§ 1.991-1 Taxation of a domestic international sales corporation.
Amended 1998
- 1998 Pub. L. 105-206 Pub. L. 105–206 struck out “except for the tax imposed by chapter 5” before period at end.
Cases: Sam Goldberger, Inc. v. Commissioner, 88 T.C. 1532 (1987)
For purposes of the taxes imposed by this subtitle upon a DISC (as defined in section 992(a)), a DISC shall not be subject to the taxes imposed by this subtitle.