Treasury Regulations · 26 CFR
§ 521.115. Credit against United States tax liability for Danish tax.
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).
Cite as 26 CFR § 521.115
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Length
- 127 words · about 1 min to read
- Cross-references
- cites 1 Code section and 0 regulations; cited by 0
For the purpose of avoidance of double taxation, Article XV provides that, on the part of the United States, there shall be allowed against the United States income tax a credit for the amount of Danish taxes described in Article I of the convention imposed on income derived from sources within Denmark for taxable years beginning on and after January 1, 1948. Such credit, however, is subject to the limitations provided in section 131 of the Internal Revenue Code (relating to the credit for foreign taxes). See §§ 29.131-1 to 29.131-10 of Regulations 111 (26 CFR 1949 ed. Supps. 29.131-1 to 29.131-10) [and §§ 39.131(a) 1 to 39.131(j)-1 of Regulations 118 (26 CFR, Rev. 1953, Parts 1-79, and Supps.)].
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Where it sits in 26 CFR
- Subchapter G Regulations under tax conventions
- Part 521 Denmark
- Subpart ECFR7130a127303142f Subpart—General Income Tax
- Taxation of Nonresident Aliens Who Are Residents of Denmark and of Danish Corporations
Nearby sections
- § 521.111 Pensions and life annuities.
- § 521.112 Compensation for labor or personal services.
- § 521.113 Students and apprentices; remittances.
- § 521.114 Visiting professors or teachers.
- § 521.115 Credit against United States tax liability for Danish tax.
- § 521.116 Reciprocal administrative assistance.
- § 521.117 Claims in cases of double taxation.