IRC Authority Graph

§921 — [§§921 to 927. Repealed. Pub. L. 106–519, §2, Nov. 15, 2000, 114 Stat. 2423 ] Section 921, added Pub. L. 98–369, div. A, title VIII, §801(a), July 18, 1984, 98 Stat. 985 , provided for exclusion from gross income of exempt foreign trade income.

157 cases·157 cited

Statute Text — 26 U.S.C. §921

Statute text not available for this section.

Treasury Regulations

  • Treas. Reg. §Treas. Reg. §1.921-1T Temporary regulations providing transition rules for DISCs and FSCs
  • Treas. Reg. §Treas. Reg. §1.921-1T(a) Termination of a DISC—(1) At end of 1984.
  • Treas. Reg. §Treas. Reg. §1.921-1T(b) Establishing and electing status as a FSC, small FSC or interest charge DISC—(1) Ninety-day period.
  • Treas. Reg. §Treas. Reg. §1.921-1T(c) Export Trade Corporations—(1) Previously taxed income.
  • Treas. Reg. §Treas. Reg. §1.921-1T(i) §1.921-1T(i)
  • Treas. Reg. §Treas. Reg. §1.921-2 Foreign Sales Corporation—general rules
  • Treas. Reg. §Treas. Reg. §1.921-2(a) Definition of a FSC and the Effect of a FSC Election.
  • Treas. Reg. §Treas. Reg. §1.921-2(b) Small FSC.
  • Treas. Reg. §Treas. Reg. §1.921-2(c) Comparison of FSC to DISC.
  • Treas. Reg. §Treas. Reg. §1.921-2(d) Organization of a FSC.
  • Treas. Reg. §Treas. Reg. §1.921-2(e) Foreign Trade Income.
  • Treas. Reg. §Treas. Reg. §1.921-2(f) Investment Income and Carrying Charges.
  • Treas. Reg. §Treas. Reg. §1.921-2(g) Small Businesses.
  • Treas. Reg. §Treas. Reg. §1.921-2(i) §1.921-2(i)
  • Treas. Reg. §Treas. Reg. §1.921-2(v) A FSC must maintain within the United States the records required under section 6001.

157 Citing Cases

Martin C. Cooper, Petitioner T.C. Memo. 2010-214 · 2010

4Petitioner has asked the Court to "draw a defining line explaining what qualifies as permissive supervisory control under section 921(a) of the Taxpayer's Relief Act of 1997 when determining employment status of a securities broker dealer for purposes of the Internal Revenue Code".

Electronic Arts, Inc. and Subsidiaries, Petitioner 118 T.C. No. 13 · 2002

Respondent contends that “Cases arising under * * * [the WHTC provisions] are not applicable to a section 936 issue” (a contention we reject), and urges us to focus on “the contrary holding in another section 921 case, United States Gypsum Company v.

Electronic Arts Puerto Rico, Inc., Petitioner 118 T.C. No. 13 · 2002

Respondent contends that “Cases arising under * * * [the WHTC provisions] are not applicable to a section 936 issue” (a contention we reject), and urges us to focus on “the contrary holding in another section 921 case, United States Gypsum Company v.

Electronic Arts, Inc. v. Commissioner 118 T.C. 226 · 2002

Respondent contends that “Cases arising under * * * [the WHTC provisions] are not applicable to a section 936 issue” (a contention we reject), and urges us to focus on “the contrary holding in another section 921 case, United States Gypsum Co.

Union Carbide Corporation & Subsidiaries, Petitioner 110 T.C. No. 28 · 1998

Section 925(a) provides in pertinent part: SEC. 925 (a). In General.--In the case of a sale of export property to a FSC by a person described in section 482, the taxable income of such FSC and such person shall be based upon a transfer price which would allow such FSC to derive taxable income attributable to such sale (regardless of th

Union Carbide Corp. v. Commissioner 110 T.C. 375 · 1998

Section 925(a) provides in pertinent part: SEC. 925 (a). In General. — In the case of a sale of export property to a FSC by a person described in section 482, the taxable income of such FSC and such person shall be based upon a transfer price which would allow such FSC to derive taxable income attributable to such sale (regardless of t

