Pub. L. 117-2, tit. IX, subtit. G, pt. 8, sec. 9671

REPEAL OF ELECTION TO ALLOCATE INTEREST, ETC. ON WORLDWIDE BASIS.

EnactedYear: 2021Length: 46 wordsOfficial source
SEC. 9671. REPEAL OF ELECTION TO ALLOCATE INTEREST, ETC. ON WORLDWIDE BASIS.(a) In General.—Section 864 of the Internal Revenue Code of 1986 is amended by striking subsection (f). (b) Effective Date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2020.
Pub. L. 117-2, tit. IX, subtit. G, pt. 8, sec. 9671: REPEAL OF ELECTION TO ALLOCATE INTEREST, ETC. ON WORLDWIDE BASIS. | Justis AI