26 USC § 903 - Credit for taxes in lieu of income, etc., taxes

---
identifier: "/us/usc/t26/s903"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 903 - Credit for taxes in lieu of income, etc., taxes"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "903"
section_name: "Credit for taxes in lieu of income, etc., taxes"
chapter_number: 1
chapter_name: "NORMAL TAXES AND SURTAXES"
subchapter_number: "N"
subchapter_name: "Tax Based on Income From Sources Within or Without the United States"
part_number: "III"
part_name: "INCOME FROM SOURCES WITHOUT THE UNITED STATES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Aug. 16, 1954, ch. 736, 68A Stat. 287; Pub. L. 88–272, title II, § 207(b)(8), Feb. 26, 1964, 78 Stat. 42; Pub. L. 100–647, title I, § 1012(v)(9), Nov. 10, 1988, 102 Stat. 3530; Pub. L. 106–519, § 4(4), Nov. 15, 2000, 114 Stat. 2433; Pub. L. 108–357, title I, § 101(b)(7), Oct. 22, 2004, 118 Stat. 1423.)"
---


# § 903. Credit for taxes in lieu of income, etc., taxes

For purposes of this part and of sections 164(a) and 275(a), the term “income, war profits, and excess profits taxes” shall include a tax paid in lieu of a tax on income, war profits, or excess profits otherwise generally imposed by any foreign country or by any possession of the United States.

---

**Source Credit**: (Aug. 16, 1954, ch. 736, 68A Stat. 287; Pub. L. 88–272, title II, § 207(b)(8), Feb. 26, 1964, 78 Stat. 42; Pub. L. 100–647, title I, § 1012(v)(9), Nov. 10, 1988, 102 Stat. 3530; Pub. L. 106–519, § 4(4), Nov. 15, 2000, 114 Stat. 2433; Pub. L. 108–357, title I, § 101(b)(7), Oct. 22, 2004, 118 Stat. 1423.)

## Editorial Notes

### Amendments

2004— substituted “164(a)” for “114, 164(a),”.

2000— substituted “114, 164(a),” for “164(a)”.

1988— substituted “this part” for “this subpart”.

1964— substituted “sections 164(a) and 275(a)” for “section 164(b)”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2004 Amendment

Amendment by  applicable to transactions after , see , set out as a note under .

### Effective Date of 2000 Amendment

Amendment by  applicable to transactions after , with special rules relating to existing foreign sales corporations, see , set out as a note under .

### Effective Date of 1988 Amendment

Amendment by  effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, , to which such amendment relates, see , set out as a note under .

### Effective Date of 1964 Amendment

Amendment by  applicable to taxable years beginning after , see , set out as a note under .