09 68 01 10 0e | 20 02 0a 00 1d 46 6f 72 |....h...| ....For|
|00002cc0| 65 69 67 6e 20 6f 69 6c | 20 72 65 6c 61 74 65 64 |eign oil| related|
|00002cd0| 20 69 6e 63 6f 6d 65 2e | 20 2d 2d 20 54 68 65 20 | income.| -- The |
|00002ce0| 74 65 72 6d 20 22 66 6f | 72 65 69 67 6e 20 6f 69 |term "fo|reign oi|
|00002cf0| 6c 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |l ......|........|
|00002d00| 1d 72 65 6c 61 74 65 64 | 20 69 6e 63 6f 6d 65 22 |.related| income"|
|00002d10| 20 6d 65 61 6e 73 20 74 | 68 65 20 74 61 78 61 62 | means t|he taxab|
|00002d20| 6c 65 20 69 6e 63 6f 6d | 65 20 64 65 72 69 76 65 |le incom|e derive|
|00002d30| 64 20 66 72 6f 6d 20 73 | 6f 75 72 63 65 73 20 8d |d from s|ources .|
|00002d40| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 6f 75 |........|......ou|
|00002d50| 74 73 69 64 65 20 74 68 | 65 20 55 6e 69 74 65 64 |tside th|e United|
|00002d60| 20 53 74 61 74 65 73 20 | 61 6e 64 20 69 74 73 20 | States |and its |
|00002d70| 70 6f 73 73 65 73 73 69 | 6f 6e 73 20 66 72 6f 6d |possessi|ons from|
|00002d80| 20 2d 2d 0d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a | --.....|........|
|00002d90| 00 1d 1d 0a 00 09 84 03 | 8c 0a 20 05 0a 00 1d 28 |........|.. ....(|
|00002da0| 41 29 1d 0a 00 09 68 01 | 10 0e 20 02 0a 00 1d 74 |A)....h.|.. ....t|
|00002db0| 68 65 20 70 72 6f 63 65 | 73 73 69 6e 67 20 6f 66 |he proce|ssing of|
|00002dc0| 20 6d 69 6e 65 72 61 6c | 73 20 65 78 74 72 61 63 | mineral|s extrac|
|00002dd0| 74 65 64 20 28 62 79 20 | 74 68 65 20 74 61 78 70 |ted (by |the taxp|
|00002de0| 61 79 65 72 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |ayer ...|........|
|00002df0| 0a 0a 00 1d 6f 72 20 62 | 79 20 61 6e 79 20 6f 74 |....or b|y any ot|
|00002e00| 68 65 72 20 70 65 72 73 | 6f 6e 29 20 66 72 6f 6d |her pers|on) from|
|00002e10| 20 6f 69 6c 20 6f 72 20 | 67 61 73 20 77 65 6c 6c | oil or |gas well|
|00002e20| 73 20 69 6e 74 6f 20 74 | 68 65 69 72 20 70 72 69 |s into t|heir pri|
|00002e30| 6d 61 72 79 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |mary ...|........|
|00002e40| 0a 0a 00 1d 70 72 6f 64 | 75 63 74 73 2c 0d 0a 1d |....prod|ucts,...|
|00002e50| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00002e60| 84 03 8c 0a 20 05 0a 00 | 1d 28 42 29 1d 0a 00 09 |.... ...|.(B)....|
|00002e70| 68 01 10 0e 20 02 0a 00 | 1d 74 68 65 20 74 72 61 |h... ...|.the tra|
|00002e80| 6e 73 70 6f 72 74 61 74 | 69 6f 6e 20 6f 66 20 73 |nsportat|ion of s|
|00002e90| 75 63 68 20 6d 69 6e 65 | 72 61 6c 73 20 6f 72 20 |uch mine|rals or |
|00002ea0| 70 72 69 6d 61 72 79 20 | 8d 0a 1d 0a 00 09 08 07 |primary |........|
|00002eb0| 08 07 a0 0a 0a 00 1d 70 | 72 6f 64 75 63 74 73 2c |.......p|roducts,|
|00002ec0| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|00002ed0| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 43 29 1d |....... |....(C).|
|00002ee0| 0a 00 09 68 01 10 0e 20 | 02 0a 00 1d 74 68 65 20 |...h... |....the |
|00002ef0| 64 69 73 74 72 69 62 75 | 74 69 6f 6e 20 6f 72 20 |distribu|tion or |
|00002f00| 73 61 6c 65 20 6f 66 20 | 73 75 63 68 20 6d 69 6e |sale of |such min|
|00002f10| 65 72 61 6c 73 20 6f 72 | 20 70 72 69 6d 61 72 79 |erals or| primary|
|00002f20| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00002f30| 70 72 6f 64 75 63 74 73 | 2c 0d 0a 1d 0a 00 09 08 |products|,.......|
|00002f40| 07 08 07 a0 0a 0a 00 1d | 1d 0a 00 09 84 03 8c 0a |........|........|
|00002f50| 20 05 0a 00 1d 28 44 29 | 1d 0a 00 09 68 01 10 0e | ....(D)|....h...|
|00002f60| 20 02 0a 00 1d 74 68 65 | 20 64 69 73 70 6f 73 69 | ....the| disposi|
|00002f70| 74 69 6f 6e 20 6f 66 20 | 61 73 73 65 74 73 20 75 |tion of |assets u|
|00002f80| 73 65 64 20 62 79 20 74 | 68 65 20 74 61 78 70 61 |sed by t|he taxpa|
|00002f90| 79 65 72 20 69 6e 20 74 | 68 65 20 8d 0a 1d 0a 00 |yer in t|he .....|
|00002fa0| 09 08 07 08 07 a0 0a 0a | 00 1d 74 72 61 64 65 20 |........|..trade |
|00002fb0| 6f 72 20 62 75 73 69 6e | 65 73 73 20 64 65 73 63 |or busin|ess desc|
|00002fc0| 72 69 62 65 64 20 69 6e | 20 73 75 62 70 61 72 61 |ribed in| subpara|
|00002fd0| 67 72 61 70 68 20 28 41 | 29 2c 20 28 42 29 2c 20 |graph (A|), (B), |
|00002fe0| 6f 72 20 28 43 29 2c 20 | 6f 72 0d 0a 1d 0a 00 09 |or (C), |or......|
|00002ff0| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00003000| 0a 20 05 0a 00 1d 28 45 | 29 1d 0a 00 09 68 01 10 |. ....(E|)....h..|
|00003010| 0e 20 02 0a 00 1d 74 68 | 65 20 70 65 72 66 6f 72 |. ....th|e perfor|
|00003020| 6d 61 6e 63 65 20 6f 66 | 20 61 6e 79 20 6f 74 68 |mance of| any oth|
|00003030| 65 72 20 72 65 6c 61 74 | 65 64 20 73 65 72 76 69 |er relat|ed servi|
|00003040| 63 65 2e 0d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |ce......|........|
|00003050| 00 1d 1d 0a 00 09 84 03 | 8c 0a 20 05 0a 00 1d 28 |........|.. ....(|
|00003060| 33 29 1d 0a 00 09 68 01 | 10 0e 20 02 0a 00 1d 44 |3)....h.|.. ....D|
|00003070| 69 76 69 64 65 6e 64 73 | 2c 20 69 6e 74 65 72 65 |ividends|, intere|
|00003080| 73 74 2c 20 70 61 72 74 | 6e 65 72 73 68 69 70 20 |st, part|nership |
|00003090| 64 69 73 74 72 69 62 75 | 74 69 6f 6e 2c 20 65 74 |distribu|tion, et|
|000030a0| 63 2e 20 2d 2d 20 20 8d | 0a 1d 0a 00 09 08 07 08 |c. -- .|........|
|000030b0| 07 a0 0a 0a 00 1d 54 68 | 65 20 74 65 72 6d 20 22 |......Th|e term "|
|000030c0| 66 6f 72 65 69 67 6e 20 | 6f 69 6c 20 61 6e 64 20 |foreign |oil and |
|000030d0| 67 61 73 20 65 78 74 72 | 61 63 74 69 6f 6e 20 69 |gas extr|action i|
|000030e0| 6e 63 6f 6d 65 22 20 61 | 6e 64 20 74 68 65 20 74 |ncome" a|nd the t|
|000030f0| 65 72 6d 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |erm ....|........|
|00003100| 0a 00 1d 22 66 6f 72 65 | 69 67 6e 20 6f 69 6c 20 |..."fore|ign oil |
|00003110| 72 65 6c 61 74 65 64 20 | 69 6e 63 6f 6d 65 22 20 |related |income" |
|00003120| 69 6e 63 6c 75 64 65 20 | 2d 2d 20 0d 0a 1d 0a 00 |include |-- .....|
|00003130| 09 08 07 08 07 a0 0a 0a | 00 1d 1d 0a 00 09 84 03 |........|........|
|00003140| 8c 0a 20 05 0a 00 1d 28 | 41 29 1d 0a 00 09 68 01 |.. ....(|A)....h.|
|00003150| 10 0e 20 02 0a 00 1d 64 | 69 76 69 64 65 6e 64 73 |.. ....d|ividends|
|00003160| 20 61 6e 64 20 69 6e 74 | 65 72 65 73 74 20 66 72 | and int|erest fr|
|00003170| 6f 6d 20 61 20 66 6f 72 | 65 69 67 6e 20 63 6f 72 |om a for|eign cor|
|00003180| 70 6f 72 61 74 69 6f 6e | 20 69 6e 20 8d 0a 1d 0a |poration| in ....|
|00003190| 00 09 08 07 08 07 a0 0a | 0a 00 1d 72 65 73 70 65 |........|...respe|
|000031a0| 63 74 20 6f 66 20 77 68 | 69 63 68 20 74 61 78 65 |ct of wh|ich taxe|
|000031b0| 73 20 61 72 65 20 64 65 | 65 6d 65 64 20 70 61 69 |s are de|emed pai|
|000031c0| 64 20 62 79 20 74 68 65 | 20 74 61 78 70 61 79 65 |d by the| taxpaye|
|000031d0| 72 20 75 6e 64 65 72 20 | 8d 0a 1d 0a 00 09 08 07 |r under |........|
|000031e0| 08 07 a0 0a 0a 00 1d 73 | 65 74 69 6f 6e 20 39 30 |.......s|etion 90|
|000031f0| 32 2c 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |2,......|........|
|00003200| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 42 |........|. ....(B|
|00003210| 29 1d 0a 00 09 68 01 10 | 0e 20 02 0a 00 1d 61 6d |)....h..|. ....am|
|00003220| 6f 75 6e 74 73 20 77 69 | 74 68 20 72 65 73 70 65 |ounts wi|th respe|
|00003230| 63 74 20 74 6f 20 77 68 | 69 63 68 20 74 61 78 65 |ct to wh|ich taxe|
|00003240| 73 20 61 72 65 20 64 65 | 65 6d 65 64 20 70 61 69 |s are de|emed pai|
|00003250| 64 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |d ......|........|
|00003260| 1d 75 6e 64 65 72 20 73 | 65 63 74 69 6f 6e 20 39 |.under s|ection 9|
|00003270| 36 30 28 61 29 2c 20 61 | 6e 64 0d 0a 1d 0a 00 09 |60(a), a|nd......|
|00003280| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00003290| 0a 20 05 0a 00 1d 28 43 | 29 1d 0a 00 09 68 01 10 |. ....(C|)....h..|
|000032a0| 0e 20 02 0a 00 1d 74 68 | 65 20 74 61 78 70 61 79 |. ....th|e taxpay|
|000032b0| 65 72 27 73 20 64 69 73 | 74 72 69 62 75 74 69 76 |er's dis|tributiv|
|000032c0| 65 20 73 68 61 72 65 20 | 6f 66 20 74 68 65 20 69 |e share |of the i|
|000032d0| 6e 63 6f 6d 65 20 6f 66 | 20 8d 0a 1d 0a 00 09 08 |ncome of| .......|
|000032e0| 07 08 07 a0 0a 0a 00 1d | 70 61 72 74 6e 65 72 73 |........|partners|
|000032f0| 68 69 70 73 2e 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |hips....|........|
|00003300| 0a 0a 00 1d 74 6f 20 74 | 68 65 20 65 78 74 65 6e |....to t|he exten|
|00003310| 74 20 73 75 63 68 20 64 | 69 76 69 64 65 6e 64 73 |t such d|ividends|
|00003320| 2c 20 69 6e 74 65 72 65 | 73 74 2c 20 61 6d 6f 75 |, intere|st, amou|
|00003330| 6e 74 73 2c 20 6f 72 20 | 64 69 73 74 72 69 62 75 |nts, or |distribu|
|00003340| 74 69 76 65 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |tive ...|........|
|00003350| 0a 0a 00 1d 73 68 61 72 | 65 20 69 73 20 61 74 74 |....shar|e is att|
|00003360| 72 69 62 75 74 61 62 6c | 65 20 74 6f 20 66 6f 72 |ributabl|e to for|
|00003370| 65 69 67 6e 20 6f 69 6c | 20 61 6e 64 20 67 61 73 |eign oil| and gas|
|00003380| 20 65 78 74 72 61 63 74 | 69 6f 6e 20 69 6e 63 6f | extract|ion inco|
|00003390| 6d 65 2c 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |me, ....|........|
