# 26 U.S.C. § 27: Taxes of foreign countries and possessions of the United States

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s27>. Cite pinpoints as 26 U.S.C. § 27(a)(1).

The amount of taxes imposed by foreign countries and possessions of the United States shall be allowed as a credit against the tax imposed by this chapter to the extent provided in section 901 [OLRC note: So in original. Probably should be followed by a period.]

## Connections

Cites: § 901 Taxes of foreign countries and of possessions of United States

Cited by: § 26 Limitation based on tax liability; definition of tax liability; § 30C Alternative fuel vehicle refueling property credit; § 55 Alternative minimum tax imposed; § 59 Other definitions and special rules; § 108 Income from discharge of indebtedness; § 469 Passive activity losses and credits limited; § 691 Recipients of income in respect of decedents; § 1351 Treatment of recoveries of foreign expropriation losses

Derived from: 1939 § 31

## Amendments

- 1954-08-16: [Act Aug. 16, 1954, ch. 736](/26/act/1954-ch736.md), 68A Stat. 13
- 1976-10-04: [Pub. L. 94-455](/26/act/94-455.md), 90 Stat. 1643
- 1984-07-18: [Pub. L. 98-369](/26/act/98-369.md), 98 Stat. 826
- 2018-03-23: [Pub. L. 115-141](/26/act/115-141.md), 132 Stat. 1206