Pub. L. 105-34 Aug. 5, 1997

§ 1 Tax imposed

• (h) Pub. L. 105–34 amended heading and text of subsec. (h) generally. Prior to amendment, text read as follows: “If a…

§ 23 Adoption expenses

• (a)(2) Pub. L. 105–34, § 1601(h)(2)(A), amended heading and text of par. (2) generally. Prior to amendment, text read as…
• (b)(2)(B) Pub. L. 105–34, § 1601(h)(2)(B), substituted “determined without regard to sections 911, 931, and 933.” for “determined—

§ 24 Child tax credit

• Enacted § 24

§ 25 Interest on certain home mortgages

• (e)(7) Pub. L. 105–34 substituted “section 121” for “section 1034”.

§ 25A American Opportunity and Lifetime Learning credits

• Enacted § 25A

§ 26 Limitation based on tax liability; definition of tax liability

• (b)(2)(E) (b)(2)(F) (b)(2)(G) (b)(2)(H) (b)(2)(I) (b)(2)(J) (b)(2)(K) (b)(2)(L) (b)(2)(M) (b)(2)(N) (b)(2)(O) Pub. L. 105–34, § 213(e)(1), added subpar. (E) and redesignated former subpars. (E) to (N) as (F) to (O), respectively.…
• (b)(2)(P) Pub. L. 105–34, § 213(e)(1), redesignated subpar. (P) as (Q).
• (b)(2)(P) Pub. L. 105–34, § 1602(a)(1), added subpar. (P).
• (b)(2)(Q) Pub. L. 105–34, § 213(e)(1), redesignated subpar. (P) as (Q).

§ 32 Earned income

• (c)(2)(B)(v) Pub. L. 105–34, § 1085(c), added cl. (v).
• (c)(4) Pub. L. 105–34, § 312(d)(2), struck out “(as defined in section 1034(h)(3)” after “serving on extended active duty” and…
• (c) Pub. L. 105–34, § 1085(d)(4), inserted at end of concluding provisions “Clause (vi) shall not include any amount which…
• (c) Pub. L. 105–34, § 1085(b), substituted “75 percent” for “50 percent” in introductory provisions.
• (c) Pub. L. 105–34, § 1085(d)(1)–(3), added cls. (v) and (vi).
• (k) Pub. L. 105–34, § 1085(a)(1), added subsec. (k). Former subsec. (k) redesignated (l).
• (l) Pub. L. 105–34, § 1085(a)(1), redesignated subsec. (k) as (l). Former subsec. (l) redesignated (m).
• (m) Pub. L. 105–34, § 1085(a)(1), redesignated subsec. (l) as (m) relating to identification numbers.
• (m) Pub. L. 105–34, § 101(b), added subsec. (m) relating to supplemental child credit.

§ 39 Carryback and carryforward of unused credits

• (a)(1) Pub. L. 105–34, § 1083(a)(1), substituted “1-year” for “3-year” and “20-year” for “15-year” in heading, “1 taxable” for…
• (a)(2) Pub. L. 105–34, § 1083(a)(2), as amended by Pub. L. 105–206, § 6010(n), in subpar. (A), substituted “21 taxable” for…
• (d) Pub. L. 105–34, § 701(b)(1), added par. (8).

§ 41 Credit for increasing research activities

• (c)(4)(B) Pub. L. 105–34, § 601(b)(1), amended heading and text of subpar. (B) generally. Prior to amendment, text read as…
• (h)(1) Pub. L. 105–34, § 601(a), substituted “June 30, 1998” for “May 31, 1997” in subpar. (B) and “during the 24-month period…

§ 45C Clinical testing expenses for certain drugs for rare diseases or conditions

• (b)(1) Pub. L. 105–34, § 601(b)(2), substituted “June 30, 1998” for “May 31, 1997”.
• § 45C Pub. L. 105–34, § 604(a), struck out subsec. (e) which read as follows:

§ 51 Amount of credit

• (a) Pub. L. 105–34, § 603(d)(1), substituted “40 percent” for “35 percent”.
• (c)(4) Pub. L. 105–34, § 603(a), substituted “June 30, 1998” for “September 30, 1997”.
• (d)(1)(H) Pub. L. 105–34, § 603(c)(1), added subpar. (H).
• (d)(2)(A) Pub. L. 105–34, § 603(b)(1), substituted “for any 9 months during the 18-month period ending on the hiring date” for…
• (d)(3)(A) Pub. L. 105–34, § 603(b)(2), amended heading and text of subpar. (A) generally. Prior to amendment, text read as…
• (d)(9) Pub. L. 105–34, § 603(c)(2), added par. (9). Former par. (9) redesignated (10).
• (d)(10) (d)(11) (d)(12) Pub. L. 105–34, § 603(c)(2), redesignated pars. (9) to (11) as (10) to (12), respectively.
• (i)(3) Pub. L. 105–34, § 603(d)(2), amended heading and text of par. (3) generally. Prior to amendment, text read as follows…

§ 52 Special rules

• (c) Pub. L. 105–34 substituted “work opportunity credit” for “targeted jobs credit”.

§ 55 Alternative minimum tax imposed

• (b)(1)(A)(ii) Pub. L. 105–34, § 311(b)(2)(A), substituted “this subsection” for “clause (i)”.
• (b)(3) Pub. L. 105–34, § 311(b)(1), added par. (3).
• (c)(1) Pub. L. 105–34, § 1601(f)(1)(C), substituted “Puerto Rico” for “Puerto Rican”.
• § 55 Pub. L. 105–34, § 401(a), added subsec. (e).

§ 56 Adjustments in computing alternative minimum taxable income

• (a)(1)(A)(i) Pub. L. 105–34, § 402(a), inserted at end “In the case of property placed in service after December 31, 1998, the…
• (a)(5) Pub. L. 105–34, § 402(b), inserted at end “In the case of such a facility placed in service after December 31, 1998…
• (a)(6) (a)(7) (a) Pub. L. 105–34, § 403(a), redesignated pars. (7) and (8) as (6) and (7), respectively, and struck out former par. (6)…
• (e)(1)(A) (e)(3)(B)(i) Pub. L. 105–34, § 312(d)(1), substituted “section 121” for “section 1034”.
• § 56 Pub. L. 105–34, § 1212(a), inserted at end of concluding provisions “In the case of any insurance company taxable under…

§ 57 Items of tax preference

• (a)(7) Pub. L. 105–34 substituted “42 percent” for “one-half”.

§ 59 Other definitions and special rules

• (a)(2) Pub. L. 105–34, § 1057(a), struck out subpar. (C) which read as follows:
• (a)(3) Pub. L. 105–34, § 1103(a), added par. (3) relating to election to use simplified section 904 limitation.
• (j) Pub. L. 105–34, § 1201(b)(1), amended subsec. (j) generally, restating limitation on exemption amount, adding…

§ 62 Adjusted gross income defined

• (a)(2)(C) Pub. L. 105–34, § 975(a), added subpar. (C).
• (a)(17) Pub. L. 105–34, § 202(b), added par. (17).

§ 63 Taxable income defined

• (c)(4) Pub. L. 105–34, § 1201(a)(2), in introductory provisions, substituted “(5)” for “(5)(A)” and, in subpar. (B)…
• (c)(5)(B) Pub. L. 105–34, § 1201(a)(1), substituted “the sum of $250 and such individual’s earned income” for “such individual’s…

§ 72 Annuities; certain proceeds of endowment and life insurance contracts

• (d)(1)(B)(iii) Pub. L. 105–34, § 1075(b), inserted “If the annuity is payable over the life of a single individual, the number of…
• (d)(1)(B)(iv) Pub. L. 105–34, § 1075(a), added cl. (iv).
• (t)(2)(E) Pub. L. 105–34, § 203(a), added subpar. (E).
• (t)(2)(F) Pub. L. 105–34, § 303(a), added subpar. (F).
• (t)(7) Pub. L. 105–34, § 203(b), added par. (7).
• (t)(8) Pub. L. 105–34, § 303(b), added par. (8).

§ 101 Certain death benefits

• (a)(2) Pub. L. 105–34, § 1084(b)(2), inserted at end “The term ‘other amounts’ in the first sentence of this paragraph…
• (h) Pub. L. 105–34, § 1528(a), added subsec. (h).

§ 108 Income from discharge of indebtedness

• (f)(2) Pub. L. 105–34, § 225(a)(1), added subpar. (D) and concluding provisions and struck out former subpar. (D) which read…
• (f)(2)(B) Pub. L. 105–34, § 225(a)(1), struck out “or” at end.
• (f)(3) Pub. L. 105–34, § 225(a)(2), added par. (3).

§ 110 Qualified lessee construction allowances for short-term leases

• Enacted § 110

§ 121 Exclusion of gain from sale of principal residence

• § 121 Pub. L. 105–34 amended section catchline and text generally. Prior to amendment, section related to one-time exclusion…

§ 127 Educational assistance programs

• (d) Pub. L. 105–34 amended heading and text of subsec. (d) generally. Prior to amendment, text read as follows: “This…

§ 130 Certain personal injury liability assignments

• (c) Pub. L. 105–34, § 962(a)(1), inserted “, or as compensation under any workmen’s compensation act,” after “(whether by…
• (c)(1) Pub. L. 105–34, § 962(a)(2), inserted “or the workmen’s compensation claim,” after “agreement,”.
• (c)(2)(D) Pub. L. 105–34, § 962(a)(3), substituted “paragraph (1) or (2) of section 104(a)” for “section 104(a)(2)”.

§ 132 Certain fringe benefits

• (e)(2) Pub. L. 105–34, § 970(a), inserted at end of concluding provisions “For purposes of subparagraph (B), an employee…
• (f)(4) Pub. L. 105–34, § 1072(a), inserted at end “This paragraph shall not apply to any qualified parking provided in lieu of…

§ 135 Income from United States savings bonds used to pay higher education tuition and fees

• (c)(2)(C) Pub. L. 105–34, § 213(e)(2), inserted “, or to an education individual retirement account (as defined in section 530)…
• (c)(2)(C) Pub. L. 105–34, § 211(c), added subpar. (C).
• (d)(2) (d)(3) (d)(4) Pub. L. 105–34, § 201(d), added par. (2) and redesignated former pars. (2) and (3) as (3) and (4), respectively.

§ 137 Adoption assistance programs

• (b)(1) Pub. L. 105–34 substituted “of the amounts paid or expenses incurred which may be taken into account” for “amount…

§ 143 Mortgage revenue bonds: qualified mortgage bond and qualified veterans’ mortgage bond

• (i)(1)(C)(i)(I) Pub. L. 105–34, § 312(d)(1), substituted “section 121” for “section 1034”.
• (k)(11) Pub. L. 105–34, § 914, added par. (11).
• (m)(6)(A) Pub. L. 105–34, § 312(d)(3), inserted “(as in effect on the day before the date of the enactment of the Taxpayer Relief…

§ 145 Qualified 501(c)(3) bond

• (b)(5) Pub. L. 105–34 added par. (5).

§ 148 Arbitrage

• (c)(2)(B) (c)(2)(C) (c)(2)(D) (c)(2) Pub. L. 105–34, § 1444(a), redesignated subpars. (C) to (E) as (B) to (D), respectively, and struck out heading and…
• (d) Pub. L. 105–34, § 1443, struck out par. (3) which related to limitations on investment in nonpurpose investments.
• (f)(4)(B)(ii)(I) Pub. L. 105–34, § 1441, substituted “5 percent of the proceeds of the issue” for “the lesser of 5 percent of the…
• (f)(4)(C) Pub. L. 105–34, § 1442, added cl. (xvii).
• (f)(4)(D)(vii) Pub. L. 105–34, § 223(a), added cl. (vii).
• (f)(4) Pub. L. 105–34, § 1444(b), struck out subpar. (E) which related to exception for certain qualified student loan bonds.

§ 162 Trade or business expenses

• (a) Pub. L. 105–34, § 1204(a), inserted at end of concluding provisions “The preceding sentence shall not apply to any…
• (l)(1)(B) Pub. L. 105–34, § 934(a), amended table generally. Prior to amendment, table read as follows:
• (l)(2)(B) Pub. L. 105–34, § 1602(c), inserted “The preceding sentence shall be applied separately with respect to—” at end and…
• (o) (p) Pub. L. 105–34, § 1203(a), added subsec. (o) and redesignated former subsec. (o) as (p).

§ 163 Interest

• (h)(2)(E) Pub. L. 105–34, § 503(b)(2)(B), struck out “or 6166 or under section 6166A (as in effect before its repeal by the…
• (h)(4)(A) Pub. L. 105–34, § 312(d)(1), substituted “section 121” for “section 1034”.
• (j)(2) Pub. L. 105–34, § 1604(g)(1), substituted “clause (ii)” for “clause (i)” in introductory provisions.
• (k) Pub. L. 105–34, § 503(b)(2)(A), added subsec. (k). Former subsec. (k) redesignated (l).
• (l) Pub. L. 105–34, § 1005(a), added subsec. (l). Former subsec. (l) redesignated (m).
• (l) Pub. L. 105–34, § 503(b)(2)(A), redesignated subsec. (k) as (l).
• (m) Pub. L. 105–34, § 1005(a), redesignated subsec. (l) as (m).

§ 165 Losses

• (i)(4) Pub. L. 105–34 added par. (4).

§ 167 Depreciation

• (g)(6) Pub. L. 105–34 added par. (6).

§ 168 Accelerated cost recovery system

• (e)(3)(A)(iii) Pub. L. 105–34, § 1086(b)(1), added cl. (iii).
• (g)(3)(B) Pub. L. 105–34, § 1086(b)(2), inserted table item relating to subpar. (A)(iii).
• (i)(8)(C) Pub. L. 105–34, § 1213(c), added subpar. (C).
• (i)(14) Pub. L. 105–34, § 1086(b)(3), added par. (14).
• (j)(6) Pub. L. 105–34, § 1604(c)(1), inserted concluding provisions “For purposes of the preceding sentence, such section 3(d)…

§ 170 Charitable, etc., contributions and gifts

• (e)(5) Pub. L. 105–34, § 602(a), substituted “June 30, 1998” for “May 31, 1997”.
• (e)(6) Pub. L. 105–34, § 224(a), added par. (6).
• (h)(5)(B)(ii) Pub. L. 105–34, § 508(d), amended heading and text of cl. (ii) generally. Prior to amendment, text read as follows…
• (i) Pub. L. 105–34, § 973(a), amended heading and text of subsec. (i) generally. Prior to amendment, text read as follows…

§ 172 Net operating loss deduction

• (b)(1)(A)(i) Pub. L. 105–34, § 1082(a)(1), substituted “2” for “3”.
• (b)(1)(A)(ii) Pub. L. 105–34, § 1082(a)(2), substituted “20” for “15”.
• (b)(1) Pub. L. 105–34, § 1082(b), added subpar. (F).

