skip navigation


TITLE 26 > Subtitle A > CHAPTER 1 > Subchapter B > PART III > § 115
Prev | Next

§ 115. Income of States, municipalities, etc.

How Current is This?
Gross income does not include—
(1) income derived from any public utility or the exercise of any essential governmental function and accruing to a State or any political subdivision thereof, or the District of Columbia; or
(2) income accruing to the government of any possession of the United States, or any political subdivision thereof.
Search this title:


Notes
No Pending Update(s)
Parallel authorities (CFR)
PDF (2 pages)

Title 26 RSS RSS feed
Prev | Next

LII has no control over and does not endorse any external Internet site that contains links to or references LII.
Study law abroad: Cornell Paris Institute