26 C.F.R. § 1.1402(a)-12T Continental shelf and certain possessions of the United States (temporary).
Title 26 - Internal Revenue
(a) Certain possessions. For purposes of the tax on self-employment income, the exclusion from gross income provided by section 931 (relating to bona fide residents of certain possessions of the United States) shall not apply. Net earnings from self-employment are subject to the tax on self-employment income even if such amounts are excluded from gross income under section 931. (b) Continental shelf. For the definition of the term United States and for other geographical definitions relating to the continental shelf, see section 638 and §1.638–1. (c) Effective date. This section shall apply for taxable years ending after October 22, 2004. [T.D. 9194, 70 FR 18946, Apr. 11, 2005]
Title 26: Internal Revenue
PART 1—INCOME TAXES
TAX ON SELF-EMPLOYMENT INCOME
§ 1.1402(a)-12T Continental shelf and certain possessions of the United States (temporary).
