# Pub. L. 86-69: changes to the Internal Revenue Code

1959-06-25, 73 Stat. 139. Source: <https://www.govinfo.gov/link/plaw/86/public/69>.

## Legislative history

- Bill: [H.R. 4245](https://www.congress.gov/bill/86th-congress/house-bill/4245)

## § 381: Carryovers in certain corporate acquisitions

- § 381(c)(22): Pub. L. 86–69, § 3(c)(1), added par. (22).
- § 381: Pub. L. 86–69, § 3(c)(2), added subsec. (d).

## § 841: Credit for foreign taxes

- § 841: Pub. L. 86–69 struck out reference to section 811 of this title in first sentence, and substituted “section 802, the life insurance company taxable income (as defined in section 802(b)), and” for “section 802 or 811, the net investment income (as defined in section 803(c))” in par. (1).

## § 842: Foreign companies carrying on insurance business

- § 842: Pub. L. 86–69 struck out reference to section 811.

## § 891: Doubling of rates of tax on citizens and corporations of certain foreign countries

- § 891: Pub. L. 86–69 struck out reference to section 811.

## § 1016: Adjustments to basis

- § 1016(a)(3)(C): Pub. L. 86–69, § 3(d)(1), added subpar. (C).
- § 1016(a)(17): Pub. L. 86–69, § 3(d)(2), added par. (17).

## § 1504: Definitions

- § 1504(b)(2): Pub. L. 86–69 struck out reference to section 811.

## § 4371: Imposition of tax

- § 4371(2): Pub. L. 86–69 substituted “section 819” for “section 816”.

## § 6501: Limitations on assessment and collection

- § 6501(c)(6): Pub. L. 86–69 added par. (6).