Internal revenue code - sustany/dvg GitHub Wiki

The Internal Revenue Code or, as referred to by tax practitioners, �The Code� is a compilation of Federal�statutes�pertaining to�taxes�that are imposed by the�federal government�compiled into�Title 26�of the�United States Code.�

The Code consists of 11 subtitles that address both�substantive�and�procedural�aspects of�federal tax law. The largest subtitle of the Code is�Subtitle A, which provides rules for the imposition and calculation of the federal�income taxes�(one of several levels of income taxes that are imposed in the United States by the federal government and by�state�and�local�governments). Other significant subtitles are�Subtitle B, which governs the federal�estate and gift taxes;�Subtitle C, which governs the federal�employment taxes�and mechanics for the collection of the federal income taxes;�Subtitle D, which governs the federal�excise taxes; and�Subtitle F, which governs the procedures and administration of the federal taxes.