§ 198 Expensing of environmental remediation costs

• Enacted § 198

§ 216 Deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder

• (e) Pub. L. 105–34 substituted “such dwelling unit is used as his principal residence (within the meaning of section 121)”…

§ 219 Retirement savings

• (c)(1)(B)(ii) Pub. L. 105–34, § 302(c), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows: “the compensation…
• (g)(1) Pub. L. 105–34, § 301(b)(1), struck out “or the individual’s spouse” after “an individual”.
• (g)(2)(A)(ii) Pub. L. 105–34, § 301(a)(2), as amended by Pub. L. 105–206, § 6005(a)(2), inserted “($20,000 in the case of a joint…
• (g)(3)(B) Pub. L. 105–34, § 301(a)(1), amended heading and text of subpar. (B) generally. Prior to amendment, text read as…
• (g)(7) Pub. L. 105–34, § 301(b)(2), added par. (7).

§ 220 Archer MSAs

• (c)(3) Pub. L. 105–34, § 1602(a)(2), redesignated subpars. (B) to (D) as (A) to (C), respectively, and struck out former…
• (d)(2)(C) Pub. L. 105–34, § 1602(a)(3), substituted “described in clauses (i) and (ii) of subsection (c)(1)(A)” for “an eligible…

§ 221 Interest on education loans

• Enacted § 221

§ 226 Cross reference

• § 226 Pub. L. 105–34 renumbered section 221 of this title as this section.

§ 246 Rules applying to deductions for dividends received

• (c)(1)(A) Pub. L. 105–34, § 1015(a), amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: “which is…
• (c)(2) Pub. L. 105–34, § 1015(b)(1), amended heading and text of par. (2) generally. Prior to amendment, text read as follows…
• (c)(3) Pub. L. 105–34, § 1015(b)(2), inserted “and” at end of subpar. (A), redesignated subpar. (C) as (B), and struck out…

§ 263 Capital expenditures

• (a)(1)(H) Pub. L. 105–34 added subpar. (H).

§ 264 Certain amounts paid in connection with insurance contracts

• (a)(1) Pub. L. 105–34, § 1084(a)(1), amended par. (1) generally. Prior to amendment, par. (1) read as follows: “Premiums paid…
• (a)(4) Pub. L. 105–34, § 1602(f)(1), added subpars. (A) and (B) and concluding provisions and struck out former subpars. (A)…
• (a)(4) Pub. L. 105–34, § 1084(b)(1), substituted “individual.” for “individual, who—
• (b) (c) Pub. L. 105–34, § 1084(a)(2), added subsec. (b) and redesignated former subsec. (b) as (c). Former subsec. (c)…
• (d) Pub. L. 105–34, § 1084(a)(2), redesignated subsec. (c) as (d). Former subsec. (d) redesignated (e).
• (d)(2) Pub. L. 105–34, § 1602(f)(2), amended concluding provisions generally. Prior to amendment, concluding provisions read…
• (d)(4) Pub. L. 105–34, § 1602(f)(3), substituted “interest in the taxpayer” for “interest in the employer”.
• (e) Pub. L. 105–34, § 1084(a)(2), redesignated subsec. (d) as (e).
• (f) Pub. L. 105–34, § 1084(c), added subsec. (f).

§ 265 Expenses and interest relating to tax-exempt income

• (b)(4)(A) Pub. L. 105–34 inserted “, section 264,” before “and section 291”.

§ 267 Losses, expenses, and interest with respect to transactions between related taxpayers

• (b)(13) Pub. L. 105–34, § 1308(a), added par. (13).
• (f)(4) Pub. L. 105–34, § 1604(e)(1), added par. (4).

§ 274 Disallowance of certain entertainment, etc., expenses

• (n)(3) Pub. L. 105–34 added par. (3).

§ 280A Disallowance of certain expenses in connection with business use of home, rental of vacation homes, etc.

• (c)(1) Pub. L. 105–34, § 932(a), inserted at end “For purposes of subparagraph (A), the term ‘principal place of business’…
• (d)(4)(A) Pub. L. 105–34, § 312(d)(1), substituted “section 121” for “section 1034”.

§ 280F Limitation on depreciation for luxury automobiles; limitation where certain property used for personal purposes

• (a)(1) Pub. L. 105–34 added subpar. (C).

§ 304 Redemption through use of related corporations

• (a)(1) Pub. L. 105–34, § 1013(a), amended last sentence generally. Prior to amendment, last sentence read as follows: “To the…
• (b)(5) Pub. L. 105–34, § 1013(c), added par. (5).

§ 312 Effect on earnings and profits

• (k)(3)(B) Pub. L. 105–34, in heading substituted “179 or 179A” for “179” and in text substituted “section 179 or 179A shall” for…

§ 318 Constructive ownership of stock

• (b)(8) Pub. L. 105–34 substituted “6038(d)(2)” for “6038(d)(1)”.

§ 351 Transfer to corporation controlled by transferor

• (c) Pub. L. 105–34, § 1012(c)(1), amended heading and text of subsec. (c) generally. Prior to amendment, text read as…
• (e)(1) Pub. L. 105–34, § 1002(a), inserted last two sentences.
• (g) (h) Pub. L. 105–34, § 1014(a), added subsec. (g) and redesignated former subsec. (g) as (h).

§ 354 Exchanges of stock and securities in certain reorganizations

• (a)(2)(B) Pub. L. 105–34, § 1014(e)(1), inserted “(including nonqualified preferred stock, as defined in section 351(g)(2))”…
• (a)(2)(C) Pub. L. 105–34, § 1014(b), added subpar. (C).
• (a)(3)(A) Pub. L. 105–34, § 1014(e)(2), inserted “nonqualified preferred stock and” after “subsection (including”.

§ 355 Distribution of stock and securities of a controlled corporation

• (a)(3)(C) Pub. L. 105–34, § 1014(e)(1), inserted “(including nonqualified preferred stock, as defined in section 351(g)(2))”…
• (a)(3)(D) Pub. L. 105–34, § 1014(c), added subpar. (D).
• (a)(4)(A) Pub. L. 105–34, § 1014(e)(2), inserted “nonqualified preferred stock and” after “subsection (including”.
• (e) Pub. L. 105–34, § 1012(a), added subsec. (e).
• (f) Pub. L. 105–34, § 1012(b)(1), added subsec. (f).

§ 356 Receipt of additional consideration

• (e) (f) (g) Pub. L. 105–34 added subsec. (e) and redesignated former subsecs. (e) and (f) as (f) and (g), respectively.

§ 358 Basis to distributees

• (g) Pub. L. 105–34 added subsec. (g).

§ 367 Foreign corporations

• (d)(2)(C) Pub. L. 105–34, § 1131(b)(4), amended heading and text of subpar. (C) generally. Prior to amendment, text read as…
• (d)(3) Pub. L. 105–34, § 1131(b)(5)(A), added par. (3).
• (f) Pub. L. 105–34, § 1131(b)(2), added subsec. (f).

§ 368 Definitions relating to corporate reorganizations

• (a)(2)(H) Pub. L. 105–34 amended heading and text of subpar. (H) generally. Prior to amendment, text read as follows: “In the…

§ 401 Qualified pension, profit-sharing, and stock bonus plans

• (a)(1) Pub. L. 105–34, § 1530(c)(1), inserted “or by a charitable remainder trust pursuant to a qualified gratuitous transfer…
• (a)(5)(G) Pub. L. 105–34, § 1505(a)(1), added subpar. (G).
• (a)(13)(C) (a)(13)(D) Pub. L. 105–34, § 1502(b), added subpars. (C) and (D).
• (a)(26)(H) Pub. L. 105–34, § 1505(a)(2), amended heading and text of subpar. (H) generally. Prior to amendment, text read as…
• (k)(3)(G) Pub. L. 105–34, § 1505(b), added subpar. (G).
• (k)(7)(B)(iii) (k)(7)(B)(iv) (k)(7)(B)(v) Pub. L. 105–34, § 1525(a), struck out “and” at end of cl. (iii), added cl. (iv), redesignated former cl. (iv) as (v)…
• (k)(11)(B)(iii) Pub. L. 105–34, § 1601(d)(2)(D), added cl. (iii).
• (k)(11)(D)(ii) Pub. L. 105–34, § 1601(d)(2)(A), inserted “if such plan allows only contributions required under this paragraph” before…
• (k)(11)(E) Pub. L. 105–34, § 1601(d)(2)(B), added subpar. (E).
• (m)(11) Pub. L. 105–34, § 1601(d)(3), substituted “Additional alternative” for “Alternative” in heading.

§ 402 Taxability of beneficiary of employees’ trust

• (g) Pub. L. 105–34 added par. (9).

§ 403 Taxation of employee annuities

• (b)(1)(A)(iii) Pub. L. 105–34, § 1601(d)(6)(B), added cl. (iii).
• (b)(3) Pub. L. 105–34, § 1504(a)(1), inserted at end “Such term includes—” and subpars. (A) and (B).
• (b)(12)(C) Pub. L. 105–34, § 1505(c), added subpar. (C).

§ 404 Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan

• (a)(3)(A)(i) Pub. L. 105–34, § 1601(d)(2)(C)(i), substituted “not in excess of the greater of—” and subcls. (I) and (II) for “not in…
• (a)(3)(A)(ii) Pub. L. 105–34, § 1601(d)(2)(C)(ii), substituted “the amount described in subclause (I) or (II) of clause (i)…
• (a)(9)(C) Pub. L. 105–34, § 1530(c)(2), added subpar. (C) relating to qualified gratuitous transfers.

§ 408 Individual retirement accounts

• (i) Pub. L. 105–34, § 1601(d)(1)(A), substituted “31 days” for “30 days” in concluding provisions.
• (i) Pub. L. 105–34, § 302(d), struck out “under regulations” after “may require” in introductory provisions and struck out…
• (k)(6)(H) Pub. L. 105–34, § 1601(d)(1)(B), substituted “of an employer if the terms of simplified employee pensions of such…
• (l)(2)(B) Pub. L. 105–34, § 1601(d)(1)(C)(i), inserted “and the issuer of an annuity established under such an arrangement” after…
• (m)(3) Pub. L. 105–34, § 304(a), amended heading and text of par. (3) generally. Prior to amendment, text read as follows: “In…
• (p)(2)(D)(i) Pub. L. 105–34, § 1601(d)(1)(E), inserted at end “If only individuals other than employees described in subparagraph…
• (p)(2)(D) Pub. L. 105–34, § 1601(d)(1)(F), added cl. (iii).
• (p)(5) Pub. L. 105–34, § 1601(d)(1)(G), substituted “simple” for “simplified” in introductory provisions.
• (p)(8) Pub. L. 105–34, § 1601(d)(1)(D), added par. (8) relating to coordination with maximum limitation under subsection (a).
• (p)(8) Pub. L. 105–34, § 1501(b), added par. (8) relating to matching contributions on behalf of self-employed individuals not…

§ 408A Roth IRAs

• Enacted § 408A

§ 409 Qualifications for tax credit employee stock ownership plans

• (h)(2) Pub. L. 105–34 designated existing provisions as subpar. (A), inserted subpar. heading, struck out “In the case of an…

§ 410 Minimum participation standards

• (c)(2) Pub. L. 105–34 amended par. (2) generally. Prior to amendment, par. (2) read as follows: “A plan described in paragraph…

§ 411 Minimum vesting standards

• (a)(7)(B)(i) Pub. L. 105–34, § 1071(a)(2)(A), substituted “the dollar limit under section 411(a)(11)(A)” for “$3,500”.
• (a)(11)(A) Pub. L. 105–34, § 1071(a)(1), substituted “$5,000” for “$3,500”.

§ 412 Minimum funding standards

• (b)(2) Pub. L. 105–34, § 1521(c)(1), added subpar. (E).
• (c)(7)(A) Pub. L. 105–34, § 1521(a)(A), substituted “the applicable percentage” for “150 percent”.
• (c)(7) Pub. L. 105–34, § 1521(c)(3)(A), inserted “and” at end of cl. (i), substituted a period for “, and” at end of cl. (ii)…
• (c)(7) Pub. L. 105–34, § 1521(a)(B), added subpar. (F).
• § 412 Pub. L. 105–34, § 1604(b)(2)(A), substituted “subclause (I)” for “clause (i)”.

§ 414 Definitions and special rules

• (e)(5)(A) Pub. L. 105–34, § 1601(d)(6)(A), amended heading and text of subpar. (A) generally. Prior to amendment, text read as…
• (e)(5)(C) Pub. L. 105–34, § 1522(a)(1), substituted “not otherwise participating” for “not eligible to participate”.
• (e)(5)(E) Pub. L. 105–34, § 1522(a)(2), added subpar. (E).
• (n)(3)(C) Pub. L. 105–34, § 1601(h)(2)(D)(i), inserted “137,” after “132,”.
• (q)(7) (q)(9) Pub. L. 105–34, § 1601(d)(7), redesignated par. (7), relating to certain employees not considered highly compensated…
• (t)(2) Pub. L. 105–34, § 1601(h)(2)(D)(ii), inserted “137,” after “132,”.

§ 415 Limitations on benefits and contribution under qualified plans

• (b)(2)(G) Pub. L. 105–34, § 1527(a), substituted “participant, subparagraph (C) of this paragraph shall not apply.” for…
• (c)(6) Pub. L. 105–34, § 1530(c)(3), inserted concluding provisions “The amount of any qualified gratuitous transfer (as…
• (e) Pub. L. 105–34, § 1530(c)(4), added par. (6) and redesignated former par. (6) as (7).
• (k)(3) Pub. L. 105–34, § 1526(b), added par. (3).
• (n) Pub. L. 105–34, § 1526(a), added subsec. (n).