|000033a0| 0a 00 1d 6f 72 20 74 6f | 20 66 6f 72 65 69 67 6e |...or to| foreign|
|000033b0| 20 6f 69 6c 20 72 65 61 | 6c 74 65 64 20 69 6e 63 | oil rea|lted inc|
|000033c0| 6f 6d 65 73 2c 20 61 73 | 20 74 68 65 20 63 61 73 |omes, as| the cas|
|000033d0| 65 20 6d 61 79 20 62 65 | 3b 20 65 78 63 65 70 74 |e may be|; except|
|000033e0| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|000033f0| 74 68 61 74 20 69 6e 74 | 65 72 65 73 74 20 64 65 |that int|erest de|
|00003400| 73 63 72 69 62 65 64 20 | 69 6e 20 73 75 62 70 61 |scribed |in subpa|
|00003410| 72 61 67 72 61 70 68 20 | 28 41 29 20 73 68 61 6c |ragraph |(A) shal|
|00003420| 6c 20 6e 6f 74 20 62 65 | 20 74 61 6b 65 6e 20 8d |l not be| taken .|
|00003430| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 69 6e |........|......in|
|00003440| 74 6f 20 61 63 63 6f 75 | 6e 74 20 69 6e 20 63 6f |to accou|nt in co|
|00003450| 6d 70 75 74 69 6e 67 20 | 66 6f 72 65 69 67 6e 20 |mputing |foreign |
|00003460| 6f 69 6c 20 61 6e 64 20 | 67 61 73 20 65 78 74 72 |oil and |gas extr|
|00003470| 61 63 74 69 6f 6e 20 69 | 6e 63 6f 6d 65 20 8d 0a |action i|ncome ..|
|00003480| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 62 75 74 |........|.....but|
|00003490| 20 73 68 61 6c 6c 20 62 | 65 20 74 61 6b 65 6e 20 | shall b|e taken |
|000034a0| 69 6e 74 6f 20 61 63 63 | 6f 75 6e 74 20 69 6e 20 |into acc|ount in |
|000034b0| 63 6f 6d 70 75 74 69 6e | 67 20 66 6f 72 65 69 67 |computin|g foreig|
|000034c0| 6e 20 6f 69 6c 2d 72 65 | 6c 61 74 65 64 20 8d 0a |n oil-re|lated ..|
|000034d0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 69 6e 63 |........|.....inc|
|000034e0| 6f 6d 65 2e 0d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |ome.....|........|
|000034f0| 0a 00 1d 1d 0a 00 09 84 | 03 8c 0a 20 05 0a 00 1d |........|... ....|
|00003500| 28 34 29 1d 0a 00 09 68 | 01 10 0e 20 02 0a 00 1d |(4)....h|... ....|
|00003510| 52 65 63 61 70 74 75 72 | 65 20 6f 66 20 66 6f 72 |Recaptur|e of for|
|00003520| 65 69 67 6e 20 6f 69 6c | 20 61 6e 64 20 67 61 73 |eign oil| and gas|
|00003530| 20 65 78 74 72 61 63 74 | 69 6f 6e 20 6c 6f 73 73 | extract|ion loss|
|00003540| 65 73 20 62 79 20 8d 0a | 1d 0a 00 09 08 07 08 07 |es by ..|........|
|00003550| a0 0a 0a 00 1d 72 65 63 | 68 61 72 61 63 74 65 72 |.....rec|haracter|
|00003560| 69 7a 69 6e 67 20 6c 61 | 74 65 72 20 65 78 74 72 |izing la|ter extr|
|00003570| 61 63 74 69 6f 6e 20 69 | 6e 63 6f 6d 65 2e 20 2d |action i|ncome. -|
|00003580| 2d 0d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |-.......|........|
|00003590| 1d 0a 00 09 84 03 8c 0a | 20 05 0a 00 1d 28 41 29 |........| ....(A)|
|000035a0| 1d 0a 00 09 68 01 10 0e | 20 02 0a 00 1d 49 6e 20 |....h...| ....In |
|000035b0| 67 65 6e 65 72 61 6c 2e | 20 2d 2d 20 20 54 68 61 |general.| -- Tha|
|000035c0| 74 20 70 6f 72 74 69 6f | 6e 20 6f 66 20 74 68 65 |t portio|n of the|
|000035d0| 20 69 6e 63 6f 6d 65 20 | 6f 66 20 74 68 65 20 8d | income |of the .|
|000035e0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 74 61 |........|......ta|
|000035f0| 78 70 79 61 65 72 20 66 | 6f 72 20 74 68 65 20 74 |xpyaer f|or the t|
|00003600| 61 78 61 62 6c 65 20 79 | 65 61 72 20 77 68 69 63 |axable y|ear whic|
|00003610| 68 20 28 62 75 74 20 66 | 6f 72 20 74 68 69 73 20 |h (but f|or this |
|00003620| 70 61 72 61 67 72 61 70 | 68 29 20 8d 0a 1d 0a 00 |paragrap|h) .....|
|00003630| 09 08 07 08 07 a0 0a 0a | 00 1d 77 6f 75 6c 64 20 |........|..would |
|00003640| 62 65 20 74 72 65 61 74 | 65 64 20 61 73 20 66 6f |be treat|ed as fo|
|00003650| 72 65 69 67 6e 20 6f 69 | 6c 20 61 6e 64 20 67 61 |reign oi|l and ga|
|00003660| 73 20 65 78 72 61 63 74 | 69 6f 6e 20 69 6e 63 6f |s exract|ion inco|
|00003670| 6d 65 20 73 68 61 6c 6c | 20 62 65 20 8d 0a 1d 0a |me shall| be ....|
|00003680| 00 09 08 07 08 07 a0 0a | 0a 00 1d 74 72 65 61 74 |........|...treat|
|00003690| 65 64 20 61 73 20 69 6e | 63 6f 6d 65 20 28 66 72 |ed as in|come (fr|
|000036a0| 6f 6d 20 73 6f 75 72 63 | 65 73 20 77 69 74 68 6f |om sourc|es witho|
|000036b0| 75 74 20 74 68 65 20 55 | 6e 69 74 65 64 20 53 74 |ut the U|nited St|
|000036c0| 61 74 65 73 29 20 77 68 | 69 63 68 20 8d 0a 1d 0a |ates) wh|ich ....|
|000036d0| 00 09 08 07 08 07 a0 0a | 0a 00 1d 69 73 20 6e 6f |........|...is no|
|000036e0| 74 20 66 6f 72 65 69 67 | 6e 20 6f 69 6c 20 61 6e |t foreig|n oil an|
|000036f0| 64 20 67 61 73 20 65 78 | 74 72 61 63 74 69 6f 6e |d gas ex|traction|
|00003700| 20 69 6e 63 6f 6d 65 20 | 74 6f 20 74 68 65 20 65 | income |to the e|
|00003710| 78 74 65 6e 74 20 6f 66 | 20 74 68 65 20 8d 0a 1d |xtent of| the ...|
|00003720| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 65 78 63 65 |........|....exce|
|00003730| 73 73 20 6f 66 20 2d 2d | 0d 0a 1d 20 00 0b f0 00 |ss of --|... ....|
|00003740| 36 00 00 00 a0 32 01 00 | 00 00 00 00 00 00 00 00 |6....2..|........|
|00003750| 00 00 00 00 00 00 00 00 | 00 00 20 00 1d 8d 8a 1d |........|.. .....|
|00003760| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00003770| 84 03 8c 0a 20 05 0a 00 | 1d 28 69 29 1d 0a 00 09 |.... ...|.(i)....|
|00003780| 68 01 10 0e 20 02 0a 00 | 1d 74 68 65 20 61 67 67 |h... ...|.the agg|
|00003790| 72 65 67 61 74 65 20 61 | 6d 6f 75 6e 74 20 6f 66 |regate a|mount of|
|000037a0| 20 66 6f 72 65 69 67 6e | 20 6f 69 6c 20 65 78 74 | foreign| oil ext|
|000037b0| 72 61 63 74 69 6f 6e 20 | 6c 6f 73 73 65 73 20 8d |raction |losses .|
|000037c0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 66 6f |........|......fo|
|000037d0| 72 20 70 72 65 63 65 64 | 69 6e 67 20 74 61 78 61 |r preced|ing taxa|
|000037e0| 62 6c 65 20 79 65 61 72 | 73 20 62 65 67 69 6e 6e |ble year|s beginn|
|000037f0| 69 6e 67 20 61 66 74 65 | 72 20 44 65 63 65 6d 62 |ing afte|r Decemb|
|00003800| 65 72 20 33 31 2c 20 31 | 39 38 32 2c 20 8d 0a 1d |er 31, 1|982, ...|
|00003810| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 6f 76 65 72 |........|....over|
|00003820| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|00003830| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 69 69 29 |....... |....(ii)|
|00003840| 1d 0a 00 09 b4 00 10 0e | 20 01 0a 00 1d 73 6f 20 |........| ....so |
|00003850| 6d 75 63 68 20 6f 66 20 | 73 75 63 68 20 61 67 67 |much of |such agg|
|00003860| 72 65 67 61 74 65 20 61 | 6d 6f 75 6e 74 20 61 73 |regate a|mount as|
|00003870| 20 77 61 73 20 72 65 63 | 68 61 72 61 63 74 65 72 | was rec|haracter|
|00003880| 69 7a 65 64 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |ized ...|........|
|00003890| 0a 0a 00 1d 75 6e 64 65 | 72 20 74 68 69 73 20 73 |....unde|r this s|
|000038a0| 75 62 70 61 72 61 67 72 | 61 70 68 20 66 6f 72 20 |ubparagr|aph for |
|000038b0| 70 72 65 63 65 64 69 6e | 67 20 74 61 78 61 62 6c |precedin|g taxabl|
|000038c0| 65 20 79 65 61 72 73 20 | 62 65 67 69 6e 6e 69 6e |e years |beginnin|
|000038d0| 67 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |g ......|........|
|000038e0| 1d 61 66 74 65 72 20 44 | 65 63 65 6d 62 65 72 20 |.after D|ecember |
|000038f0| 33 31 2c 20 31 39 38 32 | 2e 0d 0a 1d 0a 00 09 08 |31, 1982|........|
|00003900| 07 08 07 a0 0a 0a 00 1d | 1d 0a 00 09 84 03 8c 0a |........|........|
|00003910| 20 05 0a 00 1d 28 42 29 | 1d 0a 00 09 68 01 10 0e | ....(B)|....h...|
|00003920| 20 02 0a 00 1d 46 6f 72 | 65 69 67 6e 20 6f 69 6c | ....For|eign oil|
|00003930| 20 65 78 74 72 61 63 74 | 69 6f 6e 20 6c 6f 73 73 | extract|ion loss|
|00003940| 20 64 65 66 69 6e 65 64 | 2e 20 2d 2d 0d 0a 1d 0a | defined|. --....|
|00003950| 00 09 08 07 08 07 a0 0a | 0a 00 1d 1d 0a 00 09 84 |........|........|
|00003960| 03 8c 0a 20 05 0a 00 1d | 28 69 29 1d 0a 00 09 68 |... ....|(i)....h|
|00003970| 01 10 0e 20 02 0a 00 1d | 49 6e 20 67 65 6e 65 72 |... ....|In gener|
|00003980| 61 6c 2e 20 2d 2d 20 20 | 46 6f 72 20 70 75 72 70 |al. -- |For purp|
|00003990| 6f 73 65 73 20 6f 66 20 | 74 68 69 73 20 70 61 72 |oses of |this par|
|000039a0| 61 67 72 61 70 68 2c 20 | 74 68 65 20 8d 0a 1d 0a |agraph, |the ....|
|000039b0| 00 09 08 07 08 07 a0 0a | 0a 00 1d 74 65 72 6d 20 |........|...term |
|000039c0| 22 66 6f 72 65 69 67 6e | 20 6f 69 6c 20 65 78 74 |"foreign| oil ext|
|000039d0| 72 61 63 74 69 6f 6e 20 | 6c 6f 73 73 22 20 6d 65 |raction |loss" me|
|000039e0| 61 6e 73 20 74 68 65 20 | 61 6d 6f 75 6e 74 20 62 |ans the |amount b|
|000039f0| 79 20 77 68 69 63 68 20 | 2d 2d 0d 0a 1d 0a 00 09 |y which |--......|
|00003a00| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00003a10| 0a 20 05 0a 00 1d 28 49 | 29 1d 0a 00 09 68 01 10 |. ....(I|)....h..|
|00003a20| 0e 20 02 0a 00 1d 74 68 | 65 20 67 72 6f 73 73 20 |. ....th|e gross |
|00003a30| 69 6e 63 6f 6d 65 20 66 | 6f 72 20 74 68 65 20 74 |income f|or the t|
|00003a40| 61 78 61 62 6c 65 20 79 | 65 61 72 20 66 72 6f 6d |axable y|ear from|
|00003a50| 20 73 6f 75 72 63 65 73 | 20 8d 0a 1d 0a 00 09 08 | sources| .......|
|00003a60| 07 08 07 a0 0a 0a 00 1d | 77 69 74 68 6f 75 74 20 |........|without |
|00003a70| 74 68 65 20 55 6e 69 74 | 65 64 20 53 74 61 74 65 |the Unit|ed State|
|00003a80| 73 20 61 6e 64 20 69 74 | 73 20 70 6f 73 73 65 73 |s and it|s posses|
