[Code of Federal Regulations]
[Title 26, Volume 18, Parts 500 to 599]
[Revised as of April 1, 2000]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR520.111]

[Page 131]
 
                       TITLE 26--INTERNAL REVENUE
 
     CHAPTER 1--INTERNAL REVENUE SERVICE DEPARTMENT OF THE TREASURY 
                               (Continued)
 
PART 520--SWEDEN--Table of Contents
 
                       Subpart--General Income Tax
 
Sec. 520.111  Capital gains.

    Under Article IX of the convention, gain derived from the sale or 
exchange of capital assets (other than real property) within the United 
States by a nonresident alien individual resident in Sweden or by a 
Swedish corporation or other entity is exempt from Federal income tax 
unless such individual, corporation or other entity has a permanent 
establishment in the United States. With respect to real property, see 
Sec. 520.107.