[§1201. Repealed. Pub. L. 115–97, title I, § 13001(b)(2)(A), Dec. 22, 2017, 131 Stat. 2096 — repealed] — Inbound Citations

Citations to 26 U.S.C. § 1201 as a whole

• 26 U.S.C. § 104(a)(6)(A)

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  (A) section 1201 of the Omnibus Crime Control and Safe Streets Act of 1968 (42 U.S.C. 3796);¹ or
• 26 U.S.C. § 834(c)(6)

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  (6) Capital losses to the extent provided in subchapter P (sec. 1201 and following) plus losses from capital assets sold or exchanged in order to obtain funds to meet abnormal insurance losses and to provide for the payment of dividends and similar distributions to policyholders. Capital assets shall be considered as sold or exchanged in order to obtain funds to meet abnormal insurance losses and to provide for the payment of dividends and similar distributions to policyholders to the extent that the gross receipts from their sale or exchange are not greater than the excess, if any, for the taxable year of the sum of dividends and similar distributions paid to policyholders, losses paid, and expenses paid over the sum of the items described in subsection (b) (other than paragraph (1)(D) thereof) and net premiums received. In the application of section 1212 for purposes of this section, the net capital loss for the taxable year shall be the amount by which losses for such year from sales or exchanges of capital assets exceeds the sum of the gains from such sales or exchanges and whichever of the following amounts is the lesser:

  (A) the taxable investment income (computed without regard to gains or losses from sales or exchanges of capital assets); or

  (B) losses from the sale or exchange of capital assets sold or exchanged to obtain funds to meet abnormal insurance losses and to provide for the payment of dividends and similar distributions to policyholders.
• 26 U.S.C. § 6655(g)(1)

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  (1) For purposes of this section, the term “tax” means the excess of—

  (A) the sum of—

  (i) the tax imposed by section 11 or subchapter L of chapter 1, whichever applies,

  (ii) the tax imposed by section 55,

  (iii) the tax imposed by section 59A, plus

  (iv) the tax imposed by section 887, over

  (B) the credits against tax provided by part IV of subchapter A of chapter 1.

  For purposes of the preceding sentence, in the case of a foreign corporation subject to taxation under section 11 or 1201(a), or under subchapter L of chapter 1, the tax imposed by section 881 shall be treated as a tax imposed by section 11.