<!-- TTST:[]: TTC:[I]: TTSC:[G]: TTT:[r]: TTS:[521.102]: TTCP:[Applicable provisions of the Internal Revenue Code]: TTCI:[Reg. 521.102]: TTB:[1d.php?v=sr&s=521.101]: TTA:[1d.php?v=sr&s=521.103]: TTD:[9950]: -->

TREASURY REGULATIONS


Index  » Subchapter G  » Reg. 521.102

Reg. 521.102
Applicable provisions of the Internal Revenue Code

January 14, 2024


§ 521.101 « Browse » § 521.103

Treas. Reg. § 521.102.  Applicable provisions of the Internal Revenue Code

(a) The Internal Revenue Code provides in part as follows:

Chapter I—Income Tax

Sec. 22. Gross income.

(b) Exclusions from gross income. The following items shall not be included in gross income and shall be exempt from taxation under this chapter:

(7) Income exempt under treaty. Income of any kind, to the extent required by any treaty obligation of the United States;

Sec. 62. Rules and regulations. The Commissioner, with the approval of the Secretary, shall prescribe and publish all needful rules and regulations for the enforcement of this chapter.

(b) Pursuant to section 62 of the Internal Revenue Code, other provisions of the internal revenue laws, and to Article XXII of the convention, the following regulations, which are designated as §§ 521.101 to 521.117 are hereby prescribed and all regulations inconsistent herewith are modified accordingly.

 

The preliminary Code is a preliminary release of the Internal Revenue Code of 1986 (the "Code") by the Office of the Law Revision Counsel and is subject to further revision before it is released again as a final version. The source of the preliminary Code used in TouchTax is available here: https://uscode.house.gov/download/download.shtml. The Code is a consolidation and codification by subject matter of the general and permanent laws of the U.S. prepared by the Office of the Law Revision Counsel of the U.S. House of Representatives. The Treasury Regulations are a codification of the general and permanent rules published in the Federal Register by the departments and agencies of the federal government. The version of the Treasury Regulations available within TouchTax is part of the Electronic Code of Federal Regulations which is not an official legal edition of the Code of Federal Regulations but is an editorial compilation of CFR material and Federal Register amendments produced by the National Archives and Records Administration's Office of the Federal Register (OFR) and the Government Publishing Office. The source of the CFR used in TouchTax is available here: https://www.govinfo.gov/bulkdata/ECFR/title-26. Those using TouchTax for legal research should verify their results against the printed versions of the Code and Treasury Regulations. TouchTax is copyright 2024 by Com-Lab (Mobile). Learn more at http://touchtax.edrich.de.