|00003a90| 73 69 6f 6e 73 20 28 77 | 68 65 74 68 65 72 20 6f |sions (w|hether o|
|00003aa0| 72 20 6e 6f 74 20 74 68 | 65 20 8d 0a 1d 0a 00 09 |r not th|e ......|
|00003ab0| 08 07 08 07 a0 0a 0a 00 | 1d 74 61 78 70 61 79 65 |........|.taxpaye|
|00003ac0| 72 20 63 68 6f 6f 73 65 | 73 20 74 68 65 20 62 65 |r choose|s the be|
|00003ad0| 6e 65 66 69 74 73 20 6f | 66 20 74 68 69 73 20 73 |nefits o|f this s|
|00003ae0| 75 62 70 61 72 74 20 66 | 6f 72 20 73 75 63 68 20 |ubpart f|or such |
|00003af0| 74 61 78 61 62 6c 65 20 | 8d 0a 1d 0a 00 09 08 07 |taxable |........|
|00003b00| 08 07 a0 0a 0a 00 1d 79 | 65 61 72 29 20 74 61 6b |.......y|ear) tak|
|00003b10| 65 6e 20 69 6e 74 6f 20 | 61 63 63 6f 75 6e 74 20 |en into |account |
|00003b20| 69 6e 20 64 65 74 65 72 | 6d 69 6e 69 6e 67 20 74 |in deter|mining t|
|00003b30| 68 65 20 66 6f 72 65 69 | 67 6e 20 6f 69 6c 20 61 |he forei|gn oil a|
|00003b40| 6e 64 20 67 61 73 20 8d | 0a 1d 0a 00 09 08 07 08 |nd gas .|........|
|00003b50| 07 a0 0a 0a 00 1d 65 78 | 74 72 61 63 74 69 6f 6e |......ex|traction|
|00003b60| 20 69 6e 63 6f 6d 65 20 | 66 6f 72 20 73 75 63 68 | income |for such|
|00003b70| 20 79 65 61 72 2c 20 69 | 73 20 65 78 63 65 65 64 | year, i|s exceed|
|00003b80| 65 64 20 62 79 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |ed by...|........|
|00003b90| 0a 0a 00 1d 1d 0a 00 09 | 84 03 8c 0a 20 05 0a 00 |........|.... ...|
|00003ba0| 1d 28 49 49 29 1d 0a 00 | 09 b4 00 10 0e 20 01 0a |.(II)...|..... ..|
|00003bb0| 00 1d 20 74 68 65 20 73 | 75 6d 20 6f 66 20 74 68 |.. the s|um of th|
|00003bc0| 65 20 64 65 64 75 63 74 | 69 6f 6e 73 20 70 72 6f |e deduct|ions pro|
|00003bd0| 70 65 72 6c 79 20 61 70 | 70 6f 72 74 69 6f 6e 65 |perly ap|portione|
|00003be0| 64 20 6f 72 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |d or ...|........|
|00003bf0| 0a 0a 00 1d 61 6c 6c 6f | 63 61 74 65 64 20 74 68 |....allo|cated th|
|00003c00| 65 72 65 74 6f 2e 0d 0a | 1d 0a 00 09 08 07 08 07 |ereto...|........|
|00003c10| a0 0a 0a 00 1d 1d 0a 00 | 09 84 03 8c 0a 20 05 0a |........|..... ..|
|00003c20| 00 1d 28 69 69 29 1d 0a | 00 09 b4 00 10 0e 20 01 |..(ii)..|...... .|
|00003c30| 0a 00 1d 4e 65 74 20 6f | 70 65 72 61 74 69 6e 67 |...Net o|perating|
|00003c40| 20 6c 6f 73 73 20 64 65 | 64 75 63 74 69 6f 6e 20 | loss de|duction |
|00003c50| 6e 6f 74 20 74 61 6b 65 | 6e 20 69 6e 74 6f 20 61 |not take|n into a|
|00003c60| 63 63 6f 75 6e 74 2e 20 | 2d 2d 20 20 8d 0a 1d 0a |ccount. |-- ....|
|00003c70| 00 09 08 07 08 07 a0 0a | 0a 00 1d 46 6f 72 20 70 |........|...For p|
|00003c80| 75 72 70 6f 73 65 73 20 | 6f 66 20 63 6c 61 75 73 |urposes |of claus|
|00003c90| 65 20 28 69 29 2c 20 74 | 68 65 20 6e 65 74 20 6f |e (i), t|he net o|
|00003ca0| 70 65 72 61 74 69 6e 67 | 20 6c 6f 73 73 20 64 65 |perating| loss de|
|00003cb0| 64 75 63 74 69 6f 6e 20 | 8d 0a 1d 0a 00 09 08 07 |duction |........|
|00003cc0| 08 07 a0 0a 0a 00 1d 61 | 6c 6c 6f 77 61 62 6c 65 |.......a|llowable|
|00003cd0| 20 66 6f 72 20 74 68 65 | 20 74 61 78 61 62 6c 65 | for the| taxable|
|00003ce0| 20 79 65 61 72 20 75 6e | 64 65 72 20 73 65 63 74 | year un|der sect|
|00003cf0| 69 6f 6e 20 31 37 32 28 | 61 29 20 73 68 61 6c 6c |ion 172(|a) shall|
|00003d00| 20 6e 6f 74 20 62 65 20 | 8d 0a 1d 0a 00 09 08 07 | not be |........|
|00003d10| 08 07 a0 0a 0a 00 1d 74 | 61 6b 65 6e 20 69 6e 74 |.......t|aken int|
|00003d20| 6f 20 61 63 63 6f 75 6e | 74 2e 0d 0a 1d 0a 00 09 |o accoun|t.......|
|00003d30| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00003d40| 0a 20 05 0a 00 1d 28 69 | 69 69 29 20 45 78 70 72 |. ....(i|ii) Expr|
|00003d50| 6f 70 72 69 61 74 69 6f | 6e 20 61 6e 64 20 63 61 |opriatio|n and ca|
|00003d60| 73 75 61 6c 74 79 20 6c | 6f 73 73 65 73 20 6e 6f |sualty l|osses no|
|00003d70| 74 20 74 61 6b 65 6e 20 | 69 6e 74 6f 20 8d 0a 1d |t taken |into ...|
|00003d80| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 61 63 63 6f |........|....acco|
|00003d90| 75 6e 74 2e 20 2d 2d 0d | 0a 1d 0a 00 09 08 07 08 |unt. --.|........|
|00003da0| 07 a0 0a 0a 00 1d 1d 0a | 00 09 84 03 8c 0a 20 05 |........|...... .|
|00003db0| 0a 00 1d 46 6f 72 20 70 | 75 72 70 6f 73 65 73 20 |...For p|urposes |
|00003dc0| 6f 66 20 63 6c 61 75 73 | 65 20 28 69 29 2c 20 74 |of claus|e (i), t|
|00003dd0| 68 65 72 65 20 73 68 61 | 6c 6c 20 6e 6f 74 20 62 |here sha|ll not b|
|00003de0| 65 20 74 61 6b 65 6e 20 | 69 6e 74 6f 20 8d 0a 1d |e taken |into ...|
|00003df0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 61 63 63 6f |........|....acco|
|00003e00| 75 6e 74 20 2d 2d 0d 0a | 1d 0a 00 09 08 07 08 07 |unt --..|........|
|00003e10| a0 0a 0a 00 1d 1d 0a 00 | 09 84 03 8c 0a 20 05 0a |........|..... ..|
|00003e20| 00 1d 28 49 29 1d 0a 00 | 09 68 01 10 0e 20 02 0a |..(I)...|.h... ..|
|00003e30| 00 1d 61 6e 79 20 66 6f | 72 65 69 67 6e 20 65 78 |..any fo|reign ex|
|00003e40| 70 72 6f 70 72 69 61 74 | 69 6f 6e 20 6c 6f 73 73 |propriat|ion loss|
|00003e50| 20 28 61 73 20 64 65 66 | 69 6e 65 64 20 69 6e 20 | (as def|ined in |
|00003e60| 73 65 63 74 69 6f 6e 20 | 8d 0a 1d 0a 00 09 08 07 |section |........|
|00003e70| 08 07 a0 0a 0a 00 1d 31 | 37 32 28 68 29 29 20 66 |.......1|72(h)) f|
|00003e80| 6f 72 20 74 68 65 20 74 | 61 78 61 62 6c 65 20 79 |or the t|axable y|
|00003e90| 65 61 72 2c 20 6f 72 0d | 0a 1d 0a 00 09 08 07 08 |ear, or.|........|
|00003ea0| 07 a0 0a 0a 00 1d 1d 0a | 00 09 84 03 8c 0a 20 05 |........|...... .|
|00003eb0| 0a 00 1d 28 49 49 29 1d | 0a 00 09 b4 00 10 0e 20 |...(II).|....... |
|00003ec0| 01 0a 00 1d 61 6e 79 20 | 6c 6f 73 73 20 66 6f 72 |....any |loss for|
|00003ed0| 20 74 68 65 20 74 61 78 | 61 62 6c 65 20 79 65 61 | the tax|able yea|
|00003ee0| 72 20 77 68 69 63 68 20 | 61 72 69 73 65 73 20 66 |r which |arises f|
|00003ef0| 72 6f 6d 20 66 69 72 65 | 2c 20 8d 0a 1d 0a 00 09 |rom fire|, ......|
|00003f00| 08 07 08 07 a0 0a 0a 00 | 1d 73 74 6f 72 6d 2c 20 |........|.storm, |
|00003f10| 73 68 69 70 77 72 65 63 | 6b 2c 20 6f 72 20 6f 74 |shipwrec|k, or ot|
|00003f20| 68 65 72 20 63 61 73 75 | 61 6c 74 79 2c 20 6f 72 |her casu|alty, or|
|00003f30| 20 66 72 6f 6d 20 74 68 | 65 66 74 2c 0d 0a 1d 0a | from th|eft,....|
|00003f40| 00 09 08 07 08 07 a0 0a | 0a 00 1d 74 6f 20 74 68 |........|...to th|
|00003f50| 65 20 65 78 74 65 6e 74 | 20 73 75 63 68 20 6c 6f |e extent| such lo|
|00003f60| 73 73 20 69 73 20 6e 6f | 74 20 63 6f 6d 70 65 6e |ss is no|t compen|
|00003f70| 73 61 74 65 64 20 66 6f | 72 20 62 79 20 69 6e 73 |sated fo|r by ins|
|00003f80| 75 72 61 6e 63 65 20 6f | 72 20 8d 0a 1d 0a 00 09 |urance o|r ......|
|00003f90| 08 07 08 07 a0 0a 0a 00 | 1d 6f 74 68 65 72 77 69 |........|.otherwi|
|00003fa0| 73 65 2e 0d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |se......|........|
|00003fb0| 00 1d 1d 0a 00 09 84 03 | 8c 0a 20 05 0a 00 1d 28 |........|.. ....(|
|00003fc0| 35 29 1d 0a 00 09 68 01 | 10 0e 20 02 0a 00 1d 4f |5)....h.|.. ....O|
|00003fd0| 69 6c 20 61 6e 64 20 67 | 61 73 20 65 78 74 72 61 |il and g|as extra|
|00003fe0| 63 74 69 6f 6e 20 74 61 | 78 65 73 2e 20 2d 2d 20 |ction ta|xes. -- |
|00003ff0| 20 54 68 65 20 74 65 72 | 6d 20 22 6f 69 6c 20 61 | The ter|m "oil a|
|00004000| 6e 64 20 67 61 73 20 8d | 0a 1d 0a 00 09 08 07 08 |nd gas .|........|
|00004010| 07 a0 0a 0a 00 1d 65 78 | 74 72 61 63 74 69 6f 6e |......ex|traction|
|00004020| 20 74 61 78 65 73 22 20 | 6d 65 61 6e 73 20 61 6e | taxes" |means an|
|00004030| 79 20 69 6e 63 6f 6d 65 | 2c 20 77 61 72 20 70 72 |y income|, war pr|
|00004040| 6f 66 69 74 73 2c 20 61 | 6e 64 20 65 78 63 65 73 |ofits, a|nd exces|
|00004050| 73 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |s ......|........|
|00004060| 1d 70 72 6f 66 69 74 73 | 20 74 61 78 65 73 22 20 |.profits| taxes" |
|00004070| 6d 65 61 6e 73 20 61 6e | 79 20 69 6e 63 6f 6d 65 |means an|y income|
|00004080| 2c 20 77 61 72 20 70 72 | 6f 66 69 74 73 2c 20 61 |, war pr|ofits, a|
|00004090| 6e 64 20 65 78 63 65 73 | 73 20 70 72 6f 66 69 74 |nd exces|s profit|
|000040a0| 73 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |s ......|........|
|000040b0| 1d 74 61 78 20 70 61 69 | 64 20 6f 72 20 61 63 63 |.tax pai|d or acc|
|000040c0| 72 75 65 64 20 28 6f 72 | 20 64 65 65 6d 65 64 20 |rued (or| deemed |
|000040d0| 74 6f 20 68 61 76 65 20 | 62 65 65 6e 20 70 61 69 |to have |been pai|
|000040e0| 64 20 75 6e 64 65 72 20 | 73 65 63 74 69 6f 6e 20 |d under |section |
|000040f0| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 39 |........|.......9|
|00004100| 30 32 20 6f 72 20 39 36 | 30 29 20 64 75 72 69 6e |02 or 96|0) durin|
|00004110| 67 20 74 68 65 20 74 61 | 78 61 62 6c 65 20 79 65 |g the ta|xable ye|
|00004120| 61 72 20 77 69 74 68 20 | 72 65 73 70 65 63 74 20 |ar with |respect |
|00004130| 74 6f 20 66 6f 72 65 69 | 67 6e 20 6f 69 6c 20 8d |to forei|gn oil .|
|00004140| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 61 6e |........|......an|
|00004150| 64 20 67 61 73 20 65 78 | 74 72 61 63 74 69 6f 6e |d gas ex|traction|
|00004160| 20 69 6e 63 6f 6d 65 20 | 28 64 65 74 65 72 6d 69 | income |(determi|
