# 26 U.S.C. § 841: Credit for foreign taxes

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s841>. Cite pinpoints as 26 U.S.C. § 841(a)(1).

The taxes imposed by foreign countries or possessions of the United States shall be allowed as a credit against the tax of a domestic insurance company subject to the tax imposed by section 801 or 831, to the extent provided in the case of a domestic corporation in section 901 (relating to foreign tax credit). For purposes of the preceding sentence (and for purposes of applying section 906 with respect to a foreign corporation subject to tax under this subchapter), the term “taxable income” as used in section 904 means—

## § 841(1)

in the case of the tax imposed by section 801, the life insurance company taxable income (as defined in section 801(b)), and

## § 841(2)

in the case of the tax imposed by section 831, the taxable income (as defined in section 832(a)).

## Leading cases

- [Travelers Insurance Co. v. United States, 303 F.3d 1373 (Fed. Cir. 2002)](https://www.courtlistener.com/opinion/779177/the-travelers-insurance-company-v-united-states/)

## Connections

Cites: § 801 Tax imposed; § 831 Tax on insurance companies other than life insurance companies; § 832 Insurance company taxable income; § 901 Taxes of foreign countries and of possessions of United States; § 904 Limitation on credit; § 906 Nonresident alien individuals and foreign corporations

Cited by: none

Derived from: 1939 § 205; 1939 § 206

## Amendments

- 1954-08-16: [Act Aug. 16, 1954, ch. 736](/26/act/1954-ch736.md), 68A Stat. 267
- 1956-03-13: [Act Mar. 13, 1956, ch. 83](/26/act/1956-ch83.md), 70 Stat. 49
- 1959-06-25: [Pub. L. 86-69](/26/act/86-69.md), 73 Stat. 139
- 1962-10-16: [Pub. L. 87-834](/26/act/87-834.md), 76 Stat. 998
- 1966-11-13: [Pub. L. 89-809](/26/act/89-809.md), 80 Stat. 1562
- 1984-07-18: [Pub. L. 98-369](/26/act/98-369.md), 98 Stat. 755
- 1986-10-22: [Pub. L. 99-514](/26/act/99-514.md), 100 Stat. 2407