Current through Pub. L. 119-100Open in workspace

§ 860A Taxation of REMIC’s

(a) General rule

Except as otherwise provided in this part, a REMIC shall not be subject to taxation under this subtitle (and shall not be treated as a corporation, partnership, or trust for purposes of this subtitle).

(b) Income taxable to holders

The income of any REMIC shall be taxable to the holders of interests in such REMIC as provided in this part.

(Added Pub. L. 99–514, title VI, § 671(a), Oct. 22, 1986, 100 Stat. 2309; amended Pub. L. 100–647, title I, § 1006(t)(20), Nov. 10, 1988, 102 Stat. 3426.)

Operative text only. Editorial notes, amendment history, and effective dates: official OLRC text of § 860A

Source: decipher.legal/usc/26/860A · Internal Revenue Code, current through Pub. L. 119-100 (OLRC XML of 2026-04-17)