# 26 U.S.C. § 901: Taxes of foreign countries and of possessions of United States

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t26_s901

## Section

- **Citation:** 26 U.S.C. § 901
- **Heading:** Taxes of foreign countries and of possessions of United States
- **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 N—Tax Based on Income From Sources Within or Without the United States > PART III—INCOME FROM SOURCES WITHOUT THE UNITED STATES > Subpart A—Foreign Tax Credit

## Text

If the taxpayer chooses to have the benefits of this subpart, the tax imposed by this chapter shall, subject to the limitation of section 904, be credited with the amounts provided in the applicable paragraph of subsection (b) plus, in the case of a corporation, the taxes deemed to have been paid under section 960. Such choice for any taxable year may be made or changed at any time before the expiration of the period prescribed for making a claim for credit or refund of the tax imposed by this chapter for such taxable year. The credit shall not be allowed against any tax treated as a tax not imposed by this chapter under section 26(b).

( Aug. 16, 1954, ch. 736 , 68A Stat. 285 ; Pub. L. 86–780, § 3(a) , (b), Sept. 14, 1960 , 74 Stat. 1013 ; Pub. L. 87–834 , §§ 9(d)(3), 12(b)(1), Oct. 16, 1962 , 76 Stat. 1001 , 1031; Pub. L. 88–272, title II, § 207(b)(7) , Feb. 26, 1964 , 78 Stat. 42 ; Pub. L. 89–384, § 1(c)(2) , Apr. 8, 1966 , 80 Stat. 102 ; Pub. L. 89–809, title I, § 106(a)(4) , (5), (b)(1), (2), Nov. 13, 1966 , 80 Stat. 1569 ; Pub. L. 91–172, title III, § 301(b)(9) , title V, § 506(a), Dec. 30, 1969 , 83 Stat. 585 , 634; Pub. L. 92–178, title V, § 502(b)(1) , Dec. 10, 1971 , 85 Stat. 549 ; Pub. L. 93–406, title II , §§ 2001(g)(2)(C), 2002(g)(3), 2005(c)(5), Sept. 2, 1974 , 88 Stat. 957 , 968, 991; Pub. L. 94–12, title VI, § 601(b) , Mar. 29, 1975 , 89 Stat. 57 ; Pub. L. 94–455, title X , §§ 1031(b)(1), 1051(d), title XIX, § 1901(b)(1)(H)(iii), (37)(A), Oct. 4, 1976 , 90 Stat. 1622 , 1645, 1791, 1803; Pub. L. 95–600, title VII, § 701(u)(1)(A) , (B), Nov. 6, 1978 , 92 Stat. 2912 ; Pub. L. 97–248, title II, § 201(d)(8)(A) , formerly § 201(c)(8)(A), § 265(b)(2)(A)(iv), Sept. 3, 1982 , 96 Stat. 420 , 547, renumbered § 201(d)(8)(A), Pub. L. 97–448, title III, § 306(a)(1)(A)(i) , Jan. 12, 1983 , 96 Stat. 2400 ; Pub. L. 98–369, div. A, title IV, § 474(r)(20) , title VI, § 612(e)(1), title VII, § 713(c)(1)(C), title VIII, § 801(d)(1), July 18, 1984 , 98 Stat. 843 , 912, 957, 995; Pub. L. 99–509, title VIII, § 8041(a) , Oct. 21, 1986 , 100 Stat. 1962 ; Pub. L. 99–514, title I, § 112(b)(3) , title XII, § 1204(a), title XVIII, § 1876(p)(2), Oct. 22, 1986 , 100 Stat. 2109 , 2532, 2902; Pub. L. 100–203, title X, § 10231(a) , (b), Dec. 22, 1987 , 101 Stat. 1330–418 , 1330–419; Pub. L. 100–647, title I, § 1012(j) , title II, § 2003(c)(1), Nov. 10, 1988 , 102 Stat. 3512 , 3598; Pub. L. 103–149, § 4(b)(8)(A) , Nov. 23, 1993 , 107 Stat. 1505 ; Pub. L. 104–188, title I, § 1904(b)(2) , Aug. 20, 1996 , 110 Stat. 1912 ; Pub. L. 105–34, title X, § 1053(a) , title XI, § 1142(e)(4), Aug. 5, 1997 , 111 Stat. 941 , 983; Pub. L. 105–206, title VI, § 6010(k)(3) , July 22, 1998 , 112 Stat. 815 ; Pub. L. 106–200, title VI, § 601(a) , May 18, 2000 , 114 Stat. 305 ; Pub. L. 108–311, title IV, § 406(g) , Oct. 4, 2004 , 118 Stat. 1190 ; Pub. L. 108–357, title IV, § 405(b) , title VIII, § 832(a), (b), Oct. 22, 2004 , 118 Stat. 1498 , 1587, 1588; Pub. L. 109–135, title IV, § 403(aa)(2) , Dec. 21, 2005 , 119 Stat. 2630 ; Pub. L. 110–172, § 11(g)(9) , Dec. 29, 2007 , 121 Stat. 2490 ; Pub. L. 111–226, title II, § 212(a) , Aug. 10, 2010 , 124 Stat. 2396 ; Pub. L. 115–97, title I, § 14301(c)(7) –(14), Dec. 22, 2017 , 131 Stat. 2222 , 2223; Pub. L. 115–141, div. U, title IV, § 401(d)(1)(D)(xii) , Mar. 23, 2018 , 132 Stat. 1208 .)

