# Pub. L. 94-455: changes to the Internal Revenue Code 1976-10-04, 90 Stat. 1764. Source: . ## Legislative history - Bill: [H.R. 10612](https://www.congress.gov/bill/94th-congress/house-bill/10612) - Bluebook: [JCT general explanation (1976)](https://www.govinfo.gov/app/details/CPRT-94JPRT79667O) ## § 2: Definitions and special rules - § 2(b)(3)(B)(ii): Pub. L. 94–455, § 1901(b)(9), redesignated cl. (iii) as (ii) and struck out former cl. (ii) which provided that an individual who was a dependent solely by reason of par. (10) of section 152(a) would not be considered as a head of a household. - § 2(c): Pub. L. 94–455, § 1901(a)(1), substituted “shall be treated as not married at the close of the taxable year” for “shall not be considered as married”. ## § 3: Tax tables for individuals - § 3: Pub. L. 94–455 designated existing provisions as subsec. (a), substituted provision relating to taxable income for such year does not exceed $20,000 for provision relating to adjusted gross income for such year is less than $15,000 and who has elected for such year to pay the tax imposed by this section, struck out “or his delegate” after “Secretary”, “beginning after Dec. 31, 1969” after “each taxable year”, struck out provision requiring computation of taxable income by using standard deduction, and added subsec. (b). ## § 5: Cross references relating to tax on individuals - § 5(b): Pub. L. 94–455 redesignated pars. (2), (3), and (4), as (1), (2), (3), respectively, and struck out former par. (1) which referred to section 632 for limitation on tax attributable to sales of oil or gas properties and par. (5) which referred to section 1347 for limitation on tax attributable to claims against the U.S. involving acquisition of property. ## § 11: Tax imposed - § 11(a): Pub. L. 94–455 reenacted subsec. (a) without change. - § 11(b): Pub. L. 94–455, among other changes, substituted “December 31, 1977, 22 percent” for “December 31, 1976, 22 percent” and “after December 31, 1974 and before January 1, 1978” for “after December 31, 1974 and before January 1, 1977” and struck out provisions relating to the six-month application of the general rule. - § 11(c): Pub. L. 94–455 struck out provisions relating to the special rule for 1976 for calendar year taxpayers. - § 11(d): Pub. L. 94–455, among other changes, substituted provisions relating to surtax exemption of $25,000 for a taxable year ending Dec. 31, 1977, or $50,000 for a taxable year ending after Dec. 31, 1974, and before Jan. 1, 1978, for provisions relating to surtax exemption of $50,000 for any taxable year and struck out provisions relating to six-month application of the general rule. ## § 15: Effect of changes - § 15(f): Pub. L. 94–455 substituted “in the surtax exemption and any change under section 11(d) in the surtax exemption” for “and the change made by section 3(c) of the Revenue Adjustment Act of 1975 in section 11(d) (relating to corporate surtax exemption)”. ## § 21: Expenses for household and dependent care services necessary for gainful employment - Enacted 26 U.S.C. § 21. ## § 22: Credit for the elderly and the permanently and totally disabled - § 22: Pub. L. 94–455, § 503(a), among other changes, substituted “Credits for the elderly” for “Retirement income” in section catchline and in text substituted provisions permitting taxpayers who have all types of income to be eligible for the tax credit for provisions permitting taxpayers who have only retirement income to be eligible for the tax credit, eliminated provisions requiring taxpayers to earn $600 for the previous ten years for tax credit eligibility and provisions relating variations in treatment of married couples, and inserted provisions broadening coverage of the tax credit relief to low and middle income taxpayers. - § 22: Pub. L. 94–455, § 1901(c)(1), purported to amend subsec. (f) of this section by striking out “a Territory”. The amendment could not be executed in view of the prior general amendment of this section by section 503(a) of Pub. L. 94–455. Section 1901(c)(1) was repealed by section 703(j)(11) of Pub. L. 95–600. ## § 27: Taxes of foreign countries and possessions of the United States - § 27: Pub. L. 94–455 designated existing provisions as subsec. (a) and added subsec. (b). ## § 31: Tax withheld on wages - § 31(b)(1): Pub. L. 94–455 struck out “or his delegate” after “The Secretary” and “(or his delegate)” after “taxpayer or the Secretary”. ## § 32: Earned income - § 32(a): Pub. L. 94–455, § 401(c)(1)(B), substituted “is allowed” for “shall be allowed” and struck out provisions relating to the application of the six-month rule. - § 32(b): Pub. L. 94–455, § 401(c)(1)(B), struck out provisions relating to the application of the six-month rule. - § 32(c)(1)(A): Pub. L. 94–455, § 401(c)(2), among other changes, substituted “section 44A(f)(1)” for “section 214(b)(3)” and “if such child meets the requirements of section 151(e)(1)(B)” for “with respect to whom he is entitled to claim a deduction under section 151(e)(1)(B)” and inserted reference to a child of that individual who is disabled (within the meaning of section 72(m)(7)) and with respect to whom that individual is entitled to claim a deduction under section 151. ## § 34: Certain uses of gasoline and special fuels - § 34(a)(1): Pub. L. 94–455, § 1906(b)(8), substituted “6420(g)” for “6420(h)”. - § 34(a)(3): Pub. L. 94–455, § 1906(b)(9), substituted “6424(f)” for “6424(g)”. - § 34(b): Pub. L. 94–455, § 1901(a)(3), redesignated subsec. (c) as (b) and substituted “section 6421(i), 6424(f), or 6427(f), is payable” for “section 6421(i), 6424(g) or 6427(f) is payable”. Former subsec. (b), relating to determination of taxpayers first taxable year with respect to tax credit for certain uses of gasoline and lubricating oil, was struck out. - § 34: Pub. L. 94–455, § 1901(a)(3), redesignated subsec. (c) as (b). ## § 46: Amount of credit - § 46: Pub. L. 94–455, § 802(a)(2), added par. (1) and struck out former par. (1) which related to the percentage of allowable credit under section 38. - § 46: Pub. L. 94–455, § 802(a)(2), added par. (2). Former par. (2) redesignated (3). - § 46: Pub. L. 94–455, § 802(a)(1), redesignated former par. (2) as (3). Former par. (3) redesignated (4). - § 46: Pub. L. 94–455, §§ 503(b)(4), 802(a)(1), (b)(1), 1901(a)(4)(A), (b)(1)(C), as amended by Pub. L. 95–600, § 703(j)(9), redesignated former par. (3) as (4), and in par. (4) as so redesignated, redesignated former subpar. (C) as (B) and substituted in provisions preceding subpar. (A) “paragraph (3)” for “paragraph (2)”, in subpar. (B) as so redesignated “credit for the elderly” for “retirement income”, and in provisions following subpar. (B) “section 408(f)” for “section 408(e)”. Former par. (4) redesignated (5). - § 46: Pub. L. 94–455, § 802(a)(1), (b)(1), redesignated former par. (4) as (5) and substituted “paragraph (3)” for “paragraph (2)”. Former par. (5) redesignated (6). - § 46: Pub. L. 94–455, §§ 802(a)(1), (b)(1), 1906(b)(13)(A), redesignated former par. (5) as (6) and substituted “paragraph (3)” for “paragraph (2)” and struck out “or his delegate” after “Secretary”. Former par. (6) redesignated (7). - § 46: Pub. L. 94–455, § 802(a)(1), (b)(1), redesignated former par. (6) as (7) and substituted “paragraph (3)” for “paragraph (2)”. - § 46: Pub. L. 94–455, § 1701(b), added par. (8). - § 46: Pub. L. 94–455, § 1703, added par. (9). - § 46: Pub. L. 94–455, § 802(b)(2), among other changes, inserted requirement that tax credits carried over are applied first to the tax liability for that year, after which tax credits earned currently are then applied. - § 46: Pub. L. 94–455, § 802(b)(3), substituted “subsection (a)(2)(C)” for “subsection (a)(1)(C)”. - § 46: Pub. L. 94–455, § 1901(a)(4)(B), substituted “47 U.S.C. 222(a)(5)” for “47 U.S.C., sec. 222(a)(5)”. - § 46: Pub. L. 94–455, § 2112(a)(2), added par. (5). - § 46: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 46: Pub. L. 94–455, § 802(b)(4), substituted “subsection (a)(3)” for “subsection (a)(2)”. - § 46: Pub. L. 94–455, § 1607(b)(1)(B), substituted in subpar. (B) “857(b)(2)(B)” for “857(b)(2)(C)” and inserted in provisions following subpar. (C) reference to determine without regard to any deduction for capital gains dividends (as defined in section 857(b)(3)(C)) and by excluding any net capital gain. - § 46: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 46: Pub. L. 94–455, § 803(b)(1)(A), (B), substituted “paragraphs (1), (2), and (9)” for “paragraphs (1) and (2)” and “paragraph (1), (2), or (9)” for “paragraph (1) or (2)” wherever appearing. - § 46: Pub. L. 94–455, § 803(b)(1)(C), substituted “paragraph (2) or the election described in paragraph (9),” for “paragraph (2),”. - § 46: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 46: Pub. L. 94–455, §§ 802(b)(5), 1906(b)(13)(A), inserted reference to the Tax Reform Act of 1976 and struck out “or his delegate” after “Secretary”. - § 46: Pub. L. 94–455, § 803(a), added par. (9). - § 46: Pub. L. 94–455, § 805(a), added subsec. (g). ## § 47: Rehabilitation credit - § 47(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out in introductory provision and in par. (3)(C) “or his delegate” after “Secretary”. - § 47(a): Pub. L. 94–455, § 804(b), added par. (7). ## § 48: Energy credit - § 48(a)(2)(B): Pub. L. 94–455, § 1901(a)(5)(A), substituted “(43 U.S.C. 1331))” for “; 43 U.S.C., sec. 1331)”. - § 48(a)(2)(B): Pub. L. 94–455, § 1051(h)(1), substituted “(other than a corporation which has an election in effect under section 936 or which is entitled to the benefits of section 934(b))” for “(other than a corporation entitled to the benefits of section 931 or 934(b))”. - § 48(a)(2)(B): Pub. L. 94–455, § 1901(a)(5)(B), substituted “47 U.S.C. 702” for “47 U.S.C., sec. 702”. - § 48(a)(8): Pub. L. 94–455, §§ 1901(b)(11)(A), 2112(a)(1), struck out “169,” after “section 167(k),”, “187,” before “or 188 applies”, and provisions relating to the limitation of the applicability of this paragraph on property to which section 169 applies. - § 48(c)(2)(A), § 48(d)(1), § 48(d)(2)(A): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 48: Pub. L. 94–455, § 802(b)(6), substituted “section 46(a)(3)” for “section 46(a)(2)”. - § 48: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 48: Pub. L. 94–455, § 804(a), added subsec. (k) and redesignated former subsec. (k) as subsec. (l). ## § 62: Adjusted gross income defined - § 62: Pub. L. 94–455, § 1501(b)(1), inserted reference to the deduction allowed by section 220 (relating to retirement savings for certain married individuals). - § 62: Pub. L. 94–455, § 1901(a)(8), (9), redesignated par. (11) relating to penalties forfeited because of premature withdrawal of funds from time savings accounts or deposits, as par. (12), and substituted “trade or business, to the extent” for “trade or business to the extent”. - § 62: Pub. L. 94–455, § 502(a), added par. (13). ## § 64: Ordinary income defined - Enacted 26 U.S.C. § 64. ## § 65: Ordinary loss defined - Enacted 26 U.S.C. § 65. ## § 72: Annuities; certain proceeds of endowment and life insurance contracts - § 72(c)(2), § 72(c)(3)(A): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 72(d)(1): Pub. L. 94–455, § 1901(a)(12), struck out in subpar. (B) “(whether or not before January 1, 1954)” after “beginning on the date”, and in provisions following subpar. (B) struck out “(under this paragraph and prior income tax laws)” after “until there has been so excluded”. - § 72(f): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 72(i): Pub. L. 94–455, § 1951(b)(1)(A), struck out subsec. (i) which related to joint annuities where first annuitant died in 1951, 1952, or 1953. - § 72(m)(2), § 72(m)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 72(m)(4): Pub. L. 94–455, § 1901(a)(13), substituted “an individual retirement account” for “an individual retirement amount”. - § 72(m)(5)(A), § 72(m)(7): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 77: Commodity credit loans - § 77(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 78: Gross up for deemed paid foreign tax credit - § 78: Pub. L. 94–455 substituted “section 902(a)” for “section 902(a)(1)” and “section 960(a)(1)” for “section 960(a)(1)(C)”. ## § 79: Group-term life insurance purchased for employees - § 79(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 80: Restoration of value of certain securities - § 80(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 80(c)(1): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. ## § 83: Property transferred in connection with performance of services - § 83(b)(2): Pub. L. 94–455, § 1901(a)(15), struck out “(or, if later, 30 days after the date of the enactment of the Tax Reform Act of 1969)” after “after the date of such transfer”, and § 1906(b)(13)(A), “or his delegate” after “Secretary” wherever appearing. - § 83(d)(1), § 83(d)(2)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 101: Certain death benefits - § 101(d)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 101(f): Pub. L. 94–455, § 1901(a)(16), struck out subsec. (f) relating to effective date of section. ## § 103: Interest on State and local bonds - § 103(a): Pub. L. 94–455, §§ 1901(a)(17)(A), 2105(a), added par. (2) relating to qualified scholarship funding bonds. Former pars. (2) and (3), relating to obligations of the United States and to the obligations of corporations organized under an Act of Congress, were struck out. - § 103(b): Pub. L. 94–455, § 1901(a)(17)(B), (C), redesignated subsec. (c) as (b) and in par. (1) of subsec. (b) as so redesignated substituted “subsection (a)(1) or (2)” for “subsection (a)(1)”. Former subsec. (b), which created an exception to the rule that gross income did not include interest on obligations of the United States, by providing that the exception did not apply to obligations of the United States (with specified exceptions) unless under the authorizing Acts such interest is wholly exempt from the taxes imposed by this subtitle, was struck out. - § 103(c): Pub. L. 94–455, §§ 1901(a)(17)(B), (D), (b)(8)(B), 1906(b)(13)(A), 2105(c), redesignated subsec. (d) as (c) and, in subsec. (c) as so redesignated, substituted “(a)(1) or (4)” for “(a)(1)” in par. (1) and “(a)(1) or (2) or (4)” for “(a)(1)” in par. (2)(A), substituted “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution (within the meaning of section 151(e)(4))” in par. (3)(A), added par. (5), redesignated former par. (5) as (6), and in par. (6) as so redesignated substituted “Secretary” for “Secretary or his delegate”. Former subsec. (c) redesignated (b). - § 103: Pub. L. 94–455, § 1901(a)(17)(B), redesignated subsec. (e) as (d). Former subsec. (d) redesignated (c). - § 103: Pub. L. 94–455, §§ 1901(a)(17)(B), (E), 2105(b), 2137(d), added subsec. (e) relating to qualified scholarship funding bonds, redesignated former subsec. (f) relating to cross references as a second subsec. (e), reduced the number of cross references in subsec. (e) as so redesignated from twenty-three (which made reference to various obligations of the United States and of corporations organized under Acts of Congress) to three, relating, respectively, to Puerto Rican bonds, Virgin Islands insular and municipal bonds, and certain obligations issued under title I of the Housing Act of 1949, and inserted a fourth cross reference, designated as par. (24) relating to the treatment of exempt-interest dividends. Former subsec. (e) redesignated (d). - § 103: Pub. L. 94–455, § 1901(a)(17)(B), redesignated subsec. (f), relating to cross references, as (e). ## § 104: Compensation for injuries or sickness - § 104(a)(4): Pub. L. 94–455, § 1901(a)(18)(A), struck out “; 60 Stat. 1021” after “(22 U.S.C. 1081”. - § 104(a)(5): Pub. L. 94–455, § 505(e)(1), added par. (5). - § 104(b), § 104(c): Pub. L. 94–455, § 505(b), added subsec. (b), redesignated former subsec. (b) as (c) and, as so redesignated, § 1901(a)(18)(B), substituted “1403 of title 10, United States Code (relating to career compensation laws)” for “402(h) of the Career Compensation Act of 1949 (37 U.S.C. 272(h))”. ## § 105: Amounts received under accident and health plans - § 105(d): Pub. L. 94–455, § 505(a), substituted provisions relating to an exclusion of up to $5,200 a year for taxpayers retiring on disability prior to age 65; dollar-for-dollar phase out of exclusion for adjusted annual gross income (including disability income) in excess of $15,000; requirement that married couple must file joint return; defined “permanent and total disability” and “joint return”; and inserted special rule for coordination with section 72 of this title for provisions relating to wage continuation plans. - § 105(e)(2): Pub. L. 94–455, § 1901(c)(2), struck out “a territory” after “of a State”. ## § 108: Income from discharge of indebtedness - § 108: Pub. L. 94–455, § 1951(b)(2)(A), struck out “(a) Special rule of exclusion.—” after “Income from discharge of indebtedness” and struck out subsec. (b) which related to discharge, cancellation, or modification of indebtedness of certain railroad corporations. - § 108: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 111: Recovery of tax benefit items - § 111(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 115: Income of States, municipalities, etc. - § 115: Pub. L. 94–455 struck out “(a) General rule” before “Gross income does not include”, struck out subsecs. (b) and (c) which related to contracts concerning public utilities made before Sept. 8, 1916, and contracts concerning bridge acquisition made before May 29, 1928, respectively, and in par. (1) of former subsec. (a), struck out “or territory” after “accruing to a State”. ## § 117: Qualified scholarships - § 117(a), § 117(b)(1), § 117(b)(2): Pub. L. 94–455, § 1901(b)(8)(A), substituted “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution (as defined in section 151(e)(4))” after “scholarship at an”. - § 117(b)(2)(A): Pub. L. 94–455, § 1901(c)(3), struck out “a territory” after “or a State”. - § 117(b)(2)(B): Pub. L. 94–455, § 1901(b)(8)(A), substituted “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution (as defined in section 151(e)(4))” after “degree at an”. ## § 118: Contributions to the capital of a corporation - § 118(b), § 118(c): Pub. L. 94–455, § 2120(a), added subsec. (b) and redesignated former subsec. (b) as (c). ## § 121: Exclusion of gain from sale of principal residence - § 121(b)(1): Pub. L. 94–455, § 1404(a), substituted “$35,000” for “$20,000” in three places. - § 121(c), § 121(d)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 140: Cross references to other Acts - § 140(a): Pub. L. 94–455, § 1901(a)(21), struck out pars. (4), (5), (6), (9), (10), (11), (12), (13), and (17) relating to: benefits under World War Adjustment Compensation Act; benefits under World War Veteran’s Act 1924; dividends and interest derived from certain preferred stock by Reconstruction Finance Corporation; income derived from Ogdensburg bridge; income derived from Owensburg bridge and ferries; income from Saint Clair River bridge and ferries; leave compensation payments under section 6 of Armed Forces Leave Act of 1946; mustering-out payments under Mustering-Out Payment Act of 1944; and gain derived from sale or other disposition of Treasury Bills issued after June 17, 1930, under the Second Liberty Bond Act, respectively, renumbered pars. (7), (8), (14), (15), (16), and (18) as pars. (5), (6), (7), (8), (9), and (4), respectively, struck out references to Statutes at Large, and updated cross references to the United States Code. - § 140(b): Pub. L. 94–455, § 1901(a)(21), struck out “58 Stat. 689;” after “Health Service Act”. ## § 151: Allowance of deductions for personal exemptions - § 151(e): Pub. L. 94–455 struck out “and educational institution” after “Student” in heading, substituted in subpars. (A) and (B) “organization described in section 170(b)(1)(A)(ii)” for “institution”, and struck out provisions following subpar. (B) defining educational institution. ## § 152: Dependent defined - § 152(a): Pub. L. 94–455, § 1901(b)(7)(B), substituted “section 143” for “section 153”. - § 152(a): Pub. L. 94–455, § 1901(a)(24)(A), struck out par. (10) relating to descendents of a taxpayer, who were members of taxpayer’s household, before receiving institutional care. - § 152(b)(3): Pub. L. 94–455, § 1901(a)(24)(B), among other changes struck out “of the Canal Zone, or of the Republic of Panama” after “country contiguous to the United States,” and provisions relating to children born or adopted in Philippines. - § 152(c)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 152(d): Pub. L. 94–455, § 1901(b)(8)(A), substituted “organization described in section 170(b)(1)(A)(ii)” for “institution (as defined in section 151(e)(4))”. - § 152(e)(2)(B): Pub. L. 94–455, § 2139(a), substituted “each” for “all”. - § 152(e)(3), § 152(e)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 153: Cross references - § 153: Pub. L. 94–455, § 1901(b)(7)(C), added par. (5). ## § 162: Trade or business expenses - § 162(a): Pub. L. 94–455, § 1901(c)(4), struck out reference to Territory in provisions following par. (3). - § 162(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out in pars. (1) and (2) “or his delegate” after “Secretary”. ## § 163: Interest - § 163(b)(1): Pub. L. 94–455, § 1901(b)(8)(C), substituted “organization described in section 170(b)(1)(A)(ii) and which is provided for a student of such organization” for “institution (as defined in section 151(e)(4)) and which is provided for a student of such institution”. - § 163(d)(1): Pub. L. 94–455, § 209(a)(1), among other changes, substituted in subpar. (A) “$10,000” for “$25,000” and “$5,000” for “$12,500”, struck out subpar. (C) relating to the excess of net long-term capital gain over short-term capital loss and subpar. (D) relating to the excess of investment interest over amounts in subpar. (A), and in provisions following lettered paragraphs substituted “$10,000” for “$25,000” and struck out provisions relating to the determination of the amount referred to in subpar. (C). - § 163(d)(2): Pub. L. 94–455, § 209(a)(1), among other changes, struck out provisions relating to the limitation on the amount of interest allowable by this par. and to reduction of disallowed investment interest for capital gain deduction purposes. - § 163(d)(3)(A): Pub. L. 94–455, § 209(a)(2), inserted provision relating to determination of the amount of net investment income where taxpayer has investment interest for taxable year to which this subsection applies. - § 163(d)(3)(B): Pub. L. 94–455, §§ 205(c)(3), 1901(b)(3)(K), substituted “1250, and 1254” for “and 1250”, and “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. Section 205(c)(3) of Pub. L. 94–455, which directed the amendment of subsec. (d)(3)(A)(iii), was executed by amending subsec. (d)(3)(B)(iii) to reflect the probable intent of Congress. - § 163(d)(3): Pub. L. 94–455, § 209(a)(3), substituted “limitation in paragraph (1)” for “limitations in paragraphs (1) and (2)(A)”. - § 163(d)(4)(B), § 163(d)(4)(C): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 163(d)(5): Pub. L. 94–455, § 209(a)(4), (5), redesignated par. (6) as (5) and inserted provision relating to the application of this paragraph after Dec. 31, 1975, on an allocation basis rather than a specific item basis. Former par. (5), relating to capital gains treatment of investment interest, was struck out. - § 163(d)(5): Pub. L. 94–455, § 1901(b)(3)(K), directed the amendment of par. (5) by substituting “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”, such par. (5) having been struck out by Pub. L. 94–455, § 209(a)(4). - § 163(d): Pub. L. 94–455, §§ 209(a)(4), 1906(b)(13)(A), redesignated par. (7) as (6) and struck out in provision following subpar. (B) “or his delegate” after “Secretary”. Former par. (6) redesignated (5). - § 163(d): Pub. L. 94–455, § 209(a)(6), added par. (7). Former par. (7) redesignated (6). ## § 164: Taxes - § 164(d)(2): Pub. L. 94–455, § 1901(a)(25), redesignated subpar. (D) as (B), and struck out subpar. (B) which related to the taxable years that subsec. (d)(1) applied and subpar. (C) which related to the limitations on subsec. (d)(1) where real property tax was allowable as a deduction under the Internal Revenue Code of 