# Treas. Reg. § 1.864-1: Meaning of sale, etc.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-1.864-1>. Interprets 26 U.S.C. § 864.

For purposes of §§ 1.861 through 1.864-7, the word “sale” includes “exchange”; the word “sold” includes “exchanged”; the word “produced” includes “created”, “fabricated”, “manufactured”, “extracted”, “processed”, “cured”, and “aged”. 

[T.D. 6948, 33 FR 5090, Mar. 28, 1968]