Original Issue Discount

Original Issue Discount

In Legislation

Original Issue Discount in the U.S. Code: Title 26, Subtitle A, Chapter 1, Subchapter P, Part V, Subpart A

The current, permanent, in-force federal laws regulating original issue discount are compiled in the United States Code under Title 26, Subtitle A, Chapter 1, Subchapter P, Part V, Subpart A. It constitutes “prima facie” evidence of statutes relating to Income Taxes (including original issue discount) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Taxation and Capital Gains and Tax Liability of the US Code, including original issue discount) by chapter and subchapter.