1939. - § 164(f), § 164(g): Pub. L. 94–455, § 1951(b)(3)(A), redesignated subsec. (g) as (f). Former subsec. (f), which related to payments for municipal services in atomic energy communities, was struck out. ## § 165: Losses - § 165(i), § 165(j): Pub. L. 94–455 redesignated subsec. (j) as subsec. (i). Former subsec. (i), which related to property confiscated by Cuba, was struck out. ## § 166: Bad debts - § 166(a)(2), § 166(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 166(d)(1)(B): Pub. L. 94–455, § 1401(b)(1)(A), (2), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977, and “9 months” would be changed to “1 year” for taxable years beginning after Dec. 31, 1977. - § 166(f): Pub. L. 94–455, §§ 605(a), 1906(b)(13)(A), redesignated subsec. (g) as (f) and struck out “or his delegate” after “Secretary” in pars. (1), (3) and (4)(D). Former subsec. (f), which related to treatment of payments made by guarantors of certain noncorporate obligations, was struck out. - § 166: Pub. L. 94–455, § 605(a), redesignated subsecs. (g) and (h) as (f) and (g), respectively. ## § 167: Depreciation - § 167(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 167(d): Pub. L. 94–455, §§ 1901(a)(27)(A), 1906(b)(13)(A), substituted “after August 16, 1954” for “after the date of enactment of this title” and struck out “or his delegate” after “Secretary” in first sentence before “shall be binding”. - § 167(e): Pub. L. 94–455, §§ 202(c)(3), 1906(b)(13)(A), substituted in par. (3) “beginning after December 31, 1975” for “beginning after July 24, 1969” and in pars. (1) to (3) struck out “or his delegate” after “Secretary”. - § 167(f)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 167(f)(2): Pub. L. 94–455, § 1901(a)(27)(B), substituted “October 16, 1962” for “the date of enactment of the Revenue Act of 1962”. - § 167(i): Pub. L. 94–455, § 1906(b)(13)(A), struck out in pars. (1) and (2) “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, § 1906(b)(13)(A), struck out in pars. (1), (4)(B), (5)(C), and (6)(A) “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, §§ 203(a)(1), 1906(b)(13)(A), substituted reference to January 1, 1978 for reference to January 1, 1976 and struck out “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, § 203(a)(2), substituted “$20,000” for “$15,000”. - § 167: Pub. L. 94–455, §§ 203(a)(3), 1906(b)(13)(A), substituted “the Leased Housing Program under section 8 of the United States Housing Act of 1937” for “the policies of the Housing and Urban Development Act of 1968” and struck out “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, § 203(a)(4), added subpar. (D). - § 167: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, §§ 1901(a)(27)(C), 1906(b)(13)(A), substituted “before June 29, 1970,” for “within 180 days after the date of the enactment of this subparagraph” and struck out “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, § 1906(b)(13)(A), struck out in pars. (1) and (3) “or his delegate” after “Secretary”. - § 167: Pub. L. 94–455, § 2124(c)(1), added subsec. (n). Former subsec. (n) redesignated (p). - § 167: Pub. L. 94–455, § 2124(d)(1), added subsec. (o). - § 167: Pub. L. 94–455, § 2124(c)(1), redesignated former subsec. (n) as (p). ## § 169: Amortization of pollution control facilities - § 169(b), § 169(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 169(d)(1): Pub. L. 94–455, §§ 1906(b)(13)(A), 2112(b), substituted in provisions preceding subpar. (A) “January 1, 1976,” for “January 1, 1969,” and “storing, or preventing the creation or emission of” for “or storing”, struck out in subpar. (B) “or his delegate” after “Secretary”, and added subpar. (C). - § 169(d)(4): Pub. L. 94–455, § 2112(c), among other changes, struck out provisions relating to treatment facilities placed in service by taxpayer before Jan. 1, 1976, and inserted provisions that in case of treatment facilities used in connection with any plan or other property not in operation before Jan. 1, 1969, Dec. 31, 1975, shall be substituted for Dec. 31, 1968, as the cut-off date for taking into account that portion of the basis which is attributable to construction, reconstruction, or erection. ## § 170: Charitable, etc., contributions and gifts - § 170(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 170(b)(1)(A)(vii): Pub. L. 94–455, § 1901(a)(28)(A)(iii), substituted “subparagraph (D)” for “subparagraph (E)” after “described in”. - § 170(b)(1)(B)(ii): Pub. L. 94–455, § 1901(a)(28)(A)(iv), substituted “subparagraph (C)” for “subparagraph (D)” after “without regard to”. - § 170(b)(1)(C): Pub. L. 94–455, § 1901(a)(28)(A)(ii), struck out subpar. (C) which related to unlimited deductions for certain individuals, redesignated subpar. (D) as (C) and, as so redesignated, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in cl. (iii). - § 170(b)(1)(D), § 170(b)(1)(E), § 170(b)(1)(F): Pub. L. 94–455, § 1901(a)(28)(A)(ii), redesignated subpars. (D) to (F) as (C) to (E), respectively. - § 170(c): Pub. L. 94–455, § 1901(a)(28)(A)(v), substituted “subsection (g)” for “subsection (h)” after “amount treated under”. - § 170(c)(2)(B): Pub. L. 94–455, § 1313(b)(1), inserted “or to foster national or international amateur sports competition (but only if no part of its activities involves the provision of athletic facilities or equipment)” after “or educational purposes”. - § 170(d)(1)(A): Pub. L. 94–455, § 1901(a)(28)(B), struck out “(30 percent in the case of a contribution year beginning before January 1, 1970)” after “exceeds 50 percent”. - § 170(e)(1): Pub. L. 94–455, § 205(c)(1)(A), substituted “1252(a), or 1254(a)” for “or 1252(a)” after “1251(c)”. - § 170(e)(1)(B)(ii): Pub. L. 94–455, § 1901(a)(28)(A)(vi), substituted “subsection (b)(1)(D)” for “subsection (b)(1)(E)” after “foundation described in”. - § 170(e)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 170(e)(3): Pub. L. 94–455, § 2135(a), added par. (3). - § 170(f)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 170(f)(3): Pub. L. 94–455, § 2124(e)(1), added subpars. (B)(iii), (iv), and (C). - § 170(f)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 170(f)(6): Pub. L. 94–455, §§ 1307(c), 1901(a)(28)(A)(i), added par. (6). Former par. (6), which related to the partial reduction of unlimited deduction and definitions for transitional income and deduction percentages, was struck out. Section 1901(a)(28)(A)(i) of Pub. L. 94–455 struck out par. (6) a second time. - § 170(g): Pub. L. 94–455, § 1901(a)(28)(A)(i), struck out subsec. (g) which related to application of unlimited charitable contribution deductions allowed for taxable years beginning before January 1, 1975, and redesignated subsecs. (h), (i), and (j) as (g), (h), and (i), respectively. Section 1901(a)(28)(A)(i) also struck out former subsec. (f)(6) but this direction was not executed as such former subsec. (f)(6) had previously been stricken by section 1307(c) of Pub. L. 94–455. - § 170(g)(1)(B): Pub. L. 94–455, § 1901(b)(8)(A), substituted “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution (as defined in section 151(e)(4)” after “grade at an”. - § 170(h): Pub. L. 94–455, § 1901(a)(28)(A)(i), (C), redesignated subsec. (i) as (h), and struck out “64 Stat. 996” after “Act of 1950”. Former subsec. (h) redesignated (g). - § 170(i): Pub. L. 94–455, § 1901(a)(28)(A)(i), (D), redesignated subsec. (j) as (i) and substituted “6973 of title 10, United States Code” for “3 of the Act of March 31, 1944 (58 Stat. 135; 34 U.S.C. 1115b)” after “see section” in par. (5); struck out par. (6) relating to gifts to library of Post Office Department; struck out “60 Stat. 924” after “1946” in par. (7); substituted “as amended by the Act of July 9, 1952 (3 U.S.C. 725s–4)” for “(66 Stat. 73, as amended by Act of July 9, 1952, 66 Stat. 479, 31 U.S.C. 725s–4)” after “May 15, 1952” in par. (8); and redesignated pars. (7) and (8) as pars. (6) and (7), respectively. Former subsec. (i) redesignated (h). - § 170(j): Pub. L. 94–455, § 1901(a)(28)(A)(i), redesignated subsec. (j) as (i). ## § 171: Amortizable bond premium - § 171(a)(1): Pub. L. 94–455, § 1901(b)(1)(E)(i), substituted “Taxable bonds” for “Interest wholly or partially taxable” after “(1)”. - § 171(a)(2): Pub. L. 94–455, § 1901(b)(1)(E)(ii), substituted “Tax-exempt bonds” for “Interest wholly tax-exempt” after “(2)”. - § 171(a)(3): Pub. L. 94–455, § 1901(b)(1)(E)(iii), redesignated par. (4) as (3). Former par. (3), relating to adjustment of credit or deduction for interest partially tax-exempt, was struck out. - § 171(a): Pub. L. 94–455, § 1901(b)(1)(E)(iii), redesignated par. (4) as par. (3). - § 171(b)(1)(B)(i): Pub. L. 94–455, § 1951(b)(5)(A)(ii), substituted “clause (ii) applies, or” for “clause (ii) or (iii) applies” after “bond to which” and inserted “and” at the end. - § 171(b)(1)(B)(ii): Pub. L. 94–455, §§ 1901(b)(1)(E)(iv), 1951(b)(5)(A)(iii), substituted “subsection (a)(1)” for “subsection (c)(1)(B)” after “bond described in” and “and” for “or” after “1957”. - § 171(b)(1)(B): Pub. L. 94–455, § 1951(b)(5)(A)(i), struck out cl. (iii) relating to certain bonds acquired before 1958. - § 171(b)(2): Pub. L. 94–455, § 1951(b)(5)(A)(iv), struck out “or (iii)” after “paragraph (1)(B)(ii)”. - § 171(b)(3)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 171(c)(1): Pub. L. 94–455, § 1901(b)(1)(E)(v), substituted “In the case of bonds the interest on which is not excludible from gross income, this section shall apply only if the taxpayer has so elected” for “This section shall apply with respect to the following classes of taxpayers with respect to the following classes of bonds only if the taxpayer has elected to have this section apply” after “election permitted”, and struck out subpars. (A) and (B) relating to partially tax-exempt, and wholly taxable, bonds. - § 171(c)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” in three places after “Secretary”. ## § 172: Net operating loss deduction - § 172(b)(1)(B): Pub. L. 94–455, § 806(a), inserted “Except as provided in subparagraphs (C), (D), (E), and (F), a net operating loss for any taxable year ending after December 31, 1975, shall be a net operating loss carryover to each of the 7 taxable years following the taxable year of such loss” after “year of such loss”. - § 172(b)(1)(C): Pub. L. 94–455, §§ 806(b)(1), 1901(a)(29)(C)(ii), inserted “For any taxable year ending after December 31, 1975, the preceding sentence shall be applied by substituting ‘9 taxable years’ for ‘7 taxable years’ ” after “year of such loss”, substituted “subsection (g)(1)” for “subsection (j)(1)” after “as defined in” and “subsection (g)” for “subsection (j)” after “as provided in”. - § 172(b)(1)(D): Pub. L. 94–455, §§ 1901(a)(29)(C)(iii), 2126, substituted “subsection (h)” for “subsection (k)” after “as defined in” and “20” for “15” after “expropriation loss, to each of the”. - § 172(b)(1): Pub. L. 94–455, § 1606(b), added subpar. (E). - § 172(b)(2): Pub. L. 94–455, § 1901(a)(29)(C)(iv), substituted “subsection (g)” for “subsections (i) and (j)” after “provided in”. - § 172(b)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 172(b)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” in two places after “Secretary”. - § 172(b)(3): Pub. L. 94–455, § 1901(a)(29)(C)(iii), substituted “subsection (h)” for “subsection (k)” after “as defined in”. - § 172(b)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “Or his delegate” in two places after “Secretary”. - § 172(b)(3): Pub. L. 94–455, §§ 806(c), 1901(a)(29)(A)(ii), added subpar. (E). Former subpar. (E), which related to applicability of special rules in computing taxpayer’s net operating loss deduction, was struck out. - § 172(b)(3): Pub. L. 94–455, § 1901(a)(29)(A)(ii), struck out subpar. (F) which defined “class of products” and provided for the use of information compiled or published by Secretary of Commerce or manufacturers as prima facie evidence of the total number of units of such class of products manufactured and produced in the United States in a calendar year. - § 172(c): Pub. L. 94–455, § 1901(a)(29)(B), struck out “(for any taxable year ending after December 31, 1953)” after “means”. - § 172(d)(5), § 172(d)(6): Pub. L. 94–455, § 1052(c)(3), struck out par. (5) relating to special deductions for corporations concerning partially tax-exempt interest and Western Hemisphere corporations, and redesignated par. (6) as (5). - § 172(d)(7): Pub. L. 94–455, § 1606(c), added par. (7). - § 172(e): Pub. L. 94–455, § 1901(a)(29)(D), struck out “The preceding sentence shall apply with respect to all taxable years, whether they begin before, on, or after January 1, 1954” after “applicable to such other taxable year”. - § 172(f): Pub. L. 94–455, § 1901(a)(29)(C)(i), redesignated subsec. (h) as (f). Former subsec. (f), relating to net operating loss deduction for taxable years beginning in 1953 and ending in 1954, was struck out. - § 172(g): Pub. L. 94–455, § 1901(a)(29)(C)(i), redesignated subsec. (j) as (g). Former subsec. (g), relating to special transitional rules to be applied to net operating loss deductions, was struck out. - § 172(g): Pub. L. 94–455, § 806(b)(2), added subpar. (C). - § 172(g): Pub. L. 94–455, § 1901(a)(29)(E), struck out par. (4) relating to carryover of net operating loss for certain regulated transportation corporations for taxable years beginning in 1955 and ending in 1956. - § 172: Pub. L. 94–455, § 1901(a)(29)(C)(i), redesignated subsec. (k) as (h). Former subsec. (h) redesignated (f). - § 172: Pub. L. 94–455, § 1901(a)(29)(C)(i), redesignated subsec. (l) as (i). Former subsec. (i), relating to carryback of net operating loss for taxable years beginning in 1957 and ending in 1958, was struck out. - § 172: Pub. L. 94–455, § 1901(a)(29)(C)(i), redesignated subsecs. (j) to (l) as (g) to (i), respectively. ## § 173: Circulation expenditures - § 173: Pub. L. 94–455 struck out “or his delegate” after “Secretary” in two places. ## § 174: Amortization of research and experimental expenditures - § 174(a)(2)(A): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 174(a)(2)(A): Pub. L. 94–455, § 1901(a)(30), substituted “August 16, 1954” for “the date on which this title is enacted” after “ends after”. - § 174(a), § 174(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 175: Soil and water conservation expenditures; endangered species recovery expenditures - § 175(d)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 175(d)(1): Pub. L. 94–455, § 1901(a)(30), substituted “August 16, 1954” for “the date on which this title is enacted” after “and ends after”. - § 175(d)(2), § 175(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 179: Election to expense certain depreciable business assets - § 179(c)(1), § 179(c)(2), § 179(d)(6)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 179(d)(8), § 179(d)(9): Pub. L. 94–455, § 213(a), added par. (8) and redesignated former par. (8) as par. (9). - § 179(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 180: Expenditures by farmers for fertilizer, etc. - § 180(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 183: Activities not engaged in for profit - § 183(d), § 183(e)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 183(e)(4): Pub. L. 94–455, § 214(a), added par. (4). ## § 190: Expenditures to remove architectural and transportation barriers to the handicapped and elderly - Enacted 26 U.S.C. § 190. ## § 213: Medical, dental, etc., expenses - § 213(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 213: Pub. L. 94–455, § 504(c)(1), substituted “a credit under section 44A” for “a deduction under section 214” after “allowed as”. ## § 216: Deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder - § 216(b)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 216(b)(5): Pub. L. 94–455, § 2101(f), added par. (5). - § 216(c): Pub. L. 94–455, §§ 1906(b)(13)(A), 2101(b), struck out “or his delegate” after “Secretary” and inserted at end “The preceding sentence shall not be construed to limit or deny a deduction for depreciation under 167(a) by a cooperative housing corporation with respect to property owned by such corporation and leased to tenant-stockholders.” ## § 217: Moving expenses - § 217(b): Pub. L. 94–455, § 506(b)(1), (2), substituted “$1,500” for “$1,000” after “(1) shall not exceed” and “$3,000” for “$2,500” after “lease expenses shall not exceed”. - § 217(b): Pub. L. 94–455, § 506(b)(3), substituted “ ‘$750’ for ‘$1,500’ ” for “ ‘$500’ for ‘$1,000’ ” after “applied by substituting” and “ ‘$1,500’ for ‘$3,000’ ” for “ ‘$1,250’ for ‘$2,500’ ” after “and by substituting”. - § 217(c)(1)(A), § 217(c)(1)(B): Pub. L. 94–455, § 506(a), substituted “35” for “50” after “at least”. - § 217(g), § 217(h): Pub. L. 94–455, §§ 506(c), 1906(b)(13)(A), added subsec. (g), redesignated former subsec. (g) as (h) and struck out “or his delegate” after “Secretary”. ## § 219: Retirement savings - § 219(a): Pub. L. 94–455, § 1501(b)(4)(B), substituted “for” for “during” after “paid in cash”. - § 219(b)(2): Pub. L. 94–455, § 1901(a)(32), substituted “subdivision” for “division” after “State or political”. - § 219(b)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 219(b): Pub. L. 94–455, § 1501(b)(4)(B), added par. (6). - § 219(c)(2): Pub. L. 94–455, § 1501(b)(4)(C), inserted “For purposes of this section, the determination of whether an individual is married shall be made in accordance with the provisions of section 143(a)” after “community property laws”. - § 219(c): Pub. L. 94–455, § 1501(b)(4)(D), added par. (3). - § 219(c): Pub. L. 94–455, § 1503(a), added par. (4). ## § 226: Cross reference - § 226: Pub. L. 94–455 renumbered section 220 of this title as this section. ## § 243: Dividends received by corporations - § 243(a)(2): Pub. L. 94–455, § 1901(a)(34)(A), inserted “(15 U.S.C. 661 and following)” after “Small Business Investment Act of 1958”. - § 243(b)(1): Pub. L. 94–455, § 1051(f)(1), inserted “either” at end of subpar. (A), substituted a comma for a period and inserted “or” at end of subpar. (B), and added subpar. (C). - § 243(b)(2), § 243(b)(3), § 243(b): Pub. L. 94–455, title XIX, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 243(b)(2)(A): Pub. L. 94–455, § 1901(a)(34)(B), struck out “(except that in the case of a taxable year of a member beginning in 1963 and ending in 1964, if the election is effective for the taxable year of the common parent corporation which includes the last day of such taxable year of such member, such election shall be effective for such taxable year of such member, if such member consents to such election with respect to such taxable year)” after “with respect to which the election is made”. - § 243(b)(3)(B): Pub. L. 94–455, § 1031(b)(2), substituted “election under section 901(a) (relating to allowance of foreign tax credit)” for “elections under section 901(a) (relating to allowance of foreign tax credit) and section 904(b)(1) (relating to election of overall limitation)”. - § 243(b)(3)(C): Pub. L. 94–455, §§ 1901(b)(1)(J)(ii), (21)(A)(i), 1906(b)(3)(C)(ii), struck out cl. (ii) which set a $100,000 limitation for exploration expenditures under section 615 (a) and (b), redesignated former cls. (iii), (iv), and (v) as cls. (ii), (iii), and (iv), respectively, and substituted “certain exploration expenditures under section 617(h)(1)” for “exploration expenditures under sections 615(c)(1) and 617(h)(1)” in cl. (ii) as so redesignated, “804(a)(3)” for “804(a)(4)” in cl. (iii) as so redesignated, and “section 6154(c)(2) and section 6655(e)(2)” for “sections 6154(c)(2) and (3) and sections 6655(e)(2) and (3)” in cl. (iv) as so redesignated. - § 243(b): Pub. L. 94–455, § 1051(f)(2), inserted “, 1504(b)(4),” after “sections 1504(b)(2)”. ## § 246: Rules applying to deductions for dividends received - § 246(a): Pub. L. 94–455, § 1051(f)(3), struck out references to dividends from corporations organized under the China Trade Act, 1922, and corporations to which section 931 (relating to income from sources within possessions of the United States) applies. - § 246(c)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 248: Organizational expenditures - § 248(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 248(c): Pub. L. 94–455, § 1901(a)(36), substituted “August 16, 1954” for “the date of enactment of this title”. ## § 249: Limitation on deduction of bond premium on repurchase - § 249(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 263: Capital expenditures - § 263(a)(1)(F): Pub. L. 94–455, § 2122(b)(2), added subpar. (F). - § 263(a): Pub. L. 94–455, § 1904(b)(10)(A)(i)(I), struck out par. (3) which provided that no deduction be allowed for amounts paid as tax under section 4911 (relating to imposition of interest equalization tax) except as provided in subsec. (d). - § 263(d): Pub. L. 94–455, §§ 1904(b)(10)(A)(i)(I), (II), 1906(b)(13)(A), redesignated subsec. (e) as (d) and struck out “or his delegate” after “Secretary” and substituted “subsection (e)” for “subsection (f)”. Former subsec. (d) was struck out. - § 263(e): Pub. L. 94–455, §§ 1904(b)(10)(A)(i)(I), 1906(b)(13)(A), redesignated subsec. (f) as (e) and struck out “or his delegate” after “Secretary”. Former subsec. (e) redesignated (d). - § 263(f): Pub. L. 94–455, §§ 1701(a), 1904(b)(10)(A)(i)(I), added subsec. (f). Former subsec. (f) redesignated (e). ## § 265: Expenses and interest relating to tax-exempt income - § 265: Pub. L. 94–455, §§ 1901(a)(37), 1906(b)(13)(A), struck out “(other than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer)” after “to purchase or carry obligations” and “or his delegate” after “Secretary”. - § 265: Pub. L. 94–455, § 2137(e), added pars. (3) and (4). ## § 266: Carrying charges - § 266: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 269: Acquisitions made to evade or avoid income tax - § 269(a), § 269(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 269(c): Pub. L. 94–455, § 1901(a)(38), struck out subsec. (c) relating to presumptions in the case of disproportionate purchase price. ## § 271: Debts owed by political parties, etc. - § 271(c): Pub. L. 94–455 added subsec. (c). ## § 273: Holders of life or terminable interest - § 273: Pub. L. 94–455 struck out reference to amounts paid under laws of a Territory. ## § 274: Disallowance of certain entertainment, etc., expenses - § 274(c)(1), § 274(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 274(h): Pub. L. 94–455, § 602(a), added subsec. (h). Former subsec. (h) redesignated (i). - § 274(i): Pub. L. 94–455, §§ 602(a), 1906(b)(13)(A), redesignated former subsec. (h) as (i) and struck out “or his delegate” after “Secretary”. ## § 275: Certain taxes - § 275(a)(1)(C): Pub. L. 94–455, § 1901(a)(39), struck out “, and corresponding provisions of prior revenue laws” after “under section 3402”. - § 275(a)(6): Pub. L. 94–455, §§ 1307(d)(2)(A), 1605(b)(1), inserted reference to chapters 41 and 44. ## § 279: Interest on indebtedness incurred by corporation to acquire stock or assets of another corporation - § 279(c)(3)(B), § 279(g): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 280A: Disallowance of certain expenses in connection with business use of home, rental of vacation homes, etc. - Enacted 26 U.S.C. § 280A. ## § 280B: Demolition of structures - Enacted 26 U.S.C. § 280B. ## § 281: Terminal railroad corporations and their shareholders - § 281(d)(1)(A): Pub. L. 94–455, § 1901(a) (40)(A), inserted “(49 U.S.C. 1 and following)” after “Interstate Commerce Act”. - § 281(e), § 281: Pub. L. 94–455, §§ 1901(a)(40)(B), 1906(b)(13)(A), redesignated subsec. (f) as (e) and struck out “or his delegate” after “Secretary”. Former subsec. (e), which made special provision for the application of this section to taxable years ending before Oct. 23, 1962, was struck out. ## § 301: Distributions of property - § 301(b)(1): Pub. L. 94–455, § 205(c)(1)(B), substituted “1252(a), or 1254(a)” for “or 1252(a)”. - § 301(b)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 301(d): Pub. L. 94–455, § 205(c)(1)(C), substituted “1252(a), or 1254(a)” for “or 1252(a)”. - § 301(e): Pub. L. 94–455, § 1901(a)(41), (b)(32)(A), redesignated subsec. (g) as (e). Former subsec. (e), which related to exceptions for certain distributions by personal service corporations, was struck out. - § 301(f): Pub. L. 94–455, § 1901(b)(32)(A), struck out