§ 417 Definitions and special rules for purposes of minimum survivor annuity requirements

• (e)(1) (e)(2) Pub. L. 105–34 substituted “dollar limit” for “$3,500” in headings of pars. (1) and (2) and “the dollar limit under…

§ 447 Method of accounting for corporations engaged in farming

• § 447 Pub. L. 105–34 redesignated par. (5) as (3) and struck out heading and text of former par. (3). Text read as follows…
• § 447 Pub. L. 105–34 redesignated par. (6) as (4) and struck out heading and text of former par. (4). Text read as follows…
• § 447 Pub. L. 105–34 added par. (5) and redesignated former pars. (5) and (6) as (3) and (4), respectively.

§ 451 General rule for taxable year of inclusion

• (e) Pub. L. 105–34 inserted “, flood, or other weather-related conditions” after “drought” in heading and substituted…

§ 457 Deferred compensation plans of State and local governments and tax-exempt organizations

• (e)(9)(A) Pub. L. 105–34 substituted “dollar limit” for “$3,500” in heading and “the dollar limit under section 411(a)(11)(A)”…

§ 460 Special rules for long-term contracts

• (b)(2)(C) Pub. L. 105–34, § 1211(b)(1), substituted “the adjusted overpayment rate (as defined in paragraph (7))” for “the…
• (b)(6) Pub. L. 105–34, § 1211(a), added par. (6).
• (b)(7) Pub. L. 105–34, § 1211(b)(2), added par. (7).

§ 464 Limitations on deductions for certain farming expenses

• § 464 Pub. L. 105–34 substituted “section 121” for “section 1034”.

§ 471 General rule for inventories

• (b) (c) Pub. L. 105–34 added subsec. (b) and redesignated former subsec. (b) as (c).

§ 475 Mark to market accounting method for dealers in securities

• (e) (f) (g) Pub. L. 105–34 added subsecs. (e) and (f) and redesignated former subsec. (e) as (g).

§ 501 Exemption from tax on corporations, certain trusts, etc.

• (c)(26) Pub. L. 105–34, § 101(c), inserted concluding provisions “A spouse and any qualifying child (as defined in section…
• (c)(27) Pub. L. 105–34, § 963(a), (b), designated existing provisions as subpar. (A), redesignated former subpar. (A) as cl.…
• (e)(1)(A) Pub. L. 105–34, § 974(a), inserted “(including the purchase of patron accounts receivable on a recourse basis)” after…

§ 512 Unrelated business taxable income

• (a)(3)(D) Pub. L. 105–34, § 312(d)(5), inserted “(as in effect on the day before the date of the enactment of the Taxpayer Relief…
• (b)(13) Pub. L. 105–34, § 1041(a), amended par. (13) generally. Prior to amendment, par. (13) related to inclusion in gross…
• (e)(1) Pub. L. 105–34, § 1601(c)(4)(D), substituted “section 1361(c)(6)” for “section 1361(c)(7)”.
• (e)(2) Pub. L. 105–34, § 1601(c)(4)(A), substituted “as defined in section 1361(e)(1)(C)” for “within the meaning of section…
• (e)(3) Pub. L. 105–34, § 1523(a), added par. (3).

§ 513 Unrelated trade or business

• (i) Pub. L. 105–34 added subsec. (i).

§ 528 Certain homeowners associations

• (b) Pub. L. 105–34, § 966(d), which directed amendment of subsec. (b) by inserting before the period “(32 percent of such…
• (c)(1) Pub. L. 105–34, § 966(a)(1)(A), substituted “, a residential real estate management association, or a timeshare…
• (c)(1)(B)(iii) Pub. L. 105–34, § 966(a)(1)(B), added cl. (iii).
• (c)(1)(C) Pub. L. 105–34, § 966(a)(1)(C), inserted before comma at end “and, in the case of a timeshare association, for…
• (c)(4) Pub. L. 105–34, § 966(a)(2), added par. (4). Former par. (4) redesignated (5).
• (c)(5) Pub. L. 105–34, § 966(c), inserted concluding provisions “In the case of a timeshare association, such term includes…
• (c)(5) Pub. L. 105–34, § 966(a)(2), redesignated par. (4) as (5).
• (d)(3)(C) Pub. L. 105–34, § 966(b), added subpar. (C).

§ 529 Qualified tuition programs

• (b)(5) Pub. L. 105–34, § 211(b)(4), inserted “directly or indirectly” after “may not”.
• (c)(2) Pub. L. 105–34, § 211(b)(3)(A)(i), amended heading and text of par. (2) generally. Prior to amendment, text read as…
• (c)(3)(A) Pub. L. 105–34, § 211(d), substituted “section 72(b)” for “section 72”.
• (c)(4) Pub. L. 105–34, § 211(b)(3)(B), amended heading and text of par. (4) generally. Prior to amendment, text read as…
• (c)(5) Pub. L. 105–34, § 211(b)(3)(A)(ii), amended heading and text of par. (5) generally. Prior to amendment, text read as…
• (d) Pub. L. 105–34, § 211(e)(2)(A), amended subsec. (d) generally. Prior to amendment, subsec. (d) read as follows:
• (e)(1)(B) Pub. L. 105–34, § 1601(h)(1)(A), substituted “subsection (c)(3)(C)” for “subsection (c)(2)(C)”.
• (e)(1)(C) Pub. L. 105–34, § 1601(h)(1)(B), inserted “(or agency or instrumentality thereof)” after “local government”.
• (e)(2) Pub. L. 105–34, § 211(b)(1), amended heading and text of par. (2) generally. Prior to amendment, text read as follows…
• (e)(3) Pub. L. 105–34, § 211(a), amended heading and text of par. (3) generally. Prior to amendment, text read as follows…
• (e)(5) Pub. L. 105–34, § 211(b)(2), added par. (5).

§ 530 Coverdell education savings accounts

• Enacted § 530

§ 532 Corporations subject to accumulated earnings tax

• (b) Pub. L. 105–34 substituted “section 1297” for “section 1296”.

§ 542 Definition of personal holding company

• (c) Pub. L. 105–34 substituted “section 1297” for “section 1296”.

§ 593 Reserves for losses on loans

• (e)(1)(A) Pub. L. 105–34 inserted “(and, in the case of an S corporation, the accumulated adjustments account, as defined in…

§ 613A Limitations on percentage depletion in case of oil and gas wells

• (c)(6) Pub. L. 105–34 added subpar. (H).

§ 641 Imposition of tax

• (b) Pub. L. 105–34 inserted at end “For purposes of this subsection, a foreign trust or foreign estate shall be treated as…

§ 644 Taxable year of trusts

• § 644 Pub. L. 105–34 renumbered section 645 of this title as this section.

§ 645 Certain revocable trusts treated as part of estate

• Enacted § 645

§ 663 Special rules applicable to sections 661 and 662

• (b) Pub. L. 105–34, § 1306(a), inserted “an estate or” before “a trust” in pars. (1) and (2).
• (b)(2) Pub. L. 105–34, § 1306(b), substituted “the executor of such estate or the fiduciary of such trust (as the case may…
• (c) Pub. L. 105–34, § 1307(a), (b), inserted “estates or” before “trusts” in heading, “Rules similar to the rules of the…

§ 664 Charitable remainder trusts

• (d)(1)(A) Pub. L. 105–34, § 1089(a)(1), inserted “nor more than 50 percent” after “not less than 5 percent”.
• (d)(1)(B) Pub. L. 105–34, § 1530(c)(5), inserted “and other than qualified gratuitous transfers described in subparagraph (C)”…
• (d)(1)(B) Pub. L. 105–34, § 1089(b)(1), struck out “and” at end.
• (d)(1)(C) Pub. L. 105–34, § 1530(a), which directed amendment of subpar. (C) by striking period at end and inserting “or, to the…
• (d)(1)(C) Pub. L. 105–34, § 1089(b)(1), struck out period after “for such a use”.
• (d)(1)(D) Pub. L. 105–34, § 1089(b)(1), added subpar. (D).
• (d)(2)(A) Pub. L. 105–34, § 1089(a)(1), inserted “nor more than 50 percent” after “not less than 5 percent”.
• (d)(2)(B) Pub. L. 105–34, § 1530(c)(5), inserted “and other than qualified gratuitous transfers described in subparagraph (C)”…
• (d)(2)(B) Pub. L. 105–34, § 1089(b)(2), struck out “and” at end.
• (d)(2)(C) Pub. L. 105–34, § 1530(a), which directed amendment of subpar. (C) by striking period at end and inserting “or, to the…
• (d)(2)(C) Pub. L. 105–34, § 1089(b)(2), struck out period after “for such a use”.
• (d)(2)(D) Pub. L. 105–34, § 1089(b)(2), added subpar. (D).
• (d)(4) Pub. L. 105–34, § 1089(b)(4), added par. (4).
• (g) Pub. L. 105–34, § 1530(b), added subsec. (g).

§ 665 Definitions applicable to subpart D

• (b) Pub. L. 105–34, § 507(a)(2), inserted “except as provided in subsection (c),” after “subpart,” in introductory…
• (c) Pub. L. 105–34, § 507(a)(1), added subsec. (c).
• (d)(1) Pub. L. 105–34, § 1604(g)(2), struck out “or 669(d) and (e)” after “666(b) and (c)”.

§ 674 Power to control beneficial enjoyment

• (b)(4) Pub. L. 105–34 inserted before period “or to an employee stock ownership plan (as defined in section 4975(e)(7)) in a…

§ 679 Foreign trusts having one or more United States beneficiaries

• (a)(3)(C)(ii) (a)(3)(C)(iii) Pub. L. 105–34 inserted “, owner,” after “grantor”.

§ 684 Recognition of gain on certain transfers to certain foreign trusts and estates

• Enacted § 684

§ 685 Treatment of funeral trusts

• Enacted § 685

§ 691 Recipients of income in respect of decedents

• (c)(1) Pub. L. 105–34 struck out heading and text of subpar. (C). Text read as follows: “For purposes of this subsection, no…

§ 704 Partner’s distributive share

• (c)(1)(B) Pub. L. 105–34 substituted “7 years” for “5 years” in introductory provisions.

§ 706 Taxable years of partner and partnership

• (b)(5) Pub. L. 105–34, § 507(b)(2), substituted “section 644” for “section 645”.
• (c)(2) Pub. L. 105–34, § 1246(b), substituted “Treatment of dispositions” for “Partner who retires or sells interest in…
• (c)(2)(A) Pub. L. 105–34, § 1246(a), amended heading and text of subpar. (A) generally. Prior to amendment, text read as follows…

§ 721 Nonrecognition of gain or loss on contribution

• (c) Pub. L. 105–34, § 1131(b)(3), added subsec. (c).
• (d) Pub. L. 105–34, § 1131(b)(5)(B), added subsec. (d).

§ 724 Character of gain or loss on contributed unrealized receivables, inventory items, and capital loss property

• (d)(2) Pub. L. 105–34 substituted “section 751(d)” for “section 751(d)(2)”.

§ 731 Extent of recognition of gain or loss on distribution

• (a)(2)(B) (c)(6) Pub. L. 105–34 substituted “section 751(d)” for “section 751(d)(2)”.

§ 732 Basis of distributed property other than money

• (c) Pub. L. 105–34, § 1061(a), amended heading and text of subsec. (c) generally. Prior to amendment, text read as follows…
• (c)(1)(A)(i) Pub. L. 105–34, § 1062(b)(3), substituted “section 751(d)” for “section 751(d)(2)”.

§ 735 Character of gain or loss on disposition of distributed property

• (a)(2) (c)(1) Pub. L. 105–34 substituted “section 751(d)” for “section 751(d)(2)”.

§ 737 Recognition of precontribution gain in case of certain distributions to contributing partner

• (b)(1) Pub. L. 105–34 substituted “7 years” for “5 years”.

§ 751 Unrealized receivables and inventory items

• (a)(2) Pub. L. 105–34, § 1062(a), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “inventory items…
• (b)(1) Pub. L. 105–34, § 1062(b)(1)(A), added subpars. (A) and (B) and struck out former subpars. (A) and (B) which read as…
• (b)(3) Pub. L. 105–34, § 1062(b)(1)(B), added par. (3).
• (d) Pub. L. 105–34, § 1062(b)(2), amended heading and text of subsec. (d) generally. Prior to amendment, subsec. (d)…

§ 805 General deductions

• (a)(4)(C)(ii) Pub. L. 105–34, § 1084(b)(1)(A), inserted “, or out of the increase for the taxable year in policy cash values (within…
• (a)(4)(D)(iii) Pub. L. 105–34, § 1084(b)(1)(B), substituted “, the increase for the taxable year in policy cash values (within the…
• (a)(4)(F) Pub. L. 105–34, § 1084(b)(1)(C), added subpar. (F).

§ 807 Rules for certain reserves

• (a)(2)(B) Pub. L. 105–34, § 1084(b)(2)(A), substituted “interest and the amount of the policyholder’s share of the increase for…
• (b)(1)(B) Pub. L. 105–34, § 1084(b)(2)(B), substituted “interest and the amount of the policyholder’s share of the increase for…

§ 812 Definition of company’s share and policyholder’s share

• § 812 Pub. L. 105–34 added subpar. (D).

§ 814 Contiguous country branches of domestic life insurance companies

• (h) Pub. L. 105–34 struck out “or 1491” after “section 367”.

§ 817 Treatment of variable contracts

• (h)(2)(A) Pub. L. 105–34, § 1271(b)(8)(A), substituted “851(b)(3)” for “851(b)(4)”.
• (h)(2)(B) Pub. L. 105–34, § 1271(b)(8)(B), substituted “851(b)(3)(A)(i)” for “851(b)(4)(A)(i)”.

§ 832 Insurance company taxable income

• (b)(5)(B)(iii) Pub. L. 105–34, which directed amendment of subpar. (B) by adding cl. (iii) at the end, was executed by adding cl.…

§ 833 Treatment of Blue Cross and Blue Shield organizations, etc.

