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transportation income

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 863 — in this section

For purposes of this subsection, the term “transportation income” means any income derived from, or in connection with—

(A) the use (or hiring or leasing for use) of a vessel or aircraft, or

(B) the performance of services directly related to the use of a vessel or aircraft.