26 USC 1381 - Organizations to which part applies

U.S Code last checked for updates: Nov 22, 2024

§ 1381.

Organizations to which part applies

(a)

In general

This part shall apply to—

(1)

any organization exempt from tax under section 521 (relating to exemption of farmers’ cooperatives from tax), and

(2)

any corporation operating on a cooperative basis other than an organization—

(A)

which is exempt from tax under this chapter,

(B)

which is subject to the provisions of—

(i)

part II of subchapter H (relating to mutual savings banks, etc.), or

(ii)

subchapter L (relating to insurance companies), or

(C)

which is engaged in furnishing electric energy, or providing telephone service, to persons in rural areas.

(b)

Tax on certain farmers’ cooperatives

(c)

Cross reference

(Added Pub. L. 87–834, § 17(a), Oct. 16, 1962, 76 Stat. 1045; amended Pub. L. 108–357, title III, § 319(d), Oct. 22, 2004, 118 Stat. 1472; Pub. L. 115–97, title I, § 13001(b)(2)(O), Dec. 22, 2017, 131 Stat. 2097.)

cite as: 26 USC 1381