• (b)(1)(A)(i) Pub. L. 105–34, § 1604(d)(2)(A)(i), inserted “and liabilities incurred during the taxable year under cost-plus…
• (b)(1)(A)(ii) Pub. L. 105–34, § 1604(d)(2)(A)(ii), inserted “or in connection with the administration of cost-plus contracts” before…

§ 851 Definition of regulated investment company

• (b) Pub. L. 105–34, § 1271(b)(1), in concluding provisions, substituted “paragraph (2), amounts excludable” for “paragraphs…
• (b)(2) Pub. L. 105–34, § 1271(a), inserted “and” at end.
• (b)(3) (b) Pub. L. 105–34, § 1271(a), redesignated par. (4) as (3) and struck out former par. (3) which read as follows: “less…
• (c) Pub. L. 105–34, § 1271(b)(2), substituted “subsection (b)(3)” for “subsection (b)(4)” in heading and introductory…
• (d) Pub. L. 105–34, § 1271(b)(3), substituted “subsections (b)(3)” for “subsections (b)(4)”.
• (e)(1) Pub. L. 105–34, § 1271(b)(4), substituted “subsection (b)(3)” for “subsection (b)(4)”.
• (e)(4) Pub. L. 105–34, § 1271(b)(5), substituted “subsections (b)(3)” for “subsections (b)(4)”.
• (g) Pub. L. 105–34, § 1271(b)(6), redesignated subsec. (h) as (g) and struck out former subsec. (g) which provided for…
• (g) Pub. L. 105–34, § 1271(b)(7), struck out par. (3) which provided special rule for abnormal redemptions.
• (h) Pub. L. 105–34, § 1271(b)(6), redesignated subsec. (h) as (g).

§ 852 Taxation of regulated investment companies and their shareholders

• (b)(3)(D)(iii) Pub. L. 105–34, § 1254(b)(2), substituted “by the difference between the amount of such includible gains and the tax…
• (b) Pub. L. 105–34, § 1122(c)(2), added par. (10).
• (c)(2) Pub. L. 105–34, § 1122(c)(3), inserted “, without regard to any net reduction in the value of any stock of a passive…

§ 853 Foreign tax credit allowed to shareholders

• (c) Pub. L. 105–34 inserted at end “Such notice shall also include the amount of such taxes which (without regard to the…

§ 856 Definition of real estate investment trust

• (a)(6) Pub. L. 105–34, § 1251(b)(2), inserted “subject to the provisions of subsection (k),” before “which is not”.
• (c)(3)(I) Pub. L. 105–34, § 1255(a)(1), inserted “and” at end.
• (c)(4) Pub. L. 105–34, § 1255(a)(2), (3), redesignated par. (5) as (4) and struck out former par. (4) which read as follows…
• (c)(5) Pub. L. 105–34, § 1255(a)(3), redesignated par. (6) as (5). Former par. (5) redesignated (4).
• (c)(5)(G) Pub. L. 105–34, § 1258, amended heading and text of subpar. (G) generally. Prior to amendment, text read as follows…
• (c)(5)(G) Pub. L. 105–34, § 1255(b)(1), struck out “and such agreement shall be treated as a security for purposes of paragraph…
• (c)(6) (c)(7) Pub. L. 105–34, § 1255(a)(3), redesignated par. (7) as (6). Former par. (6) redesignated (5).
• (c)(8) Pub. L. 105–34, § 1255(a)(2), struck out heading and text of par. (8). Text read as follows: “In the case of the…
• (d)(2) Pub. L. 105–34, § 1252(a), added subpar. (C) and struck out former subpar. (C) and concluding provisions which read as…
• (d)(5) Pub. L. 105–34, § 1253, substituted “except that—” and subpars. (A) and (B) for “except that ‘10 percent’ shall be…
• (d)(7) Pub. L. 105–34, § 1252(b), added par. (7).
• (e)(2) Pub. L. 105–34, § 1257(a)(1), which directed amendment of par. (2) by substituting “as of the close of the 3d taxable…
• (e)(3) Pub. L. 105–34, § 1257(a)(2), substituted “grant one extension” for “grant one or more extensions” and “Any such…
• (e)(4) Pub. L. 105–34, § 1257(c), inserted concluding provisions “For purposes of subparagraph (C), property shall not be…
• (e)(5) Pub. L. 105–34, § 1257(b), substituted “A real estate investment trust may revoke any such election for a taxable year…
• (i)(2) Pub. L. 105–34, § 1262, struck out “at all times during the period such corporation was in existence” after “real…
• (j)(4) Pub. L. 105–34, § 1261(a), added par. (4). Former par. (4) redesignated (5).
• (j)(5) Pub. L. 105–34, § 1261(a), redesignated par. (4) as (5).
• (j)(5)(A)(ii) Pub. L. 105–34, § 1261(b), inserted before period at end “or appreciation in value as of any specified date”.
• (k) Pub. L. 105–34, § 1251(b)(1), added subsec. (k).

§ 857 Taxation of real estate investment trusts and their beneficiaries

• (a)(2) (a) Pub. L. 105–34, § 1251(a)(1), redesignated par. (3) as (2) and struck out former par. (2) which read as follows: “the…
• (b)(3)(D) (b)(3)(E) Pub. L. 105–34, § 1254(a), added subpar. (D) and redesignated former subpar. (D) as (E).
• (b)(5) Pub. L. 105–34, § 1255(b)(2), substituted “section 856(c)(6)” for “section 856(c)(7)” in introductory provisions.
• (b)(6)(C) Pub. L. 105–34, § 1255(b)(3), substituted “section 856(c)(5)(B)” for “section 856(c)(6)(B)” in introductory provisions.
• (b)(6)(C)(iii) Pub. L. 105–34, § 1260, substituted “(other than sales of foreclosure property or sales to which section 1033 applies)”…
• (b)(7)(A) Pub. L. 105–34, § 1254(b)(1), substituted “subparagraph (B) or (D)” for “subparagraph (B)”.
• (d)(3) Pub. L. 105–34, § 1256, added par. (3).
• (e)(2)(B) (e)(2)(C) (e)(2)(D) Pub. L. 105–34, § 1259, redesignated subpar. (C) as (B) and substituted a comma for period at end, added subpars. (C)…
• (f) (g) Pub. L. 105–34, § 1251(a)(2), added subsec. (f) and redesignated former subsec. (f) as (g).

§ 861 Income from sources within the United States

• (a)(3) Pub. L. 105–34 inserted concluding provisions “In addition, except for purposes of sections 79 and 105 and subchapter…

§ 863 Special rules for determining source

• (c)(2)(B) Pub. L. 105–34 inserted concluding provisions “In the case of transportation income derived from, or in connection…

§ 864 Definitions and special rules

• (b)(2)(A)(ii) Pub. L. 105–34 struck out “, or in the case of a corporation (other than a corporation which is, or but for section…

§ 877 Expatriation to avoid tax

• (d)(2)(B) Pub. L. 105–34, § 1602(g)(1), substituted “the 10-year period beginning on the date the individual loses United States…
• (d)(2)(D) Pub. L. 105–34, § 1602(g)(2), inserted at end “In the case of any exchange occurring during such 5 years, any gain…
• (d)(3) Pub. L. 105–34, § 1602(g)(3), inserted “and the period applicable under paragraph (2)” after “subsection (a)” in…
• (d)(4)(A) Pub. L. 105–34, § 1602(g)(4)(C), struck out “during the 10-year period referred to in subsection (a),” before “any…
• (d)(4)(A)(i) Pub. L. 105–34, § 1602(g)(4)(A), inserted “during the 10-year period beginning on the date the individual loses United…
• (d)(4)(A)(ii) Pub. L. 105–34, § 1602(g)(4)(B), inserted “immediately before such contribution” after “from such property”.
• (e)(1) Pub. L. 105–34, § 1602(h)(3), substituted “6039G” for “6039F” in concluding provisions.

§ 894 Income affected by treaty

• (c) Pub. L. 105–34 added subsec. (c).

§ 901 Taxes of foreign countries and of possessions of United States

• (k) Pub. L. 105–34, § 1053(a), added subsec. (k). Former subsec. (k) redesignated (l).
• (l) Pub. L. 105–34, § 1053(a), redesignated subsec. (k) as (l).
• (l)(4) Pub. L. 105–34, § 1142(e)(4), which directed amendment of subsec. (k)(4) by substituting “foreign corporation or…

§ 904 Limitation on credit

• (b)(2)(C) Pub. L. 105–34, § 311(c)(3), added subpar. (C).
• (d)(1) Pub. L. 105–34, § 1105(a)(1), amended subpar. (E) generally. Prior to amendment, subpar. (E) read as follows: “in the…
• (d)(2)(C)(i)(II) Pub. L. 105–34, § 1163(b), substituted “subclauses (I) and (III)” for “subclause (I)”.
• (d)(2)(C)(iii) Pub. L. 105–34, § 1105(a)(3), inserted “out of earnings and profits accumulated in taxable years beginning before…
• (d)(2)(E)(i) Pub. L. 105–34, § 1111(b), struck out “and except as provided in regulations, the taxpayer was a United States…
• (d)(2)(E) Pub. L. 105–34, § 1105(a)(2), added cl. (iv).
• (d)(4) (d)(5) (d)(6) Pub. L. 105–34, § 1105(b), added par. (4) and redesignated former pars. (4) and (5) as (5) and (6), respectively.
• (j) (k) Pub. L. 105–34, § 1101(a), added subsec. (j) and redesignated former subsec. (j) as (k).

§ 905 Applicable rules

• (c) Pub. L. 105–34 amended heading and text of subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: “If…

§ 911 Citizens or residents of the United States living abroad

• (b)(2)(A) Pub. L. 105–34, § 1172(a)(1), substituted “equal to the exclusion amount for the calendar year in which such taxable…
• (b)(2)(D) Pub. L. 105–34, § 1172(a)(2), added subpar. (D).

§ 951 Amounts included in gross income of United States shareholders

• (a)(2) Pub. L. 105–34 inserted concluding provisions “For purposes of subparagraph (B), any gain included in the gross income…

§ 952 Subpart F income defined

• (b) Pub. L. 105–34 inserted at end “For purposes of this subsection, any exemption (or reduction) with respect to the tax…

§ 954 Foreign base company income

• (c)(1)(B) Pub. L. 105–34, § 1051(a)(2), in concluding provisions, struck out “In the case of any regular dealer in property…
• (c)(1)(F) (c)(1)(G) Pub. L. 105–34, § 1051(a)(1), added subpars. (F) and (G).
• (c)(2)(C) Pub. L. 105–34, § 1051(b), added subpar. (C).
• (e)(2) Pub. L. 105–34, § 1175(b), added subpar. (C).
• (h) Pub. L. 105–34, § 1175(a), added subsec. (h).

§ 956 Investment of earnings in United States property

• (b)(1)(A) Pub. L. 105–34, § 1601(e), inserted “to the extent such amount was accumulated in prior taxable years” after “section…
• (c)(2) Pub. L. 105–34, § 1173(a), added subpars. (J) and (K) and concluding provisions.

§ 960 Deemed paid credit for subpart F inclusions

• (a) Pub. L. 105–34 amended heading and text of par. (1) generally. Prior to amendment, text read as follows: “For purposes…

§ 961 Adjustments to basis of stock in controlled foreign corporations and of other property

• (c) Pub. L. 105–34 added subsec. (c).

§ 964 Miscellaneous provisions

• (e) Pub. L. 105–34 added subsec. (e).

§ 986 Determination of foreign taxes and foreign corporation’s earnings and profits

• (a) Pub. L. 105–34, § 1102(a)(1), amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows:
• (a)(3) (a)(4) Pub. L. 105–34, § 1102(b)(1), added par. (3) and redesignated former par. (3) as (4).

§ 988 Treatment of certain foreign currency transactions

• (e) Pub. L. 105–34 amended heading and text of subsec. (e) generally. Prior to amendment, text read as follows: “This…

§ 989 Other definitions and special rules

• (b)(3) (b)(4) Pub. L. 105–34, § 1102(b)(3), struck out “weighted” before “average exchange rate”.
• (c)(6) Pub. L. 105–34, § 1102(b)(2), added par. (6).

§ 1014 Basis of property acquired from a decedent

• (a) Pub. L. 105–34 struck out “or” at end of pars. (1) and (2), struck out the period at end of par. (3) and inserted “…

§ 1016 Adjustments to basis

• (a)(7) Pub. L. 105–34, § 312(d)(6), inserted “(as in effect on the day before the date of the enactment of the Taxpayer Relief…
• (a)(23) Pub. L. 105–34, § 313(b)(1), substituted “, 1044, or 1045” for “or 1044” and “, 1044(d), or 1045(b)(4)” for “or…
• (a)(27) Pub. L. 105–34, § 701(b)(2), added par. (27).

§ 1031 Exchange of real property held for productive use or investment

• (h) Pub. L. 105–34 amended heading and text of subsec. (h) generally. Prior to amendment, text read as follows: “For…

§ 1033 Involuntary conversions

• (e) Pub. L. 105–34, § 913(b), inserted “, flood, or other weather-related conditions” after “drought” in heading and “…
• (h)(4) Pub. L. 105–34, § 312(d)(1), substituted “section 121” for “section 1034”.
• (i) Pub. L. 105–34, § 1087(a), amended heading and text of subsec. (i) generally. Prior to amendment, text read as follows:
• (k)(3) Pub. L. 105–34, § 312(d)(7), amended par. (3) generally. Prior to amendment, par. (3) read as follows: “For one-time…

§ 1035 Certain exchanges of insurance policies

• (c) (d) Pub. L. 105–34 added subsec. (c) and redesignated former subsec. (c) as (d).

§ 1036 Stock for stock of same corporation

• (b) (c) Pub. L. 105–34 added subsec. (b) and redesignated former subsec. (b) as (c).

§ 1038 Certain reacquisitions of real property

• (e) Pub. L. 105–34 amended heading and text of subsec. (e) generally. Prior to amendment, text read as follows: “If—

§ 1042 Sales of stock to employee stock ownership plans or certain cooperatives

• (g) Pub. L. 105–34 added subsec. (g).

§ 1045 Rollover of gain from qualified small business stock to another qualified small business stock

• Enacted § 1045

§ 1059 Corporate shareholder’s basis in stock reduced by nontaxed portion of extraordinary dividends

• (a)(2) Pub. L. 105–34, § 1011(a), amended heading and text of par. (2) generally. Prior to amendment, text read as follows…
• (d)(1) Pub. L. 105–34, § 1011(c), amended heading and text of par. (1) generally. Prior to amendment, text read as follows:
• (d)(3) Pub. L. 105–34, § 1604(d)(1), substituted “subsection (a)” for “subsection (a)(2)”.
• (e)(1) Pub. L. 105–34, § 1011(b), amended heading and text of par. (1) generally. Prior to amendment, text read as follows…
• (e)(1)(A)(iii) Pub. L. 105–34, § 1013(b), amended cl. (iii) generally. Prior to amendment, cl. (iii) read as follows: “which would not…

§ 1092 Straddles

• (f)(2) Pub. L. 105–34 substituted “The” for “Except for purposes of section 851(b)(3), the”.

