Source of Income from Sales of Inventory &
Natural Resources Produced in One Jurisdiction &
Sold in Another Jurisdiction

[4830-01-u] DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1 and 602 [TD 8687] RIN 1545-AT92

TITLE: Source of Income from Sales of Inventory and Natural Resources Produced in One Jurisdiction and Sold in Another Jurisdiction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final and temporary regulations.

SUMMARY: This document contains regulations governing the source of income from sales of natural resources or other inventory produced in the United States and sold outside the United States or produced outside the United States and sold in the United States. This document affects persons who produce natural resources or other inventory in the United States and sell outside the United States, or produce natural resources or other inventory outside the United States and sell in the United States.

EFFECTIVE DATE: December 30, 1996.

APPLICABILITY: These regulations apply to taxable years beginning after December 30, 1996. However, taxpayers may apply.

FOR FURTHER INFORMATION CONTACT: Anne Shelburne, (202) 622-3880 (not a toll free number).

Click here to continue the regulation.

SEARCH:

You can search the entire Tax Professionals section, or all of Uncle Fed's Tax*Board. For a more focused search, put your search word(s) in quotes.

1997 Regulations Main | IRS Regulations Main | Home