Laws: Cases and Codes : U.S. Code : Title 25 : Section 1120


   
U.S. Code as of: 01/19/04
Section 1120. Tax exemption; costs

      The funds distributed under the provisions of this subchapter
    shall not be subject to Federal or State income taxes, and any
    costs incurred by the Secretary in the preparation of the rolls and
    in the distribution of per capita shares in accordance with the
    provisions of this subchapter shall be paid by appropriate
    withdrawals from the judgment funds.



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