TITLE 26. INTERNAL REVENUE CODE § 903. Credit for taxes in lieu of income, etc., taxes., 26 USCS § 903

Summary

For purposes of this part [26 USCS §§ 901 et seq.] and of sections 164(a) and 275(a) [26 USCS §§ 164(a) and 265(a)], the term “income, war profits, and excess profits taxes” shall include a tax paid in lieu of a tax on income, war profits, or excess profits otherwise generally imposed by any foreign country or by any possession of the United States.