{"data":{"id":"us/26-u.s.c.-1241","jurisdiction":"us","citation":"26 U.S.C. § 1241","heading":"Cancellation of lease or distributor’s agreement","body":"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.","path":["Title 26—INTERNAL REVENUE CODE","CHAPTER 1—NORMAL TAXES AND SURTAXES"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc26@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:58:25Z","sha256":"715a9e4cba2bd371481603873260681314a1317bd6bc17e76b7c1bc285f8ba25","source_id":"us","stale":false,"prev":"us/26-u.s.c.-1240","next":"us/26-u.s.c.-1242"},"notice":"GroundRules: Original legal text. Not legal advice."}