§7001 — Collection of foreign items
3 cases·3 cited
Statute Text — 26 U.S.C. §7001
All persons undertaking as a matter of business or for profit the collection of foreign payments of interest or dividends by means of coupons, checks, or bills of exchange shall obtain a license from the Secretary and shall be subject to such regulations enabling the Government to obtain the information required under subtitle A (relating to income taxes) as the Secretary shall prescribe.
For penalty for failure to obtain the license provided for in this section, see section 7231.
Treasury Regulations
- Treas. Reg. §Treas. Reg. §301.7001-1 License to collect foreign items
- Treas. Reg. §Treas. Reg. §301.7001-1(a) In general.
- Treas. Reg. §Treas. Reg. §301.7001-1(b) Definitions—(1) Foreign item.
- Treas. Reg. §Treas. Reg. §301.7001-1(c) Application for license.
- Treas. Reg. §Treas. Reg. §301.7001-1(d) Issuance of license.
- Treas. Reg. §Treas. Reg. §301.7001-1(e) Previous license holders.
- Treas. Reg. §Treas. Reg. §301.7001-1(f) Returns of information as to foreign items.
- Treas. Reg. §Treas. Reg. §301.7001-1(i) §301.7001-1(i)
3 Citing Cases
ile an informal letter in lieu of posttrial briefing. We have considered both petitioners’ letter and respondent’s response. 7 We infer that petitioners mean the credit allowed under the Families First Coronavirus Response Act, Pub. L. No. 116-127, § 7001, 134 Stat. 178, 210–12 (2020). 9 [*9] could not examine or question the evidence as he might have at trial. See id. at *9–10. Petitioners offer no explanation for their failure to raise these issues earlier, and respondent did not have an oppor