# 26 U.S.C. § 853: Foreign tax credit allowed to shareholders

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t26_s853

## Section

- **Citation:** 26 U.S.C. § 853
- **Heading:** Foreign tax credit allowed to shareholders
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 16, 2026
- **Source:** Publisher's official text
- **Location:** Title 26—INTERNAL REVENUE CODE > Subtitle A—Income Taxes > CHAPTER 1—NORMAL TAXES AND SURTAXES > Subchapter M—Regulated Investment Companies and Real Estate Investment Trusts > PART I—REGULATED INVESTMENT COMPANIES

## Text

more than 50 percent of the value (as defined in section 851(c)(4)) of whose total assets at the close of the taxable year consists of stock or securities in foreign corporations, and

( Aug. 16, 1954, ch. 736 , 68A Stat. 272 ; Pub. L. 88–272, title II, § 229(a)(3) , Feb. 26, 1964 , 78 Stat. 99 ; Pub. L. 94–455, title XIX, § 1906(b)(13)(A) , Oct. 4, 1976 , 90 Stat. 1834 ; Pub. L. 99–514, title VI, § 655(a)(3) , Oct. 22, 1986 , 100 Stat. 2299 ; Pub. L. 105–34, title X, § 1053(b) , Aug. 5, 1997 , 111 Stat. 943 ; Pub. L. 105–206, title VI, § 6010(k)(1) , (2), July 22, 1998 , 112 Stat. 815 ; Pub. L. 109–135, title IV, § 403(aa)(1) , Dec. 21, 2005 , 119 Stat. 2630 ; Pub. L. 111–325, title III, § 301(c) , Dec. 22, 2010 , 124 Stat. 3544 .)

## Nearby sections

- [26 U.S.C. § 851 Definition of regulated investment company](https://www.frixlaw.com/law-library/statutes/usc_t26_s851.md)
- [26 U.S.C. § 852 Taxation of regulated investment companies and their shareholders](https://www.frixlaw.com/law-library/statutes/usc_t26_s852.md)
- [26 U.S.C. § 853 Foreign tax credit allowed to shareholders](https://www.frixlaw.com/law-library/statutes/usc_t26_s853.md)
- [26 U.S.C. § 853A Credits from tax credit bonds allowed to shareholders](https://www.frixlaw.com/law-library/statutes/usc_t26_s853A.md)
- [26 U.S.C. § 854 Limitations applicable to dividends received from regulated investment company](https://www.frixlaw.com/law-library/statutes/usc_t26_s854.md)
- [26 U.S.C. § 855 Dividends paid by regulated investment company after close of taxable year](https://www.frixlaw.com/law-library/statutes/usc_t26_s855.md)
- [26 U.S.C. § 856 Definition of real estate investment trust](https://www.frixlaw.com/law-library/statutes/usc_t26_s856.md)
- [26 U.S.C. § 857 Taxation of real estate investment trusts and their beneficiaries](https://www.frixlaw.com/law-library/statutes/usc_t26_s857.md)
- [26 U.S.C. § 858 Dividends paid by real estate investment trust after close of taxable year](https://www.frixlaw.com/law-library/statutes/usc_t26_s858.md)
- [26 U.S.C. § 859 Adoption of annual accounting period](https://www.frixlaw.com/law-library/statutes/usc_t26_s859.md)
- [26 U.S.C. § 860 Deduction for deficiency dividends](https://www.frixlaw.com/law-library/statutes/usc_t26_s860.md)
- [26 U.S.C. § 860A Taxation of REMIC’s](https://www.frixlaw.com/law-library/statutes/usc_t26_s860A.md)
- [26 U.S.C. § 860B Taxation of holders of regular interests](https://www.frixlaw.com/law-library/statutes/usc_t26_s860B.md)
- [26 U.S.C. § 860C Taxation of residual interests](https://www.frixlaw.com/law-library/statutes/usc_t26_s860C.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t26_s853. Check the current official text before relying on it. Not legal advice.