FEDERAL · 26 U.S.C. · Chapter 1
Cancellation of lease or distributor's agreement
Current through Pub. L. 119-102
Amounts received by a lessee for the cancellation of a lease, or by a distributor of goods for the cancellation of a distributor's agreement (if the distributor has a substantial capital investment in the distributorship), shall be considered as amounts received in exchange for such lease or agreement.
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26 U.S.C. § 1241 (Cancellation of lease or distributor's agreement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Commissioner of Internal Revenue v. José Ferrer
304 F.2d 125 (Second Circuit, 1962)
Commissioner of Internal Revenue v. The Pittston Company
252 F.2d 344 (Second Circuit, 1958)
Casas Office MacHines, Inc. v. Mita Copystar America, Inc.
961 F. Supp. 353 (D. Puerto Rico, 1997)
Source Credit
History
(Aug. 16, 1954, ch. 736, 68A Stat. 333.)