|00004170| 6e 65 64 20 77 69 74 68 | 6f 75 74 20 72 65 67 61 |ned with|out rega|
|00004180| 72 64 20 74 6f 20 70 61 | 72 61 67 72 61 70 68 20 |rd to pa|ragraph |
|00004190| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 28 |........|.......(|
|000041a0| 34 29 29 20 6f 72 20 6c | 6f 73 73 20 77 68 69 63 |4)) or l|oss whic|
|000041b0| 68 20 77 6f 75 6c 64 20 | 62 65 20 74 61 6b 65 6e |h would |be taken|
|000041c0| 20 69 6e 74 6f 20 61 63 | 63 6f 75 6e 74 20 66 6f | into ac|count fo|
|000041d0| 72 20 70 75 72 70 6f 73 | 65 73 20 6f 66 20 8d 0a |r purpos|es of ..|
|000041e0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 73 65 63 |........|.....sec|
|000041f0| 74 69 6f 6e 20 39 30 31 | 20 77 69 74 68 6f 75 74 |tion 901| without|
|00004200| 20 72 65 67 61 72 64 20 | 74 6f 20 74 68 69 73 20 | regard |to this |
|00004210| 73 65 63 74 69 6f 6e 2e | 0d 0a 1d 0a 00 09 08 07 |section.|........|
|00004220| 08 07 a0 0a 0a 00 1d 1d | 0a 00 09 84 03 8c 0a 20 |........|....... |
|00004230| 05 0a 00 1d 28 64 29 1d | 0a 00 09 68 01 10 0e 20 |....(d).|...h... |
|00004240| 02 0a 00 1d 44 69 73 72 | 65 67 61 72 64 20 6f 66 |....Disr|egard of|
|00004250| 20 63 65 72 74 61 69 6e | 20 70 6f 73 74 65 64 20 | certain| posted |
|00004260| 70 72 69 63 65 73 2c 20 | 65 74 63 2e 20 2d 2d 20 |prices, |etc. -- |
|00004270| 20 46 6f 72 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 | For ...|........|
|00004280| 0a 0a 00 1d 70 75 72 70 | 6f 73 65 73 20 6f 66 20 |....purp|oses of |
|00004290| 74 68 69 73 20 63 68 61 | 70 74 65 72 2c 20 69 6e |this cha|pter, in|
|000042a0| 20 64 65 74 65 72 6d 69 | 6e 69 6e 67 20 74 68 65 | determi|ning the|
|000042b0| 20 61 6d 6f 75 6e 74 20 | 6f 66 20 74 61 78 61 62 | amount |of taxab|
|000042c0| 6c 65 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |le .....|........|
|000042d0| 00 1d 69 6e 63 6f 6d 65 | 20 69 6e 20 74 68 65 20 |..income| in the |
|000042e0| 63 61 73 65 20 6f 66 20 | 66 6f 72 65 69 67 6e 20 |case of |foreign |
|000042f0| 6f 69 6c 20 61 6e 64 20 | 67 61 73 20 65 78 74 72 |oil and |gas extr|
|00004300| 61 63 74 69 6f 6e 20 69 | 6e 63 6f 6d 65 2c 20 69 |action i|ncome, i|
|00004310| 66 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |f ......|........|
|00004320| 1d 74 68 65 20 6f 69 6c | 20 6f 72 20 67 61 73 20 |.the oil| or gas |
|00004330| 69 73 20 64 69 73 70 6f | 73 65 64 20 6f 66 2c 20 |is dispo|sed of, |
|00004340| 6f 72 20 69 73 20 61 63 | 71 75 69 72 65 64 20 6f |or is ac|quired o|
|00004350| 74 68 65 72 20 74 68 61 | 6e 20 66 72 6f 6d 20 74 |ther tha|n from t|
|00004360| 68 65 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |he .....|........|
|00004370| 00 1d 67 6f 76 65 72 6e | 6d 65 6e 74 20 6f 66 20 |..govern|ment of |
|00004380| 61 20 66 6f 72 65 69 67 | 6e 20 63 6f 75 6e 74 72 |a foreig|n countr|
|00004390| 79 2c 20 61 74 20 61 20 | 70 6f 73 74 65 64 20 70 |y, at a |posted p|
|000043a0| 72 69 63 65 20 28 6f 72 | 20 6f 74 68 65 72 20 8d |rice (or| other .|
|000043b0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 70 72 |........|......pr|
|000043c0| 69 63 69 6e 67 20 61 72 | 72 61 6e 67 65 6d 65 6e |icing ar|rangemen|
|000043d0| 74 29 20 77 68 69 63 68 | 20 64 69 66 66 65 72 73 |t) which| differs|
|000043e0| 20 66 72 6f 6d 20 74 68 | 65 20 66 61 69 72 20 6d | from th|e fair m|
|000043f0| 61 72 6b 65 74 20 76 61 | 6c 75 65 20 66 6f 72 20 |arket va|lue for |
|00004400| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 73 |........|.......s|
|00004410| 75 63 68 20 6f 69 6c 20 | 6f 72 20 67 61 73 2c 20 |uch oil |or gas, |
|00004420| 73 75 63 68 20 66 61 69 | 72 20 6d 61 72 6b 65 74 |such fai|r market|
|00004430| 20 76 61 6c 75 65 20 73 | 68 61 6c 6c 20 62 65 20 | value s|hall be |
|00004440| 73 75 65 64 20 69 6e 20 | 6c 69 65 75 20 6f 66 20 |sued in |lieu of |
|00004450| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 73 |........|.......s|
|00004460| 75 63 68 20 70 6f 73 74 | 65 64 20 70 72 69 63 65 |uch post|ed price|
|00004470| 20 28 6f 72 20 6f 74 68 | 65 72 20 70 72 69 63 69 | (or oth|er prici|
|00004480| 6e 67 20 61 72 72 61 6e | 67 65 6d 65 6e 74 29 2e |ng arran|gement).|
|00004490| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|000044a0| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 65 29 1d |....... |....(e).|
|000044b0| 0a 00 09 68 01 10 0e 20 | 02 0a 00 1d 52 65 70 65 |...h... |....Repe|
|000044c0| 61 6c 65 64 2e 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |aled....|........|
|000044d0| 0a 0a 00 1d 1d 0a 00 09 | 84 03 8c 0a 20 05 0a 00 |........|.... ...|
|000044e0| 1d 28 66 29 1d 0a 00 09 | 68 01 10 0e 20 02 0a 00 |.(f)....|h... ...|
|000044f0| 1d 43 61 72 72 79 62 61 | 63 6b 20 61 6e 64 20 63 |.Carryba|ck and c|
|00004500| 61 72 72 79 6f 76 65 72 | 20 6f 66 20 64 69 73 61 |arryover| of disa|
|00004510| 6c 6c 6f 77 65 64 20 63 | 72 65 64 69 74 73 2e 20 |llowed c|redits. |
|00004520| 2d 2d 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |--......|........|
|00004530| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 31 |........|. ....(1|
|00004540| 29 1d 0a 00 09 68 01 10 | 0e 20 02 0a 00 1d 49 6e |)....h..|. ....In|
|00004550| 20 67 65 6e 65 72 61 6c | 2e 20 20 2d 2d 20 20 49 | general|. -- I|
|00004560| 66 20 74 68 65 20 61 6d | 6f 75 6e 74 20 6f 66 20 |f the am|ount of |
|00004570| 74 68 65 20 6f 69 6c 20 | 61 6e 64 20 67 61 73 20 |the oil |and gas |
|00004580| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 65 |........|.......e|
|00004590| 78 74 72 61 63 74 69 6f | 6e 20 74 61 78 65 73 20 |xtractio|n taxes |
|000045a0| 70 61 69 64 20 6f 72 20 | 61 63 63 72 75 65 64 20 |paid or |accrued |
|000045b0| 64 75 72 69 6e 67 20 61 | 6e 79 20 74 61 78 61 62 |during a|ny taxab|
|000045c0| 6c 65 20 79 65 61 72 20 | 65 78 63 65 65 64 73 20 |le year |exceeds |
|000045d0| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 74 |........|.......t|
|000045e0| 68 65 20 6c 69 6d 69 74 | 61 74 69 6f 6e 20 70 72 |he limit|ation pr|
|000045f0| 6f 76 69 64 65 64 20 62 | 79 20 73 75 62 73 65 63 |ovided b|y subsec|
|00004600| 74 69 6f 6e 20 28 61 29 | 20 66 6f 72 20 73 75 63 |tion (a)| for suc|
|00004610| 68 20 74 61 78 61 62 6c | 65 20 79 65 61 72 20 8d |h taxabl|e year .|
|00004620| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 28 68 |........|......(h|
|00004630| 65 72 65 69 6e 61 66 74 | 65 72 20 69 6e 20 74 68 |ereinaft|er in th|
|00004640| 69 73 20 73 75 62 73 65 | 63 74 69 6f 6e 20 72 65 |is subse|ction re|
|00004650| 66 65 72 72 65 64 20 74 | 6f 20 61 73 20 74 68 65 |ferred t|o as the|
|00004660| 20 22 75 6e 75 73 65 64 | 20 63 72 65 64 69 74 20 | "unused| credit |
|00004670| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 79 |........|.......y|
|00004680| 65 61 72 22 29 2c 20 73 | 75 63 68 20 65 78 63 65 |ear"), s|uch exce|
|00004690| 73 73 20 73 68 61 6c 6c | 20 62 65 20 64 65 65 6d |ss shall| be deem|
|000046a0| 65 64 20 74 6f 20 62 65 | 20 6f 69 6c 20 61 6e 64 |ed to be| oil and|
|000046b0| 20 67 61 73 20 65 78 74 | 72 61 63 74 69 6f 6e 20 | gas ext|raction |
|000046c0| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 74 |........|.......t|
|000046d0| 61 78 65 73 20 70 61 69 | 64 20 6f 72 20 61 63 63 |axes pai|d or acc|
|000046e0| 72 75 65 64 20 69 6e 20 | 74 68 65 20 73 65 63 6f |rued in |the seco|
|000046f0| 6e 64 20 70 72 65 63 65 | 64 69 6e 67 20 74 61 78 |nd prece|ding tax|
|00004700| 61 62 6c 65 20 79 65 61 | 72 2c 20 69 6e 20 1d 20 |able yea|r, in . |
|00004710| 00 0b f0 00 36 00 00 00 | a0 32 01 00 00 00 00 00 |....6...|.2......|
|00004720| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 20 00 |........|...... .|
|00004730| 1d 8d 8a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |........|........|
|00004740| 74 68 65 20 66 69 72 73 | 74 20 70 72 65 63 65 64 |the firs|t preced|
|00004750| 69 6e 67 20 74 61 78 61 | 62 6c 65 20 79 65 61 72 |ing taxa|ble year|
|00004760| 2c 20 61 6e 64 20 69 6e | 20 74 68 65 20 66 69 72 |, and in| the fir|
|00004770| 73 74 2c 20 73 65 63 6f | 6e 64 2c 20 8d 0a 1d 0a |st, seco|nd, ....|
|00004780| 00 09 08 07 08 07 a0 0a | 0a 00 1d 74 68 69 72 64 |........|...third|
|00004790| 2c 20 66 6f 75 72 74 68 | 2c 20 6f 72 20 66 69 66 |, fourth|, or fif|
|000047a0| 74 68 20 73 75 63 63 65 | 65 64 69 6e 67 20 74 61 |th succe|eding ta|
|000047b0| 78 61 62 6c 65 20 79 65 | 61 72 2c 20 69 6e 20 74 |xable ye|ar, in t|
|000047c0| 68 61 74 20 6f 72 64 65 | 72 20 8d 0a 1d 0a 00 09 |hat orde|r ......|
|000047d0| 08 07 08 07 a0 0a 0a 00 | 1d 61 6e 64 20 74 6f 20 |........|.and to |
|000047e0| 74 68 65 20 65 78 74 65 | 6e 74 20 6e 6f 74 20 64 |the exte|nt not d|
|000047f0| 65 65 6d 65 64 20 74 61 | 78 20 70 61 69 64 20 6f |eemed ta|x paid o|
|00004800| 72 20 61 63 63 72 75 65 | 64 20 69 6e 20 61 20 70 |r accrue|d in a p|
|00004810| 72 69 6f 72 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |rior ...|........|
|00004820| 0a 0a 00 1d 74 61 78 61 | 62 65 20 79 65 61 72 20 |....taxa|be year |
|00004830| 62 79 20 72 65 61 73 6f | 6e 20 6f 66 20 74 68 65 |by reaso|n of the|
|00004840| 20 6c 69 6d 69 74 61 74 | 69 6f 6e 20 69 6d 70 6f | limitat|ion impo|
