comprehensive foreign income tax
Defined in 1 place of the United States Code.
The term “comprehensive foreign income tax” means, with respect to any foreign person, the income tax of a foreign country if—
(A) such person is eligible for the benefits of a comprehensive income tax treaty between such foreign country and the United States, or
(B) such person demonstrates to the satisfaction of the Secretary that such foreign country has a comprehensive income tax.
Source
- 2026–present26 U.S.C. § 457AInternal Revenue Code · Nonqualified deferred compensation from certain tax indifferent parties · for purposes of this section
The term “comprehensive foreign income tax” means, with respect to any foreign person, the income tax of a foreign country if—
(A) such person is eligible for the benefits of a comprehensive income tax treaty between such foreign country and the United States, or
(B) such person demonstrates to the satisfaction of the Secretary that such foreign country has a comprehensive income tax.
(3) Nonqualified deferred compensation plan
(A) In general
Source
- 2008–202626 U.S.C. § 457AInternal Revenue Code · Nonqualified deferred compensation from certain tax indifferent parties · for purposes of this section