§ 1223 Holding period of property

• (7) Pub. L. 105–34, § 312(d)(9), inserted “(as in effect on the day before the date of the enactment of the Taxpayer Relief…
• (15) § 1223 Pub. L. 105–34, § 313(b)(2), added par. (15) and redesignated former par. (15) as (16).

§ 1233 Gains and losses from short sales

• (h) Pub. L. 105–34 added subsec. (h).

§ 1234A Gains or losses from certain terminations

• (1) Pub. L. 105–34 substituted “property” for “personal property (as defined in section 1092(d)(1))”.

§ 1239 Gain from sale of depreciable property between certain related taxpayers

• (b)(3) Pub. L. 105–34 added par. (3).

§ 1245 Gain from dispositions of certain depreciable property

• (a)(2)(C) (a)(3)(C) Pub. L. 105–34 inserted “179A,” after “179,”.

§ 1250 Gain from dispositions of certain depreciable realty

• (d)(7) (d) Pub. L. 105–34, § 312(d)(10)(A), redesignated pars. (9) and (10) as (7) and (8), respectively, and struck out heading…
• (e) Pub. L. 105–34, § 312(d)(10)(B), struck out heading and text of par. (3). Text read as follows: “If the basis of…

§ 1259 Constructive sales treatment for appreciated financial positions

• Enacted § 1259

§ 1271 Treatment of amounts received on retirement or sale or exchange of debt instruments

• (b) Pub. L. 105–34 amended heading and text of subsec. (b) generally. Prior to amendment, text read as follows: “This…

§ 1272 Current inclusion in income of original issue discount

• (a)(6)(C) Pub. L. 105–34 added cl. (iii) and concluding provisions.

§ 1274 Determination of issue price in the case of certain debt instruments issued for property

• (c)(3)(B) Pub. L. 105–34 substituted “section 121” for “section 1034”.

§ 1291 Interest on tax deferral

• (a)(3)(A) Pub. L. 105–34, § 1122(b)(3), amended heading and text of subpar. (A) generally. Prior to amendment, text read as…
• (d) Pub. L. 105–34, § 1122(b)(2), substituted “subparts B and C” for “subpart B” in heading.
• (d)(1) Pub. L. 105–34, § 1122(b)(1), inserted concluding provisions.

§ 1293 Current taxation of income from qualified electing funds

• (a)(1) (d) Pub. L. 105–34 substituted “section 1298(a)” for “section 1297(a)”.

§ 1296 Election of mark to market for marketable stock

• Enacted § 1296

§ 1297 Passive foreign investment company

• § 1297 Pub. L. 105–34, § 1122(a), renumbered section 1296 of this title as this section.
• (a) Pub. L. 105–34, § 1123(b)(2), struck out concluding provisions which read as follows: “In the case of a controlled…
• (a)(2) Pub. L. 105–34, § 1123(b)(1), substituted “(as determined in accordance with subsection (e))” for “(by value)”.
• (b) Pub. L. 105–34, § 1122(d)(4), struck out par. (3) which consisted of subpars. (A) to (C) relating to treatment of…
• (e) Pub. L. 105–34, § 1123(a), added subsec. (e) relating to methods for measuring assets.
• (e) Pub. L. 105–34, § 1121, added subsec. (e) relating to exception for United States shareholders of controlled foreign…

§ 1298 Special rules

• § 1298 Pub. L. 105–34, § 1122(a), renumbered section 1297 of this title as this section.
• (b)(1) Pub. L. 105–34, § 1122(e), inserted “(determined without regard to the preceding sentence)” after “investment company”…

§ 1301 Averaging of farm income

• Enacted § 1301

§ 1361 S corporation defined

• (b)(1)(B) Pub. L. 105–34, § 1601(c)(4)(C), substituted “subsection (c)(6)” for “subsection (c)(7)”.
• (b)(3)(A) Pub. L. 105–34, § 1601(c)(3), substituted “Except as provided in regulations prescribed by the Secretary, for purposes…
• (c)(6) (c) Pub. L. 105–34, § 1601(c)(4)(B), redesignated par. (7) as (6).
• (e)(1)(B)(iii) Pub. L. 105–34, § 1601(c)(1), added cl. (iii).

§ 1374 Tax imposed on certain built-in gains

• (d)(7) Pub. L. 105–34 inserted at end “For purposes of applying this section to any amount includible in income by reason of…

§ 1391 Designation procedure

• (b)(2) Pub. L. 105–34, § 951(a)(3), substituted “1,000,000” for “750,000”.
• (b)(2) Pub. L. 105–34, § 951(a)(2), which directed substitution of “8” for “6”, was executed by making the substitution both…
• (b)(2) Pub. L. 105–34, § 951(a)(1), substituted “11” for “9”.
• (c) Pub. L. 105–34, § 952(d)(2), substituted “subsection (a)” for “this section”.
• (e) (f) Pub. L. 105–34, § 952(d)(1), substituted “this section” for “subsection (a)” in introductory provisions.
• (g) Pub. L. 105–34, § 952(a), added subsec. (g).

§ 1392 Eligibility criteria

• (d) Pub. L. 105–34 added subsec. (d).

§ 1394 Tax-exempt enterprise zone facility bonds

• (b)(2) Pub. L. 105–34, § 955(b), amended heading and text of par. (2) generally. Prior to amendment, text read as follows…
• (b)(3) Pub. L. 105–34, § 955(b), amended heading and text of par. (3) generally. Prior to amendment, text read as follows…
• (f) Pub. L. 105–34, § 953(a), added subsec. (f).

§ 1396 Empowerment zone employment credit

• (b) Pub. L. 105–34 substituted “For purposes of this section—
• § 1396 Pub. L. 105–34, § 952(b), added subsec. (e).

§ 1397A Increase in expensing under section 179

• (c) Pub. L. 105–34 added subsec. (c).

§ 1397C Enterprise zone business defined

• (b)(2) Pub. L. 105–34, § 956(a)(1), substituted “50 percent” for “80 percent”.
• (b)(3) Pub. L. 105–34, § 956(a)(2), substituted “a substantial portion” for “substantially all”.
• (b)(4) Pub. L. 105–34, § 956(a)(2), (3), substituted “a substantial portion” for “substantially all” and struck out “, and…
• (b)(5) Pub. L. 105–34, § 956(a)(2), substituted “a substantial portion” for “substantially all”.
• (c)(1) Pub. L. 105–34, § 956(a)(1), substituted “50 percent” for “80 percent”.
• (c)(2) Pub. L. 105–34, § 956(a)(2), substituted “a substantial portion” for “substantially all”.
• (c)(3) Pub. L. 105–34, § 956(a)(2), (3), substituted “a substantial portion” for “substantially all” and struck out “, and…
• (c)(4) Pub. L. 105–34, § 956(a)(2), substituted “a substantial portion” for “substantially all”.
• (d)(2) Pub. L. 105–34, § 956(a)(4), inserted concluding provisions.
• (d)(3) Pub. L. 105–34, § 956(a)(5), substituted “at least 50 percent” for “substantially all”.
• (f) Pub. L. 105–34, § 956(a)(6), added subsec. (f).

§ 1397F Regulations

• § 1397F Pub. L. 105–34, § 226(a), as amended by Pub. L. 105–206, renumbered section 1397D of this title as this section.

§ 1402 Definitions

• (k) Pub. L. 105–34 added subsec. (k).

§ 1441 Withholding of tax on nonresident aliens

• (g) Pub. L. 105–34 substituted “85 percent” for “one-half”.

§ 1445 Withholding of tax on dispositions of United States real property interests

• (e)(1) Pub. L. 105–34 substituted “20 percent” for “28 percent” in introductory provisions.

§ 2001 Imposition and rate of tax

• (c) Pub. L. 105–34, § 501(a)(1)(D), substituted “the amount at which the average tax rate under this section is 55 percent”…
• (f) Pub. L. 105–34, § 506(a), added subsec. (f).

§ 2010 Unified credit against estate tax

• (a) Pub. L. 105–34, § 501(a)(1)(A), substituted “the applicable credit amount” for “$192,800”.
• (c) (d) Pub. L. 105–34, § 501(a)(1)(B), added subsec. (c) and redesignated former subsec. (c) as (d).

§ 2013 Credit for tax on prior transfers

• § 2013 Pub. L. 105–34 struck out heading and text of subsec. (g). Prior to amendment, text read as follows: “For purposes of…

§ 2031 Definition of gross estate

• (c) (d) Pub. L. 105–34 added subsec. (c) and redesignated former subsec. (c) as (d).

§ 2032A Valuation of certain farm, etc., real property

• (a)(3) Pub. L. 105–34, § 501(b), added par. (3).
• (b)(5)(A) Pub. L. 105–34, § 504(b), struck out at end “For purposes of subsection (c), such surviving spouse shall not be treated…
• (c)(7)(E) Pub. L. 105–34, § 504(a), added subpar. (E).
• (c)(8) Pub. L. 105–34, § 508(c), added par. (8).
• (d)(3) Pub. L. 105–34, § 1313(a), amended heading and text of par. (3) generally. Prior to amendment, text read as follows…

§ 2035 Adjustments for certain gifts made within 3 years of decedent’s death

• § 2035 Pub. L. 105–34 amended section catchline and text generally. Prior to amendment, section consisted of subsecs. (a) to…

§ 2053 Expenses, indebtedness, and taxes

• (c)(1)(B) Pub. L. 105–34, § 1073(b)(3), struck out at end “This subparagraph shall not apply to any increase in the tax imposed…
• (c)(1)(D) Pub. L. 105–34, § 503(b)(1), added subpar. (D).

§ 2055 Transfers for public, charitable, and religious uses

• (a)(5) Pub. L. 105–34, § 1530(c)(7), added par. (5).
• (e)(3)(G) Pub. L. 105–34, § 1089(b)(5), inserted “(or other proceeding pursuant to subparagraph (J)” after “reformation”.
• (e)(3)(J) Pub. L. 105–34, § 1089(b)(3), added subpar. (J).

§ 2056 Bequests, etc., to surviving spouse

• (b)(7)(C) Pub. L. 105–34, § 1311(a), inserted “(or, in the case of an interest in an annuity arising under the community property…
• (b)(8) Pub. L. 105–34, § 1530(c)(8), amended par. (8) generally. Prior to amendment, par. (8) read as follows:

§ 2056A Qualified domestic trust

• (a)(1)(A) Pub. L. 105–34, § 1314(a), inserted “except as provided in regulations prescribed by the Secretary,” before “requires”.
• (c)(3) Pub. L. 105–34, § 1312(a), added par. (3).

§ 2102 Credits against tax

• § 2102 Pub. L. 105–34 substituted “the applicable credit amount in effect under section 2010(c) for the calendar year which…

§ 2105 Property without the United States

• (b)(4) Pub. L. 105–34 added par. (4).

§ 2107 Expatriation to avoid tax

• (c)(2)(B)(i) Pub. L. 105–34, § 1602(g)(6)(A), substituted “such foreign country as the value of the property subjected to such taxes…
• (c)(2)(C) Pub. L. 105–34, § 1602(g)(6)(B), amended heading and text of subpar. (C) generally. Prior to amendment, text read as…

§ 2207A Right of recovery in the case of certain marital deduction property

• (a)(2) Pub. L. 105–34 amended heading and text of par. (2) generally. Prior to amendment, text read as follows: “Paragraph (1)…

§ 2207B Right of recovery where decedent retained interest

• (a)(2) Pub. L. 105–34 amended heading and text of par. (2) generally. Prior to amendment, text read as follows: “Paragraph (1)…

§ 2501 Imposition of tax

• (a)(3) Pub. L. 105–34 substituted “donor” for “decedent”.

§ 2503 Taxable gifts

• (b) Pub. L. 105–34 designated existing provisions as par. (1), inserted par. heading, realigned margins, and added par. (2).

§ 2504 Taxable gifts for preceding calendar periods

• (c) Pub. L. 105–34 struck out “, and if a tax under this chapter or under corresponding provisions of prior laws has been…

§ 2505 Unified credit against gift tax

• (a)(1) Pub. L. 105–34 substituted “the applicable credit amount in effect under section 2010(c) for such calendar year” for…

§ 2523 Gift to spouse

• (g)(1) Pub. L. 105–34 substituted “qualified charitable remainder trust” for “qualified remainder trust”.

§ 2612 Taxable termination; taxable distribution; direct skip

• (c)(2) Pub. L. 105–34, § 511(b)(2), substituted “section 2651(f)(2)” for “section 2651(e)(2)”.
• (c)(2) Pub. L. 105–34, § 511(b)(1), redesignated par. (3) as (2) and struck out heading and text of former par. (2). Text read…
• (c) Pub. L. 105–34, § 511(b)(1), redesignated par. (3) as (2).

§ 2631 GST exemption

• (c) Pub. L. 105–34 added subsec. (c).

§ 2651 Generation assignment

• (e) (f) Pub. L. 105–34 added subsec. (e) and redesignated former subsec. (e) as (f).

§ 2652 Other definitions

• (b)(1) Pub. L. 105–34 inserted at end “Such term shall not include any trust during any period the trust is treated as part of…

§ 3301 Rate of tax

• § 3301 Pub. L. 105–34, § 1035(1), substituted “2007” for “1998”.
• § 3301 Pub. L. 105–34, § 1035(2), substituted “2008” for “1999”.

