BizTerm Definition
Internal Revenue Code
Short Definition
US Tax Law
Full Definition

The Internal Revenue Code or IRC (more formally, the Internal Revenue Code of 1986) is the main body of domestic statutory tax law of the United States organized topically, including laws covering the income tax, payroll taxes, gift taxes, estate taxes and statutory excise taxes. The Internal Revenue Code is published as Title 26 of the United States Code (USC), and is also known as the internal revenue title.


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