Celia Mazzei, Petitioner · 2018
Angelo L. Mazzei & Mary E. Mazzei, Petitioners · 2018
Guy F. Atkinson Co. v. Commissioner 82 T.C. 275 · 1984
Kates Holding Co. v. Commissioner 79 T.C. 700 · 1982
Miami Purchasing Service Corp. v. Commissioner 76 T.C. 818 · 1981
Union Carbide Corp. v. Commissioner 75 T.C. 220 · 1980
Mid-Continent Supply Co. v. Commissioner 67 T.C. 37 · 1976
Kewanee Oil Co. v. Commissioner 62 T.C. 728 · 1974
Burke Concrete Accessories, Inc. v. Commissioner 56 T.C. 588 · 1971
American Manufacturing Co. v. Commissioner 55 T.C. 204 · 1970
Donaldson v. Commissioner 51 T.C. 830 · 1969
Pan American Eutectic Welding Alloys Co. v. Commissioner 36 T.C. 284 · 1961
Topps of Canada, Ltd. v. Commissioner 36 T.C. 326 · 1961
Barber-Greene Americas, Inc. v. Commissioner 35 T.C. 365 · 1960
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American Arms International v. Herbert 563 F.3d 78 · Cir.
United States v. Nahsiem McIntosh 124 F.4th 199 · Cir.
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Ken Lick Coal Co. v. OWCP 129 F.4th 370 · Cir.
United States v. Barry Croft, Jr. · Cir.
Kwai Wong v. David Beebe 732 F.3d 1030 · Cir.
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Robert Bautista v. Atty Gen USA · Cir.
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United States v. Nunez 852 F.3d 141 · Cir.
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Aposhian v. Barr 958 F.3d 969 · Cir.
United States v. Thomas Kuzma 967 F.3d 959 · Cir.
Lisa Folajtar v. Attorney General USA 980 F.3d 897 · Cir.
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United States v. Eric Woodberry 987 F.3d 1231 · Cir.
United States v. Scott 990 F.3d 94 · Cir.
Aposhian v. Wilkinson 989 F.3d 890 · Cir.
United States v. Shawn Bacon 991 F.3d 835 · Cir.
Gun Owners of America, Inc. v. Merrick B. Garland 992 F.3d 446 · Cir.
Celia Mazzei v. Cir · Cir.
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Gun Owners of America, Inc. v. Merrick B. Garland 19 F.4th 890 · Cir.
Cargill v. Garland 20 F.4th 1004 · Cir.
United States v. Gallardo-Ortiz 666 F.3d 808 · Cir.
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United States v. Broadnax 601 F.3d 336 · Cir.
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United States v. Krug 20 F. App'x 271 · Cir.
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United States v. Pritchett 40 F. App'x 901 · Cir.
United States v. Fridley 43 F. App'x 830 · Cir.
United States v. Luis Manuel Pea-Lora, United States of America v. Jorge Lorenzo-Hernandez, United States of America v. Thomas Lorenzo-P&eacuterez, United States of America v. Lorenzo Pea-Morfe 225 F.3d 17 · Cir.
United States v. Derek Pedragh, Also Known as Derrick Pedraja, Also Known as Derik Pedraja, Also Known as Derek Pedraja 225 F.3d 240 · Cir.
Antonia Trinidad Aybar-Alejo v. Immigration and Naturalization Service 230 F.3d 487 · Cir.
United States v. Peter Kevin Langan 263 F.3d 613 · Cir.
Custom Ship Interiors v. Roberts 300 F.3d 510 · Cir.
United States v. Frenklyn Piggie 316 F.3d 789 · Cir.
United States v. Robert Junior Wardrick 350 F.3d 446 · Cir.
United States v. Mark Backer, United States of America v. Mark Backer 362 F.3d 504 · Cir.
United States v. Clifton Lamount Williams 364 F.3d 556 · Cir.
United States v. Demetrius Wynn 365 F.3d 546 · Cir.
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United States v. Michael John Walker 428 F.3d 1165 · Cir.
United States v. Rysheen Bowers 432 F.3d 518 · Cir.
United States v. Drexel Lee Dukes, Jr. 432 F.3d 910 · Cir.
United States v. Thomas Edward Uzenski 434 F.3d 690 · Cir.
United States v. Ernest Roberts 442 F.3d 128 · Cir.
United States v. Ben J. Mullins 446 F.3d 750 · Cir.
United States v. Andre Mills 485 F.3d 219 · Cir.
United States v. Roszkowski 700 F.3d 50 · Cir.
United States v. Broadnax 595 F.3d 565 · Cir.
Oppedisano v. Holder 769 F.3d 147 · Cir.
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United States v. Shelton 364 F. App'x 733 · Cir.
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Cargill v. Garland 57 F.4th 447 · Cir.
Scott Hardin v. ATF 65 F.4th 895 · Cir.
Bryan Range v. Attorney General United States 69 F.4th 96 · Cir.
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Mock v. Garland 75 F.4th 563 · Cir.
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VanDerStok v. Garland 86 F.4th 179 · Cir.
United States v. Chaires 88 F.4th 172 · Cir.
United States v. Nieves-Diaz 99 F.4th 1 · Cir.
United States v. Morales-Velez 100 F.4th 334 · Cir.
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