Treasury Regulations · 26 CFR
§ 1.864-1. Meaning of sale, etc.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 864
Cite as 26 CFR § 1.864-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- March 28, 1968 by T.D. 6948
- Issued under
- 26 U.S.C. § 864
- Length
- 37 words · about 1 min to read
- Cross-references
- cites 0 Code sections and 0 regulations; cited by 4
For purposes of §§ 1.861 through 1.864-7, the word “sale” includes “exchange”; the word “sold” includes “exchanged”; the word “produced” includes “created”, “fabricated”, “manufactured”, “extracted”, “processed”, “cured”, and “aged”.
[T.D. 6948, 33 FR 5090, Mar. 28, 1968]
Cross-references
Computed from the citations in the text of 26 CFR.
Cited by 4 other regulations
- § 1.863-1 Allocation of gross income under section 863(a).
- § 1.863-3 Allocation and apportionment of income from certain sales of inventory.
- § 1.863-8 Source of income derived from space and ocean activity under section 863(d).
- § 1.865-3 Source of gross income from sales of personal property (including inventory property) by a nonresident attributable to an office or other fixed place of business in the United States.
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 6948 (33 FR 5090)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Regulations applicable to taxable years prior to december 30, 1996
Nearby sections
- § 1.863-7 Allocation of income attributable to certain notional principal contracts under section 863(a).
- § 1.863-8 Source of income derived from space and ocean activity under section 863(d).
- § 1.863-9 Source of income derived from communications activity under section 863(a), (d), and (e).
- § 1.863-10 Source of income from a qualified fails charge.
- § 1.864-1 Meaning of sale, etc.
- § 1.864-2 Trade or business within the United States.
- § 1.864-3 Rules for determining income effectively connected with U.S. business of nonresident aliens or foreign corporations.
- § 1.864-4 U.S. source income effectively connected with U.S. business.
- § 1.864-5 Foreign source income effectively connected with U.S. business.