regulations applicable to taxable years prior to december 30, 1996
§ 1.864-1 Meaning of sale, etc.
26 C.F.R. Part 1 — Income Taxes · 2026 edition · updated 2026-10-04 · United States
For purposes of §§ 1.861 through 1.864-7, the word “sale” includes “exchange”; the word “sold” includes “exchanged”; the word “produced” includes “created”, “fabricated”, “manufactured”, “extracted”, “processed”, “cured”, and “aged”.
[T.D. 6948, 33 FR 5090, Mar. 28, 1968]
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