Federal Tax Research 10th Edition by Steven Gill, Gerald Whittenburg, Roby Sawyers, Debra Sanders, William Raabe

تمرين 11

Correctly cite the italicized sentence indicated by the dart (") in the following passage from the regulations:
SEC. 1.162-21 FINES AND PENALTIES.
a. In general.
No deduction shall be allowed under section 162(a) for any fine or similar penalty paid to-
(1) The government of the United States, a State, a territory or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico;
(2) The government of a foreign country; or
(3) A political subdivision of, or corporation or other entity serving as an agency or instrumentality of, any of the above