26 USC 4404 - Territorial extent

U.S Code last checked for updates: May 19, 2024

§ 4404.

Territorial extent

The tax imposed by this subchapter shall apply only to wagers

(1)

accepted in the United States, or

(2)

placed by a person who is in the United States

(A)

with a person who is a citizen or resident of the United States, or

(B)

in a wagering pool or lottery conducted by a person who is a citizen or resident of the United States.

(Aug. 16, 1954, ch. 736, 68A Stat. 525.)

cite as: 26 USC 4404