[Code of Federal Regulations]
[Title 26, Volume 9]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.892-6T]

[Page 477-478]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1--INCOME TAXES--Table of Contents
 
Sec. 1.892-6T  Income of international organizations (temporary regulations).

    (a) Exempt from tax. Subject to the provisions of section 1 of the 
International Organizations Immunities Act (22 U.S.C. 288) (the 
provisions of which are set forth in paragraph (b)(3) of Sec. 1.893-1), 
the income of an international organization (as defined in section 
7701(a)(18)) received from investments in the United States in stocks, 
bonds, or other domestic securities, owned by such international 
organization, or from interest on deposits in banks in the United States 
of moneys belonging to such international organization, or from any 
other source within the United States, is exempt from Federal income 
tax.
    (b) Income received prior to Presidential designation. An 
organization designated by the President through appropriate Executive 
order as entitled to enjoy the privileges, exemptions, and immunities 
provided in the International Organizations Immunities Act may enjoy the 
benefits of the exemption with respect to income of the prescribed 
character received by such organization prior to the date of the 
issuance of such Executive order, if (i) the Executive order does not 
provide otherwise and (ii) the organization is a public international 
organization in which the United States participates, pursuant to a 
treaty or under the authority of an act of Congress authorizing such

[[Page 478]]

participation or making an appropriation for such participation, at the 
time such income is received.

[T.D. 8211, 53 FR 24065, June 27, 1988]