§1803

5 cases·2 followed·3 cited—40% support

Statute Text — 26 U.S.C. §1803

Statute text not available for this section.

5 Citing Cases

FOLLOWED Security State Bank, Petitioner 111 T.C. No. 8 · 1998

Accordingly, we hold that the loans here in dispute are not the sort of obligations or instruments to which section 1281 applied as enacted in 1984.

U.S. Bancorp, Successor in Interest to West One Bancorp and Subsidiaries, f.k.a. Moore Financial Group, Inc., Petitioner T.C. Memo. 1998-381 · 1998

sults obtain, for any taxable year.9 First, under sections 1281(a)(1) 8 These provisions were added to the Code in 1984, by the Deficit Reduction Act of 1984 (DEFRA), Pub. L. 98-369, sec. 41(a), 98 Stat. 548. The provisions were amended in 1986, by sec. 1803(a)(8) of TRA 1986, 100 Stat. 2794. 9 Sec. 1281(a) provides as follows: SEC. 1281. CURRENT INCLUSION IN INCOME OF DISCOUNT ON CERTAIN SHORT-TERM OBLIGATIONS. (a) General Rule.--In the case of any short-term obligation to which this section ap

Security Bank Minnesota v. Commissioner 98 T.C. 33 · 1992

Turecamo v. Commissioner 64 T.C. 720 · 1975

Heidel v. Commissioner 56 T.C. 95 · 1971