subsec. (f) which related to special rules for distribution of antitrust stock to corporations. - § 301: Pub. L. 94–455, § 1901(b)(32)(A), redesignated subsec. (g) as (e). ## § 302: Distributions in redemption of stock - § 302(c)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 303: Distributions in redemption of stock to pay death taxes - § 303(b)(1)(C): Pub. L. 94–455, § 2004(e)(1), added subpar. (C). - § 303(b)(2)(A): Pub. L. 94–455, § 2004(e)(2)(A), substituted provisions limiting the applicability of subsec. (a) to corporate distributions in which the value of the corporate stock included in decedent’s gross estate exceeds 50 percent of the gross estate over deductions allowed under sections 2053 and 2054 for provisions limiting the applicability of subsec. (a) to corporate distributions in which the value of the corporate stock included in decedent’s gross estate is either more than 35 percent of the gross estate or 50 percent of the taxable estate. - § 303(b)(2)(B): Pub. L. 94–455, § 2004(e)(2)(B), substituted “the 50 percent requirement” for “the 35 percent and 50 percent requirements”. - § 303(b)(3), § 303(b)(4): Pub. L. 94–455, § 2004(e)(3), added pars. (3) and (4). - § 303(c): Pub. L. 94–455, § 2004(e)(4), substituted “limitation specified in subsection (b)” for “limitation specified in subsection (b)(1)”. - § 303(d): Pub. L. 94–455, § 2006(b)(4), added subsec. (d). ## § 305: Distributions of stock and stock rights - § 305(b)(5), § 305(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 306: Dispositions of certain stock - § 306(a)(1)(A), § 306(a)(1)(B)(i): Pub. L. 94–455, § 1901(b)(3)(J), substituted “ordinary income” for “gain from the sale of property which is not a capital asset”. - § 306(b)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 306(f): Pub. L. 94–455, § 1901(b)(3)(J), substituted “ordinary income” for “gain from the sale of property which is not a capital asset”. ## § 307: Basis of stock and stock rights acquired in distributions - § 307(a), § 307(b)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 311: Taxability of corporation on distribution - § 311: Pub. L. 94–455, § 1901(a) (42)(A), substituted “then a gain shall be recognized” for “then again shall be recognized”. ## § 312: Effect on earnings and profits - § 312(c): Pub. L. 94–455, § 205(c)(1)(D), substituted “1252(a), or 1254(a)” for “or 1252(a)”. - § 312(d)(1): Pub. L. 94–455, § 1901(a)(43)(A), substituted “this title” for “this Code” wherever appearing. - § 312(h): Pub. L. 94–455, §§ 1901(a)(43)(B), 1906(b)(13)(A), redesignated subsec. (i) as (h) and struck out “or his delegate” after “Secretary”. Former subsec. (h), which related to earnings and profits of personal service corporations, was struck out. - § 312(i): Pub. L. 94–455, § 1901(a)(43)(B), (C), redesignated subsec. (j) as (i), and, among other changes, substituted “paragraph (2)” for “subparagraph (B) of the preceding sentence” and “of this subsection” for “of this paragraph”, and struck out provisions relating to the effective date of this subsec. Former subsec. (i) redesignated (h). - § 312(j): Pub. L. 94–455, §§ 1901(a)(43)(D), (b)(32)(B)(i), 1906(b)(13)(A), redesignated subsec. (l) as (j), struck out “or his delegate” after “Secretary” in par. (1) and in par. (3) provision relating to the effective date of such paragraph. Former subsec. (j) redesignated (i). - § 312(k): Pub. L. 94–455, §§ 1901(b)(32)(B)(i), 1906(b)(13)(A), redesignated subsec. (m) as (k) and struck out “or his delegate” after “Secretary” in par. (2). Former subsec. (k), relating to special adjustment on disposition of antitrust stock received as a dividend, was struck out. - § 312(l): Pub. L. 94–455, § 1901(b)(32)(B)(i), redesignated subsec. (l) as (j). - § 312(m): Pub. L. 94–455, § 1901(b)(32)(B)(i), redesignated subsec. (m) as (k). ## § 316: Dividend defined - § 316(b)(2)(B)(ii): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 316(b)(3): Pub. L. 94–455, § 1601(d), added par. (3). ## § 331: Gain or loss to shareholder in corporate liquidations - § 331(c): Pub. L. 94–455 substituted “reference” for “references” in heading and struck out cross reference relating to general rule for determination of the amount of gain or loss to the distributee and substituted “section 1001” for “section 1002”. ## § 332: Complete liquidations of subsidiaries - § 332(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 334: Basis of property received in liquidations - § 334(b)(2): Pub. L. 94–455, §§ 1901(a)(45), 1906(b)(13)(A), struck out in subpar. (A) provision relating to distributions made pursuant to a plan of liquidation adopted on or before June 22, 1954, and in provisions following subpar. (B)(ii) “or his delegate” after “Secretary”. ## § 351: Transfer to corporation controlled by transferor - § 351(a): Pub. L. 94–455, § 1901(a)(48)(A), struck out “(including, in the case of transfers made on or before June 30, 1967, an investment company)” after “property is transferred to a corporation”. - § 351(d): Pub. L. 94–455, § 1901(a)(48)(B), among other changes, substituted “Exception” for “Application of June 30, 1967, date” in heading and in text provision that this section does not apply to a transfer of property to an investment company for provisions relating to treatment of a transfer of property to an investment company as made on or before June 30, 1967. ## § 355: Distribution of stock and securities of a controlled corporation - § 355(a)(1)(D)(ii): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 358: Basis to distributees - § 358(b)(1), § 358(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 362: Basis to corporations - § 362(c)(2)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 362(c): Pub. L. 94–455, § 2120(b), added par. (3). ## § 367: Foreign corporations - § 367: Pub. L. 94–455, among other changes, inserted provisions permitting nonrecognition of gain if a request for a ruling that tax avoidance is not present is filed within 183 days after beginning of an exchange, relating to an organization, reorganization, and liquidation of a foreign corporation, in the case of outbound transfers, however, for all other transfers, regulations are to provide the extent that earnings are to be taken into account as dividends and provisions relating to Tax Court review of the tax avoidance rulings. ## § 368: Definitions relating to corporate reorganizations - § 368(a)(2)(F): Pub. L. 94–455, § 2131(a), added subpar. (F). - § 368(c): Pub. L. 94–455, § 806(f)(1), which substituted “this part, and Part V,” for “and this part,” was repealed by Pub. L. 99–514, § 621(e)(1). See Effective Date of 1986 and 1976 Amendment notes below. ## § 381: Carryovers in certain corporate acquisitions - § 381(b)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 381(c)(3): Pub. L. 94–455, § 1901(b)(33)(N), substituted in subpars. (B) and (C) “capital gain net income” for “net capital gain”. - § 381(c)(4), § 381(c)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 381(c)(10): Pub. L. 94–455, § 1901(b)(21(B), among other changes, substituted reference to section 616 (relating to certain development expenditures) if the distributor or transferor corporation has so elected for reference to sections 615 and 616 (relating to pre-1970 exploration expenditures and development expenditures, respectively) if the distributor or transferor corporation has so elected and struck out provisions that if, for any taxable year, the distributor of transferor corporation was allowed or made the election of the deduction under section 615 of this title, the acquiring corporation shall be deemed to have been allowed or to have made such election of the deduction under section 615 of this title. - § 381(c)(15): Pub. L. 94–455, § 1901(b)(17), substituted “subsection (c)” for “subsections (b)(7) and (c)”. - § 381(c)(20): Pub. L. 94–455, § 1901(a)(54), struck out par. (20) which related to carry-over of unused pension trust deductions in certain cases. - § 381(c)(21): Pub. L. 94–455, § 1901(b)(16), struck out par. (21) which related to pre-1954 adjustments resulting from change in method of accounting. - § 381(c)(22), § 381(c)(23), § 381(c)(24): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 381(c)(25): Pub. L. 94–455, § 1601(e), added par. (25). ## § 382: Limitation on net operating loss carryforwards and certain built-in losses following ownership change - § 382: Pub. L. 94–455, § 806(e), which amended section generally, substituting provisions relating to special limitations on net operating loss carryovers based on continuity of trade or business conducted, for provisions relating to special limitations on net operating loss carryovers based on continuity of ownership, was repealed by Pub. L. 99–514, § 621(e)(1). See Effective Date of 1986 and 1976 Amendment notes below. ## § 383: Special limitations on certain excess credits, etc. - § 383: Pub. L. 94–455, §§ 1031(b)(5), 1906(b)(13)(A), struck out “or his delegate” after “Secretary”, and substituted “section 904(c)” for “section 904(d)”, respectively, in section 383 set out first. - § 383: Pub. L. 94–455, § 806(f)(2), which substituted, in sections 383 as related to section 382(a) and (b) of this title, provisions that the net operating loss limitations in section 382 shall apply to unused investment credits under section 46(b), to unused work incentive program credits under section 50A(b), to excess foreign taxes under section 904(d) and to net capital losses under section 1212 for provisions that the net operating loss carryover limitations in section 382 shall apply, in the case of ownership changes described in section 382(a)(1) or reorganizations specified in section 381(a)(2) resulting in ownership changes described in section 382(b)(1)(B), to unused investment credits under section 46(b), to unused work incentive program credits under section 50A(B), to excess foreign taxes under section 904(c), and to net capital losses under section 1212, was repealed by Pub. L. 99–514, § 621(e)(1). See Effective Date of 1986 and 1976 Amendment notes below. ## § 385: Treatment of certain interests in corporations as stock or indebtedness - § 385(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 401: Qualified pension, profit-sharing, and stock bonus plans - § 401(a): Pub. L. 94–455, §§ 803(b)(2), 1901(a)(56), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in pars. (5), (11), and (14), substituted references to Sept. 2, 1974, for references to the enactment of the Employee Retirement Income Security Act of 1974 in pars. (12), (13), (15), and (19), added par. (21), and inserted reference to par. (20) in provisions following par. (21), such addition of reference to par. (20) duplicating amendment by Pub. L. 94–267, § 1(c)(2). - § 401(b), § 401(c), § 401(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 401(f): Pub. L. 94–455, § 1505(b), inserted reference to contracts (other than life, health, or accident, property, casualty, or liability insurance contracts) issued by an insurance company qualified to do a business in a State and struck out “or his delegate” after “Secretary”. - § 401(h), § 401(i), § 401(j): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 402: Taxability of beneficiary of employees’ trust - § 402(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 402(a): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 402(a): Pub. L. 94–455, §§ 1402(b)(1)(C), 1906(b)(13)(A), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977 and struck out “or his delegate” after “Secretary”. - § 402(a): Pub. L. 94–455, § 1901(a)(57)(A), substituted “basic pay” for “basic salary”, “civil service retirement laws” for “Civil Service Retirement Act (5 U.S.C. 2251)”, and “section 8331(3) of title 5, United States Code” for “section 1(d) of such Act”. - § 402(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 402(d): Pub. L. 94–455, § 1901(a)(57)(B), struck out subsec. (d) which related to certain trust agreements made before Oct. 21, 1942. - § 402(e)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 402(e)(4)(A): Pub. L. 94–455, § 1901(a)(57)(C)(i), substituted “Except for purposes of subsection (a)(2) and section 403(a)(2)” for “For purposes of this subparagraph”. - § 402(e)(4)(B), § 402(e)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 402(e)(4): Pub. L. 94–455, § 1402(b)(2), substituted “1 year” for “9 months”. - § 402(e)(4): Pub. L. 94–455, §§ 1402(b)(1)(C), 1512(a), added subsec. (e)(4)(L) to be applicable to distributions and payments after Dec. 31, 1975, in taxable years beginning after Dec. 31, 1975, and provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 403: Taxation of employee annuities - § 403(a)(2): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 403(a)(2): Pub. L. 94–455, § 1402(b) (1)(D), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 403(a)(4): Pub. L. 94–455, § 1901(a)(58), reenacted provisions following subpar. (C) without substantive change. - § 403(a)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 403(b)(1)(A)(ii): Pub. L. 94–455, § 1901(b)(8)(A), substituted “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution (as defined in section 151(e)(4))”. - § 403(b)(4)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 403(b)(7)(C): Pub. L. 94–455, § 1504(a), struck out “, and which issues only redeemable stock” after “regulated investment company within the meaning of section 851(a)”. ## § 404: Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan - § 404(a)(1)(B), § 404(a)(8)(C): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 404(d): Pub. L. 94–455, § 1901(a)(59), struck out subsec. (d) which related to the taxability of the beneficiary under certain forfeitable contracts purchased by exempt organizations. - § 404(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 404(e): Pub. L. 94–455, § 1502(a)(2), inserted provisions following subpar. (B). ## § 406: Employees of foreign affiliates covered by section 3121(l) agreements - § 406(b)(2)(A): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 407: Certain employees of domestic subsidiaries engaged in business outside the United States - § 407(b)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 408: Individual retirement accounts - § 408(a)(2), § 408(a)(6), § 408(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 408(c)(2): Pub. L. 94–455, § 1501(b)(2), substituted “member (or spouse of an employee or member)” for “member”. - § 408(d)(1): Pub. L. 94–455, § 1501(b)(10), substituted “Notwithstanding any other provision of this title (including chapters 11 and 12), the basis” for “The basis”. - § 408(d)(4): Pub. L. 94–455, § 1501(b)(5), as amended by Pub. L. 95–600, § 703(c)(4), inserted reference to section 220 and substituted “In the case of such a distribution, for purposes of section 61, any net income described in subparagraph (C) shall be deemed to have been earned and receivable in the taxable year in which such excess contribution is made” for “Any net income described in subparagraph (C) shall be included in the gross income of the individual for the taxable year in which received”. - § 408(h), § 408(i): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 410: Minimum participation standards - § 410(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 410(a)(5)(C), § 410(a)(5)(D): Pub. L. 94–455, § 1901(a)(61)(A), substituted “purposes of paragraph (1)” for “purposes of subsection (a)(1)”. - § 410(b)(1)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 410(c)(1)(C): Pub. L. 94–455, § 1901(a)(61)(B), substituted “September 2, 1974,” for “the date of the enactment of the Employee Retirement Income Security Act of 1974”. - § 410(c)(2): Pub. L. 94–455, § 1901(a)(61)(C), substituted “September 1, 1974” for “the day before the date of the enactment of this section”. - § 410(d)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 411: Minimum vesting standards - § 411(a): Pub. L. 94–455, §§ 1901(a)(62)(A)–(C), 1906(b)(13)(A), substituted “paragraph (8)” for “subsection (a)(8)” in provisions preceding par. (1), substituted references to Sept. 2, 1974, for references to the date of enactment of the Employee Retirement Income Security Act of 1974 in par. (3)(D)(iii), struck out “or his delegate” after “Secretary” in pars. (4)(C) and (7)(B), and substituted “(B)” for “(b)” in heading of par. (7)(C). - § 411(b)(1)(D)(i): Pub. L. 94–455, § 1901(a)(62)(D), substituted reference to Sept. 2, 1974, for reference to the date of enactment of the Employee Retirement Income Security Act of 1974. - § 411(c)(2)(B), § 411(d)(2), § 411(d)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 411(e)(1)(C): Pub. L. 94–455, § 1901(a)(62)(D), substituted reference to Sept. 2, 1974, for reference to the date of enactment of the Employee Retirement Income Security Act of 1974. - § 411(e)(2): Pub. L. 94–455, § 1901(a)(62)(E), substituted reference to Sept. 1, 1974, for reference to the date before the date of enactment of the Employee Retirement Income Security Act of 1974. ## § 412: Minimum funding standards - § 412(a), § 412(b), § 412(c), § 412(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 412: Pub. L. 94–455, § 1901(a)(63), substituted reference to Sept. 2, 1974, for reference to the date of enactment of the Employee Retirement Income Security Act of 1974 in par. (5) and substituted reference to Sept. 1, 1974, for reference to the day before the date of enactment of the Employee Retirement Income Security Act of 1974 in the provisions following par. (6). - § 412: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 413: Collectively bargained plans, etc. - § 413(b), § 413(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 414: Definitions and special rules - § 414(a), § 414(b), § 414(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 414(f): Pub. L. 94–455, § 1901(a)(64)(A), substituted “Plan” for “plan” in heading. - § 414(g)(2)(C): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 414(l): Pub. L. 94–455, § 1901(a)(64)(B), substituted reference to Sept. 2, 1974, for reference to the date of enactment of the Employee Retirement Income Security Act of 1974. ## § 415: Limitations on benefits and contribution under qualified plans - § 415(a)(2): Pub. L. 94–455, § 1501(b)(3)(A), substituted “Except as provided in paragraph (3), in the case” for “In the case”. - § 415(a): Pub. L. 94–455, § 1501(b)(3)(B), added par. (3). - § 415(b)(2)(A): Pub. L. 94–455, § 1901(a)(65)(A), inserted closing parenthesis after “409(b)(3)(C)”. - § 415(b)(2)(B): Pub. L. 94–455, §§ 1901(a)(65)(B), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” and substituted “section 401(a)(11)(G)(iii)” for “section 401(a)(11)(H)(iii)”. - § 415(b)(2)(C), § 415(b)(6): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 415(c)(4): Pub. L. 94–455, §§ 1901(b)(8)(D), 1906(b)(13)(A), substituted “educational organizations” for “educational institutions” in the heading and “educational organization” for “educational institution” in subpars. (A), (B), and (C), struck out “or his delegate” after “Secretary” in subpar. (D)(i), and substituted “For purposes of this paragraph the term ‘educational organization’ means an educational organization described in section 170(b)(1)(A)(ii)” for “For purposes of this paragraph the term ‘educational institution’ means an educational institution as defined in section 151(e)(4)” in subpar. (D)(ii). - § 415(c)(5): Pub. L. 94–455, § 1502(a)(1), added par. (5). - § 415(c)(6): Pub. L. 94–455, § 803(f)(1), added par. (6). - § 415(c)(7): Pub. L. 94–455, § 1511(a), added par. (7). - § 415(d)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 415(e): Pub. L. 94–455, § 803(f)(2), substituted “with the employer determined without regard to paragraph (6) of such subsection)” for “with the employer”. - § 415(e): Pub. L. 94–455, § 803(b)(4), substituted “For purposes of this section” for “For purposes of this subsection”. - § 415(g), § 415(i), § 415(j): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 423: Employee stock purchase plans - § 423(a)(1): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 423(a)(1): Pub. L. 94–455, § 1402(b)(1)(E), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 441: Period for computation of taxable income - § 441(f)(3): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 442: Change of annual accounting period - § 442: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 443: Returns for a period of less than 12 months - § 443(a)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 443(a): Pub. L. 94–455, § 1204(c)(2), struck out par. (3) which made termination of taxpayer’s taxable year under section 6851 as one of the circumstances under which a tax return for a period of less than 12 months shall be made. - § 443(b)(2)(D): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 443(d): Pub. L. 94–455, § 301(e), substituted “$10,000” for “$30,000”. - § 443(e): Pub. L. 94–455, § 1607(b)(1)(C), substituted “section 857(b)(2)(C)” for “section 857(b)(2)(D)”. ## § 446: General rule for methods of accounting - § 446(b), § 446(c), § 446(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 447: Method of accounting for corporations engaged in farming - Enacted 26 U.S.C. § 447. ## § 451: General rule for taxable year of inclusion - § 451(d): Pub. L. 94–455, §§ 1906(b)(13)(A), 2102(a), (b), inserted reference to disaster payments in heading, provided that payments received under the Agricultural Act of 1949, as amended, be treated as insurance proceeds received as a result of destruction or damage to crops if the payments are received as the result of destruction or damage from drought, flood, or other natural disaster, or as the result of inability to plant crops because of drought, flood, or other natural disaster, and struck out “or his delegate” after “Secretary”. - § 451(e): Pub. L. 94–455, § 2141(a), added subsec. (e). ## § 454: Obligations issued at discount - § 454(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in two places. - § 454(b)(2): Pub. L. 94–455, § 1901(c)(2), struck out “, a Territory,” after “a State”. ## § 455: Prepaid subscription income - § 455(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 455(c)(3)(B): Pub. L. 94–455, § 1901(a)(67), substituted “for his first taxable year in which he receives prepaid subscription income in the trade or business” for “for his first taxable year (i) which begins after December 31, 1957, and (ii) in which he receives prepaid subscription income in the trade or business”. ## § 456: Prepaid dues income of certain membership organizations - § 456(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 456(c)(3)(B): Pub. L. 94–455, § 1901(a)(68), substituted “for its first taxable year” for “for its first taxable year (i) which begins after December 31, 1960, and (ii)”. ## § 461: General rule for taxable year of deduction - § 461(c)(2), § 461(c): Pub. L. 94–455, §§ 1901(a)(69)(A), (B), 1906(b)(13)(A), redesignated par. (3) as (2), substituted “in which he” for “which begins after December 31, 1953, and ends after the date of the enactment of this title in which the taxpayer”, and struck out “or his delegate” after “Secretary” wherever appearing. Former par. (2), which related to special limitations on the applicability of par. (1), was struck out. - § 461(d), § 461(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 461(g): Pub. L. 94–455, § 208(a), added subsec. (g). ## § 464: Limitations on deductions for certain farming expenses - Enacted 26 U.S.C. § 464. ## § 465: Deductions limited to amount at risk - Enacted 26 U.S.C. § 465. ## § 471: General rule for inventories - § 471: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 472: Last-in, first-out inventories - § 472(a), § 472(c), § 472(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 472(f): Pub. L. 94–455, § 1901(b)(36)(A), struck out subsec. (f) which provided for a cross reference relating to involuntary liquidation and replacement of LIFO inventories. ## § 481: Adjustments required by changes in method of accounting - § 481(b)(1), § 481(b)(2): Pub. L. 94–455, § 1901(a)(70)(B), struck out “, other than the amount of such adjustments to which paragraph (4) or (5) applies,” after “required by subsection (a)(2)”. - § 481(b): Pub. L. 94–455, § 1901(a)(70)(A), struck out par. (4) which related to special rule for pre-1954 general