|00004850| 73 65 64 20 62 79 20 70 | 61 72 61 67 72 61 70 68 |sed by p|aragraph|
|00004860| 20 28 32 29 2e 20 20 8d | 0a 1d 0a 00 09 08 07 08 | (2). .|........|
|00004870| 07 a0 0a 0a 00 1d 53 75 | 63 68 20 61 6d 6f 75 6e |......Su|ch amoun|
|00004880| 74 20 64 65 65 6d 65 64 | 20 70 61 69 64 20 6f 72 |t deemed| paid or|
|00004890| 20 61 63 63 72 75 65 64 | 20 69 6e 20 61 6e 79 20 | accrued| in any |
|000048a0| 74 61 78 61 62 6c 65 20 | 79 65 61 72 20 6d 61 79 |taxable |year may|
|000048b0| 20 62 65 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a | be ....|........|
|000048c0| 0a 00 1d 61 76 61 69 6c | 65 64 20 6f 66 20 6f 6e |...avail|ed of on|
|000048d0| 6c 79 20 61 73 20 61 20 | 74 61 78 20 63 72 65 64 |ly as a |tax cred|
|000048e0| 69 74 20 61 6e 64 20 6e | 6f 74 20 61 73 20 61 20 |it and n|ot as a |
|000048f0| 64 65 64 75 63 74 69 6f | 6e 20 61 6e 64 20 6f 6e |deductio|n and on|
|00004900| 6c 79 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |ly .....|........|
|00004910| 00 1d 69 66 20 74 68 65 | 20 74 61 78 70 61 79 65 |..if the| taxpaye|
|00004920| 72 20 66 6f 72 20 73 75 | 63 68 20 79 65 61 72 20 |r for su|ch year |
|00004930| 63 68 6f 6f 73 65 73 20 | 74 6f 20 68 61 76 65 20 |chooses |to have |
|00004940| 74 68 65 20 62 65 6e 66 | 69 74 73 20 6f 66 20 74 |the benf|its of t|
|00004950| 68 69 73 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |his ....|........|
|00004960| 0a 00 1d 73 75 62 70 61 | 72 74 20 61 73 20 74 6f |...subpa|rt as to|
|00004970| 20 74 61 78 65 73 20 70 | 61 69 64 20 6f 72 20 61 | taxes p|aid or a|
|00004980| 63 63 72 75 65 64 20 66 | 6f 72 20 74 68 61 74 20 |ccrued f|or that |
|00004990| 79 65 61 72 20 74 6f 20 | 66 6f 72 65 69 67 6e 20 |year to |foreign |
|000049a0| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 63 |........|.......c|
|000049b0| 6f 75 6e 74 72 69 65 73 | 20 6f 72 20 70 6f 73 73 |ountries| or poss|
|000049c0| 65 73 73 69 6f 6e 73 2e | 20 20 46 6f 72 20 70 75 |essions.| For pu|
|000049d0| 72 70 6f 73 65 73 20 6f | 66 20 74 68 69 73 20 73 |rposes o|f this s|
|000049e0| 75 62 73 65 63 74 69 6f | 6e 2c 20 74 68 65 20 8d |ubsectio|n, the .|
|000049f0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 74 65 |........|......te|
|00004a00| 72 6d 73 20 22 73 65 63 | 6f 6e 64 20 70 72 65 63 |rms "sec|ond prec|
|00004a10| 65 64 69 6e 67 20 74 61 | 78 61 62 6c 65 20 79 65 |eding ta|xable ye|
|00004a20| 61 72 22 2c 20 61 6e 64 | 20 20 22 66 69 72 73 74 |ar", and| "first|
|00004a30| 20 70 72 65 63 65 64 69 | 6e 67 20 8d 0a 1d 0a 00 | precedi|ng .....|
|00004a40| 09 08 07 08 07 a0 0a 0a | 00 1d 74 61 78 61 62 6c |........|..taxabl|
|00004a50| 65 20 79 65 61 72 22 20 | 64 6f 20 6e 6f 74 20 69 |e year" |do not i|
|00004a60| 6e 63 6c 75 64 65 20 61 | 6e 79 20 74 61 78 61 62 |nclude a|ny taxab|
|00004a70| 6c 65 20 79 65 61 72 20 | 65 6e 64 69 6e 67 20 62 |le year |ending b|
|00004a80| 65 66 6f 72 65 20 8d 0a | 1d 0a 00 09 08 07 08 07 |efore ..|........|
|00004a90| a0 0a 0a 00 1d 4a 61 6e | 75 61 72 79 20 31 2c 20 |.....Jan|uary 1, |
|00004aa0| 31 39 37 35 2e 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |1975....|........|
|00004ab0| 0a 0a 00 1d 1d 0a 00 09 | 84 03 8c 0a 20 05 0a 00 |........|.... ...|
|00004ac0| 1d 28 32 29 1d 0a 00 09 | 68 01 10 0e 20 02 0a 00 |.(2)....|h... ...|
|00004ad0| 1d 4c 69 6d 69 74 61 74 | 69 6f 6e 2e 20 2d 2d 20 |.Limitat|ion. -- |
|00004ae0| 20 54 68 65 20 61 6d 6f | 75 6e 74 20 6f 66 20 74 | The amo|unt of t|
|00004af0| 68 65 20 75 6e 75 73 65 | 64 20 6f 69 6c 20 61 6e |he unuse|d oil an|
|00004b00| 64 20 67 61 73 20 8d 0a | 1d 0a 00 09 08 07 08 07 |d gas ..|........|
|00004b10| a0 0a 0a 00 1d 65 78 74 | 72 61 63 74 69 6f 6e 20 |.....ext|raction |
|00004b20| 74 61 78 65 73 20 77 68 | 69 63 68 20 75 6e 64 65 |taxes wh|ich unde|
|00004b30| 72 20 70 61 72 61 67 72 | 61 70 68 20 28 31 29 20 |r paragr|aph (1) |
|00004b40| 6d 61 79 20 62 65 20 64 | 65 65 6d 65 64 20 70 61 |may be d|eemed pa|
|00004b50| 69 64 20 6f 72 20 8d 0a | 1d 0a 00 09 08 07 08 07 |id or ..|........|
|00004b60| a0 0a 0a 00 1d 61 63 63 | 72 75 65 64 20 69 6e 20 |.....acc|rued in |
|00004b70| 61 6e 79 20 70 72 65 63 | 65 64 69 6e 67 20 6f 72 |any prec|eding or|
|00004b80| 20 73 75 63 63 65 65 64 | 69 6e 67 20 74 61 78 61 | succeed|ing taxa|
|00004b90| 62 6c 65 20 79 65 61 72 | 20 73 68 61 6c 6c 20 6e |ble year| shall n|
|00004ba0| 6f 74 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |ot .....|........|
|00004bb0| 00 1d 65 78 63 65 65 64 | 20 74 68 65 20 6c 65 73 |..exceed| the les|
|00004bc0| 73 65 72 20 6f 66 20 2d | 2d 0d 0a 1d 0a 00 09 08 |ser of -|-.......|
|00004bd0| 07 08 07 a0 0a 0a 00 1d | 1d 0a 00 09 84 03 8c 0a |........|........|
|00004be0| 20 05 0a 00 1d 28 41 29 | 1d 0a 00 09 68 01 10 0e | ....(A)|....h...|
|00004bf0| 20 02 0a 00 1d 74 68 65 | 20 61 6d 6f 75 6e 74 20 | ....the| amount |
|00004c00| 62 79 20 77 68 69 63 68 | 20 74 68 65 20 6c 69 6d |by which| the lim|
|00004c10| 69 74 61 74 69 6f 6e 20 | 70 72 6f 76 69 64 65 64 |itation |provided|
|00004c20| 20 62 79 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a | by ....|........|
|00004c30| 0a 00 1d 73 75 62 73 65 | 63 74 69 6f 6e 20 28 61 |...subse|ction (a|
|00004c40| 29 20 66 6f 72 20 73 75 | 63 68 20 74 61 78 61 62 |) for su|ch taxab|
|00004c50| 6c 65 20 79 65 61 72 20 | 65 78 63 65 65 64 73 20 |le year |exceeds |
|00004c60| 74 68 65 20 73 75 6d 20 | 6f 66 20 2d 2d 0d 0a 1d |the sum |of --...|
|00004c70| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00004c80| 84 03 8c 0a 20 05 0a 00 | 1d 28 69 29 1d 0a 00 09 |.... ...|.(i)....|
|00004c90| 68 01 10 0e 20 02 0a 00 | 1d 74 68 65 20 6f 69 6c |h... ...|.the oil|
|00004ca0| 20 61 6e 64 20 67 61 73 | 20 65 78 74 72 61 63 74 | and gas| extract|
|00004cb0| 69 6f 6e 20 74 61 78 65 | 73 20 70 61 69 64 20 6f |ion taxe|s paid o|
|00004cc0| 72 20 61 63 63 72 75 65 | 64 20 64 75 72 69 6e 67 |r accrue|d during|
|00004cd0| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00004ce0| 73 75 63 68 20 74 61 78 | 61 62 6c 65 20 79 65 61 |such tax|able yea|
|00004cf0| 72 2c 20 70 6c 75 73 0d | 0a 1d 0a 00 09 08 07 08 |r, plus.|........|
|00004d00| 07 a0 0a 0a 00 1d 1d 0a | 00 09 84 03 8c 0a 20 05 |........|...... .|
|00004d10| 0a 00 1d 28 69 69 29 1d | 0a 00 09 b4 00 10 0e 20 |...(ii).|....... |
|00004d20| 01 0a 00 1d 74 68 65 20 | 61 6d 6f 75 6e 74 73 20 |....the |amounts |
|00004d30| 6f 66 20 74 68 65 20 6f | 69 6c 20 61 6e 64 20 67 |of the o|il and g|
|00004d40| 61 73 20 65 78 74 72 61 | 63 74 69 6f 6e 20 74 61 |as extra|ction ta|
|00004d50| 78 65 73 20 77 68 69 63 | 68 20 8d 0a 1d 0a 00 09 |xes whic|h ......|
|00004d60| 08 07 08 07 a0 0a 0a 00 | 1d 62 79 20 72 65 61 73 |........|.by reas|
|00004d70| 6f 6e 20 6f 66 20 74 68 | 69 73 20 73 75 62 73 65 |on of th|is subse|
|00004d80| 63 74 69 6f 6e 20 61 72 | 65 20 64 65 65 6d 65 64 |ction ar|e deemed|
|00004d90| 20 70 61 69 64 20 6f 72 | 20 61 63 63 72 75 65 64 | paid or| accrued|
|00004da0| 20 69 6e 20 73 75 63 68 | 20 8d 0a 1d 0a 00 09 08 | in such| .......|
|00004db0| 07 08 07 a0 0a 0a 00 1d | 74 61 78 61 62 6c 65 20 |........|taxable |
|00004dc0| 79 65 61 72 20 61 6e 64 | 20 61 72 65 20 61 74 74 |year and| are att|
|00004dd0| 72 69 62 75 74 61 62 6c | 65 20 74 6f 20 74 61 78 |ributabl|e to tax|
|00004de0| 61 62 6c 65 20 79 65 61 | 72 73 20 70 72 65 63 65 |able yea|rs prece|
|00004df0| 64 69 6e 67 20 74 68 65 | 20 8d 0a 1d 0a 00 09 08 |ding the| .......|
|00004e00| 07 08 07 a0 0a 0a 00 1d | 75 6e 75 73 65 64 20 63 |........|unused c|
|00004e10| 72 65 64 69 74 20 79 65 | 61 72 3b 20 6f 72 0d 0a |redit ye|ar; or..|
|00004e20| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|00004e30| 09 84 03 8c 0a 20 05 0a | 00 1d 28 42 29 1d 0a 00 |..... ..|..(B)...|
|00004e40| 09 68 01 10 0e 20 02 0a | 00 1d 74 68 65 20 61 6d |.h... ..|..the am|
|00004e50| 6f 75 6e 74 20 62 79 20 | 77 68 69 63 68 20 74 68 |ount by |which th|
|00004e60| 65 20 6c 69 6d 69 74 61 | 74 69 6f 6e 20 70 72 6f |e limita|tion pro|
|00004e70| 76 69 64 65 64 20 62 79 | 20 73 65 63 74 69 6f 6e |vided by| section|
|00004e80| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00004e90| 39 30 34 20 66 6f 72 20 | 73 75 63 68 20 74 61 78 |904 for |such tax|
|00004ea0| 61 62 6c 65 20 65 79 61 | 72 20 65 78 63 65 65 64 |able eya|r exceed|
|00004eb0| 73 20 74 68 65 20 73 75 | 6d 20 6f 66 20 2d 2d 0d |s the su|m of --.|
|00004ec0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 1d 0a |........|........|
|00004ed0| 00 09 84 03 8c 0a 20 05 | 0a 00 1d 28 69 29 1d 0a |...... .|...(i)..|
|00004ee0| 00 09 68 01 10 0e 20 02 | 0a 00 1d 74 68 65 20 74 |..h... .|...the t|
|00004ef0| 61 78 65 73 20 70 61 69 | 64 20 6f 72 20 61 63 63 |axes pai|d or acc|
|00004f00| 72 75 65 64 20 28 6f 72 | 20 64 65 65 6d 65 64 20 |rued (or| deemed |
|00004f10| 74 6f 20 68 61 76 65 20 | 62 65 65 6e 20 70 61 69 |to have |been pai|
|00004f20| 64 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |d ......|........|
|00004f30| 1d 75 6e 64 65 72 20 73 | 65 63 74 69 6f 6e 20 39 |.under s|ection 9|
