§ 1.860A-0 Outline of REMIC provisions.§ 1.860A-1 Effective dates and transition rules.Prop. § 1.860A-0 Proposed 2007 · Outline of REMIC provisions.Prop. § 1.860A-0 Proposed 2019 · Outline of REMIC provisions.
Final rules 5
(a) General rule Except as otherwise provided in this part, a REMIC shall not be subject to taxation under this subtitle (and shall not be treated as a corporation, partnership, or trust for purposes of this subtitle).
Amended 1988
- 1988 Pub. L. 100-647 Pub. L. 100–647 substituted “this subtitle” for “this chapter” in two places.
(b) Income taxable to holders The income of any REMIC shall be taxable to the holders of interests in such REMIC as provided in this part.