adjustments, par. (5) which related to special rule for pre-1954 adjustments in case of certain decedents, and par. (6) which related to the application of the special rule for pre-1954 general adjustments. - § 481(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 482: Allocation of income and deductions among taxpayers - § 482: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 483: Interest on certain deferred payments - § 483(b), § 483(c)(1)(B), § 483(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 483(f): Pub. L. 94–455, § 1901(b)(3)(B), substituted “all of the gain, if any, on such” for “no part of any gain on such” and “ordinary income” for gain from the sale or exchange of property other than a capital asset”. ## § 501: Exemption from tax on corporations, certain trusts, etc. - § 501(c)(3): Pub. L. 94–455, §§ 1313(a), 1307(d)(1)(A), inserted “or to foster national or international amateur sports competition (but only if no part of its activities involve the provision of athletic facilities or equipment)” after “educational purposes” and inserted “(except as otherwise provided in subsection (h))” after “influence legislation”. - § 501(c)(17), § 501(c)(18): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 501(c)(20): Pub. L. 94–455, § 2134(b), added par. (20). - § 501(e)(1)(A): Pub. L. 94–455, § 1312(a), inserted “clinical” after “food”. - § 501(g): Pub. L. 94–455, § 2113(a), added subsec. (g) defining agricultural. Former subsec. (g) redesignated (h). - § 501(h): Pub. L. 94–455, §§ 1307(a)(1), 2113(a), added subsec. (h). Former subsec. (g), relating to cross reference, redesignated (h) and further redesignated (i). - § 501(i): Pub. L. 94–455, § 1307(a)(1), redesignated subsec. (h), relating to cross reference, as (i). ## § 503: Requirements for exemption - § 503(a)(2), § 503(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 504: Status after organization ceases to qualify for exemption under section 501(c)(3) because of substantial lobbying or because of political activities - Enacted 26 U.S.C. § 504. ## § 507: Termination of private foundation status - § 507: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 508: Special rules with respect to section 501(c)(3) organizations - § 508(a): Pub. L. 94–455, § 1901(a)(71)(A), struck out last sentence providing that for purposes of paragraph (2), the time prescribed for giving notice under this subsection shall not expire before the 90th day after the day on which regulations first prescribed under this subsection become final. - § 508(a)(1), § 508(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” in three places after “Secretary”. - § 508(b): Pub. L. 94–455, §§ 1901(a)(71)(A), 1906(b)(13)(A), struck out “or his delegate” in two places after “Secretary” and “The time prescribed for giving notice under this subsection shall not expire before the 90th day after the day on which regulations first prescribed under this subsection become final” after “a private foundation”. - § 508(c)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 508(c)(2)(A): Pub. L. 94–455, § 1901(b)(8)(E), substituted “(A) educational organizations described in section 170(b)(1)(A)(ii), and” for “(A) educational organizations which normally maintain a regular faculty and curriculum and normally have a regularly enrolled body of pupils or students in attendance at the place where their educational activities are regularly carried on; and” after “(b) or both—”. - § 508(c)(2)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 508(d)(2)(A): Pub. L. 94–455, § 1901(a)(71)(C), substituted “(e)(2)” for “(e)(2)(B) and (C)” after “regard to subsection”. - § 508(d)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 508(e)(2)(A): Pub. L. 94–455, § 1901(a)(71)(B), struck out subpar. (A) relating to taxable years beginning before 1972, and redesignated subpars. (B) and (C) as (A) and (B), respectively. - § 508(e)(2)(B): Pub. L. 94–455, § 1901(a)(71)(B), redesignated subpar. (C) as (B) and substituted “(A)” for “(B)” after “described in subparagraph”. - § 508(e)(2): Pub. L. 94–455, § 1901(a)(71)(B), redesignated subpar. (C) as (B). ## § 512: Unrelated business taxable income - § 512(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 512(b)(13), § 512(b)(14): Pub. L. 94–455, § 1951(b)(8)(A), redesignated pars. (15) and (16) as (13) and (14), respectively. Former pars. (13) and (14), relating to exceptions, additions, and limitations applicable in determining unrelated business taxable income, were struck out. - § 512(b)(15): Pub. L. 94–455, §§ 1901(b)(8)(F), 1906(b)(13)(A), 1951(b)(8)(A), redesignated par. (17) as (15) and substituted in subpar. (B) “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution (as defined in section 151(e)(4))” after “order or by an”, and struck out “or his delegate” after “Secretary”. Former par. (15) redesignated (13). - § 512(b)(16), § 512(b)(17): Pub. L. 94–455, § 1951(b)(8)(A), redesignated pars. (16) and (17) as (14) and (15), respectively. ## § 513: Unrelated trade or business - § 513(d): Pub. L. 94–455, § 1305(a), added subsec. (d). - § 513(e): Pub. L. 94–455, § 1311(a), added subsec. (e). ## § 514: Unrelated debt-financed income - § 514(a)(1), § 514(b)(3)(A), § 514(b)(3)(B)(ii): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 514(b)(3)(C)(iii): Pub. L. 94–455, § 1901(a)(72)(C), substituted “(as defined in this section immediately before the enactment of the Tax Reform Act of 1976)” for “as (defined in subsection (f))” after “is a business lease”. - § 514(c)(1): Pub. L. 94–455, § 1901(a)(72)(A), struck out exception following subpar. (C) that in any taxable year beginning before January 1, 1972, any acquisition indebtedness incurred prior to June 28, 1966, would not be taken into account except for business lease indebtedness of certain organizations. - § 514(c)(2)(C): Pub. L. 94–455, § 1308(a), added subpar. (C). - § 514(c)(7), § 514(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 514(f): Pub. L. 94–455, § 1901(a)(72(B), struck out subsec. (f) relating to definition of business lease, special rules applicable to such leases, and exceptions to the definition and applicable rules, and redesignated subsec. (h) as (f). - § 514(g): Pub. L. 94–455, § 1901(a)(72)(B), struck out subsec. (g) relating to definition and special rules applicable to business lease indebtedness. - § 514: Pub. L. 94–455, § 1901(a)(72)(B), redesignated subsec. (h) as (f). ## § 527: Political organizations - § 527(b): Pub. L. 94–455 substituted “net capital gain” for “net section 1201 gain” after “organization has a”. ## § 528: Certain homeowners associations - Enacted 26 U.S.C. § 528. ## § 534: Burden of proof - § 534(a)(1), § 534(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 534(b): Pub. L. 94–455, §§ 1901(a)(73)(A), 1906(b)(13)(A), struck out “In the case of a notice of deficiency to which subsection (e)(2) applies and which is mailed on or before the 30th day after the date of enactment of this sentence, the notification referred to in the preceding sentence may be mailed at any time on or before such 30th day” after “section 531”, and “or his delegate” after “Secretary”. - § 534(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 534: Pub. L. 94–455, § 1901(a)(73)(B), struck out subsec. (e) relating to application of provisions of section. ## § 535: Accumulated taxable income - § 535(b)(1): Pub. L. 94–455, §§ 1033(b)(3), 1901(a)(74), struck out “(other than the excess profits tax imposed by subchapter E of chapter 2 of the Internal Revenue Code of 1939 for taxable years beginning after December 31, 1940)” after “income and excess profits taxes”, and substituted “section 902(a) or 960(a)(1)” for “section 902(a)(1) or 960(a)(1)(C)” after “domestic corporation under”. - § 535(b)(6): Pub. L. 94–455, § 1901(b)(33)(D), substituted “Net” for “Long-term” after “(6)”. - § 535(b)(8): Pub. L. 94–455, § 1901(b)(20)(A), struck out par. (8) relating to allowance of deduction by bank affiliates. - § 535(b)(9), § 535(b)(10): Pub. L. 94–455, § 1901(b)(32)(C), struck out par. (9) relating to allowance of deduction for distributions of divested stock, and struck out par. (10) relating to special adjustment on disposition of antitrust stock received as a dividend. ## § 537: Reasonable needs of the business - § 537(b)(2): Pub. L. 94–455, § 1901(a)(75)(A), struck out “with respect to taxable years of the corporation ending after May 26, 1969” after “ ‘redemption needs’ means”. - § 537(b)(4): Pub. L. 94–455, § 1901(a)(75)(B), struck out “or (2)” after “paragraph (1)”. ## § 542: Definition of personal holding company - § 542(a)(2): Pub. L. 94–455, § 1901(a)(76)(A), struck out last sentence providing that the preceding sentence shall not apply in the case of an organization or trust organized or created before July 1, 1950, if at all times on or after July 1, 1950, and before the close of the taxable year such organization or trust has owned all of the common stock and at least 80 percent of the total number of shares of all other classes of stock of the corporation. - § 542(b)(2): Pub. L. 94–455, § 1901(a)(76)(B), struck out “other than an affiliated group of railroad corporations the common parent of which would be eligible to file a consolidated return under section 141 of the Internal Revenue Act of 1942” after “group of corporations”. - § 542(c)(2): Pub. L. 94–455, § 1901(a)(76)(C), struck out “without regard to subparagraphs (D) and (E) thereof” after “meaning of section 7701(a)(19)”. - § 542(c)(8): Pub. L. 94–455, § 1901(a)(76)(D), inserted “(15 U.S.C. 661 and following)” after “Small Business Investment Act of 1958”. ## § 543: Personal holding company income - § 543(a)(1): Pub. L. 94–455, § 1901(b)(32)(D), inserted in subpar. (B) “(46 U.S.C. 1161 or 1177)” after “Merchant Marine Act, 1936”, and struck out subpar. (C) relating to a dividend distribution of divested stock. - § 543(a)(5)(B): Pub. L. 94–455, § 211(a), inserted “In the case of a producer who actually participates in the production of the film, such term includes an interest in the proceeds or profits from the film, but only to the extent such interest is attributable to such active participation”. - § 543(a)(6): Pub. L. 94–455, § 2106(a), redesignated existing provisions as subpars. (A), (B), and (C) and, as redesignated, inserted in subpar. (A) “tangible” after “right to use” and in subpar. (C) inserted exclusions from income embodied in cl. (ii). - § 543(b)(2)(A), § 543(b)(2)(B), § 543(b)(2)(D): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 545: Undistributed personal holding company income - § 545(b)(1): Pub. L. 94–455, §§ 1033(b)(4), 1901(a)(77)(A), struck out “(other than excess profits tax imposed by subchapter E of chapter 2 of the Internal Revenue Code of 1939 for taxable years beginning after December 31, 1940)” after “Federal income and excess profits taxes”; substituted “902(a) or 960(a)(1)” for “902(a)(1) or 960(a)(1)(C)” after “corporation under section”; and struck out provisions after “prior income tax law” relating to election by taxpayer who paid Federal income and excess profits taxes to deduct payments, when made, for purposes of computing subchapter A net income or, for a taxable year ending after June 30, 1954, to deduct such taxes when accrued, such election being irrevocable and applied to taxable year for which election was made and to all subsequent taxable years. - § 545(b)(2): Pub. L. 94–455, § 1901(b)(20)(B)(ii), substituted “paragraph (6)” for “paragraph (8)” after “amount disallowed under”. - § 545(b)(5): Pub. L. 94–455, § 1901(b)(33)(D), substituted “Net” for “Long-term” after “(5)”. - § 545(b)(6): Pub. L. 94–455, §§ 1901(b)(20)(B)(i), 1906(b)(13)(A), struck out par. (6) relating to deduction allowed to bank affiliates, redesignated former par. (8) as (6) and, as redesignated, struck out “or his delegate” in two places after “Secretary”. - § 545(b)(7): Pub. L. 94–455, § 1901(a)(77)(B), struck out par. (7) relating to payment of indebtedness incurred prior to January 1, 1934. - § 545(b): Pub. L. 94–455, § 1901(b)(20)(B)(i), redesignated par. (8) as (6). - § 545(b): Pub. L. 94–455, § 1951(b)(9)(A), struck out par. (9) relating to the deduction of the amount of a lien in favor of the United States. - § 545(b): Pub. L. 94–455, § 1901(b)(32)(E), struck out par. (10) relating to deduction for distributions of divested stock, and struck out par. (11) relating to special adjustment on the disposition of antitrust stock received as a dividend. - § 545(c): Pub. L. 94–455, § 1901(a)(77)(C), substituted “February 26, 1964” for “the date of enactment of this subsection” after “years ending before”. - § 545(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 545(c): Pub. L. 94–455, § 1901(b)(20)(B)(iii), substituted “subsection (b)(6)” for “subsection (b)(8)” after “company income under”. ## § 547: Deduction for deficiency dividends - § 547(c)(3), § 547(e), § 547(g): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 547: Pub. L. 94–455, § 1901(a)(78), struck out subsec. (h) relating to the effective date of provisions concerning deduction of deficiency dividends. ## § 561: Definition of deduction for dividends paid - § 561(b): Pub. L. 94–455 redesignated existing provisions of par. (1) as subsec. (b) and struck out par. (2) relating to special adjustment on disposition of antitrust stock as a dividend. ## § 564: Dividend carryover - § 564: Pub. L. 94–455 struck out subsec. (c) which related to the determination of dividend carryover from taxable years to which this subtitle does not apply. ## § 565: Consent dividends - § 565(a), § 565(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 581: Definition of bank - § 581: Pub. L. 94–455 substituted “or of any State” for “of any State, or of any Territory” after “District of Columbia)” and struck out “, Territorial,” after “examination by State”. ## § 582: Bad debts, losses, and gains with respect to securities held by financial institutions - § 582(c)(2): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 582(c)(2): Pub. L. 94–455, § 1402(b)(1)(G), (2), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 582(c): Pub. L. 94–455, § 1044(a), added par. (4). ## § 584: Common trust funds - § 584(a)(1): Pub. L. 94–455, § 2138, designated existing provisions relating to trustee, executor, administrator and guardian as subpar. (A) and added subpar. (B). - § 584(c)(1): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year” wherever appearing. - § 584(c)(1): Pub. L. 94–455, § 1402(b)(1)(H), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 584(c)(2): Pub. L. 94–455, § 1901(b)(1)(G), struck out provisions relating to partially tax exempt interest and election of a common trust fund to amortize premiums on bonds and other obligations. - § 584(e): Pub. L. 94–455, § 2131(d), inserted “The admission of a participant shall be treated with respect to the participant as the purchase of, or exchange for, the participating interest”. - § 584(g): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 585: Reserves for losses on loans of banks - § 585(b)(3), § 585(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 593: Reserves for losses on loans - § 593(b)(2)(A): Pub. L. 94–455, § 1901(a)(84)(A), struck from the percentage table the years 1969 to 1975, inclusive. - § 593(b)(2): Pub. L. 94–455, § 1901(a)(84)(D), substituted “subsection (e)” for “subsection (f)” after “by reason of”. - § 593(c)(2): Pub. L. 94–455, § 1901(a)(84)(B), added par. (2). Former par. (2), relating to allocation of pre-1963 reserves for bad debts, was struck out. - § 593(c)(3): Pub. L. 94–455, § 1901(a)(84)(B), redesignated par. (6) as par. (3). Former par. (3), relating to the method of allocation to reserves for bad debts, was struck out. - § 593(c): Pub. L. 94–455, § 1901(a)(84)(B), struck out par. (4) which defined “pre-1963 reserves”, and struck out par. (5) which related to certain pre-1952 surplus. - § 593(c): Pub. L. 94–455, § 1901(a)(84)(B), redesignated par. (6) as (3). - § 593(d), § 593(e), § 593(f): Pub. L. 94–455, § 1901(a)(84)(C), struck out subsec. (d) relating to the determination of taxable income for taxpayer which uses the reserve method of accounting for bad debts for taxable years beginning in 1962 and ending in 1963, and redesignated subsecs. (e) and (f) as (d) and (e), respectively. - § 593(e), § 593(f): Pub. L. 94–455, § 1901(a)(84)(C), redesignated subsec. (f) as (e). Former subsec. (e) redesignated (d). ## § 611: Allowance of deduction for depletion - § 611(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 613: Percentage depletion - § 613(a): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 613(c)(2), § 613(c)(4)(I): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 613A: Limitations on percentage depletion in case of oil and gas wells - § 613A(b)(1): Pub. L. 94–455, § 1901(a)(86)(A), struck out “within the meaning of section 613(b)(1)(A)” after “determined to be a gas well”. - § 613A(c)(2), § 613A(c)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 613A(c)(6)(A)(i): Pub. L. 94–455, § 1901(a)(86)(B), substituted “determined without” for “determined with”. - § 613A(c)(7)(D): Pub. L. 94–455, § 2115(c)(1), inserted provision relating to the method to be employed by the partners in computing the depletion allowance. - § 613A(c)(7): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 613A(c)(9): Pub. L. 94–455, § 2115(b)(1), (e), added cls. (iii) to (vi) and provision following cl. (vi). - § 613A(d)(1): Pub. L. 94–455, § 2115(b)(2), substituted in subpar. (A) reference to any depletion on production from an oil or gas property which is subject to the provisions of subsection (c) for reference to depletion with respect to production of oil and gas subject to the provisions of subsection (c), and added subpar. (D). - § 613A(d)(2): Pub. L. 94–455, § 2115(a), inserted “(excluding bulk sales of such items to commercial or industrial users)” before “, or any product derived” and inserted provisions following subpar. (B) relating to the application of this paragraph where combined gross receipts from the sale of oil, natural gas, or any product derived therefrom, for the taxable year of all retail outlets taken into account do not exceed $5,000,000 and relating to the exclusion of sales made outside the United States. - § 613A(d)(3): Pub. L. 94–455, § 2115(d), inserted provision following subpar. (C) relating to the determination of a significant ownership interest of a corporation, partnership, trust, or estate. ## § 614: Definition of property - § 614(b)(3)(A), § 614(b)(4)(A), § 614(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 614(c)(2): Pub. L. 94–455, §§ 1901(a)(87)(B), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing and “, but the provisions of paragraph (4) shall not apply with respect to such separate property” after “in accordance with paragraphs (1) and (3)”. - § 614(c)(3): Pub. L. 94–455, § 1901(a)(87)(C), among other changes, struck out references to the first taxable year beginning after Dec. 31, 1957, and provisions relating to elections for taxable years beginning before Jan. 1, 1958, relating to election after final regulations, and relating to statute of limitations. - § 614(c): Pub. L. 94–455, § 1901(a)(87)(A)(i), struck out par. (4) which related to a special rule as to deductions under section 615(a) of this title prior to aggregation. ## § 616: Development expenditures - § 616(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 617: Deduction and recapture of certain mining exploration expenditures - § 617(a)(2)(A): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 617(a)(2)(B): Pub. L. 94–455, §§ 1901(a)(89), 1906(b)(13)(A), substituted “may not be revoked unless” for “may not be revoked after the last day of the third month following the month in which the final regulations issued under the authority of this subsection are published in the Federal Register, unless”, and struck out “or his delegate” after “Secretary”. - § 617(b)(2)(A): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 617(d)(1): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 617(d)(2), § 617(e)(2), § 617(g)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 617(h)(1): Pub. L. 94–455, § 1901(b)(21)(C), substituted “and subsection (a) of section 615 (as in effect before the enactment of the Tax Reform Act of 1976)” for “and section 615(a) and the amounts which are or have been treated as deferred expenses under section 615(b)”. - § 617(h): Pub. L. 94–455, § 1901(b)(21)(D), struck out “and all amounts treated as deferred expenses which were paid or incurred” after “amounts deducted” in introductory provisions, redesignated subpar. (C) as (B), and in subpar. (B) as so redesignated, substituted “374(b)(1)” for “373(b)(1)”. Former subpar. (B), which related to the application of par. (2)(B) where the taxpayer would be entitled under section 381(c)(10) to deduct expenses deferred under section 615(b) had the distributor or transferor corporation elected to defer such expenses, was struck out. - § 617(i): Pub. L. 94–455, § 1901(b)(21)(E), added subsec. (i). ## § 631: Gain or loss in the case of timber, coal, or domestic iron ore - § 631(a): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 631(a): Pub. L. 94–455, §§ 1402(b)(1)(I), (3), 1906(b)(13)(A), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977 and struck out “before the beginning of such year” before “) shall be considered as a sale” effective for taxable years beginning after Dec. 31, 1976, and “or his delegate” after “Secretary” wherever appearing. - § 631(b): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 631(b): Pub. L. 94–455, § 1402(b)(1)(I), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 631(c): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 631(c): Pub. L. 94–455, § 1402(b)(1)(I), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 636: Income tax treatment of mineral production payments - § 636(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 641: Imposition of tax - § 641(c): Pub. L. 94–455 added subsec. (c). ## § 642: Special rules for credits and deductions - § 642(a): Pub. L. 94–455, § 1901(b)(1)(H)(i), redesignated former pars. (2) and (3) as (1) and (2), respectively. Former par. (1), relating to the credit against tax for partially tax-exempt interest, was struck out. - § 642(c)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 642(c)(3), § 642(c)(4): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 642(c)(3), § 642(c)(4): Pub. L. 94–455, § 1402(b)(1)(J), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 642(c)(5), § 642(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 642(f): Pub. L. 94–455, §§ 1906(b)(13)(A), 1951(c)(2)(B), 2124(a)(3)(B), substituted “sections 169, 184, 187, 188, and 191” for “sections 168, 169, 184, 187, and 188”, and struck out “or his delegate” after “Secretary”. - § 642(g): Pub. L. 94–455, §§ 1906(b)(13)(A), 2009(d), inserted “(or as an offset against the sales price of property in determining gain or loss)” after “shall not be allowed as a deduction”, and struck out “or his delegate” after “Secretary”. - § 642(h): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 643: Definitions applicable to subparts A, B, C, and D - § 643(a)(6)(C): Pub. L. 94–455, § 1013(c)(1), struck out “created by a United States person” after “foreign trust”. - § 643(a)(6): Pub. L. 94–455, § 1013(c)(2), added subpar. (D). - § 643(d): Pub. L. 94–455, § 1013(e)(2), struck out subsec. (a) which defined a foreign trust created by a United States person. ## § 652: Inclusion of amounts in gross income of beneficiaries of trusts distributing current income only - § 652(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 661: Deduction for estates and trusts accumulating income or distributing corpus - § 661(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 662: Inclusion of amounts in gross income of beneficiaries of estates and trusts accumulating income or distributing corpus - § 662(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 663: Special rules applicable to sections 661 and 662 - § 663(b)(2), § 663(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 664: Charitable remainder trusts - § 664(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 665: Definitions applicable to subpart D - § 665(b): Pub. L. 94–455, § 