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General rule

1 rule0 of 2 subsections

In the case of an individual who is a bona fide resident of a specified possession during the entire taxable year, gross income shall not include—

(1)

(1)#

income derived from sources within any specified possession, and

(2)#

income effectively connected with the conduct of a trade or business by such individual within any specified possession.

in view

Whole section

Encodings · 1

amount_excluded_from_gross_income_under_section_93126 USC § 931 (a) · derived

26 USC 931(a), 931(d)

name: amount_excluded_from_gross_income_under_section_931
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: 26 USC 931(a), 931(d)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/26/931
          excerpt: >-
            In the case of an individual who is a bona fide resident of a
            specified possession during the entire taxable year, gross income
            shall not include— (1) income derived from sources within any
            specified possession, and (2) income effectively connected with the
            conduct of a trade or business by such individual within any
            specified possession.
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us/statute/26/931
          excerpt: >-
            Amounts paid for services performed as an employee of the United
            States (or any agency thereof) shall be treated as not described in
            paragraph (1) or (2) of subsection (a).
versions:
  - effective_from: '1990-01-01'
    formula: |-
      if bona_fide_resident_of_specified_possession_during_entire_taxable_year:
          max(
              0,
              income_derived_from_sources_within_specified_possessions
              + income_effectively_connected_with_trade_or_business_within_specified_possessions
              - amounts_paid_for_services_as_employee_of_united_states_or_agency
          )
      else:
          0

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Shown source

statutes/26/931.yaml

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Rules

possession_is_specified_possession

Derived

source: 26 USC 931(c)

- name: possession_is_specified_possession
  kind: derived
  entity: TaxUnit
  dtype: Judgment
  period: Year
  source: 26 USC 931(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              the term “specified possession” means Guam, American Samoa, and the Northern Mariana
              Islands
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        possession_is_guam
        or possession_is_american_samoa
        or possession_is_northern_mariana_islands

amount_excluded_from_gross_income_under_section_931

Derived

source: 26 USC 931(a), 931(d)

- name: amount_excluded_from_gross_income_under_section_931
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(a), 931(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              In the case of an individual who is a bona fide resident of a specified possession
              during the entire taxable year, gross income shall not include— (1) income derived
              from sources within any specified possession, and (2) income effectively connected
              with the conduct of a trade or business by such individual within any specified
              possession.
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              Amounts paid for services performed as an employee of the United States (or any agency
              thereof) shall be treated as not described in paragraph (1) or (2) of subsection (a).
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        if bona_fide_resident_of_specified_possession_during_entire_taxable_year:
            max(
                0,
                income_derived_from_sources_within_specified_possessions
                + income_effectively_connected_with_trade_or_business_within_specified_possessions
                - amounts_paid_for_services_as_employee_of_united_states_or_agency
            )
        else:
            0

section_931_disallowed_deductions_excluding_section_151

Derived

source: 26 USC 931(b)(1)

- name: section_931_disallowed_deductions_excluding_section_151
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              An individual shall not be allowed— (1) as a deduction from gross income any
              deductions (other than the deduction under section 151, relating to personal
              exemptions) ... properly allocable or chargeable against amounts excluded from gross
              income under this section.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        min(
            max(0, deductions_other_than_section_151_before_section_931_denial),
            max(0, deductions_properly_allocable_or_chargeable_to_amounts_excluded_under_section_931)
        )

deductions_other_than_section_151_allowed_after_section_931

Derived

source: 26 USC 931(b)(1)

- name: deductions_other_than_section_151_allowed_after_section_931
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              An individual shall not be allowed— (1) as a deduction from gross income any
              deductions (other than the deduction under section 151, relating to personal
              exemptions) ... properly allocable or chargeable against amounts excluded from gross
              income under this section.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        max(
            0,
            deductions_other_than_section_151_before_section_931_denial
            - section_931_disallowed_deductions_excluding_section_151
        )

section_931_disallowed_credits

Derived

source: 26 USC 931(b)(2)

- name: section_931_disallowed_credits
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              any credit properly allocable or chargeable against amounts excluded from gross income
              under this section shall not be allowed.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        min(
            max(0, credits_before_section_931_denial),
            max(0, credits_properly_allocable_or_chargeable_to_amounts_excluded_under_section_931)
        )

credits_allowed_after_section_931

Derived

source: 26 USC 931(b)(2)

- name: credits_allowed_after_section_931
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              any credit properly allocable or chargeable against amounts excluded from gross income
              under this section shall not be allowed.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        max(
            0,
            credits_before_section_931_denial
            - section_931_disallowed_credits
        )

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us/statute/26/931/a — General rule · Axiom