|00004f40| 30 32 20 6f 72 20 39 36 | 30 29 20 74 6f 20 61 6c |02 or 96|0) to al|
|00004f50| 6c 20 66 6f 72 65 69 67 | 6e 20 63 6f 75 6e 74 72 |l foreig|n countr|
|00004f60| 69 65 73 20 61 6e 64 20 | 8d 0a 1d 0a 00 09 08 07 |ies and |........|
|00004f70| 08 07 a0 0a 0a 00 1d 70 | 6f 73 73 65 73 73 69 6f |.......p|ossessio|
|00004f80| 6e 73 20 6f 66 20 74 68 | 65 20 55 6e 74 69 65 64 |ns of th|e Untied|
|00004f90| 20 53 74 61 74 65 73 20 | 64 75 72 69 6e 67 20 73 | States |during s|
|00004fa0| 75 63 68 20 74 61 78 61 | 62 6c 65 20 79 65 61 72 |uch taxa|ble year|
|00004fb0| 2c 0d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |,.......|........|
|00004fc0| 1d 0a 00 09 84 03 8c 0a | 20 05 0a 00 1d 28 69 69 |........| ....(ii|
|00004fd0| 29 1d 0a 00 09 b4 00 10 | 0e 20 01 0a 00 1d 74 68 |).......|. ....th|
|00004fe0| 65 20 61 6d 6f 75 6e 74 | 20 6f 66 20 73 75 63 68 |e amount| of such|
|00004ff0| 20 74 61 78 65 73 20 77 | 68 69 63 68 20 77 65 72 | taxes w|hich wer|
|00005000| 65 20 64 65 65 6d 65 64 | 20 70 61 69 64 20 6f 72 |e deemed| paid or|
|00005010| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00005020| 61 63 63 72 75 65 64 20 | 69 6e 20 73 75 63 68 20 |accrued |in such |
|00005030| 74 61 78 61 62 6c 65 20 | 79 65 61 72 20 75 6e 64 |taxable |year und|
|00005040| 65 72 20 73 65 63 74 69 | 6f 6e 20 39 30 34 28 63 |er secti|on 904(c|
|00005050| 29 20 61 6e 64 20 77 68 | 69 63 68 20 61 72 65 20 |) and wh|ich are |
|00005060| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 61 |........|.......a|
|00005070| 74 74 72 69 62 75 74 61 | 62 6c 65 20 74 6f 20 74 |ttributa|ble to t|
|00005080| 61 78 61 62 6c 65 20 79 | 65 61 72 73 20 70 72 65 |axable y|ears pre|
|00005090| 63 65 64 69 6e 67 20 74 | 68 65 20 75 6e 75 73 65 |ceding t|he unuse|
|000050a0| 64 20 63 72 65 64 69 74 | 20 79 65 61 72 2c 20 8d |d credit| year, .|
|000050b0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 70 6c |........|......pl|
|000050c0| 75 73 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |us......|........|
|000050d0| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 69 |........|. ....(i|
|000050e0| 69 69 29 20 74 68 65 20 | 61 6d 6f 75 6e 74 20 6f |ii) the |amount o|
|000050f0| 66 20 74 68 65 20 6f 69 | 6c 20 61 6e 64 20 67 61 |f the oi|l and ga|
|00005100| 73 20 65 78 74 72 61 63 | 74 69 6f 6e 20 74 61 78 |s extrac|tion tax|
|00005110| 65 73 20 77 68 69 63 68 | 20 8d 0a 1d 0a 00 09 08 |es which| .......|
|00005120| 07 08 07 a0 0a 0a 00 1d | 62 79 20 72 65 61 73 6f |........|by reaso|
|00005130| 6e 20 6f 66 20 74 68 69 | 73 20 73 75 62 73 65 63 |n of thi|s subsec|
|00005140| 74 69 6f 6e 20 61 72 65 | 20 64 65 65 6d 65 64 20 |tion are| deemed |
|00005150| 70 61 69 64 20 6f 72 20 | 61 63 63 72 75 65 64 20 |paid or |accrued |
|00005160| 69 6e 20 73 75 63 68 20 | 8d 0a 1d 0a 00 09 08 07 |in such |........|
|00005170| 08 07 a0 0a 0a 00 1d 74 | 61 78 61 62 6c 65 20 79 |.......t|axable y|
|00005180| 65 61 72 20 61 6e 64 20 | 61 72 65 20 61 74 74 72 |ear and |are attr|
|00005190| 69 62 75 74 61 62 6c 65 | 20 74 6f 20 74 61 78 61 |ibutable| to taxa|
|000051a0| 62 6c 65 20 79 65 61 72 | 73 20 70 72 65 63 65 64 |ble year|s preced|
|000051b0| 69 6e 67 20 74 68 65 20 | 8d 0a 1d 0a 00 09 08 07 |ing the |........|
|000051c0| 08 07 a0 0a 0a 00 1d 75 | 6e 75 73 65 64 20 63 72 |.......u|nused cr|
|000051d0| 65 64 69 74 20 79 65 61 | 72 2e 0d 0a 1d 0a 00 09 |edit yea|r.......|
|000051e0| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|000051f0| 0a 20 05 0a 00 1d 28 33 | 29 1d 0a 00 09 68 01 10 |. ....(3|)....h..|
|00005200| 0e 20 02 0a 00 1d 53 70 | 65 63 69 61 6c 20 72 75 |. ....Sp|ecial ru|
|00005210| 6c 65 73 2e 20 2d 2d 0d | 0a 1d 0a 00 09 08 07 08 |les. --.|........|
|00005220| 07 a0 0a 0a 00 1d 1d 0a | 00 09 84 03 8c 0a 20 05 |........|...... .|
|00005230| 0a 00 1d 28 41 29 1d 0a | 00 09 68 01 10 0e 20 02 |...(A)..|..h... .|
|00005240| 0a 00 1d 49 6e 20 74 68 | 65 20 63 61 73 65 20 6f |...In th|e case o|
|00005250| 66 20 61 6e 79 20 74 61 | 78 61 62 6c 65 20 79 65 |f any ta|xable ye|
|00005260| 61 72 20 77 68 69 63 68 | 20 69 73 20 61 6e 20 75 |ar which| is an u|
|00005270| 6e 75 73 65 64 20 8d 0a | 1d 0a 00 09 08 07 08 07 |nused ..|........|
|00005280| a0 0a 0a 00 1d 63 72 65 | 64 69 74 20 79 65 61 72 |.....cre|dit year|
|00005290| 20 75 6e 64 65 72 20 74 | 68 69 73 20 73 75 62 73 | under t|his subs|
|000052a0| 65 63 74 69 6f 6e 20 61 | 6e 64 20 77 68 69 63 68 |ection a|nd which|
|000052b0| 20 69 73 20 61 6e 20 75 | 6e 75 73 65 64 20 63 72 | is an u|nused cr|
|000052c0| 65 64 69 74 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |edit ...|........|
|000052d0| 0a 0a 00 1d 79 65 61 72 | 20 75 6e 64 65 72 20 73 |....year| under s|
|000052e0| 65 63 74 69 6f 6e 20 39 | 30 34 28 63 29 2c 20 74 |ection 9|04(c), t|
|000052f0| 68 65 20 70 72 6f 76 69 | 73 6f 6e 73 20 6f 66 20 |he provi|sons of |
|00005300| 74 68 69 73 20 73 75 62 | 73 65 63 74 69 6f 6e 20 |this sub|section |
|00005310| 73 68 61 6c 6c 20 8d 0a | 1d 0a 00 09 08 07 08 07 |shall ..|........|
|00005320| a0 0a 0a 00 1d 62 65 20 | 61 70 70 6c 69 65 64 20 |.....be |applied |
|00005330| 62 65 66 6f 72 65 20 73 | 65 63 74 69 6f 6e 20 39 |before s|ection 9|
|00005340| 30 34 28 63 29 2e 0d 0a | 1d 0a 00 09 08 07 08 07 |04(c)...|........|
|00005350| a0 0a 0a 00 1d 1d 0a 00 | 09 84 03 8c 0a 20 05 0a |........|..... ..|
|00005360| 00 1d 28 42 29 1d 0a 00 | 09 68 01 10 0e 20 02 0a |..(B)...|.h... ..|
|00005370| 00 1d 46 6f 72 20 70 75 | 72 70 6f 73 65 73 20 6f |..For pu|rposes o|
|00005380| 66 20 64 65 74 65 72 6d | 69 6e 69 6e 67 20 74 68 |f determ|ining th|
|00005390| 65 20 61 6d 6f 75 6e 74 | 20 6f 66 20 74 61 78 65 |e amount| of taxe|
|000053a0| 73 20 70 61 69 64 20 6f | 72 20 8d 0a 1d 0a 00 09 |s paid o|r ......|
|000053b0| 08 07 08 07 a0 0a 0a 00 | 1d 61 63 63 72 75 65 64 |........|.accrued|
|000053c0| 20 69 6e 20 61 6e 79 20 | 74 61 78 61 62 6c 65 20 | in any |taxable |
|000053d0| 79 65 61 72 20 77 68 69 | 63 68 20 6d 61 79 20 62 |year whi|ch may b|
|000053e0| 65 20 64 65 65 6d 65 64 | 20 70 61 69 64 20 6f 72 |e deemed| paid or|
|000053f0| 20 61 63 63 72 75 65 64 | 20 8d 0a 1d 0a 00 09 08 | accrued| .......|
|00005400| 07 08 07 a0 0a 0a 00 1d | 69 6e 20 61 20 70 72 65 |........|in a pre|
|00005410| 63 65 64 69 6e 67 20 6f | 72 20 73 75 63 63 65 65 |ceding o|r succee|
|00005420| 64 69 6e 67 20 74 61 78 | 61 62 6c 65 20 79 65 61 |ding tax|able yea|
|00005430| 72 20 75 6e 64 65 72 20 | 73 65 63 74 69 6f 6e 20 |r under |section |
|00005440| 39 30 34 28 63 29 2c 20 | 8d 0a 1d 0a 00 09 08 07 |904(c), |........|
|00005450| 08 07 a0 0a 0a 00 1d 61 | 6e 79 20 74 61 78 20 64 |.......a|ny tax d|
|00005460| 65 65 6d 65 64 20 70 61 | 69 64 20 6f 72 20 61 63 |eemed pa|id or ac|
|00005470| 63 72 75 65 64 20 69 6e | 20 73 75 63 68 20 70 72 |crued in| such pr|
|00005480| 65 63 65 64 69 6e 67 20 | 6f 72 20 73 75 63 63 65 |eceding |or succe|
|00005490| 65 64 69 6e 67 20 8d 0a | 1d 0a 00 09 08 07 08 07 |eding ..|........|
|000054a0| a0 0a 0a 00 1d 74 61 78 | 61 62 6c 65 20 79 65 61 |.....tax|able yea|
|000054b0| 72 20 75 6e 64 65 72 20 | 74 68 69 73 20 73 75 62 |r under |this sub|
|000054c0| 73 65 63 74 69 6f 6e 20 | 73 68 61 6c 6c 20 62 65 |section |shall be|
|000054d0| 20 63 6f 6e 73 69 64 65 | 72 65 64 20 74 6f 20 62 | conside|red to b|
|000054e0| 65 20 74 61 78 20 8d 0a | 1d 0a 00 09 08 07 08 07 |e tax ..|........|
|000054f0| a0 0a 0a 00 1d 70 61 69 | 64 20 6f 72 20 61 63 63 |.....pai|d or acc|
|00005500| 72 75 65 64 20 69 6e 20 | 73 75 63 68 20 70 72 65 |rued in |such pre|
|00005510| 63 65 64 69 6e 67 20 6f | 72 20 73 75 63 63 65 64 |ceding o|r succed|
|00005520| 69 6e 67 20 74 61 78 61 | 62 6c 65 20 79 65 61 72 |ing taxa|ble year|
|00005530| 2e 0d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |........|........|
|00005540| 1d 0a 00 09 84 03 8c 0a | 20 05 0a 00 1d 28 43 29 |........| ....(C)|
|00005550| 1d 0a 00 09 68 01 10 0e | 20 02 0a 00 1d 52 65 70 |....h...| ....Rep|
|00005560| 65 61 6c 65 64 2e 0d 0a | 0d 0a 1d 0a 00 09 08 07 |ealed...|........|
|00005570| 08 07 a0 0a 0a 00 1d 39 | 30 38 2e 1d 0a 00 09 b4 |.......9|08......|
|00005580| 00 8c 0a 20 01 0a 00 1d | 52 65 64 75 63 74 69 6f |... ....|Reductio|
|00005590| 6e 20 6f 66 20 63 72 65 | 64 69 74 20 66 6f 72 20 |n of cre|dit for |
|000055a0| 70 61 72 74 69 63 69 70 | 61 74 69 6f 6e 20 69 6e |particip|ation in|
|000055b0| 20 6f 72 20 63 6f 6f 70 | 65 72 61 74 69 6f 6e 20 | or coop|eration |
|000055c0| 77 69 74 68 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |with ...|........|
|000055d0| 0a 0a 00 1d 61 6e 20 69 | 6e 74 65 72 6e 61 74 69 |....an i|nternati|
|000055e0| 6f 6e 61 6c 20 62 6f 79 | 63 6f 74 74 0d 0a 8d 0a |onal boy|cott....|
|000055f0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|00005600| 09 84 03 8c 0a 20 05 0a | 00 1d 28 61 29 1d 0a 00 |..... ..|..(a)...|
|00005610| 09 68 01 10 0e 20 02 0a | 00 1d 49 6e 20 67 65 6e |.h... ..|..In gen|
|00005620| 65 72 61 6c 2e 20 2d 2d | 20 20 49 66 20 61 20 70 |eral. --| If a p|
|00005630| 65 72 73 6f 6e 2c 20 6f | 72 20 61 20 6d 65 6d 62 |erson, o|r a memb|
