22 U.S. Code § 3307 - Exemption from taxation

(a) United States, State, or local taxes
The Institute, its property, and its income are exempt from all taxation now or hereafter imposed by the United States (except to the extent that section 3310 (a)(3) of this title requires the imposition of taxes imposed under chapter 21 of title 26, relating to the Federal Insurance Contributions Act) or by any State or local taxing authority of the United States.
(b) Charitable contributions; transfers for public, charitable, and religious uses; charitable and similar gifts
For purposes of title 26, the Institute shall be treated as an organization described in sections 170 (b)(1)(A), 170 (c), 2055 (a), 2106 (a)(2)(A), 2522 (a), and 2522 (b) of title 26.

Source

(Pub. L. 96–8, § 8,Apr. 10, 1979, 93 Stat. 17; Pub. L. 99–514, § 2,Oct. 22, 1986, 100 Stat. 2095.)
References in Text

The Federal Insurance Contributions Act, referred to in subsec. (a), is act Aug. 16, 1954, ch. 736, §§ 3101, 3102, 3111, 3112, 3121 to 3128, 68A Stat. 415, as amended, which is classified generally to chapter 21 (§ 3101 et seq.) of Title 26, Internal Revenue Code. For complete classification of this Act to the Code, see section 3128 of Title 26 and Tables.
Amendments

1986—Pub. L. 99–514substituted in subsecs. (a) and (b) “Internal Revenue Code of 1986” for “Internal Revenue Code of 1954”, which for purposes of codification was translated as “title 26” thus requiring no change in text.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

22 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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