General rule

1 rule0 of 2 subsections

Official source

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In the case of an individual who is a bona fide resident of a specified possession during the entire taxable year, gross income shall not include—

(1)

(1)#

income derived from sources within any specified possession, and

(2)#

income effectively connected with the conduct of a trade or business by such individual within any specified possession.

in view

Whole section

Encodings · 1

amount_excluded_from_gross_income_under_section_93126 USC § 931 (a) · derived

26 USC 931(a), 931(d)

name: amount_excluded_from_gross_income_under_section_931
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: 26 USC 931(a), 931(d)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/26/931
          excerpt: >-
            In the case of an individual who is a bona fide resident of a
            specified possession during the entire taxable year, gross income
            shall not include— (1) income derived from sources within any
            specified possession, and (2) income effectively connected with the
            conduct of a trade or business by such individual within any
            specified possession.
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us/statute/26/931
          excerpt: >-
            Amounts paid for services performed as an employee of the United
            States (or any agency thereof) shall be treated as not described in
            paragraph (1) or (2) of subsection (a).
versions:
  - effective_from: '1990-01-01'
    formula: |-
      if bona_fide_resident_of_specified_possession_during_entire_taxable_year:
          max(
              0,
              income_derived_from_sources_within_specified_possessions
              + income_effectively_connected_with_trade_or_business_within_specified_possessions
              - amounts_paid_for_services_as_employee_of_united_states_or_agency
          )
      else:
          0

open in graph ↗

▸rulespec code

Shown source

statutes/26/931.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/26/931; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

possession_is_specified_possession

Derived

source: 26 USC 931(c)

- name: possession_is_specified_possession
  kind: derived
  entity: TaxUnit
  dtype: Judgment
  period: Year
  source: 26 USC 931(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              the term “specified possession” means Guam, American Samoa, and the Northern Mariana
              Islands
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        possession_is_guam
        or possession_is_american_samoa
        or possession_is_northern_mariana_islands

amount_excluded_from_gross_income_under_section_931

Derived

source: 26 USC 931(a), 931(d)

- name: amount_excluded_from_gross_income_under_section_931
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(a), 931(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              In the case of an individual who is a bona fide resident of a specified possession
              during the entire taxable year, gross income shall not include— (1) income derived
              from sources within any specified possession, and (2) income effectively connected
              with the conduct of a trade or business by such individual within any specified
              possession.
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              Amounts paid for services performed as an employee of the United States (or any agency
              thereof) shall be treated as not described in paragraph (1) or (2) of subsection (a).
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        if bona_fide_resident_of_specified_possession_during_entire_taxable_year:
            max(
                0,
                income_derived_from_sources_within_specified_possessions
                + income_effectively_connected_with_trade_or_business_within_specified_possessions
                - amounts_paid_for_services_as_employee_of_united_states_or_agency
            )
        else:
            0

section_931_disallowed_deductions_excluding_section_151

Derived

source: 26 USC 931(b)(1)

- name: section_931_disallowed_deductions_excluding_section_151
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              An individual shall not be allowed— (1) as a deduction from gross income any
              deductions (other than the deduction under section 151, relating to personal
              exemptions) ... properly allocable or chargeable against amounts excluded from gross
              income under this section.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        min(
            max(0, deductions_other_than_section_151_before_section_931_denial),
            max(0, deductions_properly_allocable_or_chargeable_to_amounts_excluded_under_section_931)
        )

deductions_other_than_section_151_allowed_after_section_931

Derived

source: 26 USC 931(b)(1)

- name: deductions_other_than_section_151_allowed_after_section_931
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              An individual shall not be allowed— (1) as a deduction from gross income any
              deductions (other than the deduction under section 151, relating to personal
              exemptions) ... properly allocable or chargeable against amounts excluded from gross
              income under this section.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        max(
            0,
            deductions_other_than_section_151_before_section_931_denial
            - section_931_disallowed_deductions_excluding_section_151
        )

section_931_disallowed_credits

Derived

source: 26 USC 931(b)(2)

- name: section_931_disallowed_credits
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              any credit properly allocable or chargeable against amounts excluded from gross income
              under this section shall not be allowed.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        min(
            max(0, credits_before_section_931_denial),
            max(0, credits_properly_allocable_or_chargeable_to_amounts_excluded_under_section_931)
        )

credits_allowed_after_section_931

Derived

source: 26 USC 931(b)(2)

- name: credits_allowed_after_section_931
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 931(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/931
            excerpt: >-
              any credit properly allocable or chargeable against amounts excluded from gross income
              under this section shall not be allowed.
  versions:
    - effective_from: '1990-01-01'
      formula: |-
        max(
            0,
            credits_before_section_931_denial
            - section_931_disallowed_credits
        )