26 U.S.C. § 4404 — Territorial extent

FEDERAL · 26 U.S.C. · Chapter 35

Territorial extent

Current through Pub. L. 119-102

Title 26 — Internal Revenue Code·Ch. 35 — TAXES ON WAGERING·Subch. A

The tax imposed by this subchapter shall apply only to wagers

(1)accepted in the United States, or

(2)placed by a person who is in the United States

(A)with a person who is a citizen or resident of the United States, or

(B)in a wagering pool or lottery conducted by a person who is a citizen or resident of the United States.

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26 U.S.C. § 4404 (Territorial extent) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

(Aug. 16, 1954, ch. 736, 68A Stat. 525.)