transportation income
Defined in 1 place of the United States Code.
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.
Source
- 1994–present26 U.S.C. § 863Internal Revenue Code · Special rules for determining source · in this section