|00005640| 65 72 20 6f 66 20 61 20 | 1d 20 00 0b f0 00 36 00 |er of a |. ....6.|
|00005650| 00 00 a0 32 01 00 00 00 | 00 00 00 00 00 00 00 00 |...2....|........|
|00005660| 00 00 00 00 00 00 00 00 | 20 00 1d 8d 8a 1d 0a 00 |........| .......|
|00005670| 09 08 07 08 07 a0 0a 0a | 00 1d 63 6f 6e 74 72 6f |........|..contro|
|00005680| 6c 6c 65 64 20 67 72 6f | 75 70 20 28 77 69 74 68 |lled gro|up (with|
|00005690| 69 6e 20 74 68 65 20 6d | 65 61 6e 69 6e 67 20 6f |in the m|eaning o|
|000056a0| 66 20 73 65 63 74 69 6f | 6e 20 39 39 33 28 61 29 |f sectio|n 993(a)|
|000056b0| 28 33 29 29 20 77 68 69 | 63 68 20 8d 0a 1d 0a 00 |(3)) whi|ch .....|
|000056c0| 09 08 07 08 07 a0 0a 0a | 00 1d 69 6e 63 6c 75 64 |........|..includ|
|000056d0| 65 73 20 73 75 63 68 20 | 70 65 72 73 6f 6e 2c 20 |es such |person, |
|000056e0| 70 61 72 74 69 63 69 70 | 61 74 65 73 20 69 6e 20 |particip|ates in |
|000056f0| 6f 72 20 63 6f 6f 70 65 | 72 61 74 65 73 20 77 69 |or coope|rates wi|
|00005700| 74 68 20 61 6e 20 8d 0a | 1d 0a 00 09 08 07 08 07 |th an ..|........|
|00005710| a0 0a 0a 00 1d 69 6e 74 | 65 72 6e 61 74 69 6f 6e |.....int|ernation|
|00005720| 61 6c 20 62 6f 79 63 6f | 74 74 20 64 75 72 69 6e |al boyco|tt durin|
|00005730| 67 20 74 68 65 20 74 61 | 78 61 62 6c 65 20 79 65 |g the ta|xable ye|
|00005740| 61 72 20 28 77 69 74 68 | 69 6e 20 74 68 65 20 6d |ar (with|in the m|
|00005750| 65 61 6e 69 6e 67 20 8d | 0a 1d 0a 00 09 08 07 08 |eaning .|........|
|00005760| 07 a0 0a 0a 00 1d 6f 66 | 20 73 65 63 74 69 6f 6e |......of| section|
|00005770| 20 39 39 39 28 62 29 29 | 2c 20 74 68 65 20 61 6d | 999(b))|, the am|
|00005780| 6f 75 6e 74 20 6f 66 20 | 74 68 65 20 63 72 65 64 |ount of |the cred|
|00005790| 69 74 20 61 6c 6c 6f 77 | 61 62 6c 65 20 75 6e 64 |it allow|able und|
|000057a0| 65 72 20 8d 0a 1d 0a 00 | 09 08 07 08 07 a0 0a 0a |er .....|........|
|000057b0| 00 1d 73 65 63 74 69 6f | 6e 20 39 30 31 20 74 6f |..sectio|n 901 to|
|000057c0| 20 73 75 63 68 20 70 65 | 72 73 6f 6e 2c 20 6f 72 | such pe|rson, or|
|000057d0| 20 75 6e 64 65 72 20 73 | 65 63 74 69 6f 6e 20 39 | under s|ection 9|
|000057e0| 30 32 20 6f 72 20 39 36 | 30 20 74 6f 20 55 6e 69 |02 or 96|0 to Uni|
|000057f0| 74 65 64 20 8d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |ted ....|........|
|00005800| 0a 00 1d 53 74 61 74 65 | 73 20 73 68 61 72 65 68 |...State|s shareh|
|00005810| 6f 6c 64 65 72 73 20 6f | 66 20 73 75 63 68 20 70 |olders o|f such p|
|00005820| 65 72 73 6f 6e 2c 20 66 | 6f 72 20 66 6f 72 65 69 |erson, f|or forei|
|00005830| 67 6e 20 74 61 78 65 73 | 20 70 61 69 64 20 64 75 |gn taxes| paid du|
|00005840| 72 69 6e 67 20 8d 0a 1d | 0a 00 09 08 07 08 07 a0 |ring ...|........|
|00005850| 0a 0a 00 1d 74 68 65 20 | 74 61 78 61 62 6c 65 20 |....the |taxable |
|00005860| 79 65 61 72 20 73 68 61 | 6c 6c 20 62 65 20 72 65 |year sha|ll be re|
|00005870| 64 75 63 65 64 20 62 79 | 20 61 6e 20 61 6d 6f 75 |duced by| an amou|
|00005880| 6e 74 20 65 71 75 61 6c | 20 74 6f 20 74 68 65 20 |nt equal| to the |
|00005890| 8d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 70 |........|.......p|
|000058a0| 72 6f 64 75 63 74 20 6f | 66 20 2d 2d 0d 0a 1d 0a |roduct o|f --....|
|000058b0| 00 09 08 07 08 07 a0 0a | 0a 00 1d 1d 0a 00 09 84 |........|........|
|000058c0| 03 8c 0a 20 05 0a 00 1d | 28 31 29 1d 0a 00 09 68 |... ....|(1)....h|
|000058d0| 01 10 0e 20 02 0a 00 1d | 74 68 65 20 61 6d 6f 75 |... ....|the amou|
|000058e0| 6e 74 20 6f 66 20 74 68 | 65 20 63 72 65 64 69 74 |nt of th|e credit|
|000058f0| 20 77 68 69 63 68 2c 20 | 62 75 74 20 66 6f 72 20 | which, |but for |
|00005900| 74 68 69 73 20 73 65 63 | 74 69 6f 6e 2c 20 8d 0a |this sec|tion, ..|
|00005910| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 77 6f 75 |........|.....wou|
|00005920| 6c 64 20 62 65 20 61 6c | 6c 6f 77 65 64 20 75 6e |ld be al|lowed un|
|00005930| 64 65 72 20 73 65 63 74 | 69 6f 6e 20 39 30 31 20 |der sect|ion 901 |
|00005940| 66 6f 72 20 74 68 65 20 | 74 61 78 61 62 6c 65 20 |for the |taxable |
|00005950| 79 65 61 72 2c 20 8d 0a | 1d 0a 00 09 08 07 08 07 |year, ..|........|
|00005960| a0 0a 0a 00 1d 6d 75 6c | 74 69 70 6c 69 65 64 20 |.....mul|tiplied |
|00005970| 62 79 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |by......|........|
|00005980| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 32 |........|. ....(2|
|00005990| 29 1d 0a 00 09 68 01 10 | 0e 20 02 0a 00 1d 74 68 |)....h..|. ....th|
|000059a0| 65 20 69 6e 74 65 72 6e | 61 74 69 6f 6e 61 6c 20 |e intern|ational |
|000059b0| 62 6f 79 63 6f 74 74 20 | 66 61 63 74 6f 72 20 28 |boycott |factor (|
|000059c0| 64 65 74 65 72 6d 69 6e | 65 64 20 75 6e 64 65 72 |determin|ed under|
|000059d0| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|000059e0| 73 65 63 74 69 6f 6e 20 | 39 39 39 29 2e 0d 0a 1d |section |999)....|
|000059f0| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00005a00| 84 03 8c 0a 20 05 0a 00 | 1d 28 62 29 1d 0a 00 09 |.... ...|.(b)....|
|00005a10| 68 01 10 0e 20 02 0a 00 | 1d 41 70 70 6c 69 63 61 |h... ...|.Applica|
|00005a20| 74 69 6f 6e 20 77 69 74 | 68 20 73 65 63 74 69 6f |tion wit|h sectio|
|00005a30| 6e 73 20 32 37 35 28 61 | 29 28 34 29 20 61 6e 64 |ns 275(a|)(4) and|
|00005a40| 20 37 38 2e 20 20 2d 2d | 20 20 8d 0a 1d 0a 00 09 | 78. --| ......|
|00005a50| 08 07 08 07 a0 0a 0a 00 | 1d 53 65 63 74 69 6f 6e |........|.Section|
|00005a60| 20 32 37 35 28 61 29 28 | 34 29 20 61 6e 64 20 73 | 275(a)(|4) and s|
|00005a70| 65 63 74 69 6f 6e 20 37 | 38 20 73 68 61 6c 6c 20 |ection 7|8 shall |
|00005a80| 6e 6f 74 20 61 70 70 6c | 79 20 74 6f 20 61 6e 79 |not appl|y to any|
|00005a90| 20 61 6d 6f 75 6e 74 20 | 6f 66 20 8d 0a 1d 0a 00 | amount |of .....|
|00005aa0| 09 08 07 08 07 a0 0a 0a | 00 1d 74 61 78 65 73 20 |........|..taxes |
|00005ab0| 64 65 6e 69 65 64 20 63 | 72 65 64 69 74 20 75 6e |denied c|redit un|
|00005ac0| 64 65 72 20 73 75 62 73 | 65 63 74 69 6f 6e 20 28 |der subs|ection (|
|00005ad0| 61 29 2e 0d 0a 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |a)......|........|
|00005ae0| 0a 0a 00 1d 39 31 31 2e | 1d 0a 00 09 b4 00 8c 0a |....911.|........|
|00005af0| 20 01 0a 00 1d 43 69 74 | 69 7a 65 6e 73 20 6f 72 | ....Cit|izens or|
|00005b00| 20 72 65 73 69 64 65 6e | 74 73 20 6f 66 20 74 68 | residen|ts of th|
|00005b10| 65 20 55 6e 69 74 65 64 | 20 53 74 61 74 65 73 20 |e United| States |
|00005b20| 6c 69 76 69 6e 67 20 61 | 62 6f 72 61 64 0d 0a 1d |living a|borad...|
|00005b30| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 1d 0a 00 09 |........|........|
|00005b40| 84 03 8c 0a 20 05 0a 00 | 1d 28 61 29 1d 0a 00 09 |.... ...|.(a)....|
|00005b50| 68 01 10 0e 20 02 0a 00 | 1d 45 78 63 6c 75 73 69 |h... ...|.Exclusi|
|00005b60| 6f 6e 20 66 72 6f 6d 20 | 67 72 6f 73 73 20 69 6e |on from |gross in|
|00005b70| 63 6f 6d 65 2e 20 2d 2d | 20 20 41 74 20 74 68 65 |come. --| At the|
|00005b80| 20 65 6c 65 63 74 69 6f | 6e 20 6f 66 20 61 20 8d | electio|n of a .|
|00005b90| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 71 75 |........|......qu|
|00005ba0| 61 6c 69 66 69 65 64 20 | 69 6e 64 69 76 69 64 75 |alified |individu|
|00005bb0| 61 6c 20 28 6d 61 64 65 | 20 73 65 70 61 72 61 74 |al (made| separat|
|00005bc0| 65 6c 79 20 77 69 74 68 | 20 72 65 73 70 65 63 74 |ely with| respect|
|00005bd0| 20 74 6f 20 70 61 72 61 | 67 72 61 70 68 73 20 8d | to para|graphs .|
|00005be0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 28 31 |........|......(1|
|00005bf0| 29 20 61 6e 64 20 28 32 | 29 29 2c 20 74 68 65 72 |) and (2|)), ther|
|00005c00| 65 20 73 68 61 6c 6c 20 | 62 65 20 65 78 63 6c 75 |e shall |be exclu|
|00005c10| 64 65 64 20 66 72 6f 6d | 20 74 68 65 20 67 72 6f |ded from| the gro|
|00005c20| 73 73 20 69 6e 63 6f 6d | 65 20 6f 66 20 8d 0a 1d |ss incom|e of ...|
|00005c30| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 73 75 63 68 |........|....such|
|00005c40| 20 69 6e 64 69 76 69 64 | 75 61 6c 2c 20 61 6e 64 | individ|ual, and|
|00005c50| 20 65 78 65 6d 70 74 20 | 66 72 6f 6d 20 74 61 78 | exempt |from tax|
|00005c60| 61 74 69 6f 6e 20 75 6e | 64 65 72 20 74 68 69 73 |ation un|der this|
|00005c70| 20 73 75 62 74 69 74 6c | 65 2c 20 8d 0a 1d 0a 00 | subtitl|e, .....|
|00005c80| 09 08 07 08 07 a0 0a 0a | 00 1d 66 6f 72 20 61 6e |........|..for an|
|00005c90| 79 20 74 61 78 61 62 6c | 65 20 79 65 61 72 20 2d |y taxabl|e year -|
|00005ca0| 2d 0d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d |-.......|........|
|00005cb0| 1d 0a 00 09 84 03 8c 0a | 20 05 0a 00 1d 28 31 29 |........| ....(1)|
|00005cc0| 1d 0a 00 09 68 01 10 0e | 20 02 0a 00 1d 74 68 65 |....h...| ....the|
|00005cd0| 20 66 6f 72 65 69 67 6e | 20 65 61 72 6e 65 64 20 | foreign| earned |
|00005ce0| 69 6e 63 6f 6d 65 20 6f | 66 20 73 75 63 68 20 69 |income o|f such i|
|00005cf0| 6e 64 69 76 69 64 75 61 | 6c 2c 20 61 6e 64 0d 0a |ndividua|l, and..|
|00005d00| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|00005d10| 09 84 03 8c 0a 20 05 0a | 00 1d 28 32 29 1d 0a 00 |..... ..|..(2)...|
