- § 241. Allowance of special deductions
- [§ 242. Repealed. Pub. L. 94–455, title XIX, § 1901(a)(33), Oct. 4, 1976, 90 Stat. 1769]
- § 243. Dividends received by corporations
- [§ 244. Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043]
- § 245. Dividends received from certain foreign corporations
- § 245A. Deduction for foreign source-portion of dividends received by domestic corporations from specified 10-percent owned foreign corporations
- § 246. Rules applying to deductions for dividends received
- § 246A. Dividends received deduction reduced where portfolio stock is debt financed
- § 247. Contributions to Alaska Native Settlement Trusts
- § 248. Organizational expenditures
- § 249. Limitation on deduction of bond premium on repurchase
- § 250. Foreign-derived deduction eligible income and net CFC tested income
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26 U.S. Code Subtitle A Chapter 1 Subchapter B Part VIII - SPECIAL DEDUCTIONS FOR CORPORATIONS
Editorial Notes
Amendments
2025—Pub. L. 119–21, title VII, § 70323(b)(2)(C)(iii), July 4, 2025, 139 Stat. 206, substituted “Foreign-derived deduction eligible” for “Foreign-derived intangible” in item 250.
Pub. L. 119–21, title VII, § 70323(a)(3)(A)(iii), July 4, 2025, 139 Stat. 205, which directed amendment of the table of sections for part VII of subchapter B of chapter 1 of this title by substituting “net CFC tested income” for “global intangible low-taxed income” in item 250, was executed to the table of sections for this part to reflect the probable intent of Congress.
2017—Pub. L. 115–97, title I, §§ 13821(b)(2), 14101(e)(3), 14202(b)(4), Dec. 22, 2017, 131 Stat. 2181, 2192, 2216, added items 245A, 247, and 250.
2014—Pub. L. 113–295, div. A, title II, § 221(a)(41)(A), Dec. 19, 2014, 128 Stat. 4043, struck out item 244 “Dividends received on certain preferred stock” and item 247 “Dividends paid on certain preferred stock of public utilities”.
1990—Pub. L. 101–508, title XI, § 11801(b)(4), Nov. 5, 1990, 104 Stat. 1388–522, struck out item 250 “Certain payments to the National Railroad Passenger Corporation”.
1984—Pub. L. 98–369, div. A, title I, § 51(b), July 18, 1984, 98 Stat. 564, added item 246A.
1976—Pub. L. 94–455, title XIX, § 1901(b)(1)(AA), Oct. 4, 1976, 90 Stat. 1792, struck out item 242 “Partially tax-exempt interest”.
1970—Pub. L. 91–518, title IX, § 901(b), Oct. 30, 1970, 84 Stat. 1342, added item 250.
1969—Pub. L. 91–172, title IV, § 414(b), Dec. 30, 1969, 83 Stat. 613, added item 249.