26 U.S.C. § 1241: Cancellation of lease or distributor’s agreement
Where this section sits in the code
- Title 26—INTERNAL REVENUE CODE
- CHAPTER 1—NORMAL TAXES AND SURTAXES
Amounts received by a lessee for the cancellation of a lease, or by a distributor of goods for the cancellation of a distributor’s agreement (if the distributor has a substantial capital investment in the distributorship), shall be considered as amounts received in exchange for such lease or agreement.
Collected 2026-09-10T05:58:25Z. Source file · JSON