|00005d20| 09 68 01 10 0e 20 02 0a | 00 1d 74 68 65 20 68 6f |.h... ..|..the ho|
|00005d30| 75 73 69 6e 67 20 63 6f | 73 74 20 61 6d 6f 75 6e |using co|st amoun|
|00005d40| 74 20 6f 66 20 73 75 63 | 68 20 69 6e 64 69 76 69 |t of suc|h indivi|
|00005d50| 64 75 61 6c 2e 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |dual....|........|
|00005d60| 0a 0a 00 1d 1d 0a 00 09 | 84 03 8c 0a 20 05 0a 00 |........|.... ...|
|00005d70| 1d 28 62 29 1d 0a 00 09 | 68 01 10 0e 20 02 0a 00 |.(b)....|h... ...|
|00005d80| 1d 46 6f 72 65 69 67 6e | 20 65 61 72 6e 65 64 20 |.Foreign| earned |
|00005d90| 69 6e 63 6f 6d 65 2e 20 | 2d 2d 0d 0a 1d 0a 00 09 |income. |--......|
|00005da0| 08 07 08 07 a0 0a 0a 00 | 1d 1d 0a 00 09 84 03 8c |........|........|
|00005db0| 0a 20 05 0a 00 1d 28 31 | 29 1d 0a 00 09 68 01 10 |. ....(1|)....h..|
|00005dc0| 0e 20 02 0a 00 1d 44 65 | 66 69 6e 69 74 69 6f 6e |. ....De|finition|
|00005dd0| 73 2e 20 2d 2d 20 46 6f | 72 20 70 72 75 70 6f 73 |s. -- Fo|r prupos|
|00005de0| 65 73 20 6f 66 20 74 68 | 69 73 20 73 65 63 74 69 |es of th|is secti|
|00005df0| 6f 6e 20 2d 2d 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |on --...|........|
|00005e00| 0a 0a 00 1d 1d 0a 00 09 | 84 03 8c 0a 20 05 0a 00 |........|.... ...|
|00005e10| 1d 28 41 29 1d 0a 00 09 | 68 01 10 0e 20 02 0a 00 |.(A)....|h... ...|
|00005e20| 1d 49 6e 20 67 65 6e 65 | 72 61 6c 2e 20 2d 2d 20 |.In gene|ral. -- |
|00005e30| 20 54 68 65 20 74 65 72 | 6d 20 22 66 6f 72 65 69 | The ter|m "forei|
|00005e40| 67 6e 20 65 61 72 6e 65 | 64 20 69 6e 63 6f 6d 65 |gn earne|d income|
|00005e50| 22 20 77 69 74 68 20 8d | 0a 1d 0a 00 09 08 07 08 |" with .|........|
|00005e60| 07 a0 0a 0a 00 1d 72 65 | 73 70 65 63 74 20 74 6f |......re|spect to|
|00005e70| 20 61 6e 79 20 69 6e 64 | 69 76 69 64 75 61 6c 20 | any ind|ividual |
|00005e80| 6d 65 61 6e 73 20 74 68 | 65 20 61 6d 6f 75 6e 74 |means th|e amount|
|00005e90| 20 72 65 63 65 69 76 65 | 64 20 62 79 20 73 75 63 | receive|d by suc|
|00005ea0| 68 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |h ......|........|
|00005eb0| 1d 69 6e 64 69 76 69 64 | 75 61 6c 20 66 72 6f 6d |.individ|ual from|
|00005ec0| 20 73 6f 75 72 63 65 73 | 20 77 69 74 68 69 6e 20 | sources| within |
|00005ed0| 61 20 66 6f 72 65 69 67 | 6e 20 63 6f 75 6e 74 72 |a foreig|n countr|
|00005ee0| 79 20 6f 72 20 63 6f 75 | 6e 74 72 69 65 73 20 8d |y or cou|ntries .|
|00005ef0| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 77 68 |........|......wh|
|00005f00| 69 63 68 20 63 6f 6e 73 | 69 74 75 74 65 20 65 61 |ich cons|itute ea|
|00005f10| 72 6e 65 64 20 69 6e 63 | 6f 6d 65 20 61 74 74 72 |rned inc|ome attr|
|00005f20| 69 62 75 74 61 62 6c 65 | 20 74 6f 20 73 65 72 76 |ibutable| to serv|
|00005f30| 69 63 65 73 20 70 65 72 | 66 6f 72 6d 65 64 20 8d |ices per|formed .|
|00005f40| 0a 1d 0a 00 09 08 07 08 | 07 a0 0a 0a 00 1d 62 79 |........|......by|
|00005f50| 20 73 75 63 68 20 69 6e | 64 69 76 69 64 75 61 6c | such in|dividual|
|00005f60| 20 64 75 72 69 6e 67 20 | 74 68 65 20 70 65 72 69 | during |the peri|
|00005f70| 6f 64 20 64 65 73 63 72 | 69 62 65 64 20 69 6e 20 |od descr|ibed in |
|00005f80| 73 75 62 70 61 72 61 67 | 72 61 70 68 20 8d 0a 1d |subparag|raph ...|
|00005f90| 0a 00 09 08 07 08 07 a0 | 0a 0a 00 1d 28 41 29 20 |........|....(A) |
|00005fa0| 6f 72 20 28 42 29 20 6f | 66 20 73 75 62 73 65 63 |or (B) o|f subsec|
|00005fb0| 74 69 6f 6e 20 28 64 29 | 28 31 29 2c 20 77 68 69 |tion (d)|(1), whi|
|00005fc0| 63 68 65 76 65 72 20 69 | 73 20 61 70 70 6c 69 63 |chever i|s applic|
|00005fd0| 61 62 6c 65 2e 0d 0a 1d | 0a 00 09 08 07 08 07 a0 |able....|........|
|00005fe0| 0a 0a 00 1d 1d 0a 00 09 | 84 03 8c 0a 20 05 0a 00 |........|.... ...|
|00005ff0| 1d 28 42 29 1d 0a 00 09 | 68 01 10 0e 20 02 0a 00 |.(B)....|h... ...|
|00006000| 1d 43 65 72 74 61 69 6e | 20 61 6d 6f 75 6e 74 73 |.Certain| amounts|
|00006010| 20 6e 6f 74 20 69 6e 63 | 6c 75 64 65 64 20 69 6e | not inc|luded in|
|00006020| 20 66 6f 72 65 69 67 6e | 20 65 61 72 6e 65 64 20 | foreign| earned |
|00006030| 69 6e 63 6f 6d 65 2e 20 | 8d 0a 1d 0a 00 09 08 07 |income. |........|
|00006040| 08 07 a0 0a 0a 00 1d 2d | 2d 20 20 54 68 65 20 66 |.......-|- The f|
|00006050| 6f 72 65 69 67 6e 20 65 | 61 72 6e 65 64 20 69 6e |oreign e|arned in|
|00006060| 63 6f 6d 65 20 66 6f 72 | 20 61 6e 20 69 6e 64 69 |come for| an indi|
|00006070| 76 69 64 75 61 6c 20 73 | 68 61 6c 6c 20 6e 6f 74 |vidual s|hall not|
|00006080| 20 69 6e 63 6c 75 64 65 | 20 8d 0a 1d 0a 00 09 08 | include| .......|
|00006090| 07 08 07 a0 0a 0a 00 1d | 61 6d 6f 75 6e 74 73 20 |........|amounts |
|000060a0| 2d 2d 0d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |--......|........|
|000060b0| 1d 1d 0a 00 09 84 03 8c | 0a 20 05 0a 00 1d 28 69 |........|. ....(i|
|000060c0| 29 1d 0a 00 09 68 01 10 | 0e 20 02 0a 00 1d 72 65 |)....h..|. ....re|
|000060d0| 63 65 69 76 65 64 20 61 | 73 20 61 20 70 34 65 6e |ceived a|s a p4en|
|000060e0| 73 69 6f 6e 20 6f 72 20 | 61 6e 6e 75 69 74 79 2c |sion or |annuity,|
|000060f0| 0d 0a 1d 0a 00 09 08 07 | 08 07 a0 0a 0a 00 1d 1d |........|........|
|00006100| 0a 00 09 84 03 8c 0a 20 | 05 0a 00 1d 28 69 69 29 |....... |....(ii)|
|00006110| 1d 0a 00 09 b4 00 10 0e | 20 01 0a 00 1d 70 61 69 |........| ....pai|
|00006120| 64 20 62 79 20 74 68 65 | 20 55 6e 69 74 65 64 20 |d by the| United |
|00006130| 73 74 61 74 65 73 20 6f | 72 20 61 6e 20 61 67 65 |states o|r an age|
|00006140| 6e 63 79 20 74 68 65 72 | 65 6f 66 20 74 6f 20 61 |ncy ther|eof to a|
|00006150| 6e 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |n ......|........|
|00006160| 1d 65 6d 70 6c 6f 79 65 | 65 20 6f 66 20 74 68 65 |.employe|e of the|
|00006170| 20 55 6e 69 74 65 64 20 | 53 74 61 74 65 73 20 6f | United |States o|
|00006180| 72 20 61 6e 20 61 67 65 | 6e 63 79 20 74 68 65 72 |r an age|ncy ther|
|00006190| 65 6f 66 2c 0d 0a 1d 0a | 00 09 08 07 08 07 a0 0a |eof,....|........|
|000061a0| 0a 00 1d 1d 0a 00 09 84 | 03 8c 0a 20 05 0a 00 1d |........|... ....|
|000061b0| 28 69 69 69 29 20 69 6e | 63 6c 75 64 65 64 20 69 |(iii) in|cluded i|
|000061c0| 6e 20 67 72 6f 73 73 20 | 69 6e 63 6f 6d 65 20 62 |n gross |income b|
|000061d0| 79 20 72 65 61 73 6f 6e | 20 6f 66 20 73 65 63 74 |y reason| of sect|
|000061e0| 69 6f 6e 20 34 30 32 28 | 62 29 20 8d 0a 1d 0a 00 |ion 402(|b) .....|
|000061f0| 09 08 07 08 07 a0 0a 0a | 00 1d 28 72 65 6c 61 74 |........|..(relat|
|00006200| 69 6e 67 20 74 6f 20 74 | 61 78 61 62 69 6c 69 74 |ing to t|axabilit|
|00006210| 79 20 6f 66 20 62 65 6e | 65 66 69 63 69 61 72 79 |y of ben|eficiary|
|00006220| 20 6f 6e 20 6e 6f 6e 2d | 65 78 65 6d 70 74 20 74 | on non-|exempt t|
|00006230| 72 75 73 74 29 20 6f 72 | 20 8d 0a 1d 0a 00 09 08 |rust) or| .......|
|00006240| 07 08 07 a0 0a 0a 00 1d | 73 65 63 74 69 6f 6e 20 |........|section |
|00006250| 34 30 33 28 63 29 20 28 | 72 65 6c 61 74 69 6e 67 |403(c) (|relating|
|00006260| 20 74 6f 20 74 61 78 61 | 62 69 6c 69 74 79 20 6f | to taxa|bility o|
|00006270| 66 20 62 65 6e 65 66 69 | 63 69 61 72 79 20 75 6e |f benefi|ciary un|
|00006280| 64 65 72 20 61 20 8d 0a | 1d 0a 00 09 08 07 08 07 |der a ..|........|
|00006290| a0 0a 0a 00 1d 6e 6f 6e | 71 75 61 6c 69 66 69 65 |.....non|qualifie|
|000062a0| 64 20 61 6e 6e 75 69 74 | 79 29 2c 20 6f 72 0d 0a |d annuit|y), or..|
|000062b0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|000062c0| 09 84 03 8c 0a 20 05 0a | 00 1d 28 69 76 29 1d 0a |..... ..|..(iv)..|
|000062d0| 00 09 b4 00 10 0e 20 01 | 0a 00 1d 72 65 63 65 69 |...... .|...recei|
|000062e0| 76 65 64 20 61 66 74 65 | 72 20 74 68 65 20 63 6c |ved afte|r the cl|
|000062f0| 6f 73 65 20 6f 66 20 74 | 68 65 20 74 61 78 61 62 |ose of t|he taxab|
|00006300| 6c 65 20 79 65 61 72 20 | 66 6f 6c 6c 6f 77 69 6e |le year |followin|
|00006310| 67 20 8d 0a 1d 0a 00 09 | 08 07 08 07 a0 0a 0a 00 |g ......|........|
|00006320| 1d 74 68 65 20 74 61 78 | 61 62 6c 65 20 79 65 61 |.the tax|able yea|
|00006330| 72 20 69 6e 20 77 68 69 | 63 68 20 74 68 65 20 73 |r in whi|ch the s|
|00006340| 65 72 76 69 63 65 73 20 | 74 6f 20 77 68 69 63 68 |ervices |to which|
|00006350| 20 74 68 65 20 61 6d 6f | 75 6e 74 73 20 61 72 65 | the amo|unts are|
|00006360| 20 8d 0a 1d 0a 00 09 08 | 07 08 07 a0 0a 0a 00 1d | .......|........|
|00006370| 61 74 74 72 69 62 75 74 | 61 62 6c 65 20 61 72 65 |attribut|able are|
|00006380| 20 70 65 72 66 6f 72 6d | 65 64 2e 0d 0a 1d 0a 00 | perform|ed......|
|00006390| 09 08 07 08 07 a0 0a 0a | 00 1d 1d 0a 00 09 84 03 |........|........|
|000063a0| 8c 0a 20 05 0a 00 1d 28 | 32 29 1d 0a 00 09 68 01 |.. ....(|2)....h.|
|000063b0| 10 0e 20 02 0a 00 1d 4c | 69 6d 69 74 61 74 69 6f |.. ....L|imitatio|
|000063c0| 6e 20 6f 6e 20 66 6f 72 | 65 69 67 6e 20 65 61 72 |n on for|eign ear|
|000063d0| 6e 65 64 20 69 6e 63 6f | 6d 65 2e 20 2d 2d 0d 0a |ned inco|me. --..|
|000063e0| 1d 0a 00 09 08 07 08 07 | a0 0a 0a 00 1d 1d 0a 00 |........|........|
|000063f0| 09 84 03 8c 0a 20 05 0a | 00 1d 28 41 29 1d 0a 00 |..... ..|..(A)...|
+--------+-------------------------+-------------------------+--------+--------+
Only 25.0 KB of data is shown above.