701(b), (c), inserted provisions that for purposes of sec. 667 the amounts specified in par. (2) of sec. 661(a) not include amounts paid, credited, or required to be distributed to a beneficiary from a trust as income accumulated before the birth of such beneficiary or before such beneficiary reaches 21, and that if the amounts paid, credited, or required to be distributed by the trust for the taxable year do not exceed the income of the trust for such year, there be no accumulation distribution for such year. - § 665(d), § 665(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 665(e)(1): Pub. L. 94–455, § 701(d)(2), struck out provision that preceding taxable year does not include any taxable year of the trust which begins before Jan. 1, 1969, in the case of a capital gain distribution made during a taxable year beginning after Dec. 31, 1968. - § 665: Pub. L. 94–455, § 701(d)(3), struck out subsec. (f) which related to undistributed capital gains, and subsec. (g) which related to capital gain distribution. ## § 666: Accumulation distribution allocated to preceding years - § 666(e): Pub. L. 94–455 added subsec. (e). ## § 667: Treatment of amounts deemed distributed by trust in preceding years - § 667: Pub. L. 94–455, §§ 701(a)(1), 1014(a), substituted provisions relating to the treatment of amounts deemed distributed by trust in preceding years for provisions that no refund or credit be allowed to a trust for any preceding taxable year by reason of a distribution deemed to have been made by such trust in such year under section 666 or 669 and that there be allowed as a credit against the tax imposed by this subtitle on the beneficiary an amount equal to the amount of the taxes deemed distributed to such beneficiary by the trust under sections 666(b) and (c) and 669(d) and (e) during preceding taxable years of the trust on the last day of which the beneficiary was in being, reduced by the amount of the taxes deemed distributed to such beneficiary for such preceding taxable years to the extent that such taxes are taken into account under sections 668(b)(1) and 669(b) in determining the amount of the tax imposed by section 668. See section 666(e) of this title. ## § 668: Interest charge on accumulation distributions from foreign trusts - Enacted 26 U.S.C. § 668. ## § 678: Person other than grantor treated as substantial owner - § 678(b): Pub. L. 94–455 substituted “if the grantor of the trust or a transferor (to whom section 679 applies) is otherwise treated as the owner under the provisions of this subpart other than this section” for “if the grantor of the trust is otherwise treated as the owner under sections 671 to 677, inclusive”. ## § 679: Foreign trusts having one or more United States beneficiaries - Enacted 26 U.S.C. § 679. ## § 683: Use of trust as an exchange fund - § 683: Pub. L. 94–455 substituted provisions relating to use of trust as an exchange fund for provisions setting forth rule that this part applies only to taxable years beginning after Dec. 31, 1953, and ending after the date of the enactment of this title and exceptions thereto. ## § 691: Recipients of income in respect of decedents - § 691(c)(1)(B): Pub. L. 94–455, § 1901(a)(91), struck out provision that this subparagraph applies to same taxable years, and to same extent, as is provided in section 683 of this title. - § 691(c)(2)(A): Pub. L. 94–455, § 2005(a)(4)(A), substituted “Federal and State estate taxes (within the meaning of section 1023(f)(3))” for “the tax imposed on the estate of the decedent or any prior decedent under section 2001 or 2101, reduced by the credits against such tax”. See Repeals note below. - § 691(c)(2)(C): Pub. L. 94–455, § 2005(a)(4)(B), substituted “which bears the same ratio to the estate tax as such net value bears to the value of the gross estate” for “equal to the excess of the estate tax over the estate tax computed without including in the gross estate such net value”. See Repeals note below. - § 691(c)(3): Pub. L. 94–455, § 2006(b)(3), added par. (3). - § 691(d)(3)(A), § 691(d)(3)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 691(e), § 691: Pub. L. 94–455, § 1951(b)(10)(A), redesignated subsec. (f) as (e) and struck out former subsec. (e) relating to certain installment obligations transmitted at death. ## § 692: Income taxes of members of Armed Forces, astronauts, and victims of certain terrorist attacks on death - § 692(b): Pub. L. 94–455 substituted “of members” for “on members” in heading. ## § 702: Income and credits of partner - § 702(a)(1), § 702(a)(2): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 702(a)(1), § 702(a)(2): Pub. L. 94–455, § 1402(b)(1)(L), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 702(a)(7), § 702(a)(8), § 702(a): Pub. L. 94–455, §§ 1901(b)(1)(I)(i), 1906(b)(13)(A), redesignated pars. (8) and (9) as (7) and (8), respectively, and in par. (7), as so redesignated, struck out “or his delegate” after “Secretary”. Former par. (7), which related to partially tax-exempt interest on obligations of the United States or its instrumentalities, was struck out. - § 702(b): Pub. L. 94–455, § 1901(b)(1)(I)(ii), substituted “paragraphs (1) through (7)” for “paragraphs (1) through (8)”. ## § 703: Partnership computations - § 703(a)(2): Pub. L. 94–455, § 2115(c)(2), substituted “wells” for “production subject to the provisions of section 613A(c)”. - § 703(b): Pub. L. 94–455, § 1901(b)(21)(F), struck out “under section 615 (relating to pre-1970 exploration expenditures),” after “of the United States, and any election”. ## § 704: Partner’s distributive share - § 704(a): Pub. L. 94–455, § 213(c)(2), substituted “except as otherwise provided in this chapter” for “except as otherwise provided in this section”. - § 704(b): Pub. L. 94–455, § 213(d), among other changes, substituted “Determination of distributive share” for “Distributive share determined by income or loss ratio” in heading, in provisions preceding par. (1) “the partner’s interest in the partnership (determined by taking into account all facts and circumstances)” for “his distributive share of taxable income or loss of the partnership, as described in section 702(a)(9), for the taxable year”, and in par. (2) provision relating to a lack of substantial economic effect in a partnership agreement for provisions relating to the partnership agreement’s purpose being the avoidance or evasion of taxes. - § 704(c)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 704(d): Pub. L. 94–455, § 213(e), inserted provision relating to the determination of the adjusted basis of a partner’s liability where there is no personal liability and the applicability of such determination where section 465 of this title applies or the principal activity of the partnership is real estate investment. - § 704(f): Pub. L. 94–455, § 213(c)(3)(A), added subsec. (f). ## § 705: Determination of basis of partner’s interest - § 705(a)(3): Pub. L. 94–455, § 2115(c)(3), added par. (3). - § 705(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 706: Taxable years of partner and partnership - § 706(b)(1), § 706(b)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 706(c)(2): Pub. L. 94–455, §§ 213(c)(1), 1906(b)(13)(A), substituted “or with respect to a partner whose interest is reduced (whether by entry of a new partner, partial liquidation of a partner’s interest, gift, or otherwise)” for “or with respect to a partner whose interest is reduced”, in par. (B), and struck out “or his delegate” after “Secretary” in par. (A). ## § 707: Transactions between partner and partnership - § 707(b)(2): Pub. L. 94–455, § 1901(b)(3)(C), substituted “as ordinary income” for “as gain from the sale or exchange of property other than a capital asset”. - § 707(c): Pub. L. 94–455, § 213(b)(3), substituted “and, subject to section 263, for purposes of section 162(a)” for “and section 162(a)”. ## § 709: Treatment of organization and syndication fees - Enacted 26 U.S.C. § 709. ## § 721: Nonrecognition of gain or loss on contribution - § 721: Pub. L. 94–455 designated existing provisions as subsec. (a), added subsec. (a) heading “General rule”, and added subsec. (b). ## § 722: Basis of contributing partner’s interest - § 722: Pub. L. 94–455 inserted “increased by the amount (if any) of gain recognized to the contributing partner at such time” after “at the time of the contribution”. ## § 723: Basis of property contributed to partnership - § 723: Pub. L. 94–455 inserted “increased by the amount (if any) of gain recognized to the contributing partner at such time” after “at the time of the contribution”. ## § 732: Basis of distributed property other than money - § 732(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 735: Character of gain or loss on disposition of distributed property - § 735(a)(1), § 735(a)(2): Pub. L. 94–455 substituted “as ordinary income or as ordinary loss, as the case may be” for “gain or loss from the sale or exchange of property other than a capital asset”. ## § 736: Payments to a retiring partner or a deceased partner’s successor in interest - § 736(b)(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 743: Special rules where section 754 election or substantial built-in loss - § 743(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 751: Unrealized receivables and inventory items - § 751(b)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 751(c): Pub. L. 94–455, §§ 205(b), 1042(c)(2), 1101(d)(2), 1901(a)(93), 2110(a), in second sentence, inserted reference to stock in a DISC (as described in section 992(a)), reference to stock in certain foreign corporations (as described in section 1248), and reference to farm land (as defined in section 1252(a)), franchises, trademarks or trade names (referred to in section 1253(a)), and an oil or gas property (described in section 1254), substituted “1252(a), 1253(a), or 1254(a)” for “or 1252(a)”, and inserted “1248(a),” after “1245(a),” and “995(c),” after “617(d)(1),”. ## § 754: Manner of electing optional adjustment to basis of partnership property - § 754: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 755: Rules for allocation of basis - § 755(a), § 755(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 761: Terms defined - § 761(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 761(e): Pub. L. 94–455, § 213(c)(3)(B), added subsec. (e). ## § 831: Tax on insurance companies other than life insurance companies - § 831(a): Pub. L. 94–455, § 1901(a)(107), substituted “on the taxable income” for “or the taxable income”. - § 831(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 832: Insurance company taxable income - § 832(b)(1), § 832(b)(6): Pub. L. 94–455, § 1901(a)(108), substituted “Association” for “Convention”. - § 832(c)(5)(A): Pub. L. 94–455, § 1901(b)(1)(T), struck out “or to the deductions provided in section 242 for partially tax-exempt interest” after “exchanges of capital assets”. - § 832(c)(12): Pub. L. 94–455, § 1901(b)(1)(U), struck out “partially tax-exempt interest and to” after “and following, relating to”. - § 832(e)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 834: Determination of taxable investment income - § 834(c)(2): Pub. L. 94–455, § 1901(b)(1)(P), struck out “partially tax-exempt interest and” before “dividends received allowed by”. - § 834(c)(5): Pub. L. 94–455, § 1901(a)(105)(A), struck out “(other than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer)” after “purchase or carry obligations”. - § 834(c)(6)(A): Pub. L. 94–455, § 1901(b)(1)(Q), struck out “or to the deduction provided in section 242 for partially tax-exempt interest” after “exchanges of capital assets”. - § 834(c)(7): Pub. L. 94–455, § 1901(b)(1)(R), struck out “partially tax-exempt interest and to” after “and following, relating to”. - § 834(d)(2): Pub. L. 94–455, §§ 1901(a)(105)(B), (b)(1)(S), 1906(b)(13)(A), struck out in subpar. (B) “or his delegate” after “Secretary” and substituted in provisions preceding subpar. (A) “and the deduction provided in subsection (c)(1)” for “, the deduction provided in subsection (c)(1), and the deduction allowed by section 242 (relating to partially tax-exempt interest)” and in provisions following subpar. (B) “No accrual” for “For taxable years beginning after December 31, 1962, no accrual”. ## § 835: Election by reciprocal - § 835(a), § 835(b), § 835(c)(2), § 835(e), § 835(g): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 843: Annual accounting period - § 843: Pub. L. 94–455 inserted provision permitting an insurance company which joins in the filing of a consolidated return to adopt the taxable year of the common parent corporation even though such year is not a calendar year. ## § 851: Definition of regulated investment company - § 851(a)(1): Pub. L. 94–455, § 1901(a)(109)(A), struck out “54 Stat. 789;” before “15 U.S.C. 80a–1 to 80b–2)”. - § 851(b)(1), § 851(b): Pub. L. 94–455, § 1901(a)(109)(B), struck out “which began after December 31, 1941” after “previous taxable year” in par. (1), and “or his delegate” after “Secretary” in par. (4)(B). - § 851(c), § 851(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 852: Taxation of regulated investment companies and their shareholders - § 852(a)(1): Pub. L. 94–455, §§ 1901(b)(6)(B), 2137(a), designated existing provisions as introductory material and subpar. (A) and added subpar. (B). - § 852(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 852(b)(1): Pub. L. 94–455, § 1901(b)(1)(V), struck out provision relating to the computation of the normal tax under section 11 of this title. - § 852(b)(2)(A): Pub. L. 94–455, § 1901(b)(33)(I), substituted “the amount of the net capital gain, if any” for “the excess, if any, of the net long-term capital gain over the short-term capital loss”. - § 852(b)(2)(D): Pub. L. 94–455, § 2137(b), inserted reference to exempt-interest dividends. - § 852(b)(3)(A): Pub. L. 94–455, § 1901(b)(33)(J)(i), among other changes, struck out reference to the sum of the net short-term capital loss. - § 852(b)(3)(B): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 852(b)(3)(B): Pub. L. 94–455, § 1402(b)(1)(N), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 852(b)(3)(C): Pub. L. 94–455, § 1901(a)(110)(A), (b)(33)(J)(ii), substituted “net capital gain” for “excess of the net long-term capital gain over the net short-term capital loss” in two places and struck out provision requiring for purpose of the deduction for capital gains dividends paid, the deductions shall in the case of a taxable year beginning before Jan. 1, 1975, first be made from the amount subject to tax in accordance with section 1201(a)(1)(B), to the extent thereof, and then from the amount subject to tax in accordance with section 1201(a)(1)(A). - § 852(b)(3)(D)(iii): Pub. L. 94–455, § 1901(a)(110)(B)(i), struck out “by 75 percent of so much of such amounts as equals the amount subject to tax in accordance with section 1201(a)(1)(A) and” after “his long term capital gains,” and “(72 percent in the case of a taxable year beginning after December 31, 1969, and before January 1, 1971)” after “by 70 percent” and substituted “section 1201(a)” for “section 1201(a)(1)(B) or (2)”. - § 852(b)(3)(D)(v): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 852(b)(4): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 852(b)(4): Pub. L. 94–455, § 1402(b)(1)(N), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 852(b)(5): Pub. L. 94–455, § 2137(c), added par. (5). - § 852(d): Pub. L. 94–455, § 1901(a)(110)(C), (b)(33)(N), inserted in par. (1) “(15 U.S.C. 80a–1 and following)” after “Investment company Act of 1940” and substituted in provision following par. (2) “capital gain net income” for “net capital gain”. ## § 853: Foreign tax credit allowed to shareholders - § 853(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 855: Dividends paid by regulated investment company after close of taxable year - § 855(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 856: Definition of real estate investment trust - § 856(a): Pub. L. 94–455, §§ 1603(a), 1604(f)(1), (2), in introductory provisions substituted “this title” for “this subtitle” and “a corporation, trust, or association” for “an unincorporated trust or an unincorporated association”, in par. (1) inserted “or directors” after “trustees”, and in par. (4) substituted reference to which is neither (A) a financial institution to which section 585, 586, or 593 applies, nor (B) an insurance company to which subchapter L applies for reference to which does not hold any property primarily for sale to customers in the ordinary course of its trade or business. - § 856(c): Pub. L. 94–455, § 1604(f)(3)(A), in introductory provision substituted “A corporation, trust, or association” for “A trust or association”. - § 856(c)(1): Pub. L. 94–455, §§ 1604(k)(2)(A), 1901(a)(111)(A), struck out reference to which began after Dec. 31, 1960 and inserted reference to such election has not been terminated or revoked under subsec. (g). - § 856(c)(2): Pub. L. 94–455, §§ 1603(c)(2), 1604(a), (c)(1), in introductory provision substituted “95 percent (90 percent for taxable years beginning before January 1, 1980) of its gross income (excluding gross income from prohibited transactions)” for “90 percent of its gross income”, in subpar. (D) inserted reference to which is not property not described in section 1221(1), and added subpar. (G). - § 856(c)(3): Pub. L. 94–455, §§ 1603(c)(1), (3), 1604(c)(1), in introductory provision inserted “(excluding gross income from prohibited transactions) 75 percent of its gross income”, in subpar. (C) inserted reference to which is not property described in section 1221(1), and added subpar. (G). - § 856(c)(4): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 856(c)(4): Pub. L. 94–455, §§ 1402(b)(1)(O), 1604(d), in subpar. (A) provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977, added subpar. (B), and redesignated former subpar. (B) as (C), and in subpar. (C) as so redesignated, substituted “(including interest in real property and interest in mortgages on real property” for “(including interest in real property)” and inserted reference to property which is foreclosure property within the definition of section 856(e). - § 856(c)(6): Pub. L. 94–455, § 1604(e), inserted reference to options to acquire land or improvements thereon, and options to acquire leaseholds of land or improvements thereon. - § 856(c)(6): Pub. L. 94–455, § 1901(a)(111)(B), inserted “(15 U.S.C. 80a–1 and following)” after “, as amended”. - § 856(c)(7): Pub. L. 94–455, § 1602(a), added par. (7). - § 856(d): Pub. L. 94–455, § 1604(b), among other changes, inserted provisions including in definition of rents from real property charges for services customarily furnished or rendered in connection with rental of real property and rent attributable to personal property which is leased under, or in connection with, a lease of real property, provisions relating to the computation of the amount of rent attributable to personal property, and provisions relating to the special rule for certain contingent rents. - § 856(e)(1): Pub. L. 94–455, § 1603(c)(4), inserted provision relating to the exclusion, from definition of foreclosure property, of property acquired by the real estate investment trust or other disposition of property of the trust described in section 1221(1) of this title. - § 856(e)(3), § 856(e)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” each time appearing. - § 856(f): Pub. L. 94–455, § 1604(g), added subsec. (f). - § 856(g): Pub. L. 94–455, § 1604(k)(1), added subsec. (g). ## § 857: Taxation of real estate investment trusts and their beneficiaries - § 857(a): Pub. L. 94–455, §§ 1604(j), (k)(2)(B), 1906(b)(13)(A), substituted “(other than subsection (d) of this section and subsection (g) of section 856)” for “(other than subsection (d) of this section)” in provisions preceding par. (1), in par. (1) redesignated existing subpars. (A) and (B) as cls. (i) and (ii), respectively, of subpar. (A), added subpar. (B), in both cls. (i) and (ii) of subpar. (A) as redesignated raised the percentage to 95 percent for taxable years beginning on and after Jan. 1, 1980, and, in cl. (i) of subpar. (A) as redesignated, inserted provision for the exclusion of net capital gain, and struck out “or his delegate” after “Secretary” in par. (2). - § 857(b)(1): Pub. L. 94–455, § 1901(b)(1)(V), struck out provision that, for purposes of computing the normal tax under section 11, the taxable income and the dividends paid deduction of such real estate investment trust for the taxable year (computed without regard to capital gains dividends) would be reduced by the deduction provided by section 22 (relating to partially tax-exempt interest. - § 857(b)(2): Pub. L. 94–455, §§ 1602(b)(2), 1603(c)(5), 1606(a), (d), 1607(b)(1)(A), (2), struck out subpar. (A) which provided for the exclusion of the excess, if any, of the net long-term capital gain over the net short-term capital loss, and subpar. (E) which prohibited the allowance of the net operating loss deduction provided in section 172, redesignated subpars. (B), (C), (D), and (F) as subpars. (A), (B), (C), and (D), respectively, added subpars. (E) and (F), and in subpar. (B) as redesignated substituted “subparagraph (D)” for “paragraph (F)” and struck out “shall be computed without regard to capital gains dividends and” after “shall be allowed, but”. - § 857(b)(3)(A): Pub. L. 94–455, § 1607(a), substituted provisions setting an alternative tax in case of capital gains under which, if for any taxable year, a real estate investment trust has a net capital gain, then, in lieu of the tax imposed by subsection (b)(1), there is imposed a tax (if such tax is less than the tax imposed by such subsection) to consist of the sum of a tax, computed as provided in subsection (b)(1), on the real estate investment trust taxable income (determined by excluding such net capital gain and by computing the deduction for dividends paid without regard to capital gain dividends), and a tax of 30 percent of the excess of the net capital gain over the deduction for dividends paid (as defined in section 561) determined with reference to capital gains dividends only, for provisions posing a tax for each taxable year determined as provided in section 1201(a), on the excess, if any, of the net long-term capital gain over the sum of the net short-term capital loss and the deduction for dividends paid (as defined in section 561) determined with reference to capital gains dividends only. - § 857(b)(3)(B): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 857(b)(3)(B): Pub. L. 94–455, § 1402(b)(1)(P), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 857(b)(3)(C): Pub. L. 94–455, §§ 1601(c), 1607(b)(3), 1901(a)(112), (b)(33)(K), inserted “; except that, if there is an increase in the excess described in subparagraph (A)(ii) of this paragraph for such year which results from a determination (as defined in section 859(c)), such designation may be made with respect to such increase at any time before the expiration of 120 days after the date of such determination” after “30 days after the close of its taxable year”, substituted “net capital gain” for “excess of the net long-term capital gain over the net short-term capital loss” in provision covering the portion of distributions which shall be capital gain dividends, inserted provision that the net capital gain be deemed not to exceed the real estate investment trust taxable income, and struck out provision which specified the source of deductions for dividends paid in the case of taxable years beginning before Jan. 1, 1975. - § 857(b)(4)(B)(i): Pub. L. 94–455, § 1604(c)(2), inserted reference to subparagraph (G) of section 856(c)(3). - § 857(b)(5): Pub. L. 94–455, § 1602(b)(1), added par. (5). Former par. (5) redesignated (7) and amended. - § 857(b)(6): Pub. L. 94–455, § 1603(b), added par. (6). - § 857(b)(7): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 857(b)(7): Pub. L. 94–455, §§ 1402(b)(1)(P), 1602(b)(1), redesignated par. (5) as (7) and provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 857(d): Pub. L. 94–455, § 1604(f)(3)(B), substituted “a domestic corporation, trust,” for “a domestic unincorporated trust”. - § 857(e): Pub. L. 94–455, § 1605(b)(2), added subsec. (e). ## § 858: Dividends