§ 4041 Imposition of tax

• (a)(1)(A) Pub. L. 105–34, § 902(b)(1), substituted “or a diesel-powered train” for “, a diesel-powered train, or a diesel-powered…
• (a)(1) Pub. L. 105–34, § 902(b)(2), struck out heading and text of subpar. (D). Text read as follows: “In the case of any sale…
• (a)(2) Pub. L. 105–34, § 907(a)(1), amended heading and text of par. (2) generally. Prior to amendment, text read as follows…
• (a)(2) Pub. L. 105–34, § 1601(f)(4)(B), substituted “section 4081(a)(2)(A)(i)” for “section 4081(a)(2)(A)” in concluding…
• (a)(2)(A) Pub. L. 105–34, § 1032(e)(1), struck out “kerosene,” after “(other than” in introductory provisions.
• (c)(1) Pub. L. 105–34, § 1032(e)(2), substituted “kerosene and any other liquid” for “any liquid” in introductory provisions.
• (c)(2) Pub. L. 105–34, § 1435(b), inserted “or by reason of section 4261(h)” before period at end.
• (c)(3) Pub. L. 105–34, § 1031(a)(3), substituted “September 30, 2007” for “September 30, 1997”.
• (d)(1) Pub. L. 105–34, § 907(a)(2), inserted “and other than liquefied natural gas” after “liquefied petroleum gas”.
• (l) Pub. L. 105–34, § 1601(f)(4)(A), struck out “helicopter” after “certain” in heading and inserted “or a fixed-wing…
• (m)(1)(A) Pub. L. 105–34, § 907(b), amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: “the rate of…

§ 4051 Imposition of tax on heavy trucks and trailers sold at retail

• (b)(2)(B) Pub. L. 105–34, § 1401(a), substituted “$1,000” for “$200”.
• (d) Pub. L. 105–34, § 1432(a), redesignated subsec. (e) as (d) and struck out former subsec. (d) which provided for a…
• § 4051 Pub. L. 105–34, § 1432(a), redesignated subsec. (e) as (d).
• § 4051 Pub. L. 105–34, § 1401(a), amended heading and text of subsec. (e) generally. Prior to amendment, text read as follows…

§ 4052 Definitions and special rules

• (b)(1)(B)(ii) (b)(1)(B)(iii) (b)(1)(B) Pub. L. 105–34, § 1402(b), inserted “and” at end of cl. (ii), redesignated cl. (iv) as (iii), and struck out former cl.…
• (d) Pub. L. 105–34, § 1434(b)(1), substituted “rules of subsections (c) and (d) of section 4216 (relating to partial…
• (e) Pub. L. 105–34, § 1434(a), redesignated subsec. (f) as (e).
• (f) Pub. L. 105–34, § 1434(a), added subsec. (f). Former subsec. (f) redesignated (e).
• (g) Pub. L. 105–34, § 1434(b)(2), added subsec. (g).

§ 4081 Imposition of tax

• (a)(2)(A)(iii) Pub. L. 105–34, § 1032(b), inserted “or kerosene” after “diesel fuel”.
• (d)(2)(B) Pub. L. 105–34, § 1031(a)(2), substituted “September 30, 2007” for “September 30, 1997”.
• (d)(3) Pub. L. 105–34, § 1033, substituted “shall apply after September 30, 1997, and before April 1, 2005” for “shall not…

§ 4082 Exemptions for diesel fuel and kerosene

• § 4082 Pub. L. 105–34, § 1032(e)(3)(A), inserted “and kerosene” after “diesel fuel” in section catchline.
• (a) (c) Pub. L. 105–34, § 1032(c)(1), substituted “diesel fuel and kerosene” for “diesel fuel” in introductory provisions.
• (d) Pub. L. 105–34, § 1032(c)(2), added subsec. (d). Former subsec. (d) redesignated (e).
• (d) Pub. L. 105–34, § 1032(c)(1), substituted “diesel fuel and kerosene” for “diesel fuel”.
• (e) (f) Pub. L. 105–34, § 1032(c)(2), redesignated subsecs. (d) and (e) as (e) and (f), respectively.

§ 4083 Definitions; special rule; administrative authority

• (a)(1)(C) Pub. L. 105–34, § 1032(a), as amended by Pub. L. 105–206, § 6010(h)(1), added subpar. (C).
• (a)(3) Pub. L. 105–34, § 902(b)(3), substituted “or a diesel-powered train” for “, a diesel-powered train, or a diesel-powered…
• (b) Pub. L. 105–34, § 1032(e)(4), substituted “taxable fuels” for “gasoline, diesel fuel,”.

§ 4101 Registration and bond

• § 4101 Pub. L. 105–34 added subsec. (e).

§ 4131 Imposition of tax

• (b) Pub. L. 105–34 amended subsec. (b) generally. Prior to amendment, subsec. (b) read as follows:

§ 4132 Definitions and special rules

• (a)(1) Pub. L. 105–34, § 904(b), amended heading and text of par. (1) generally. Prior to amendment, text read as follows…
• (a)(2) (a)(3) (a)(4) (a) Pub. L. 105–34, § 904(c), redesignated pars. (6) to (8) as (2) to (4), respectively, and struck out former pars. (2) to…

§ 4161 Imposition of tax

• (b) Pub. L. 105–34 amended subsec. (b) generally. Prior to amendment, subsec. (b) consisted of pars. (1) to (3) imposing…

§ 4222 Registration

• (b)(2) Pub. L. 105–34 substituted “Under regulations” for “Export” in heading and struck out “in the case of any sale or…

§ 4251 Imposition of tax

• (d) Pub. L. 105–34 added subsec. (d).

§ 4261 Imposition of tax

• (a) Pub. L. 105–34, § 1031(c)(1), added subsec. (a) and struck out heading and text of former subsec. (a). Text read as…
• (b) Pub. L. 105–34, § 1031(c)(1), added subsec. (b) and struck out heading and text of former subsec. (b). Text read as…
• (c) Pub. L. 105–34, § 1031(c)(1), added subsec. (c) and struck out heading and text of former subsec. (c). Text read as…
• (e) (f) Pub. L. 105–34, § 1031(c)(2), added subsec. (e) and redesignated former subsec. (e) as (f). Former subsec. (f)…
• (g) Pub. L. 105–34, § 1031(c)(2), redesignated subsec. (f) as (g). Former subsec. (g) redesignated (h).
• (g)(1) Pub. L. 105–34, § 1031(b)(1), substituted “September 30, 2007” for “September 30, 1997”.
• (g)(2) Pub. L. 105–34, § 1601(f)(4)(D), inserted “on that flight” after “dedicated”.
• (h) Pub. L. 105–34, § 1435(a), added subsec. (h). Former subsec. (h) redesignated (i).
• (h) Pub. L. 105–34, § 1031(c)(2), redesignated subsec. (g) as (h).
• (i) Pub. L. 105–34, § 1435(a), redesignated subsec. (h) as (i).

§ 4263 Special rules

• (c) Pub. L. 105–34 substituted “subchapter, such tax shall be paid by the carrier providing the initial segment of such…

§ 4271 Imposition of tax

• (d)(1)(A)(ii) Pub. L. 105–34 substituted “September 30, 2007” for “September 30, 1997”.

§ 4681 Imposition of tax

• (b)(1)(B) Pub. L. 105–34 added subpar. (B) and struck out heading and text of former subpar. (B). Text read as follows: “The base…
• (b)(1) Pub. L. 105–34 struck out heading and text of subpar. (C). Text read as follows: “The base tax amount for purposes of…

§ 4682 Definitions and special rules

• (d)(1) Pub. L. 105–34, § 903(a), substituted “recycled Halon-1301 or recycled Halon-2402” for “recycled halon”.
• (g) Pub. L. 105–34, § 1432(c)(2), amended subsec. (g) generally. Prior to amendment, subsec. (g) consisted of pars. (1) to…

§ 4947 Application of taxes to certain nonexempt trusts

• (b)(4) Pub. L. 105–34 added par. (4).

§ 4962 Abatement of first tier taxes in certain cases

• (b) Pub. L. 105–34 substituted “subchapter A, C, or D” for “subchapter A or C”.

§ 4972 Tax on nondeductible contributions to qualified employer plans

• (c)(6)(B) Pub. L. 105–34 amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: “contributions to 1 or…

§ 4973 Tax on excess contributions to certain tax-favored accounts and annuities

• (a)(4) Pub. L. 105–34, § 213(d)(1), added par. (4).
• (e) Pub. L. 105–34, § 213(d)(2), added subsec. (e).
• (f) Pub. L. 105–34, § 302(b), as amended by Pub. L. 105–206, § 6005(b)(8)(C), added subsec. (f).

§ 4975 Tax on prohibited transactions

• (a) Pub. L. 105–34, § 1074(a), substituted “15 percent” for “10 percent”.
• (c)(4) Pub. L. 105–34, § 1602(a)(5), substituted “if section 220(e)(2) applies to such transaction.” for “if, with respect to…
• (c)(5) Pub. L. 105–34, § 213(b)(2), added par. (5).
• (d) Pub. L. 105–34, § 1506(b)(1)(B)(ii), struck out concluding provisions which read as follows: “The exemptions provided…
• (d) Pub. L. 105–34, § 1506(b)(1)(B)(i), substituted “Except as provided in subsection (f)(6), the prohibitions” for “The…
• (e)(1)(D) (e)(1)(E) (e)(1)(F) Pub. L. 105–34, § 213(b)(1), struck out “or” at end of subpar. (D), added subpar. (E), and redesignated former subpar.…
• (e)(7) Pub. L. 105–34, § 1530(c)(10), inserted “and section 664(g)” after “section 409(n)” in concluding provisions.
• (f)(6) Pub. L. 105–34, § 1506(b)(1)(A), added par. (6).

§ 4978 Tax on certain dispositions by employee stock ownership plans and certain cooperatives

• (a) Pub. L. 105–34, § 1530(c)(11)(A), inserted “or acquired any qualified employer securities in a qualified gratuitous…
• (a)(2) Pub. L. 105–34, § 1530(c)(11)(B), inserted before comma at end “60 percent of the total value of all employer…
• (b)(2) Pub. L. 105–34, § 1530(c)(12)(A), inserted “or acquired in the qualified gratuitous transfer to which section 664(g)…
• (b)(2)(A) Pub. L. 105–34, § 1530(c)(12)(B), inserted “or to which section 664(g) applied” after “section 1042 applied”.
• (c) Pub. L. 105–34, § 1530(c)(13), substituted “written statement described in section 664(g)(1)(E) or in section…
• (e)(2) Pub. L. 105–34, § 1530(c)(14), inserted before period at end “; except that such section shall be applied without…

§ 4979A Tax on certain prohibited allocations of qualified securities

• (a) Pub. L. 105–34, § 1530(c)(15), amended heading and text of subsec. (a) generally. Prior to amendment, text read as…
• (c) Pub. L. 105–34, § 1530(c)(16), amended heading and text of subsec. (c) generally. Prior to amendment, text read as…
• (d) (e) Pub. L. 105–34, § 1530(c)(17), added subsec. (d) and redesignated former subsec. (d) as (e).

§ 4980D Failure to meet certain group health plan requirements

• (a) Pub. L. 105–34, § 1531(b)(2)(A), substituted “plans” for “plan portability, access, and renewability”.
• (c)(3)(B)(i)(I) Pub. L. 105–34, § 1531(b)(2)(B), substituted “9832(d)(3)” for “9805(d)(3)”.
• (d)(1) Pub. L. 105–34, § 1531(b)(2)(C), inserted “(other than a failure attributable to section 9811)” after “on any failure”.
• (d)(3) Pub. L. 105–34, § 1531(b)(2)(D), substituted “section 9832” for “section 9805”.
• (f)(1) Pub. L. 105–34, § 1531(b)(2)(E), substituted “section 9832(a)” for “section 9805(a)”.

§ 4982 Excise tax on undistributed income of regulated investment companies

• (e)(6) Pub. L. 105–34 added par. (6).

§ 5008 Abatement, remission, refund, and allowance for loss or destruction of distilled spirits

• (c)(1) Pub. L. 105–34 substituted “on which tax has been determined or paid” for “withdrawn from bonded premises on payment or…

§ 5041 Imposition and rate of tax

• (b)(6) Pub. L. 105–34, § 908(a), added par. (6).
• (c)(1) Pub. L. 105–34, § 908(b), inserted at end “In the case of wine described in subsection (b)(6), the preceding sentence…

§ 5044 Refund of tax on wine

• § 5044 Pub. L. 105–34, § 1416(b)(2), struck out “unmerchantable” after “tax on” in section catchline.
• (a) Pub. L. 105–34, § 1416(a), struck out “as unmerchantable” after “to bond” in introductory provisions.

§ 5053 Exemptions

• (f) Pub. L. 105–34, § 1414(b), added subsec. (f). Former subsec. (f) redesignated (i).
• (g) Pub. L. 105–34, § 1418(a), added subsec. (g).
• (h) Pub. L. 105–34, § 1419(a), added subsec. (h).
• (i) Pub. L. 105–34, § 1414(b), redesignated subsec. (f) as (i).

§ 5055 Drawback of tax

• § 5055 Pub. L. 105–34 substituted “paid on such beer if there is such proof of exportation as the Secretary may by regulations…

§ 5056 Refund and credit of tax, or relief from lia­bility

• (c) Pub. L. 105–34, § 1414(c)(1), added subsec. (c). Former subsec. (c) redesignated (d).
• (d) Pub. L. 105–34 redesignated subsec. (c) as (d) and substituted “rendering unmerchantable, or receipt on the bonded…

§ 5175 Export bonds

• (c) Pub. L. 105–34 substituted “if there is such proof of exportation as the Secretary may by regulations require.” for “on…

§ 5207 Records and reports

• (c) Pub. L. 105–34 struck out “shall be kept on the premises where the operations covered by the record are carried on and”…

§ 5222 Production, receipt, removal, and use of distilling materials

• (b)(2) Pub. L. 105–34 amended par. (2) generally. Prior to amendment, par. (2) read as follows: “conveyed without payment of…

§ 5361 Bonded wine cellar operations

• § 5361 Pub. L. 105–34 struck out “unmerchantable” after “premises receive”.

§ 5364 Wine imported in bulk

• Enacted § 5364

§ 5384 Amelioration and sweetening limitations for natural fruit and berry wines

• (b)(2)(D) Pub. L. 105–34 substituted “any fruit or berry with a natural fixed acid of 20 parts per thousand or more (before any…

§ 5388 Designation of wines

• (c) Pub. L. 105–34 added subsec. (c).

