In the case of a domestic corporation, there shall be allowed as a deduction amounts (to the extent not compensated for) paid or incurred pursuant to an agreement entered into under section 3121(l ) with respect to services performed by United States citizens employed by foreign subsidiary corporations. Any reimbursement of any amount previously allowed as a deduction under this section shall be included in gross income for the taxable year in which received.
Cited in 1 Tax Court opinion, 0 orders, and 0 briefs.
Current through Pub. L. 119-102 (2026-07-12).
← Back to Internal Revenue Code
This is a Docket.tax digital transcription provided for reference only and may lag the very latest amendments — always confirm against the official U.S. Code linked above. Docket.tax is an independent tool, not affiliated with, endorsed by, or operated by the Office of the Law Revision Counsel or the U.S. Tax Court.