paid by real estate investment trust after close of taxable year - § 858(a): Pub. L. 94–455, §§ 1604(h), 1906(b)(13)(A), inserted “(and specifies in dollar amounts)” after “to the extent the trust elects in such return” and substituted “paid only during such taxable year” for “paid during such taxable year”, and struck out “or his delegate” after “Secretary”. ## § 859: Adoption of annual accounting period - Enacted 26 U.S.C. § 859. ## § 861: Income from sources within the United States - § 861(a)(1): Pub. L. 94–455, §§ 1901(c)(7), 1904(b)(10)(B), struck out “, any Territory, any political subdivision of a Territory,” after “United States” in provisions preceding subpar. (A) and, in subpar. (G), substituted “subsection (c) of section 4912 (as in effect before July 1, 1974)” for “section 4912(c)” and “subsection (c)(2) of such section” for “section 4912(c)(2)”. - § 861(a)(2)(A): Pub. L. 94–455, §§ 1051(h)(3), 1906(b)(13)(A), substituted “other than a corporation which has an election in effect under section 936” for “other than a corporation entitled to the benefits of section 931” and struck out “or his delegate” after “Secretary”. - § 861(a)(2)(D): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 861(a)(5), § 861(a)(6): Pub. L. 94–455, § 1901(b)(26)(A), substituted “sale or exchange” for “sale” in headings and text. - § 861(a)(7): Pub. L. 94–455, § 1036(a), added par. (7). - § 861(c): Pub. L. 94–455, § 1041, struck out provision that subsecs. (a)(1)(A) and (c) would cease to apply effective with respect to amounts paid or credited after Dec. 31, 1976. - § 861(e): Pub. L. 94–455, § 1901(b)(26)(B), substituted “sale, exchange, or other disposition” for “sale or other disposition”. - § 861(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 862: Income from sources without the United States - § 862(a)(5), § 862(a)(6): Pub. L. 94–455, § 1901(b)(26)(C), inserted “or exchange” after “sale”. - § 862(a)(7): Pub. L. 94–455, § 1036(b), added par. (7). ## § 863: Special rules for determining source - § 863(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 863(b): Pub. L. 94–455, §§ 1901(b)(26)(C), (D), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in introductory provisions, and inserted “or exchange” after “sale” in pars. (2) and (3), and “or exchanged” after “sold” in par. (2) wherever appearing. ## § 864: Definitions and special rules - § 864(a): Pub. L. 94–455, § 1901(a)(113)(A), substituted in heading “Produced” for “Sale, etc.” and struck out in text provisions relating to the definition of sale and sold. - § 864(c)(4)(B)(i): Pub. L. 94–455, § 1901(a)(113)(B), substituted “sale or exchange” for “sale”. - § 864(c)(4)(B)(iii): Pub. L. 94–455, § 1901(a)(113)(B), (C), substituted “sold or exchanged” for “sold” and “sale or exchange” for “sale” wherever appearing. - § 864(c)(5)(C): Pub. L. 94–455, § 1901(a)(113)(B), substituted “sale or exchange” for “sale” wherever appearing. ## § 871: Tax on nonresident alien individuals - § 871(a)(1)(C)(i), § 871(a)(1)(C)(ii): Pub. L. 94–455, § 1901(b)(3)(I), substituted “ordinary income” for “gain from the sale or exchange of property which is not a capital asset”. - § 871(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”, each time appearing. - § 871(g): Pub. L. 94–455, § 1012(a)(2), added par. (7). ## § 873: Deductions - § 873(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 874: Allowance of deductions and credits - § 874(a), § 874(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 877: Expatriation to avoid tax - § 877(b)(2), § 877(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 879: Tax treatment of certain community income in the case of nonresident alien individuals - Enacted 26 U.S.C. § 879. ## § 881: Tax on income of foreign corporations not connected with United States business - § 881(a)(3)(A), § 881(a)(3)(B): Pub. L. 94–455 substituted “ordinary income” for “gain from the sale or exchange of property which is not a capital asset”. ## § 882: Tax on income of foreign corporations connected with United States business - § 882(c)(1)(A), § 882(c)(2), § 882(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 896: Adjustment of tax on nationals, residents, and corporations of certain foreign countries - § 896(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 901: Taxes of foreign countries and of possessions of United States - § 901(a): Pub. L. 94–455, §§ 1031(b)(1), 1901(b)(37)(A), struck out “under section 1333 (relating to war loss recoveries) or” after “imposed for the taxable year” and “applicable” after “subject to the”. - § 901(b): Pub. L. 94–455, § 1031(b)(1), struck out “applicable” after “Subject to the”. - § 901(d): Pub. L. 94–455, § 1051(d)(1), struck out provisions relating to corporations receiving a large percentage of their gross receipts from sources within a possession of the United States and a corporation organized under the China Trade Act, 1922 (15 U.S.C. chapter 4). - § 901(g), § 901(h): Pub. L. 94–455, §§ 1051(d)(2), 1901(b)(1)(H)(iii), added subsec. (g), redesignated former subsec. (g) as (h), and, as redesignated, substituted “section 642(a)(1)” for “section 642(a)(2)” in par. (3). ## § 904: Limitation on credit - § 904(a): Pub. L. 94–455, § 1031(a), struck out provisions allowing the per-country limitation, made the overall limitation applicable to all taxpayers to determine their foreign tax credit limitation, and inserted reference to section 901(a). - § 904(b): Pub. L. 94–455, §§ 1031(a), 1034(a), 1051(e), redesignated subsec. (c) as (b)(1), inserted provisions that the net United States capital losses would offset net foreign capital gains and, in the case of corporations, that only 30⁄48 of the net foreign source gain would be included in the foreign tax credit limitation, and that the gain from the sale or exchange of personal property outside the United States would be considered United States source income unless one of three exceptions applied, and added par. (4). - § 904(c): Pub. L. 94–455, § 1031(a), redesignated subsec. (d) as (c), and amended the redesignated subsec. (c) generally to conform to the elimination of the per-country limitation in subsec. (a). Former subsec. (c) redesignated (b)(1). - § 904(d): Pub. L. 94–455, § 1031(a), redesignated subsec. (f)(1), (2), as (d). Former subsec. (d) redesignated (c). - § 904(e): Pub. L. 94–455, § 1031(a), added subsec. (e). Former subsec. (e) was eliminated in view of the amendment of subsec. (a). - § 904(f): Pub. L. 94–455, §§ 1031(a), 1032(a), 1901(b)(10)(B), added subsec. (f), and substituted “section 172(h)” for “section 172(k)(1)” in pars. (2)(B)(i) and (4)(B)(i). Former subsec. (f)(1), (2), was redesignated (d). Former subsecs. (f)(3), (4), (5) were omitted. - § 904(g): Pub. L. 94–455, §§ 1032(a), 503(b)(1), added subsec. (g). Former subsec. (f) redesignated (g), and further redesignated (h). - § 904(h): Pub. L. 94–455, § 503(b)(1), redesignated former subsec. (g) as (h). ## § 905: Applicable rules - § 905(b): Pub. L. 94–455, §§ 1901(a)(114), 1906(b)(13)(A), struck out provision allowing credits to be taken for tax on royalties paid, accrued and derived from sources within the United Kingdom of Britain and Northern Ireland and struck out “or his delegate” after “Secretary”, in two places. - § 905(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in eight places. ## § 907: Special rules in case of foreign oil and gas income - § 907(a): Pub. L. 94–455, § 1035(a), substituted “oil and gas extraction taxes” for “income, war profits, and excess profits taxes” after “the amount of any” and, in par. (2), substituted “the percentage which is the sum of the normal tax rate and the surtax rate for the taxable year specified in section 11” for provisions giving the percentage multiplier for years ending 1975, 1976, and after 1976. - § 907(b): Pub. L. 94–455, §§ 1032(b)(1), 1035(b), inserted provisions making a distinction between corporations and other taxpayers and rules applicable to each and, as amended, struck out provision requiring the overall limitation, rather than the per-country limitation, be applied in the case of a corporation to foreign oil-related income and, a taxpayer other than a corporation, to foreign oil and gas extraction income. - § 907(c)(5): Pub. L. 94–455, § 1035(d)(2), added par. (5). - § 907(e): Pub. L. 94–455, § 1031(b)(6)(A), substituted “(d) and (e) of section 904 (as in effect on the day before the date of enactment of the Tax Reform Act of 1976)” for “(d) and (e) of section 904” after “In applying subsections”. - § 907(e): Pub. L. 94–455, § 1031(b)(6), substituted “(d) and (e) of section 904 (as in effect on the day before the date of enactment of the Tax Reform Act of 1976)” for “(d) and (e) of section 904” after “In applying subsections”, “section 904(a)(1) (as so in effect)” for “section 904(a)(1)” after “provided by section” and, in subpar. (A), “section 904(e)(2) (as so in effect)” for “section 904(e)(2)” after “sentence of section”. - § 907(f): Pub. L. 94–455, §§ 1032(b)(2), 1035(d)(1), added subsec. (f). Former subsec. (f), relating to recapture of foreign oil related loss, was struck out. - § 907: Pub. L. 94–455, §§ 1032(b)(2), 1035(d)(1), 1052(c)(4), struck out subsec. (g) relating to Western Hemisphere trade corporations which are members of an affiliated group. ## § 908: Reduction of credit for participation in or cooperation with an international boycott - Enacted 26 U.S.C. § 908. ## § 911: Citizens or residents of the United States living abroad - § 911(a): Pub. L. 94–455, §§ 1011(b)(1), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in par. (1), and in provisions following par. (2), inserted “or as a credit against the tax imposed by this chapter any credit for the amount of taxes paid or accrued to a foreign country or possession of the United States, to the extent that such deductions or credit is” after “personal exemptions)”. - § 911(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 911(c)(1): Pub. L. 94–455, § 1011(a), reduced the amount excludable from individual’s gross income from $20,000 to $15,000 and $20,000 for employees of charitable organizations, added special rule to be applied to income from charitable sources and other sources combined, inserted definition of “qualified charitable services”, and struck out provisions relating to $25,000 exclusion for individual who has been a bona fide resident in a foreign country for an uninterrupted period of 3 years. - § 911(c): Pub. L. 94–455, § 1901(a)(115), struck out par. (7) relating to certain noncash remuneration from sources outside the United States. - § 911(c): Pub. L. 94–455, § 1011(b)(2), added par. (8). - § 911(d), § 911(e), § 911(f): Pub. L. 94–455, § 1011(b)(3), added subsecs. (d) and (e) and redesignated former subsec. (d) as (f). ## § 931: Income from sources within Guam, American Samoa, or the Northern Mariana Islands - § 931(a): Pub. L. 94–455, § 1051(c)(1), struck out all references to domestic corporations and made subsection applicable only to individual citizens. - § 931(c): Pub. L. 94–455, § 1051(c)(2), substituted “Commonwealth of Puerto Rico, the Virgin Islands of the United States, or Guam” for “Virgin Islands of the United States, and such term when used with respect to citizens of the United States does not include Puerto Rico or Guam” after “does not include the”. - § 931(d): Pub. L. 94–455, §§ 1051(c)(3), 1906(b)(13)(A), substituted “a citizen of the United States” for “persons” after “in the case of” and struck out “or his delegate” after “Secretary”. - § 931: Pub. L. 94–455, §§ 1051(c)(3), 1906(b)(13)(A), substituted “A citizen of the United States” for “Persons” after “Allowance of deductions and credits” and struck out in two places “or his delegate” after “Secretary”. - § 931: Pub. L. 94–455, § 1901(a)(117), redesignated subsec. (i) as (h). Former subsec. (h), relating to the status of a citizen of the United States who has been interned by the enemy, was struck out. ## § 934: Limitation on reduction in income tax liability incurred to the Virgin Islands - § 934(b): Pub. L. 94–455, § 1901(a)(118), struck out “For the purposes of this subsection, all amounts received by such corporation within the United States, whether derived from sources within or without the United States, shall be considered as being derived from sources within the United States”. - § 934: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in two places. ## § 951: Amounts included in gross income of United States shareholders - § 951(a)(1): Pub. L. 94–455 struck out “beginning after December 31, 1962” after “during any taxable year”. ## § 952: Subpart F income defined - § 952(a)(3): Pub. L. 94–455, § 1062(a), added par. (3). - § 952(a)(4): Pub. L. 94–455, § 1065(a)(1), added par. (4). - § 952(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 953: Insurance income - § 953(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 954: Foreign base company income - § 954(b)(4), § 954(b)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 954(b): Pub. L. 94–455, § 1024(a), added par. (7). - § 954(c)(3)(C): Pub. L. 94–455, § 1023(a), added subpar. (C). ## § 956: Investment of earnings in United States property - § 956(b)(2): Pub. L. 94–455, § 1021(a), added subpars. (F) and (G) and redesignated former subpar. (F) as (H). - § 956(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 957: Controlled foreign corporations; United States persons ## § 958: Rules for determining stock ownership - § 958(b): Pub. L. 94–455 inserted “956(b)(2)” after “purposes of sections 951(b), 954(d)(3),”, “to treat the stock of a domestic corporation as owned by a United States shareholder of the controlled foreign corporation for purposes of section 956(b)(2)” after “meaning of section 954(d)(3)” and “Paragraphs (1) and (4) shall not apply for purposes of section 956(b)(2) to treat stock of a domestic corporation as not owned by a United States shareholder” following subpar. (4). ## § 959: Exclusion from gross income of previously taxed earnings and profits - § 959(a), § 959(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 960: Deemed paid credit for subpart F inclusions - § 960(a): Pub. L. 94–455, §§ 1033(b)(2), 1037(a), substituted “bears to the entire amount of the earnings and profits of such foreign corporation for such taxable year” for “bears to–” after “gross income of the domestic corporation”, struck out subpars. (C) and (D) relating to corporations which are and are not less developed country corporations, inserted in subpar. (A) “(hereafter in this subsection referred to as the ‘first foreign corporation’)” after “foreign corporation”, substituted in subpar. (B) “of a second foreign corporation (hereinafter in this subsection referred to as the ‘second foreign corporation’) at least 10 percent of the voting stock of which is owned by the first foreign corporation, or” for “of a foreign corporation at least 50 percent of the voting stock of which is owned by a foreign corporation at least 10 percent of the voting stock of which in turn owned by such domestic corporation” after “(B)”, added subpar. (C), and inserted at end “This paragraph shall not apply with respect to any amount included in the gross income of such domestic corporation attributable to earning and profits of the second foreign corporation or of the third foreign corporation unless, in the case of the second foreign corporation, the percentage-of-voting-stock requirement of section 902(b)(3)(A) is satisfied, and in the case of the third foreign corporation, the percentage-of-voting-stock requirement of section 902(b)(3)(B) is satisfied.” - § 960(b): Pub. L. 94–455, § 1031(b)(1), struck out “applicable” in par. (1) after “amount, the”, in par. (2) after “increase of the”, and in subpar. (A) of par. (2) after “by which the”. ## § 961: Adjustments to basis of stock in controlled foreign corporations and of other property - § 961(a), § 961(b)(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 962: Election by individuals to be subject to tax at corporate rates - § 962(a), § 962(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 964: Miscellaneous provisions - § 964(a): Pub. L. 94–455, §§ 1065(b), 1901(b)(32)(B)(ii), 1906(b)(13)(A), struck out “or his delegate” after “Secretary”, inserted second sentence, and substituted “312(k)(3)” for “312(m)(3)” after “provided in section”. - § 964(b), § 964(c)(1), § 964(c)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” whenever appearing. ## § 970: Reduction of subpart F income of export trade corporations - § 970(a)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 970(b): Pub. L. 94–455, § 1901(b)(27)(A), substituted “treatment (under section 972 as in effect before the date of enactment of the Tax Reform Act of 1976) of two or more controlled foreign corporations which are export trade corporations as a single controlled corporation” for “application of section 972” after “reason of the”. - § 970(c)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in three places. ## § 992: Requirements of a domestic international sales corporation - § 992(a)(2), § 992(b)(1), § 992(b)(3), § 992(c)(2)(B): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 993: Definitions and special rules - § 993(a)(2), § 993(b)(9): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 993(c): Pub. L. 94–455, §§ 1101(b), 1906(b)(13)(A), in par. (1) in provisions following subpar. (C), struck out “or his delegate” after “Secretary”, in par. (2)(B) “or” after “like property”, and in par. (2)(C), substituted “under section 613 or 613A” for “under section 611” after “uranium products)”. - § 993(d)(1)(C): Pub. L. 94–455, § 1101(c)(1), inserted “determined without regard to subparagraph (C) or (D) of subsection (c)(2)” after “export property”. - § 993(d)(2): Pub. L. 94–455, § 1101(c)(2), inserted “(determined without regard to subparagraph (C) or (D) of subsection (c)(2))” after “would be export property”. - § 993(d)(4)(A), § 993(e)(3)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 994: Inter-company pricing rules - § 994(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 995: Taxation of DISC income to shareholders - § 995(b)(1)(C): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231” after “treated as”. - § 995(b)(1)(D), § 995(b)(1)(E): Pub. L. 94–455, § 1101(a)(1), added subpars. (D) and (E) and redesignated former subpars. (D) and (E) as (F) and (G), respectively. - § 995(b)(1)(F): Pub. L. 94–455, §§ 1063(a), 1065(a)(2), 1101(a)(1), redesignated former subpar. (D) as (F), made existing provision cl. (i), added cls. (ii) and (iii), and substituted “(C), (D), and (E)” for “(C)” after “(B), and”. - § 995(b)(1)(G): Pub. L. 94–455, § 1101(a)(1), redesignated former subpar. (E) as (G). - § 995(b)(2)(B): Pub. L. 94–455, § 1101(a)(2), substituted “more than twice the number” for “more than the number” after “no case over”. - § 995(b)(3): Pub. L. 94–455, § 1101(a)(3), added par. (3). - § 995(c): Pub. L. 94–455, § 1101(d)(1), redesignated existing provisions as pars. (1) and (2) and, as redesignated, added subpar. (1)(C). - § 995(d)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 995(e), § 995(f), § 995(g): Pub. L. 94–455, § 1101(a)(4), added subsecs. (e) to (g). ## § 996: Rules for allocation in the case of distributions and losses - § 996(a)(2): Pub. L. 94–455, § 1101(e), inserted at end “In the case of any amount of any actual distribution made pursuant to section 992(c) which is required to satisfy the condition of section 992(a)(1)(A), the preceding sentence shall apply to one-half of such amount, and paragraph (1) shall apply to the remaining one-half of such amount.” - § 996(d): Pub. L. 94–455, § 1901(b)(3)(I), substituted “ordinary income” for “gain from the sale or exchange of property which is not a capital asset” in par. (1)(A) after “dividend or as” and, in par. (2), after “treated as”. ## § 999: Reports by taxpayers; determinations - Enacted 26 U.S.C. § 999. ## § 1001: Determination of amount of and recognition of gain or loss - § 1001(c): Pub. L. 94–455 substituted provision recognizing the entire amount of gain or loss, except as otherwise provided, for provision referring to section 1002 for the determination of the extent of gain or loss to be recognized. ## § 1014: Basis of property acquired from a decedent - § 1014(b)(6), § 1014(b)(7): Pub. L. 94–455, § 1901(c)(8), struck out “Territory,” after “under the community property laws of any State,”. - § 1014(d): Pub. L. 94–455, § 2005(a)(1), substituted provision relating to the applicability of this section to decedents dying after 1976 for provision relating to a special rule with respect to DISC stock. See Repeals note below. ## § 1015: Basis of property acquired by gifts and transfers in trust - § 1015(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in four places. - § 1015(d)(1)(A), § 1015(d)(1)(B): Pub. L. 94–455, § 1901(a)(122), substituted “September 2, 1958” for “the date of enactment of the Technical Amendments Act of 1958”. - § 1015(d)(6): Pub. L. 94–455, § 2005(c), added par. (6). ## § 1016: Adjustments to basis - § 1016(a)(2): Pub. L. 94–455, § 1901(b)(29)(A), inserted “(as in effect before the date of the enactment of the Tax Reform Act of 1976)” after “under section 1020”. - § 1016(a)(10): Pub. L. 94–455, § 1901(b)(21)(G), struck out par. (10) which related to adjustment for the amounts allowed as deductions as deferred expenses under section 615(b) of this title. - § 1016(a)(13): Pub. L. 94–455, § 1901(b)(1)(F)(ii), substituted “section 551(e)” for “section 551(f)”. - § 1016(a)(19): Pub. L. 94–455, § 1901(a)(123), (b)(30)(A), redesignated par. (20) as (19). Former par. (19), which related to adjustment of section 38 property to the extent provided in sections 48(g) and 203 of this title, was struck out. - § 1016(a)(20): Pub. L. 94–455, § 1901(b)(30)(A), redesignated par. (22) as (20). Former par. (20) redesignated (19). - § 1016(a)(21): Pub. L. 94–455, § 1901(b)(30)(A), struck out par. (21) which related to property adjustment to the extent provided in section 1022 of this title. - § 1016(a)(22): Pub. L. 94–455, § 1901(b)(30)(A), redesignated par. (22) as (20). - § 1016(a)(23): Pub. L. 94–455, § 2005(a)(3), added par. (23). See Repeals note below. ## § 1017: Discharge of indebtedness - § 1017: Pub. L. 94–455, §§ 1906(b)(13)(A), 1951(c)(1), substituted “section 108” for “section 108(a)” in three places and struck out “or his delegate” after “Secretary”. ## § 1023: Cross references - § 1023: Pub. L. 94–455, § 1901(a)(127), struck out par. (4) which referred to section 405 of the Defense Production Act of 1950 for rules applicable in case of payments in violation of that Act. ## § 1033: Involuntary conversions - § 1033(a)(2), § 1033(a): Pub. L. 94–455, §§ 1901(a)(128)(A), (B), 1906(b)(13)(A), redesignated par. (3) as (2), struck out in heading “where disposition occurred after 1950” after “Conversion into money”, in provisions preceding subpar. (A) “and the disposition of the converted property (as defined in paragraph (2)) occurred after December 31, 1950,” after “use to the converted property,” and in subpar. (B)(ii) “or his delegate” after “Secretary” wherever appearing, and added subpar. (E). Former par. (2), which related to involuntary conversions into money where dispositions occurred prior to 1951, was struck out. - § 1033(b): Pub. L. 94–455, § 1901(a)(128)(C), (D), redesignated subsec. (c) as (b) and substituted “or section 112(f)(2) of the Internal Revenue Code of 1939” for “or (2)”. Former subsec. (b), which related to application of subsec. (a) in the case of property used by taxpayer as his principal residence, if the destruction, theft, etc., occurred after 1950 and before 1954, was struck out. - § 1033(c), § 1033(d), § 1033(e): Pub. L. 94–455, § 1901(a)(128)(C), redesignated subsecs. (d) to (f) as (c) to (e), respectively. Former subsec. (c) redesignated (b). - § 1033(f): Pub. L. 94–455, §§ 1901(a)(128)(C), (E), (F), 2127(a), 2140(a), redesignated subsec. (g) as (f), in par. (2) struck out provisions relating to conversion of real property before Jan. 1, 1958, and substituted reference to subsection (a)(2)(A) for reference to subsection (a)(3)(A), and added pars. (3) and (4). Former subsec. (f) redesignated (e). - § 1033(g), § 1033(h): Pub. L. 94–455, § 1901(a)(128)(C), redesignated