§ 5418 Beer imported in bulk

• Enacted § 5418

§ 5681 Penalty relating to signs

• (a) Pub. L. 105–34, § 1415(b)(1), struck out “, and every wholesale dealer in liquors,” after “spirits operations” and…
• (c) Pub. L. 105–34, § 1415(b)(2), substituted “on which no sign required by” for “or wholesale liquor establishment, on…

§ 6011 General requirement of return, statement, or list

• (e)(2) Pub. L. 105–34 inserted at end “Notwithstanding the preceding sentence, the Secretary shall require partnerships having…

§ 6012 Persons required to make returns of income

• (b)(6) Pub. L. 105–34, § 1225, added par. (6).
• (c) Pub. L. 105–34, § 312(d)(11), substituted “(relating to gain from sale of principal residence)” for “(relating to…

§ 6018 Estate tax returns

• (a)(1) Pub. L. 105–34, § 501(a)(1)(C), substituted “the applicable exclusion amount in effect under section 2010(c) for the…
• (a) Pub. L. 105–34, § 1073(b)(4), struck out par. (4) which read as follows:

§ 6019 Gift tax returns

• (3) Pub. L. 105–34 added par. (3).

§ 6031 Return of partnership income

• (b) Pub. L. 105–34, § 1223(a), inserted at end “In the case of an electing large partnership (as defined in section 775)…
• (e) Pub. L. 105–34, § 1141(a), added subsec. (e).

§ 6033 Returns by exempt organizations

• (b)(10) Pub. L. 105–34, § 1603(b)(1)(A), in introductory provisions, substituted “the respective amounts (if any) of the taxes…
• (b)(10)(C) Pub. L. 105–34, § 1603(b)(1)(B), inserted at end “except to the extent that, by reason of section 4962, the taxes…
• (b)(11) Pub. L. 105–34, § 1603(b)(2), amended par. (11) generally. Prior to amendment, par. (11) read as follows: “the…

§ 6034A Information to beneficiaries of estates and trusts

• (c) Pub. L. 105–34 added subsec. (c).

§ 6038 Information reporting with respect to certain foreign corporations and partnerships

• § 6038 Pub. L. 105–34, § 1142(a), inserted “reporting” after “Information” and “and partnerships” after “corporations” in…
• (a) Pub. L. 105–34, § 1142(a), reenacted heading without change.
• (a)(1) Pub. L. 105–34, § 1142(a), reenacted heading without change and amended text generally. Prior to amendment, par. (1)…
• (a)(2) (a)(3) Pub. L. 105–34, § 1142(e)(1)(A), substituted “foreign business entity” for “foreign corporation” in pars. (2) and (3).
• (a)(5) Pub. L. 105–34, § 1142(d), added par. (5).
• (b) Pub. L. 105–34, § 1142(c), (e)(1)(B), substituted “foreign business entity” for “foreign corporation” in par. (1)…
• (c)(1) Pub. L. 105–34, § 1142(e)(1)(C), (2), substituted “foreign business entity” for “foreign corporation” in introductory…
• (c)(2) Pub. L. 105–34, § 1142(e)(1)(C), substituted “foreign business entity” for “foreign corporation” in introductory…
• (d) Pub. L. 105–34, § 1142(e)(1)(D), substituted “foreign business entity” for “foreign corporation”.
• (e) Pub. L. 105–34, § 1142(b), added pars. (1) and (3), redesignated former pars. (1) and (2) as (2) and (4), respectively…

§ 6038B Notice of certain transfers to foreign persons

• (a)(1) Pub. L. 105–34, § 1144(a), amended par. (1) generally. Prior to amendment, par. (1) read as follows: “transfers…
• (b) Pub. L. 105–34, § 1144(b), added subsec. (b). Former subsec. (b) redesignated (c).
• (c) Pub. L. 105–34, § 1144(c), as amended by Pub. L. 105–206, § 6011(g), substituted “equal to 10 percent of the fair…
• (c) Pub. L. 105–34, § 1144(b), redesignated subsec. (b) as (c).

§ 6039D Returns and records with respect to certain fringe benefit plans

• (d)(1) Pub. L. 105–34 substituted “129, or 137” for “or 129”.

§ 6039G Information on individuals losing United States citizenship

• § 6039G Pub. L. 105–34 renumbered section 6039F as this section.

§ 6041A Returns regarding payments of remuneration for services and direct sales

• (d)(3) Pub. L. 105–34 added par. (3).

§ 6045 Returns of brokers

• (e)(5) Pub. L. 105–34, § 312(c), added par. (5).
• (f) Pub. L. 105–34, § 1021(a), added subsec. (f).

§ 6046 Returns as to organization or reorganization of foreign corporations and as to acquisitions of their stock

• (a) Pub. L. 105–34 reenacted heading without change and amended text generally. Prior to amendment, text read as follows…

§ 6046A Returns as to interests in foreign partnerships

• (a) Pub. L. 105–34, § 1143(a)(1), inserted at end “Paragraphs (1) and (2) shall apply to any acquisition or disposition…
• (d) (e) Pub. L. 105–34, § 1143(a)(2), added subsec. (d) and redesignated former subsec. (d) as (e).

§ 6048 Information with respect to certain foreign trusts

• (b) Pub. L. 105–34, § 1601(i)(1), substituted “owner” for “grantor” in heading.
• (d)(5) Pub. L. 105–34, § 1027(b), added par. (5).

§ 6050Q Certain long-term care benefits

• (b)(1) Pub. L. 105–34 inserted “, address, and phone number of the information contact” after “name”.

§ 6050R Returns relating to certain purchases of fish

• § 6050R Pub. L. 105–34, § 1601(a)(2), provided that amendment made by section 1116(b)(1) of Pub. L. 104–188, shall be applied…
• (c)(1) Pub. L. 105–34, § 1601(a)(1), substituted “name, address, and phone number of the information contact” for “name and…

§ 6050S Returns relating to higher education tuition and related expenses

• Enacted § 6050S
• (a)(2) Pub. L. 105–34, § 202(c)(1), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “which is…
• (b)(2)(A) Pub. L. 105–34, § 202(c)(2)(A), inserted “or interest” after “payments”.
• (b)(2)(C) Pub. L. 105–34, § 202(c)(2)(B), added cl. (iii).
• (e) Pub. L. 105–34, § 202(c)(3), inserted at end “, and except as provided in regulations, the term ‘qualified education…

§ 6103 Confidentiality and disclosure of returns and return information

• (d)(5) Pub. L. 105–34, § 976(c), added par. (5).
• (e)(1)(A) Pub. L. 105–34, § 1201(b)(2), struck out “or 59(j)” after “section 1(g)”.
• (h)(5) (h)(6) Pub. L. 105–34, § 1283(a), redesignated par. (6) as (5) and struck out heading and text of former par. (5). Text read…
• (k)(8) Pub. L. 105–34, § 1205(c)(1), added par. (8) relating to disclosure of information to administer section 6311.
• (k)(8) Pub. L. 105–34, § 1026(a), added par. (8) relating to levies on certain government payments.
• (l)(7)(D) Pub. L. 105–34, § 1023(a), which directed amendment of subsec. (l)(7)(D)(viii) by striking “1998” and inserting “2003”…
• (p)(3)(A) Pub. L. 105–34, § 1205(c)(3), which directed the substitution of “(6), or (8)” for “or (6)” was executed by…
• (p)(3)(A) Pub. L. 105–34, § 1026(b)(1)(A), substituted “(6), or (8)” for “or (6)”.
• (p)(4) Pub. L. 105–34, § 1283(b), substituted “(h)(5)” for “(h)(6)” in introductory provisions and in subpar. (F)(ii).
• (p)(4) Pub. L. 105–34, § 1026(b)(1)(B), inserted “(k)(8),” after “(j)(1) or (2),” in introductory provisions and in subpar.…

§ 6111 Disclosure of reportable transactions

• § 6111 Pub. L. 105–34 added subsec. (d) and redesignated former subsecs. (d) and (e) as (e) and (f), respectively.

§ 6166 Extension of time for payment of estate tax where estate consists largely of interest in closely held business

• (b)(7)(A)(iii) Pub. L. 105–34 substituted “2-percent” for “4-percent”.
• (b)(8)(A)(iii) Pub. L. 105–34 substituted “2-percent” for “4-percent” in heading and text.

§ 6211 Definition of a deficiency

• (c) Pub. L. 105–34 added subsec. (c).

§ 6212 Notice of deficiency

• (c)(2)(C) (c)(2) Pub. L. 105–34, which directed the amendment of par. (2) by striking out subpar. (C) and redesignating succeeding…

§ 6213 Restrictions applicable to deficiencies; petition to Tax Court

• (g)(2)(I) Pub. L. 105–34, § 101(d)(2), added subpar. (I).
• (g)(2)(J) Pub. L. 105–34, § 201(b), added subpar. (J).
• (g)(2)(K) Pub. L. 105–34, § 1085(a)(3), as amended by Pub. L. 105–206, § 6010(p)(3), added subpar. (K).

§ 6311 Payment of tax by commercially acceptable means

• § 6311 Pub. L. 105–34 amended section catchline and text generally, substituting provisions relating to payment of tax by…

§ 6331 Levy and distraint

• (h) (i) Pub. L. 105–34 added subsec. (h) and redesignated former subsec. (h) as (i).

§ 6334 Property exempt from levy

• (a)(13) Pub. L. 105–34, § 312(d)(1), substituted “section 121” for “section 1034”.
• (f) (g) Pub. L. 105–34 added subsec. (f) and redesignated former subsec. (f) as (g).

§ 6416 Certain taxes on sales and services

• (a)(4)(B) Pub. L. 105–34, § 905(a), inserted at end “Such term includes any person who makes retail sales of gasoline at 10 or…
• (b)(2) Pub. L. 105–34, § 1032(e)(6), inserted “or kerosene” after “diesel fuel” in concluding provisions.
• (d) Pub. L. 105–34, § 1436(b), inserted before period at end “or to the tax imposed by section 4091 in the case of refunds…

§ 6421 Gasoline used for certain nonhighway purposes, used by local transit systems, or sold for certain exempt purposes

• (e)(2)(B) Pub. L. 105–34 struck out cls. (iii) and (iv) which read as follows:

§ 6422 Cross references

• (5) (6) (7) (8) (9) (10) § 6422 Pub. L. 105–34 struck out par. (5) and redesignated pars. (6) to (13) as (5) to (12), respectively. Prior to amendment…

§ 6427 Fuels not used for taxable purposes

• (f) Pub. L. 105–34, § 1032(e)(7), inserted “kerosene,” after “diesel fuel,” in subsec. heading and in text of par. (1).
• (f) Pub. L. 105–34, § 1032(e)(8), substituted “, diesel fuel, or kerosene” for “or diesel fuel”.
• (f) Pub. L. 105–34, § 1032(e)(7), inserted “kerosene,” after “diesel fuel,”.
• (i)(3)(A) Pub. L. 105–34, § 1032(e)(9), substituted “, diesel fuel, or kerosene” for “or diesel fuel” in introductory provisions.
• (i)(4) Pub. L. 105–34, § 1032(e)(10), amended heading generally. Prior to amendment, heading read as follows: “Special rule…
• (i) Pub. L. 105–34, § 1032(c)(3)(E), inserted “($100 or more in the case of kerosene)” after “$200 or more”.
• (l) Pub. L. 105–34, § 1032(c)(3)(D), inserted “, kerosene,” after “diesel fuel” in heading.
• (l)(1) (l)(2) Pub. L. 105–34, § 1032(c)(3)(A), inserted “or kerosene” after “diesel fuel”.
• (l)(5) Pub. L. 105–34, § 1032(c)(3)(A), inserted “or kerosene” after “diesel fuel” in heading.
• (l)(5)(A) Pub. L. 105–34, § 1032(c)(3)(A), inserted “or kerosene” after “diesel fuel” in introductory provisions.
• (l)(5)(B) Pub. L. 105–34, § 1032(c)(3)(B), added subpar. (B) and redesignated former subpar. (B) as (C).
• (l)(5)(C) Pub. L. 105–34, § 1032(c)(3)(B), (C), redesignated subpar. (B) as (C) and substituted “subparagraph (A) or (B)” for…

§ 6501 Limitations on assessment and collection

• (a) Pub. L. 105–34, § 1284(a), inserted at end “For purposes of this chapter, the term ‘return’ means the return required…
• (c)(8) Pub. L. 105–34, § 1145(a), amended heading and text of par. (8) generally. Prior to amendment, text read as follows…
• (c)(9) Pub. L. 105–34, § 506(b), reenacted par. (9) heading without change and amended text of par. (9) generally. Prior to…
• (m) Pub. L. 105–34, § 1601(g)(2), provided that sections 1703(n)(8) and 1704(j)(4)(B) of Pub. L. 104–188 shall be applied…
• (n) Pub. L. 105–34, § 1239(e)(2), which directed the addition of par. (3) to subsec. (o), was executed by adding par. (3)…

§ 6503 Suspension of running of period of limitation

• (a)(1) Pub. L. 105–34 substituted “paragraph (2)(A) or (3) of section 6230(a)” for “section 6230(a)(2)(A)”.

§ 6504 Cross references

• (4) (5) (6) (7) (8) (9) (10) § 6504 Pub. L. 105–34 redesignated pars. (5) to (12) as (4) to (11), respectively, and struck out former par. (4) which read…

§ 6511 Limitations on credit or refund

• (d)(3)(A) Pub. L. 105–34, § 1056(a), substituted “for the year in which such taxes were actually paid or accrued” for “for the…
• (d)(7) Pub. L. 105–34, § 1454(b)(1), added par. (7).

§ 6512 Limitations in case of petition to Tax Court

• (b)(2) Pub. L. 105–34, § 1451(a), inserted at end “An order of the Tax Court disposing of a motion under this paragraph shall…
• (b)(3) Pub. L. 105–34, § 1282(a), inserted concluding provisions “In a case described in subparagraph (B) where the date of…
• (b)(3) Pub. L. 105–34, § 1239(c)(2), inserted concluding provisions “In the case of a credit or refund relating to an affected…
• (b)(4) Pub. L. 105–34, § 1451(b), added par. (4).

§ 6601 Interest on underpayment, nonpayment, or extensions of time for payment, of tax

• (c) Pub. L. 105–34, § 1242(a), inserted at end “In the case of a settlement under section 6224(c) which results in the…
• (d)(2) (d)(3) (d)(4) Pub. L. 105–34, § 1055(a), added par. (2) and redesignated former pars. (2) and (3) as (3) and (4), respectively.
• (j) Pub. L. 105–34, § 503(c)(3), substituted “2-percent” for “4-percent” in heading.
• (j)(1) Pub. L. 105–34, § 503(a), reenacted par. heading without change and amended text generally. Prior to amendment, text…
• (j)(2) Pub. L. 105–34, § 503(a), amended heading and text generally. Prior to amendment, text read as follows: “For purposes…
• (j)(3) Pub. L. 105–34, § 501(e), added par. (3). Former par. (3) redesignated (4).
• (j)(4) Pub. L. 105–34, § 503(c)(2), substituted “2-percent” for “4-percent” wherever appearing.
• (j)(4) Pub. L. 105–34, § 501(e), redesignated par. (3) as (4).

