Treasury Regulations · 26 CFR
§ 1.993-6. Definition of gross receipts.
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. § 993
Cite as 26 CFR § 1.993-6
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- October 17, 1977 by T.D. 7514
- Issued under
- 26 U.S.C. § 993
- Length
- 893 words · about 4 min to read
- Cross-references
- cites 4 Code sections and 2 regulations; cited by 7
During 1973, M, a related supplier (as defined in § 1.994-1(a)(3)(ii)) of N, is engaged in the manufacture of machines in the United States. N, a calendar year taxpayer, is engaged in the sale and lease of such machines in foreign countries. N furnishes services which are related and subsidiary to its sale and lease of such machines. N also acts as a commission agent in foreign countries for Z, an unrelated supplier, with respect to Z's sale of products. N receives dividends on stock owned by it in a related foreign export corporation (as defined in § 1.993-5), interest on producer's loans made to M, and proceeds from sales of business assets located outside the United States resulting in a recognized gains and losses. N's gross receipts for 1973 are $3,550, computed on the basis of the additional facts assumed in the table below:
| (1) N's sales receipts for machines manufactured by M (without reduction for cost of goods sold and selling expenses) | $1,500 |
| (2) N's lease receipts for machines manufactured by M (without reduction for depreciation and leasing expenses) | 500 |
| (3) N's gross income from services for machines manufactured by M (without reduction for service expenses) | 400 |
| (4) Z's sale receipts for products manufactured by Z (without reduction for Z's cost of goods sold, commissions on sales, and commission sales expenses) | 550 |
| (5) Dividends received by N | 150 |
| (6) Interest received by N on producer's loans | 200 |
| (7) Proceeds received by N representing recognized gain (but not losses) from sales of business assets located outside the United States | 250 |
| (8) N's gross receipts | 3,550 |
[T.D. 7514, 42 FR 55468, Oct. 17, 1977]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
- § 993 Definitions and special rules
- § 991 Taxation of a domestic international sales corporation
- § 118 Contributions to the capital of a corporation
- § 243 Dividends received by corporations
Regulations it cites
- § 1.994-1 Inter-company pricing rules for DISC's.
- § 1.993-5 Definition of related foreign export corporation.
Cited by 7 other regulations
- § 1.861-3 Dividends and income inclusions under sections 951, 951A, and 1293 and associated section 78 dividends.
- § 1.992-1 Requirements of a DISC.
- § 1.992-3 Deficiency distributions to meet qualification requirements.
- § 1.993-1 Definition of qualified export receipts.
- § 1.993-4 Definition of producer's loans.
- § 1.993-5 Definition of related foreign export corporation.
- § 1.994-2 Marginal costing rules.
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. 7514 (42 FR 55468)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Domestic International Sales Corporations
Nearby sections
- § 1.993-2 Definition of qualified export assets.
- § 1.993-3 Definition of export property.
- § 1.993-4 Definition of producer's loans.
- § 1.993-5 Definition of related foreign export corporation.
- § 1.993-6 Definition of gross receipts.
- § 1.993-7 Definition of United States.
- § 1.994-1 Inter-company pricing rules for DISC's.
- § 1.994-2 Marginal costing rules.
- § 1.995-1 Taxation of DISC income to shareholders.