§ 841. Credit for foreign taxes
The taxes imposed by foreign countries or possessions of the United States shall be allowed as a credit against the tax of a domestic insurance company subject to the tax imposed by section
801 or
831, to the extent provided in the case of a domestic corporation in section
901 (relating to foreign tax credit). For purposes of the preceding sentence (and for purposes of applying section
906 with respect to a foreign corporation subject to tax under this subchapter), the term “taxable income” as used in section
904 means—
(1)
in the case of the tax imposed by section
801, the life insurance company taxable income (as defined in section
801
(b)), and
(2)
in the case of the tax imposed by section
831, the taxable income (as defined in section
832
(a)).