§ 6611 Interest on overpayments

• (f)(2) (f)(3) Pub. L. 105–34, § 1055(b)(1), added par. (2) and redesignated former par. (2) as (3). Former par. (3) redesignated (4).
• (f)(4) Pub. L. 105–34, § 1055(b)(1), (2)(A)(i), redesignated par. (3) as (4) and substituted “paragraphs (1), (2), and (3)”…
• (f)(4)(B)(i)(I) Pub. L. 105–34, § 1055(b)(2)(A), substituted “paragraph (1), (2), or (3)” for “paragraph (1) or (2)”.
• (f)(4)(B)(ii)(II) Pub. L. 105–34, § 1055(b)(2)(B), added subcl. (II). Former subcl. (II) redesignated (III).
• (f)(4)(B)(ii)(III) Pub. L. 105–34, § 1055(b)(2)(B), (C), redesignated subcl. (II) as (III) and inserted “(as defined in paragraph (3)(B))”…
• (f)(4)(C)(i) Pub. L. 105–34, § 1055(b)(2)(A), substituted “paragraph (1), (2), or (3)” for “paragraph (1) or (2)”.
• (g) (h) § 6611 Pub. L. 105–34, § 1055(b)(2)(D), redesignated subsecs. (h) and (i) as (g) and (h), respectively, and struck out former…

§ 6621 Determination of rate of interest

• (a)(1) Pub. L. 105–34, § 1604(b)(1), substituted “subsection (c)(3), applied by substituting ‘overpayment’ for…
• (c)(2)(B)(iii) Pub. L. 105–34, § 1463(a), added cl. (iii).

§ 6652 Failure to file certain information returns, registration statements, etc.

• (e) Pub. L. 105–34, § 1602(d)(2)(B), substituted “section 6724(d)(2)(Y)” for “section 6724(d)(2)(X)”.
• (g) Pub. L. 105–34, § 1281(a), inserted at end “No penalty shall be imposed under this subsection on any failure which is…
• (k) Pub. L. 105–34, § 1281(b), inserted at end “No penalty shall be imposed under this subsection on any failure which is…

§ 6654 Failure by individual to pay estimated income tax

• (d)(1)(C)(i) Pub. L. 105–34, § 1091(a), reenacted heading without change and amended text generally. Prior to amendment, text read…
• (e)(1) Pub. L. 105–34, § 1202(a), substituted “$1,000” for “$500”.

§ 6655 Failure by corporation to pay estimated income tax

• (g)(3) Pub. L. 105–34 inserted at end “In the case of a private foundation, subsection (c)(2) shall be applied by substituting…

§ 6662 Imposition of accuracy-related penalty on underpayments

• (d)(2)(B) Pub. L. 105–34, § 1028(c)(1), inserted concluding provisions.
• (d)(2)(C) Pub. L. 105–34, § 1028(c)(2), substituted “a significant purpose” for “the principal purpose” in concluding provisions.

§ 6679 Failure to file returns, etc., with respect to foreign corporations or foreign partnerships

• (a) Pub. L. 105–34 reenacted heading without change and amended text generally. Prior to amendment, text read as follows…

§ 6693 Failure to provide reports on certain tax-favored accounts or annuities; penalties relating to designated nondeductible contributions

• § 6693 Pub. L. 105–34, § 211(e)(2)(C), substituted “certain tax-favored” for “individual retirement” in section catchline.
• (a) Pub. L. 105–34, § 1602(a)(4), inserted concluding provisions.
• (a)(2)(C) Pub. L. 105–34, § 211(e)(2)(B), added subpar. (C).
• (a)(2)(D) Pub. L. 105–34, § 213(c), added subpar. (D).
• (c)(2) Pub. L. 105–34, § 1601(d)(1)(C)(ii), inserted “and issuer” before “penalties” in heading and “or issuer” before “who…

§ 6695 Other assessable penalties with respect to the preparation of tax returns for other persons

• (g) Pub. L. 105–34 added subsec. (g).

§ 6707 Failure to furnish information regarding reportable transactions

• (a)(1) Pub. L. 105–34, § 1028(d)(2), which directed the substitution of “paragraph (2) or (3), as the case may be” for…
• (a)(2) Pub. L. 105–34, § 1028(d)(1), substituted “Except as provided in paragraph (3), the penalty” for “The penalty”.
• (a) Pub. L. 105–34, § 1028(b), added par. (3).

§ 6715 Dyed fuel sold for use or used in taxable use, etc.

• (c)(1) Pub. L. 105–34 inserted “or kerosene” after “diesel fuel”.

§ 6724 Waiver; definitions and special rules

• (d)(1)(A)(ix) Pub. L. 105–34, § 1213(b), as amended by Pub. L. 105–206, § 6012(b)(5), added cl. (ix).
• (d)(1)(B)(x) (d)(1)(B)(xi) (d)(1)(B)(xii) (d)(1)(B)(xiii) (d)(1)(B)(xiv) (d)(1)(B)(xv) (d)(1)(B)(xvi) Pub. L. 105–34, § 201(c)(2)(A), as amended by Pub. L. 105–206, § 6004(a)(3), added cl. (x) and redesignated former cls.…
• (d)(2)(R) (d)(2)(S) (d)(2)(T) (d)(2)(U) (d)(2)(V) (d)(2)(W) (d)(2)(X) (d)(2)(Y) Pub. L. 105–34, § 1602(d)(2)(A), added subpars. (R) to (Y) and struck out former subpars. (R) to (X) which read as…
• (d)(2)(Z) Pub. L. 105–34, § 201(c)(2)(B), added subpar. (Z).
• (e) Pub. L. 105–34, § 1223(b), added subsec. (e).

§ 7232 Failure to register or reregister under section 4101, false representations of registration status, etc.

• § 7232 Pub. L. 105–34, § 1032(e)(12)(B), amended section catchline generally. Prior to amendment, catchline read as follows…
• § 7232 Pub. L. 105–34, § 1032(e)(12)(A), which directed the substitution of “any taxable fuel (as defined in section 4083)”…

§ 7421 Prohibition of suits to restrain assessment or collection

• (a) Pub. L. 105–34, § 1454(b)(2), substituted “7429(b), and 7436” for “and 7429(b)”.
• (a) Pub. L. 105–34, § 1239(e)(3), inserted “6225(b),” after “6213(a),”.
• (a) Pub. L. 105–34, § 1222(b)(1), inserted “6246(b),” after “6213(a),”.

§ 7430 Awarding of costs and certain fees

• (b) Pub. L. 105–34, § 1285(b), added par. (5).
• (c)(4)(D) Pub. L. 105–34, § 1453(a), added subpar. (D).
• (f)(2) Pub. L. 105–34, § 1285(c), substituted “the filing of a petition for review with” for “appeal to” and inserted at end…
• (f)(3) Pub. L. 105–34, § 1285(a), added par. (3).

§ 7431 Civil damages for unauthorized inspection or disclosure of returns and return information

• (g) Pub. L. 105–34, § 1205(c)(2), added subsec. (g) relating to special rule for information obtained under section…

§ 7436 Proceedings for determination of employment status

• Enacted § 7436

§ 7437 Cross references

§ 7453 Rules of practice, procedure, and evidence

• § 7453 Pub. L. 105–34 substituted “section 7436(c) or 7463” for “section 7463”.

§ 7459 Reports and decisions

• (c) Pub. L. 105–34, § 1239(e)(1), which directed the amendment of subsec. (c) by substituting “, 6228(a), or 6234(c)” for…
• (c) Pub. L. 105–34, § 1222(b)(2), substituted “, 6228(a), 6247, or 6252” for “or section 6228(a)”.

§ 7477 Declaratory judgments relating to value of certain gifts

• Enacted § 7477

§ 7479 Declaratory judgments relating to eligibility of estate with respect to installment payments under section 6166

• Enacted § 7479

§ 7481 Date when Tax Court decision becomes final

• (b) Pub. L. 105–34, § 1454(b)(3), substituted “section 7436(c) or 7463” for “section 7463”.
• (c) Pub. L. 105–34, § 1452(a), reenacted heading without change and amended text generally. Prior to amendment, text read…

§ 7482 Courts of review

• (b)(1) Pub. L. 105–34, § 1239(d)(2), substituted “, 6228(a), or 6234(c)” for “or 6228(a)” in concluding provisions.
• (b)(1)(E) Pub. L. 105–34, § 1222(b)(3), substituted “, 6228(a), 6247, or 6252” for “or 6228(a)”.
• (b)(1)(F) Pub. L. 105–34, § 1239(d)(1), added subpar. (F).

§ 7485 Bond to stay assessment and collection

• (b) Pub. L. 105–34, § 1222(b)(4)(B), amended heading generally. Prior to amendment, heading read as follows: “Bond in case…
• (b) Pub. L. 105–34, § 1222(b)(4)(A), substituted “, 6228(a), 6247, or 6252” for “or 6228(a)”.
• (b) Pub. L. 105–34, § 1241(a), inserted “penalties,” after “any interest,” and substituted “aggregate liability of the…

§ 7508A Authority to postpone certain deadlines by reason of Federally declared disaster, significant fire, or terroristic or military actions

• Enacted § 7508A

§ 7518 Tax incentives relating to merchant marine capital construction funds

• (g)(6)(A) Pub. L. 105–34 substituted “20 percent” for “28 percent” in concluding provisions.

§ 7519 Required payments for entities electing not to have required taxable year

• (f)(4)(A) Pub. L. 105–34 inserted at end “No penalty shall be imposed under this subparagraph on any failure which is shown to be…

§ 7701 Definitions

• (a)(4) Pub. L. 105–34, § 1151(a), inserted before period at end “unless, in the case of a partnership, the Secretary provides…
• (a)(30)(E)(ii) Pub. L. 105–34, § 1601(i)(3)(A), substituted “persons” for “fiduciaries”.
• (b)(7)(A) Pub. L. 105–34, § 1174(b)(2), substituted “, (C), or (D)” for “or (C)”.
• (b)(7)(D) Pub. L. 105–34, § 1174(b)(1), added subpar. (D).

§ 7702B Treatment of qualified long-term care insurance

• (c)(2)(B) Pub. L. 105–34, § 1602(b), inserted “described in subparagraph (A)(i)” after “chronically ill individual” in concluding…
• (g)(4)(B)(ii) (g)(4)(B)(iii)(IV) Pub. L. 105–34, § 1602(e), substituted “appropriate State regulatory agency” for “Secretary”.

§ 7704 Certain publicly traded partnerships treated as corporations

• (g) Pub. L. 105–34 added subsec. (g).

§ 7872 Treatment of loans with below-market interest rates

• (f)(11)(A) Pub. L. 105–34 substituted “section 121” for “section 1034”.

§ 9502 Airport and Airway Trust Fund

• (b)(1) Pub. L. 105–34, § 1031(d)(1)(C), inserted concluding provisions.
• (b)(1)(C) Pub. L. 105–34, § 1031(d)(1)(A), struck out “(to the extent that the rate of the tax on such gasoline exceeds 4.3 cents…
• (b)(1)(D) Pub. L. 105–34, § 1031(d)(1)(B), struck out “to the extent attributable to the Airport and Airway Trust Fund financing…
• (d)(5) (d)(6) Pub. L. 105–34, § 1604(g)(5), redesignated par. (5), relating to transfers on account of certain airports, as (6).
• (f) Pub. L. 105–34, § 1031(d)(2), struck out heading and text of subsec. (f). Text read as follows: “For purposes of this…

§ 9503 Highway Trust Fund

• (b)(1)(E) Pub. L. 105–34, § 1032(e)(13), substituted “, diesel fuel, and kerosene” for “and diesel fuel”.
• (b)(4) Pub. L. 105–34, § 901(a), amended heading and text of par. (4) generally. Prior to amendment, text read as follows…
• (b)(5)(B) Pub. L. 105–34, § 1032(e)(14), substituted “, diesel fuel, or kerosene” for “or diesel fuel”.
• (c)(2) Pub. L. 105–34, § 901(d)(2), in concluding provisions, substituted “by taking into account only the portion of the…
• (c)(2) Pub. L. 105–34, § 1601(f)(2), struck out “(or with respect to qualified diesel-powered highway vehicles purchased…
• (c)(4) Pub. L. 105–34, § 901(d)(3), substituted “deposited into the Highway Trust Fund” for “attributable to the Highway Trust…
• (c)(5)(B) (c) Pub. L. 105–34, § 901(d)(3), substituted “deposited into the Highway Trust Fund” for “attributable to the Highway Trust…
• (c) Pub. L. 105–34, § 901(c), added par. (7).
• (e)(2) Pub. L. 105–34, § 901(b), substituted “2.85 cents” for “2 cents”.
• (e)(5)(A) Pub. L. 105–34, § 1601(f)(2)(B), struck out “; except that any such transfers to the extent attributable to section…
• (f) Pub. L. 105–34, § 901(d)(1), struck out heading and text of subsec. (f) which consisted of pars. (1) to (4) relating to…

§ 9508 Leaking Underground Storage Tank Trust Fund

• (b)(2) Pub. L. 105–34 substituted “, diesel fuel, and kerosene” for “and diesel fuel”.

§ 9801 Increased portability through limitation on preexisting condition exclusions

• (c)(1) Pub. L. 105–34 substituted “section 9832(c)” for “section 9805(c)” in concluding provisions.

§ 9802 Prohibiting discrimination against individual participants and beneficiaries based on health status

• (c) Pub. L. 105–34 added subsec. (c).

§ 9811 Standards relating to benefits for mothers and newborns

• Enacted § 9811

§ 9812 Parity in mental health and substance use disorder benefits

• Enacted § 9812

§ 9831 General exceptions

• § 9831 Pub. L. 105–34 renumbered section 9804 of this title as this section and substituted reference to section 9832 of this…

§ 9832 Definitions

• § 9832 Pub. L. 105–34 renumbered section 9805 of this title as this section.

§ 9833 Regulations

• § 9833 Pub. L. 105–34 renumbered section 9806 of this title as this section.