Amended 1958
- 1958 Pub. L. 85-859 Pub. L. 85–859 reenacted section without change.
The tax imposed by section 4371 shall not apply to—
(1) Effectively connected items Any amount which is effectively connected with the conduct of a trade or business within the United States unless such amount is exempt from the application of section 882(a) pursuant to a treaty obligation of the United States.
Amended 1976, 1988
- 1988 Pub. L. 100-647 Pub. L. 100–647 amended par. (1) generally, substituting provisions relating to effectively connected items for provisions relating to domestic agent.
- 1976 Pub. L. 94-455 Pub. L. 94–455 substituted “State, or in the District of Columbia, within” for “State, Territory, or District of the United States within”.
Cases: Validus Reinsurance v. United States, 786 F.3d 1039 (D.C. Cir. 2015); Medi-Trust Reinsurance v. United States, 37 Fed. Cl. 428 (Fed. Cl. 1997)
(2) Indemnity bond Any indemnity bond required to be filed by any person to secure payment of any pension, allowance, allotment, relief, or insurance by the United States, or to secure a duplicate for, or the payment of, any bond, note, certificate of indebtedness, war-saving certificate, warrant or check, issued by the United States.