[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: 26CFR520.114]
[Page 132]
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. 520.114 Remittances.
Under Article XII nonresident alien individuals residents of Sweden
who are temporarily residing in the United States exclusively for the
purposes of study or acquiring business experience and receiving
remittances from Sweden for the purposes of their maintenance and
studies in the United States are exempt from Federal income tax upon
such amounts if and to the extent that such amounts constitute gross
income.