# 26 U.S.C. § 860A: Taxation of REMIC’s

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s860A>. Cite pinpoints as 26 U.S.C. § 860A(a)(1).

## § 860A(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).

## § 860A(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.

## Regulations

- [Treas. Reg. § 1.860A-0](/26/reg/1.860A-0.md): Outline of REMIC provisions. (interprets § 860A)
- [Treas. Reg. § 1.860A-1](/26/reg/1.860A-1.md): Effective dates and transition rules. (interprets § 860A)

## Final rules

- [74 FR 47436](https://www.federalregister.gov/documents/2009/09/16/E9-22215/modifications-of-commercial-mortgage-loans-held-by-a-real-estate-mortgage-investment-conduit-remic) (2009): Modifications of Commercial Mortgage Loans Held by a Real Estate Mortgage Investment Conduit (REMIC)
- [73 FR 40171](https://www.federalregister.gov/documents/2008/07/14/E8-15940/remic-residual-interests-accounting-for-remic-net-income-including-any-excess-inclusions-foreign) (2008): REMIC Residual Interests-Accounting for REMIC Net Income (Including Any Excess Inclusions) (Foreign Holders)
- [71 FR 43363](https://www.federalregister.gov/documents/2006/08/01/E6-12363/remic-residual-interests-accounting-for-remic-net-income-including-any-excess-inclusions-foreign) (2006): REMIC Residual Interests-Accounting for REMIC Net Income (Including Any Excess Inclusions) (Foreign Holders)
- [69 FR 26040](https://www.federalregister.gov/documents/2004/05/11/04-10684/real-estate-mortgage-investment-conduits-application-of-section-446-with-respect-to-inducement-fees) (2004): Real Estate Mortgage Investment Conduits; Application of Section 446 With Respect to Inducement Fees
- [60 FR 42785](https://www.federalregister.gov/documents/1995/08/17/95-20319/real-estate-mortgage-investment-conduits) (1995): Real Estate Mortgage Investment Conduits

## Proposed regulations (not in force)

- [Prop. Treas. Reg. § 1.860A-0](/26/prop/1.860A-0_E7-21987.md): Outline of REMIC provisions. (REG-127770-07, proposed 2007-11-09)
- [Prop. Treas. Reg. § 1.860A-0](/26/prop/1.860A-0_2019-22042.md): Outline of REMIC provisions. (REG-118784-18, proposed 2019-10-09)

## Amendments

- 1986-10-22: [Pub. L. 99-514](/26/act/99-514.md), 100 Stat. 2309
- 1988-11-10: [Pub. L. 100-647](/26/act/100-647.md), 102 Stat. 3426