26 U.S.C. § 1241Chapter 1
§1241. Cancellation of lease or distributor's agreement
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Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§1241. Cancellation of lease or distributor's agreement
Amounts received by a lessee for the cancellation of a lease, or by a distributor of goods for the cancellation of a distributor's agreement (if the distributor has a substantial capital investment in the distributorship), shall be considered as amounts received in exchange for such lease or agreement.
Last amended: December 31, 2024
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