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Map Members Committees Legislation Money Nominations Watch Schedule Daily Record Special Rules Subpoenas House Ethics Foreign Influence Agencies Regulations Office Spending US Code

26 U.S.C. § 1241. — Cancellation of lease or distributor’s agreement · Congress.wiki

U.S. Code/Title 26/§ 1241

Title 26

26

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26 U.S.C. § 1241.Chapter 1

§ 1241

Cancellation of lease or distributor’s agreement

Title 26

1 min read

Subchapter: Capital Gains and Losses

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Amounts received by a lessee for the cancellation of a lease, or by a distributor of goods for the cancellation of a distributor’s agreement (if the distributor has a substantial capital investment in the distributorship), shall be considered as amounts received in exchange for such lease or agreement.

Release: pl-119-83 (2026-04-13)