XII
INTERNAL REVENUE CODE OF
1954
C H A P T E R 1. N o r m a l Taxes and Surtaxes—Continued SUBCHAPTER N. T a x based on income from sources within or without the United States—Continued Part II. Nonresident aliens and foreign corporations. Subpart A. Nonresident alien individuals. Sec. 871. T a x on nonresident alien individuals Sec. 872. Gross income Sec. 873. Deductions Sec. 874. Allowance of deductions and credits Sec. 875. Partnerships Sec. 876. Alien residents of P u e r to Rico Sec. 877. Foreign educational, charitable, and certain other exempt organizations Subpart B. Foreign corporations. Sec. 881. T a x on foreign corporations not engaged in business in United States. Sec. 882. T a x on resident foreign corporations Sec. 883. Exclusions from gross income Sec. 884. Cross references Subpart C. Miscellaneous provisions. Sec. 891. Doubling of r a t e s of tax on citizens and corporations of certain countries . Sec. 892, I n c o m e of foreign governments and of international organizations Sec. 893. Compensation of employees of foreign government s or international organizations Sec. 894. I n c o m e exempt under t r e a t y Part III. Income from sources without the United States. Subpart A. Foreign tax credit. Sec. 901. Taxes of foreign countries and of possessions of United States Sec. 902. Credit for corporate stockholder in foreign corporation Sec. 903. Credit for taxes in lieu of income, etc., tax e s - . Sec. 904. Limitations on credit Sec. 905. Applicable r u l e s. Subpart B. E a r n e d income of citizens of United States. Sec. 9 1 1. E a r n e d income from sources without the UnitedStates Sec. 912. Exemption for certain allowances ___^. Subpart C. Western Hemisphere trade corporations. Sec. 921, Definition of Western Hemisphere trade corporations Sec. 922. Special deduction Subpart D. Possessions of the United States. Sec. 931. Income from sources within possessions of the UnitedStates Sec. 932, Citizens of possessions of the United States,. Sec. 933. Income from sources within Puerto Rico Subpart E, China trade act corporations. Sec. 941, Special deduction for China Trade Act corporations Sec. 942. Disallowance of foreign tax credit Sec. 943. Exclusion of dividends to residents of Formosa or Hong Kong SUBCHAPTER O. Gain or loss on disposition of property. Part I. Determination of a m o u n t of and recognition of gain or loss. Sec. 1001. Determination of a m o u n t of and recognition of gain or loss Sec. 1002. Recognition of gain or loss Part II. Basis rules of general application. Sec. 1011. Adjusted basis for determining gain or loss__ Sec. 1012. Basis of property—cost Sec. 1013. Basis of property included in inventory Sec. 1014. Basis of property acquired from a d e c e d e n t. Sec. 1015. Basis of property acquired by gifts and transfers in t r u s t _._:
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