subsec. (h) as (g). Former subsec. (g) redesignated (f). ## § 1037: Certain exchanges of United States obligations - § 1037(b)(1): Pub. L. 94–455 substituted in introductory provisions “section 1232(a)(2)(B)” for “section 1232(a)(2)(A)” and in subpar. (A) “ordinary income” for “gain from the sale or exchange of property which is not a capital asset”. ## § 1038: Certain reacquisitions of real property - § 1038(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 1040: Transfer of certain farm, etc., real property - Enacted 26 U.S.C. § 1040. ## § 1063: Cross references ## § 1091: Loss from wash sales of stock or securities - § 1091: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 1211: Limitation on capital losses - § 1211(b)(1): Pub. L. 94–455, § 1401(a), substituted “the applicable amount” for “$1,000”. - § 1211(b)(2): Pub. L. 94–455, § 1401(b), substituted provision relating to “applicable amount” for prior provision limiting amount of capital losses for married individuals and reading “In the case of a husband or wife who files a separate return, the amount specified in paragraph (1)(B) shall be $500 in lieu of $1,000.” - § 1211(b): Pub. L. 94–455, § 501(b)(6), struck out last sentence “If the taxpayer elects to pay the optional tax imposed by section 3, ‘taxable income’ as used in this subsection shall read as ‘adjusted gross income’.” ## § 1212: Capital loss carrybacks and carryovers - § 1212(a)(1): Pub. L. 94–455, §§ 1403(a), 1901(b)(33)(O), in subpar. (B) inserted introductory text “except as provided in subparagraph (C),” and struck out “(10) taxable years to the extent such loss is attributable to a foreign expropriation capital loss)” after “5 taxable years” and added subpar. (C), and substituted “capital gain net income” for “net capital gains”, “net capital gain” and “net capital gain” in last three sentences, respectively. ## § 1221: Capital asset defined - § 1221: Pub. L. 94–455, § 1901(c)(9), struck out “or Territory,” after “State”. - § 1221: Pub. L. 94–455, § 2132(a), added par. (6). ## § 1222: Other terms relating to capital gains and losses - § 1222(1), § 1222(2), § 1222(3), § 1222(4): Pub. L. 94–455, § 1402(a)(2), provided that “9 months” would be changed to “1 year”. - § 1222(1), § 1222(2), § 1222(3), § 1222(4): Pub. L. 94–455, § 1402(a)(1), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 1222(9): Pub. L. 94–455, § 1901(a)(136)(A), substituted “Capital gain net income” and “capital gain net income” for “Net capital gain” and “net capital gain” in heading and text. - § 1222(11): Pub. L. 94–455, § 1901(a)(136)(B), substituted “Net capital gain” and “net capital gain” for “Net section 1201 gain” and “net section 1201 gain” in heading and text. - § 1222(11): Pub. L. 94–455, § 1402(d), inserted sentence at end relating to length of holding period in case of futures transactions in commodities. ## § 1223: Holding period of property - § 1223(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1223(11): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1223(11): Pub. L. 94–455, § 1402(b)(1)(Q), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 1231: Property used in the trade or business and involuntary conversions - § 1231(a), § 1231(b)(1), § 1231(b)(4): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year” wherever appearing. - § 1231(a), § 1231(b)(1), § 1231(b)(4): Pub. L. 94–455, § 1402(b)(1)(R), provided that in subsecs. (a), first and last sentences, (a)(2), and (b)(1), (4), “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 1233: Gains and losses from short sales - § 1233(b): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1233(b): Pub. L. 94–455, § 1402(b)(1)(T), (2), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 1233(c): Pub. L. 94–455, § 1901(a)(137), substituted “August 16, 1954” for “the date of enactment of this title”. - § 1233(d), § 1233(e)(4)(A)(i): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1233(d), § 1233(e)(4)(A)(i): Pub. L. 94–455, § 1402(b)(1)(T), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 1234: Options to buy or sell - § 1234(a): Pub. L. 94–455, § 2136(a), inserted in heading “in the case of the purchaser”; designated existing provisions as par. “(1) General rule” and substituted “an option” and “the option” for “a privilege or option” and “the option or privilege”; redesignated existing subsec. (b) as par. (2) and substituted “an option” and “the option” for “a privilege or option” and “the privilege or option”; and redesignated existing subsec. (d)(1) to (3) as par. (3)(A) to (C) and substituted in heading and introductory text “Nonapplication” and “subsection” for “Non-application” and “section”, in par. (3)(A) “an option” for “a privilege or option”, in par. (3)(B) “an option”, “such option” and “subsection” for “a privilege or option”, “such privilege or option” and “section” and in par. (3)(C) substituted a period for “; or”. - § 1234(b): Pub. L. 94–455, § 2136(a), added subsec. (b), incorporating provisions of a prior subsec. (c) providing for a special rule for grantors of straddles, par. (1) relating to “gain on lapse” and reading “In the case of gain on lapse of an option granted by the taxpayer as part of a straddle, the gain shall be deemed to be gain from the sale or exchange of a capital asset held for not more than 6 months on the day that the option expired.”; par. (2) relating to “exception” and reading “This subsection shall not apply to any person who holds securities for sale to customers in the ordinary course of his trade or business.”, now covered in subsec. (b)(3); and par. (3) relating to definitions of “straddle” and “security”. - § 1234(b)(1): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1234(b)(1): Pub. L. 94–455, § 1402(b)(1)(U), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 1234(c): Pub. L. 94–455, § 2136(a), struck out provision respecting special rule for grantors of straddles, the paragraphs relating to: (1) gain on lapse; (2) exception, now covered in subsec. (b)(3); and (3) definitions of “straddle” and “security”, such provision now covered generally by subsec. (b) of this section. - § 1234: Pub. L. 94–455, § 2136(a), struck out provision respecting non-application of section, pars. (1) to (3) now covered in subsec. (a)(3)(A) to (C) of this section, and par. (4) providing for such non-application to gain attributable to the sale or exchange of a privilege or option acquired by the taxpayer before Mar. 1, 1954, if in the hands of the taxpayer such privilege or option was a capital asset. ## § 1235: Sale or exchange of patents - § 1235(a): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1235(a): Pub. L. 94–455, § 1402(b)(1)(V), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. ## § 1236: Dealers in securities - § 1236(b): Pub. L. 94–455 substituted “ordinary loss” for “loss from the sale or exchange of property which is not a capital asset”. ## § 1237: Real property subdivided for sale - § 1237(b)(3)(B), § 1237(b)(3)(C): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1237: Pub. L. 94–455, § 1901(a)(138), struck out effective date provision making the section applicable only with respect to sales of property occurring after Dec. 31, 1953, except that for purposes of subsec. (c) defining tract of real property and for determining the number of sales under subsec. (b)(1) of this section, all sales of lots and parcels from any tract of real property during the period of 5 years before Dec. 31, 1953, shall be taken into account, except as provided in subsec. (c). ## § 1239: Gain from sale of depreciable property between certain related taxpayers - § 1239: Pub. L. 94–455 substituted “sale of depreciable property between certain related taxpayers” for “sale of certain property between spouses or between an individual and a controlled corporation” in section catchline. - § 1239(a): Pub. L. 94–455 substituted provisions for transactions between related persons for such transactions (1) between a husband and wife; or (2) between an individual and a corporation more than 80 percent in value of the outstanding stock of which is owned by such individual, his spouse, and his minor children and minor grandchildren and “any gain recognized to the transferee shall be treated as ordinary income if such property is, in the hands of the transferee, subject to the allowance for depreciation provided in section 167” for “any gain recognized to the transferor from the sale or exchange of such property shall be considered as gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 1239(b): Pub. L. 94–455 substituted definition of “related persons” for prior provision making section applicable only to sales or exchanges of depreciable property. - § 1239(c): Pub. L. 94–455 substituted provision respecting constructive ownership of stock for prior provision making section inapplicable with respect to sales or exchanges made on or before May 3, 1951. ## § 1242: Losses on small business investment company stock - § 1242: Pub. L. 94–455 substituted “an ordinary loss” for “a loss from the sale or exchange of property which is not a capital asset”, each time appearing. ## § 1243: Loss of small business investment company - § 1243: Pub. L. 94–455 substituted “an ordinary loss” for “a loss from the sale or exchange of property which is not a capital asset”. ## § 1244: Losses on small business stock - § 1244(a), § 1244(b): Pub. L. 94–455, § 1901(b)(3)(G), substituted “an ordinary loss” for “a loss from the sale or exchange of an asset which is not a capital asset”. - § 1244(c)(1): Pub. L. 94–455, § 1901(b)(1)(W), struck out reference to section 242 of this title. - § 1244(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1244(d)(3): Pub. L. 94–455, § 1901(b)(3)(G), substituted “an ordinary loss” for “a loss from the sale or exchange of an asset which is not a capital asset”. ## § 1245: Gain from dispositions of certain depreciable property - § 1245(a)(1): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 1245(a)(2): Pub. L. 94–455, §§ 2122(b)(3)(B), 2124(a)(2), inserted reference to sections 190 and 191. - § 1245(a)(2): (D). Pub. L. 94–455, §§ 1901(b)(11)(D), 1951(c)(2)(C), 2122(b)(3)(A), (C), 2124(a)(2), in text following subpar. (D): struck out reference to section 187 in two places; inserted “(as in effect before its repeal by the Tax Reform Act of 1976),” after “section 168,” in two places; inserted provision for treatment for purposes of this section of any deduction allowable under section 190 as if it were a deduction allowable for amortization; and inserted reference to section 191 in two places, respectively. - § 1245(a)(3)(D): Pub. L. 94–455, §§ 2122(b)(3)(A), 2124(a)(2), inserted reference to sections 190 and 191. - § 1245(a): Pub. L. 94–455, § 212(b)(1), added par. (4). - § 1245(b)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1245(b)(7): Pub. L. 94–455, § 1901(a)(140), struck out “such organization acquiring such property,” before “such organization”. - § 1245(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 1248: Gain from certain sales or exchanges of stock in certain foreign corporations - § 1248(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1248(b): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1248(b): Pub. L. 94–455, § 1402(b)(1)(Y), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 1248(c)(1): Pub. L. 94–455, §§ 1901(b)(32)(B)(iii), 1906(b)(13(A), substituted “section 312(k)” for “section 312(m)(3)”, and struck out “or his delegate” after “Secretary”. - § 1248(c)(2)(A): Pub. L. 94–455, § 1042(c)(3)(A), substituted “subsection (a) or (f) applies to a sale, exchange, or distribution” for “subsection (a) applies to a sale or exchange”. - § 1248(c)(2)(C): Pub. L. 94–455, § 1042(b), inserted “(or on the date of any sale or exchange of the stock of such other foreign corporation occurring during the 5–year period ending on the date of the sale or exchange of the stock of such foreign corporation, to the extent not otherwise taken into account under this section but not in excess of the fair market value of the stock of such other foreign corporation sold or exchanged over the basis of such stock (for determining gain) in the hands of the transferor)”. § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1248(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1248(d)(3): Pub. L. 94–455, § 1022(a), substituted provisions of par. (3) relating to “Less developed country corporations under prior law” and reading “Earnings and profits of a foreign corporation which were accumulated during any taxable year beginning before January 1, 1976, while such corporation was a less developed country corporation under section 902(d) as in effect before the enactment of the Tax Reduction Act of 1975” for prior par. (3) relating to “Less developed country corporations” and reading “Earnings and profits accumulated by a foreign corporation while it was a less developed country corporation (as defined in section 902(d)), if the stock sold or exchanged was owned for a continuous period of at least 10 years, ending with the date of the sale or exchange, by the United States person who sold or exchanged such stock. In the case of stock sold or exchanged by a corporation, if United States persons who are individuals, estates, or trusts (each of whom owned within the meaning of section 958(a), or were considered as owning by applying the rules of ownership of section 958(b), 10 percent or more of the total combined voting power of all classes of stock entitled to vote of such corporation) owned, or were considered as owning, at any time during the 10-year period ending on the date of the sale or exchange more than 50 percent of the total combined voting power of all classes of stock entitled to vote such corporation, this paragraph shall apply only if such United States persons owned, or were considered as owning, at all times during the remainder of such 10-year period more than 50 percent of the total combined voting power of all classes of stock entitled to vote of such corporation. For purposes of this paragraph, stock owned by a United States person who is an individual, estate, or trust which was acquired by reason of the death of the predecessor in interest of such United States person shall be considered as owned by such United States person during the period such stock was owned by such predecessor in interest, and during the period such stock was owned by any other predecessor in interest if between such United States person and such other predecessor in interest there was no transfer other than by reason of the death of an individual.” - § 1248(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1248(f): Pub. L. 94–455, § 1042(c)(1), added subsec. (f). Former subsec. (f) redesignated (g). - § 1248(g): Pub. L. 94–455, §§ 1042(c)(1), (3)(B), 1901(b)(3)(H), redesignated former subsec. (f) as (g); inserted “(other than an amount treated as a dividend under subsection (f))” in par. (3)(A); and substituted in par. (3)(B) “ordinary income” for “gain from the sale of an asset which is not a capital asset”, respectively. Former subsec. (g) redesignated (h). - § 1248(g): Pub. L. 94–455, § 1402(b)(2), provided that “9 months” would be changed to “1 year”. - § 1248(g): Pub. L. 94–455, § 1402(b)(1)(Y), provided that “6 months” would be changed to “9 months” for taxable years beginning in 1977. - § 1248(h): Pub. L. 94–455, § 1042(c)(1), (3)(C), redesignated former subsec. (g) as (h) and inserted reference to subsec. (f) in two places. ## § 1249: Gain from certain sales or exchanges of patents, etc., to foreign corporations - § 1249(a): Pub. L. 94–455 substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. ## § 1250: Gain from dispositions of certain depreciable realty - § 1250(a): Pub. L. 94–455, § 202(a), in revising text generally, made the following changes: - § 1250(b)(3): Pub. L. 94–455, §§ 1951(c)(2)(C), 2122(b)(4), 2124(a)(3)(D), inserted “(as in effect before its repeal by the Tax Reform Act of 1976)” after “section 168” and reference to sections 190 and 191. - § 1250(d)(4)(B): Pub. L. 94–455, § 1901(b)(31)(A), substituted reference to section “1033(a)(2)(A)” for “1033(a)(3)(A)”. - § 1250(d)(4)(C): Pub. L. 94–455, § 1901(b)(31)(B), substituted reference to section “1033(a)(2)” for “1033(a)(3)”. - § 1250(d)(4)(D): Pub. L. 94–455, §§ 1901(b)(31)(B), (E), 1906(b)(13)(A), substituted reference to sections “1033(a)(2)” and “1033(b)” for “1033(a)(3)” and “1033(c)”, respectively, and struck out “or his delegate” after “Secretary”. - § 1250(d)(5), § 1250(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1250(d): Pub. L. 94–455, § 202(b), added par. (10). - § 1250(f)(1): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 1250(f)(2): Pub. L. 94–455, § 202(c)(1), substituted introductory text “the sum of a series of amounts determined for the periods set forth in subsection (a), with the amount for any such period being determined by multiplying” for “the sum of—(A) the amount (if any) determined by multiplying”; substituted subpar. (A) as combined text for prior subpars. (A)(i) and (B)(i) reading “(i) the amount which bears the same ratio to the lower of the amounts specified in subparagraph (A) or (B) of subsection (a)(1) for the section 1250 property as the additional depreciation for such element attributable to periods after December 31, 1969, bears to the sum of the additional depreciation for all elements attributable to periods after December 31, 1969, by” and “(i) the amount which bears the same ratio to the lower of the amounts specified in subsection (a)(2)(A)(i) or (ii) for the section 1250 property as the additional depreciation for such element attributable to periods before January 1, 1970, bears to the sum of the additional depreciation for all elements attributable to periods before January 1, 1970, by”; and substituted subpar. (B) as combined text for prior subpars. (A)(ii) and (B)(ii), inserting therein “for such period” after “for such element”. - § 1250(g): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 1250(g): Pub. L. 94–455, § 202(c)(2), substituted “shall be determined in a manner similar to that provided by subsection (f)(2).” for “shall be the amount determined by multiplying— - § 1250(h): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 1252: Gain from disposition of farm land - § 1252(a)(1): Pub. L. 94–455, § 1901(b)(3)(K), substituted “ordinary income” for “gain from the sale or exchange of property which is neither a capital asset nor property described in section 1231”. - § 1252(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 1253: Transfers of franchises, trademarks, and trade names - § 1253(d)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 1254: Gain from disposition of interest in oil, gas, geothermal, or other mineral properties - Enacted 26 U.S.C. § 1254. ## § 1311: Correction of error - § 1311(b)(2): Pub. L. 94–455, §§ 1901(a)(142), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” and “of the United States” after “Tax Court” wherever appearing. - § 1311(b)(3): Pub. L. 94–455, § 1901(a)(142), struck out “of the United States” after “Tax Court”. ## § 1313: Definitions - § 1313(a)(3), § 1313(a)(4): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 1314: Amount and method of adjustment - § 1314(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 1341: Computation of tax where taxpayer restores substantial amount held under claim of right - § 1341(b)(2): Pub. L. 94–455 struck out provision relating to the applicability of this paragraph where deduction arises out of payments or repayments made pursuant to a price redetermination provision in a subcontract entered into before Jan. 1, 1958. ## § 1351: Treatment of recoveries of foreign expropriation losses - § 1351(a)(2), § 1351(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1351(d)(3): Pub. L. 94–455, § 1031(b)(3), struck out provisions relating to an election to have limitation provided by section 904(a)(2) apply and to revocation of such an election previously made. - § 1351(i): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 1382: Taxable income of cooperatives - § 1382: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 1385: Amounts includible in patron’s gross income - § 1385(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 1385(c)(2)(C): Pub. L. 94–455, § 1901(b)(3)(I), substituted “ordinary income” for “gain from the sale or exchange of property which is not a capital asset”. ## § 1388: Definitions; special rules - § 1388(c)(2)(B)(i): Pub. L. 94–455, § 1901 (a)(153)(A), substituted “October 16, 1962” for “the date of the enactment of the Revenue Act of 1962”. - § 1388(h)(2)(B)(i): Pub. L. 94–455, § 1901(a)(153)(B), substituted “November 13, 1966” for “the date of the enactment of this subsection”. ## § 1401: Rate of tax - § 1401(a): Pub. L. 94–455, § 1901(a)(154)(A), among other changes, substituted provisions relating to a uniform tax rate of 7 percent on self-employment income of every individual for provisions relating to varied tax rate of 5.8 percent of the amount of self-employment income for any taxable year beginning after Dec. 31, 1967, and before Jan. 1, 1969, 6.3 percent for any taxable year beginning after Dec. 31, 1968, and before Jan. 1, 1971, 6.9 percent for any taxable year beginning after Dec. 31, 1970, and before Jan. 1, 1973, and 7.0 percent for any taxable year beginning after Dec. 31, 1972. - § 1401(b): Pub. L. 94–455, § 1901(a)(154)(B), redesignated pars. (3) to (6) as (1) to (4). Former pars. (1) and (2), which related to a 6 percent tax rate on self-employment income for any taxable year beginning after Dec. 31, 1967, and before Jan. 1, 1974, and 1 percent tax rate on self-employment income for any taxable year beginning after Dec. 31, 1972, and before Jan. 1, 1974, were struck out. ## § 1402: Definitions - § 1402(a): Pub. L. 94–455, §§ 1901(b)(1) (I)(iii), (X), 1906(b)(13)(A), substituted, in provisions preceding par. (1) and in two places in cl. (iv) of provisions extending the application of provisions relating to agricultural labor to trade or business carried on by individuals, self-employed or in partnership, “section 702(a)(8)” for “section 702(a)(9)” and struck out in par. (2) “(other than interest described in section 35)” after “unless such dividends and interest” and in par. (10) “or his delegate” after “Secretary”. - § 1402(b)(1): Pub. L. 94–455, § 1901(a)(155)(A), among other changes, struck out provisions spelling out fixed Social Security contributions and benefit base limits on wages paid during taxable years between 1955 through 1974. - § 1402(c)(2)(F): Pub. L. 94–455, § 1207(e)(1)(B), added subpar. (F). - § 1402(g): Pub. L. 94–455, §§ 1901(a)(155)(B), (C), 1906(b)(13)(A), redesignated subsec. (h) as (g), and as so redesignated, struck out in par. (1)(A) “or his delegate” after “Secretary” and in par. (2) provisions relating to individuals who have self-employment income for taxable years ending before Dec. 31, 1967, on or before Dec. 31, 1968, and substituted in par. (2) reference to for which the individual has self-employment income (determined without regard to this subsection or subsection (c)(6)) for reference to ending on or after Dec. 31, 1967 for which he has self-employment income (as so determined). Former subsec. (g), which related to treatment of certain remunerations erroneously reported as net earnings from self-employment, was struck out. - § 1402(h), § 1402(i): Pub. L. 94–455, § 1901(a)(155)(B), redesignated subsec. (i) as (h). Former subsec. (h) redesignated (g). ## § 1441: Withholding of tax on nonresident aliens - § 1441: Pub. L. 94–455 struck out in subsecs. (a), (c)(2), (4), (8), (d), “or his delegate” after “Secretary”. ## § 1442: Withholding of tax on foreign corporations - § 1442(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” in two places. ## § 1443: Foreign tax-exempt organizations - § 1443: Pub. L. 94–455 struck out “or his delegate” after “Secretary” in two places. ## § 1502: Regulations - § 1502: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 1503: Computation and payment of tax - § 1503(a): Pub. L. 94–455, § 1052(c)(5), struck out subsec. (a) designation. - § 1503(b): Pub. L. 94–455, § 1052(c)(5), struck out subsec. (b) which provided for a special rule for application of