## Nearby sections

- [26 U.S.C. § 901 Taxes of foreign countries and of possessions of United States](https://www.frixlaw.com/law-library/statutes/usc_t26_s901.md)
- [26 U.S.C. § 902 Repealed. Pub. L. 115–97, title I, § 14301(a) , Dec. 22, 2017 , 131 Stat. 2221 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s902.md)
- [26 U.S.C. § 903 Credit for taxes in lieu of income, etc., taxes](https://www.frixlaw.com/law-library/statutes/usc_t26_s903.md)
- [26 U.S.C. § 904 Limitation on credit](https://www.frixlaw.com/law-library/statutes/usc_t26_s904.md)
- [26 U.S.C. § 905 Applicable rules](https://www.frixlaw.com/law-library/statutes/usc_t26_s905.md)
- [26 U.S.C. § 906 Nonresident alien individuals and foreign corporations](https://www.frixlaw.com/law-library/statutes/usc_t26_s906.md)
- [26 U.S.C. § 907 Special rules in case of foreign oil and gas income](https://www.frixlaw.com/law-library/statutes/usc_t26_s907.md)
- [26 U.S.C. § 908 Reduction of credit for participation in or cooperation with an international boycott](https://www.frixlaw.com/law-library/statutes/usc_t26_s908.md)
- [26 U.S.C. § 909 Suspension of taxes and credits until related income taken into account](https://www.frixlaw.com/law-library/statutes/usc_t26_s909.md)
- [26 U.S.C. § 911 Citizens or residents of the United States living abroad](https://www.frixlaw.com/law-library/statutes/usc_t26_s911.md)
- [26 U.S.C. § 912 Exemption for certain allowances](https://www.frixlaw.com/law-library/statutes/usc_t26_s912.md)
- [26 U.S.C. § 913 Repealed. Pub. L. 97–34, title I, § 112(a) , Aug. 13, 1981 , 95 Stat. 194 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s913.md)
- [26 U.S.C. § 921 to 927 Repealed. Pub. L. 106–519, § 2 , Nov. 15, 2000 , 114 Stat. 2423 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s921...927.md)
- [26 U.S.C. § 931 Income from sources within Guam, American Samoa, or the Northern Mariana Islands](https://www.frixlaw.com/law-library/statutes/usc_t26_s931.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t26_s901. Check the current official text before relying on it. Not legal advice.