U.S. Code > Title 26 Internal Revenue Code > Subtitle A—Income Taxes (§§ 1—1564) > CHAPTER 1—NORMAL TAXES AND SURTAXES (§§ 1—1400U3) > Subchapter P—Capital Gains and Losses (§§ 1201—1298) > PART V—SPECIAL RULES FOR BONDS AND OTHER DEBT INSTRUMENTS (§§ 1271—1288) > Subpart C—Discount on Short-Term Obligations (§§ 1281—1283)