foreign tax credit when overall limitation applies. - § 1503(b): Pub. L. 94–455, § 1031(b)(4), struck out “and if for the taxable year an election under section 904(b)(1) (relating to election of overall limitation on foreign tax credit) is in effect” after “section 921)”. - § 1503(b): Pub. L. 94–455, § 1901(b)(1)(Y), struck out subpar. (C) which defined “consolidated taxable income”. - § 1503(c): Pub. L. 94–455, § 1507(b)(3), added subsec. (c). ## § 1504: Definitions - § 1504(a): Pub. L. 94–455, § 803(b)(3), substituted “dividends, employer securities within the meaning of section 301(d)(9)(A) of the Tax Reduction Act of 1976, or qualifying employer securities within the meaning of section 4975(e)(8) while such securities are held under an employee stock ownership plan which meets the requirements of section 301(d) of such Act or section 4975(e)(7), respectively” for “dividends” after “preferred as to”. - § 1504(b)(4): Pub. L. 94–455, § 1051(g), substituted “Corporations with respect to which an election under section 936 (relating to possession tax credit) is in effect for the taxable year” for “Corporations entitled to the benefits of section 931, by reason of receiving a large percentage of their income from sources within possessions of the United States” in par. (4). - § 1504(b)(5): Pub. L. 94–455, § 1053(d)(2), struck out par. (5) which included corporations organized under the China Trade Act, 1922, within term “includible corporation”. - § 1504(c): Pub. L. 94–455, § 1507(a), designated existing provisions as provision preceding par. (1) and par. (1), in provision preceding par. (1) as so designated, substituted “Notwithstanding the provisions” for “Despite the provisions”, in par. (1) as so designated, substituted “tax under section 802 shall be treated” for “taxation under the same section of this subtitle shall be considered” and added par. (2). ## § 1552: Earnings and profits - § 1552(a): Pub. L. 94–455, §§ 1901(a)(159), 1906(b)(13)(A), struck out “beginning after December 31, 1953, and ending after the date of enactment of this title” after “group filed for a taxable year”, and “or his delegate” after “Secretary” in two places. ## § 1561: Limitation on accumulated earnings credit in the case of certain controlled corporations - § 1561(a): Pub. L. 94–455, §§ 901(c)(1), 1906(b)(13)(A), inserted “In applying section 11(b)(2), the first $25,000 of taxable income and the second $25,000 of taxable income shall each be allocated among the component members of a controlled group of corporations in the same manner as the surtax exemption is allocated” after “unequal allocation of such amounts” and struck out “or his delegate” after “Secretary” in two places. - § 1561(a): Pub. L. 94–455, § 1901(b)(1)(J)(v), substituted “804(a)(3)” for “804(a)(4)” after “under sections”. ## § 1563: Definitions and special rules - § 1563(b)(4), § 1563(f)(3)(B): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 2001: Imposition and rate of tax - § 2001: Pub. L. 94–455 substituted provisions setting a unified rate schedule for estate and gift taxes ranging from 18 percent for the first $10,000 in taxable transfers to 70 percent of taxable transfers in excess of $5,000,000, with provision for adjustments for gift taxes paid by spouses, for provisions setting an estate tax of 3 percent of the first $5,000 of the taxable estate to 77 percent of the taxable estate in excess of $10,000,000. ## § 2010: Unified credit against estate tax - Enacted 26 U.S.C. § 2010. ## § 2012: Credit for gift tax - § 2012(a): Pub. L. 94–455, § 2001(c)(1)(B), substituted “provided by section 2011 and the unified credit provided by section 2010” for “provided by section 2011”. - § 2012(b): Pub. L. 94–455, § 1902(a)(1)(A), added heading and substituted a comma for a dash after “deduction)” in pars. (2) and (3). - § 2012(c): Pub. L. 94–455, § 1902(a)(1)(B), added heading. - § 2012(d): Pub. L. 94–455, § 1902(a)(1)(C), (D), added headings for subsec. (d) and for pars. (1) and (2). - § 2012(e): Pub. L. 94–455, § 2001(a)(3), added subsec. (e). ## § 2013: Credit for tax on prior transfers - § 2013(b): Pub. L. 94–455, § 2001(c)(1)(C)(i), struck out “and increased by the exemption provided for by section 2052 or section 2106(a)(3), or the corresponding provisions of prior laws, in determining the taxable estate of the transferor for purposes of the estate tax” after “death taxes paid with respect to such estate”. - § 2013(c)(1)(A): Pub. L. 94–455, § 2001(c)(1)(C)(ii), substituted “credits provided for in sections 2010, 2011, 2012, and 2014) computed” for “credits for State death taxes, gift tax, and foreign death taxes provided for in sections 2011, 2012, and 2014) computed”. - § 2013(d)(3): Pub. L. 94–455, § 1902(a)(2), struck out “, or the corresponding provision of prior law,” after “marital deductions)”. - § 2013(f): Pub. L. 94–455, § 2003(c), added subsec. (f). - § 2013: Pub. L. 94–455, § 2006(b)(2), added subsec. (g). ## § 2014: Credit for foreign death taxes - § 2014(b)(2): Pub. L. 94–455, § 2001(c)(1)(G), inserted reference to section 2010 in introductory provisions. - § 2014(c), § 2014(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 2016: Recovery of taxes claimed as credit - § 2016: Pub. L. 94–455 struck out “Territory or” after “any State, any” and “or his delegate” after “Secretary”. ## § 2031: Definition of gross estate - § 2031(c): Pub. L. 94–455 added subsec. (c). ## § 2032A: Valuation of certain farm, etc., real property - Enacted 26 U.S.C. § 2032A. ## § 2035: Adjustments for certain gifts made within 3 years of decedent’s death - § 2035: Pub. L. 94–455 substituted provisions covering adjustments for gifts made within 3 years of decedent’s death for provisions under which transfers by the decedent within 3 years of the decedent’s death were deemed to have been made in contemplation of death and included in the value of the gross estate. ## § 2036: Transfers with retained life estate - § 2036(a): Pub. L. 94–455 provided that, for purposes of par. (1), the retention of voting rights in retained stock be considered to be a retention of the enjoyment of that stock. ## § 2037: Transfers taking effect at death - § 2037(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 2038: Revocable transfers - § 2038(a)(1): Pub. L. 94–455, § 2001(c)(1)(K)(i), substituted “during the 3-year period ending on the date of the decedent’s death” for “in contemplation of decedent’s death”. - § 2038(a)(2): Pub. L. 94–455, § 2001(c)(1)(K)(ii), substituted “during the 3-year period ending on the date of the decedent’s death” for “in contemplation of his death”. - § 2038: Pub. L. 94–455, § 1902(a)(3), struck out subsec. (c) which covered the effect of a disability in certain cases by relating a mental disability to relinquish a power to a power, the relinquishment of which would be deemed not to be a transfer for purposes of chapter 4 of the Internal Revenue Code of 1939. ## § 2039: Annuities - § 2039: Pub. L. 94–455, § 2009(c)(2), (3), substituted “other payment (other than a lump sum distribution described in section 402(e)(4), determined without regard to the next to the last sentence of section 402(e)(4)(A)) receivable by any beneficiary” for “other payment receivable by any beneficiary” in provisions preceding par. (1) and substituted “For purposes of this subsection, contributions or payments on behalf of the decedent while he was an employee within the meaning of section 401(c)(1) made under a trust or plan described in paragraph (1) or (2) shall, to the extent allowable as a deduction under section 404, be considered to be made by a person other than the decedent and, to the extent not so allowable, shall be considered to be made by the decedent” for “For purposes of this subsection, contributions or payments on behalf of the decedent while he was an employee within the meaning of section 401(c)(1) made under a trust or plan described in paragraph (1) or (2) shall be considered to be contributions or payments made by the decedent” in provisions following par. (4). - § 2039: Pub. L. 94–455, § 2009(c)(1), added subsec. (e). ## § 2040: Joint interests - § 2040: Pub. L. 94–455 designated existing provisions as subsec. (a), added heading for subsec. (a), and added subsec. (b). ## § 2041: Powers of appointment - § 2041(a)(2): Pub. L. 94–455 struck out provision that a disclaimer or renunciation of a power of appointment not be deemed a release of that power. ## § 2042: Proceeds of life insurance - § 2042: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 2045: Prior interests - § 2045: Pub. L. 94–455 substituted “specifically provided by law” for “specifically provided therein”. ## § 2046: Disclaimers - Enacted 26 U.S.C. § 2046. ## § 2053: Expenses, indebtedness, and taxes - § 2053(d)(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary” in provisions preceding subpar. (A) and following subpar. (B) and struck out “or Territory” after “a State” in subpar. (A). ## § 2055: Transfers for public, charitable, and religious uses - § 2055(a): Pub. L. 94–455, §§ 1307(d)(1)(B)(ii), (C), 1313(b)(2), 1902(a)(12)(A), 2009(b)(4)(B), (C), struck out “(including the interest which falls into any such bequest, legacy, devise, or transfer as a result of an irrevocable disclaimer of a bequest, legacy, devise, transfer, or power, if the disclaimer is made before the date prescribed for the filing of the estate tax return)” after “or transfers” in provisions preceding par. (1), struck out “Territory,” after “State,” in par. (1), inserted “, or to foster national or international amateur sports competition (but only if no part of its activities involve the provision of athletic facilities or equipment),” after “encouragement of art” and substituted “which is not disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation,” for “no substantial part of the activities of which is carrying on propaganda, or otherwise attempting to influence legislation,” in par. (2), substituted “such trust, fraternal society, order, or association would not be disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation,” for “no substantial part of the activities of such trustee or trustees, or of such fraternal society, order, or association, is carrying on propaganda, or otherwise attempting, to influence legislation,” in par. (3), and, in provisions following par. (4), substituted “a qualified disclaimer” for “an irrevocable disclaimer” and “such qualified disclaimer” for “such irrevocable disclaimer”. - § 2055(b): Pub. L. 94–455, § 1902(a)(4)(A), struck out provisions under which a bequest in trust, if the surviving spouse of the decedent was entitled for life to all of the net income from the trust and the surviving spouse had a power of appointment over the corpus of that trust exercisable by will in favor of, among others, organizations described in subsec. (a)(2), could be deemed a transfer to the organization by the decedent under certain conditions. - § 2055(e)(2): Pub. L. 94–455, § 2124(e)(2), substituted “(other than an interest described in section 170(f)(3)(B))” for “(other than a remainder interest in a personal residence or farm or an undivided portion of the decedent’s entire interest in property)” in provisions preceding subpar. (A). - § 2055(e)(3): Pub. L. 94–455, § 1304(a), § 1906(b)(13)(A), substituted “will executed before December 31, 1977,” for “will executed before September 21, 1974,” and “amended or conformed on or before December 31, 1977, or, if later, on or before the 30th day after the date on which judicial proceedings begun on or before December 31, 1977” for “amended or conformed on or before December 31, 1975, or, if later, on or before the 30th day after the date on which judicial proceedings begun on or before December 31, 1975” and struck out “or his delegate” after “Secretary”. - § 2055(f): Pub. L. 94–455, § 1902(a)(4)(B), extended par. (2) by inserting reference to gifts, struck out par. (3) which made a cross reference to section 2 of the Act of Aug. 8, 1946 (60 Stat. 924; 5 U.S.C. 393) for construction of bequests for benefit of the library of the Post Office Department as bequests to or for the use of the United States, redesignated pars. (4)–(11) as (3)–(10), respectively, substituted “For treatment of gifts and bequests for the benefit of the Office of Naval Records and History as gifts or bequests to or for the use of the United States, see section 7222 of title 10, United States Code” for “For exemption of bequests for benefit of Office of Naval Records and Library, Navy Department, see section 2 of the Act of March 4, 1937 (50 Stat. 25; 5 U.S.C. 419b)” in par. (3) as so redesignated, substituted “For treatment of gifts and bequests to or for the benefit of National Park Foundation as gifts or bequests to or for the use of the United States, see section 8 of the Act of December 18, 1967 (16 U.S.C. 191)” for “For exemption of bequests to or for benefit of National Park Service, see section 5 of the Act of July 10, 1935 (49 Stat. 478; 16 U.S.C. 19c)” in par. (4) as so redesignated, and corrected obsolete and inaccurate references in pars. (5)–(10) as so redesignated. ## § 2056: Bequests, etc., to surviving spouse - § 2056(a): Pub. L. 94–455, § 2009(b)(4)(E), substituted “subsections (b) and (c)” for “subsections (b), (c), and (d)”. - § 2056(c)(1): Pub. L. 94–455, § 2002(a), designated existing provisions as subpar. (A), substituted provisions that the aggregate amount of the deductions allowed under this section (computed without regard to this subsection) shall not exceed the greater of $250,000 or 50 percent of the value of the adjusted gross estate as defined in par. (2) for provisions that the aggregate amount of the deductions allowed under this section (computed without regard to this subsection) shall not exceed 50 percent of the value of the adjusted gross estate as defined in par. (2), and added subpars. (B) and (C). - § 2056(c)(2): Pub. L. 94–455, § 1902(a)(12)(A), struck out “Territory,” after “State,” in provisions preceding cl. (i). - § 2056(d), § 2056: Pub. L. 94–455, § 2009(b)(4)(D), redesignated subsec. (e) as (d). Former subsec. (d), which related to disclaimers by the surviving spouse or by other persons, was struck out. ## § 2101: Tax imposed - § 2101: Pub. L. 94–455 redesignated existing provisions as (a) to (d), inserted provisions for adjustments for taxable gifts, revised the tax rate schedule, and struck out provisions relating to property held by Alien Property Custodian. ## § 2102: Credits against tax - § 2102: Pub. L. 94–455 added subsec. (c). ## § 2104: Property within the United States - § 2104(b): Pub. L. 94–455 substituted “and transfers within 3 years of death” for “and transfers in contemplation of death” after “Revocable transfers”. ## § 2106: Taxable estate - § 2106(a)(2)(A)(i): Pub. L. 94–455, § 1902(a)(12)(A), struck out “Territory” after “any State”. - § 2106(a)(2)(A)(ii): Pub. L. 94–455, § 1307(d)(1)(B)(iii), substituted “which is not disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation” for “no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation” after “stockholder or individual”. - § 2106(a)(2)(A)(iii): Pub. L. 94–455, § 1307(d)(1)(C), substituted “such trust, fraternal society, order, or association would not be disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation” for “no substantial part of the activities of such trustee or trustees, or of such fraternal society, order, or association, is carrying on propaganda, or otherwise attempting, to influence legislation” after “children or animals”. - § 2106(a)(2)(F): Pub. L. 94–455, § 1902(a)(5)(A), substituted “Cross references” for “Other cross references” after “(F)”, in cl. (1) “purposes of deduction under this section” for “purpose of deduction under this paragraph” after “valuation for”, in cl. (2) provision for exemption of certain bequests for benefit of United States and for rules of construction for certain bequests, for provisions of cls. (2) to (11) relating to bequests to; Library of Congress, Post Office Department, Office of Naval Records and Library, National Park Service, Department of State, Department of Justice, payment of tax on bequests of United States obligations, Naval Academy, Naval Academy Museum, and National Archives Trust Fund Board, respectively. - § 2106(a)(3): Pub. L. 94–455, § 2001(c)(1)(F), struck out par. (3) relating to specific exemption in case of decedents nonresidents not citizens. - § 2106: Pub. L. 94–455, § 1902(a)(5)(B), struck out subsec. (c) relating to treatment of United States bonds in determining gross estate of a decedent who was not engaged in business in the United States at the time of his death. ## § 2107: Expatriation to avoid tax - § 2107(a): Pub. L. 94–455, § 1902(a)(6), substituted “November 13, 1966” for “the date of enactment of this section” after “dying after”. - § 2107(c): Pub. L. 94–455, § 2001(c)(1)(E)(ii), substituted provisions relating to unified credit for “The tax imposed by subsection (a) shall be credited with the amounts determined in accordance with section 2102.” - § 2107(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 2108: Application of pre-1967 estate tax provisions - § 2108(a): Pub. L. 94–455, § 1902(a)(6), substituted “November 13, 1976” for “the date of enactment of this section” after “on or after”. - § 2108(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 2201: Combat zone-related deaths of members of the Armed Forces, deaths of astronauts, and deaths of victims of certain terrorist attacks ## § 2204: Discharge of fiduciary from personal liability - § 2204(a): Pub. L. 94–455, §§ 1906(b)(13)(A), 2004(f)(6), substituted “6166 or 6166A” for “or 6166” after “6161, 6163” and struck out “or his delegate” in two places after “Secretary”. - § 2204(b): Pub. L. 94–455, §§ 1902(a)(9), 1906(b)(13)(A), 2004(f)(4), (6), substituted “6166 or 6166A” for “or 6166” after “6161, 6163”, “has been” for “has not been” after “payment of which”, and struck out “or his delegate” after “Secretary”. - § 2204(c): Pub. L. 94–455, § 2004(d)(2), added subsec. (c). ## § 2206: Liability of life insurance beneficiaries - § 2206: Pub. L. 94–455 substituted “the taxable estate” for “the sum of the taxable estate and the amount of the exemption allowed in computing the taxable estate, determined under section 2051” after “policies bear to”. ## § 2207: Liability of recipient of property over which decedent had power of appointment - § 2207: Pub. L. 94–455 substituted “the taxable estate” for “the sum of the taxable estate and the amount of the exemption allowed in computing the taxable estate, determined under section 2052, or section 2106(a), as the case may be” after “property bears to”. ## § 2501: Imposition of tax - § 2501(a)(1): Pub. L. 94–455 inserted “for each calendar quarter” after “hereby imposed” and struck out “For the first calendar quarter of calendar year 1971 and each calendar quarter thereafter” after “General rule-”. - § 2501(a)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 2502: Rate of tax - § 2502(a): Pub. L. 94–455 inserted “tentative” after “(1) a” and “(2) a” and substituted in par. (1) “section 2001(c)” for “this subsection” after “set forth in”. ## § 2504: Taxable gifts for preceding calendar periods - § 2504(a): Pub. L. 94–455 inserted “(as in effect before its repeal by the Tax Reform Act of 1976)” after “section 2521” and “ending before January 1, 1977” after “years or calendar quarters” and substituted “of” for “to previous” after “computations in respect”. ## § 2505: Unified credit against gift tax - Enacted 26 U.S.C. § 2505. ## § 2512: Valuation of gifts - § 2512(c): Pub. L. 94–455 added subsec. (c). ## § 2513: Gift by husband or wife to third party - § 2513(b)(1), § 2513(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 2514: Powers of appointment - § 2514(b): Pub. L. 94–455 struck out “A disclaimer or renunciation of such a power of appointment shall not be deemed a release of such power.” ## § 2518: Disclaimers - Enacted 26 U.S.C. § 2518. ## § 2522: Charitable and similar gifts - § 2522(a)(1): Pub. L. 94–455, § 1902(a)(12)(D), struck out “Territory” after “any State”. - § 2522(a)(2): Pub. L. 94–455, §§ 1307(d)(1)(B)(iv), 1313(b)(3), substituted “which is not disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation” for “no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation” after “shareholder or individual” and inserted “or to foster national or international amateur sports competition (but only if no part of its activities involve the provision of athletic facilities or equipment)” after “or educational purposes”. - § 2522(b)(1): Pub. L. 94–455, § 1902(a)(12)(D), struck out “Territory” after “any State”. - § 2522(b)(2): Pub. L. 94–455, § 1307(d)(1)(B)(v), substituted “which is not disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation” for “no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation” after “shareholder or individual”. - § 2522(c)(2): Pub. L. 94–455, § 2124(e)(3), substituted “(other than an interest described in section 170(f)(3)(B))” for “(other than a remainder interest in a personal residence or farm or an undivided portion of the donor’s entire interest in property)” after “an interest in property”. - § 2522(d): Pub. L. 94–455, § 1902(a)(11), substituted subsec. (d) for former subsec. (d), pars. (1) through (10), which dealt with cross references to specific exemptions and rules of construction for gifts to the United States and its instrumentalities. ## § 2523: Gift to spouse - § 2523(a): Pub. L. 94–455 designated existing provisions as par. (1), struck out “one-half of” after “interest equal to”, and added par. (2) relating to limitations on aggregate amount of deductions. - § 2523(f)(1): Pub. L. 94–455, § 1902(a)(12)(E), struck out “Territory” after “any State”. ## § 2601: Tax imposed - Enacted 26 U.S.C. § 2601. ## § 2602: Amount of tax - Enacted 26 U.S.C. § 2602. ## § 2603: Liability for tax - Enacted 26 U.S.C. § 2603. ## § 2611: Generation-skipping transfer defined - Enacted 26 U.S.C. § 2611. ## § 2612: Taxable termination; taxable distribution; direct skip - Enacted 26 U.S.C. § 2612. ## § 2613: Skip person and non-skip person defined - Enacted 26 U.S.C. § 2613. ## § 2621: Taxable amount in case of taxable distribution - Enacted 26 U.S.C. § 2621. ## § 2622: Taxable amount in case of taxable termination - Enacted 26 U.S.C. § 2622. ## § 3101: Rate of tax - § 3101(a): Pub. L. 94–455, § 1903(a)(1)(A), redesignated pars. (5) and (6) as (1) and (2), respectively. Former pars. (1) to (4), which related to a tax rate of 3.8 percent with respect to wages received during the calendar year 1968, a tax rate of 4.2 percent with respect to wages received during the calendar years 1969 and 1970, a tax rate of 4.6 percent with respect to wages received during the calendar years 1971 and 1972, and a tax rate of 4.85 percent with respect to wages received during the calendar year 1973, respectively, were struck out. - § 3101(b): Pub. L. 94–455, § 1903(a)(1)(B), redesignated pars. (3) to (6) as (1) to (4), respectively. Former pars. (1) and (2), which related to a tax rate of .60 percent with respect to wages received during the calendar years 1968, 1969, 1970, 1971, and 1972 and a tax rate of 1.0 percent with respect to wages received during the calendar year 1973, respectively, were struck out. ## § 3102: Deduction of tax from wages - § 3102(c)(3): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 3111: Rate of tax - § 3111(a): Pub. L. 94–455, § 1903(a)(1)(A), redesignated pars. (5) and (6) as (1) and (2). Former pars. (1) to (4), which related to a tax rate of 3.8 percent with respect to wages received during the taxable year 1968, a tax rate of 4.2 percent with respect to wages received during the calendar year 1969 and 1970, a tax rate of 4.6 percent with respect to wages received during the calendar years 1971 and 1972, and a tax rate of 4.85 percent with respect to wages received during the calendar year 1973, respectively, were struck out. - § 3111(b): Pub. L. 94–455, § 1903(a)(1)(B), redesignated pars. (3) to (6) as (1) to (4), respectively. Former pars. (1) and (2), which related to a tax rate of .60 percent with respect to wages received during the calendar years 1968, 1969, 1970, 1971, and 1972 and a tax rate of 1.0 percent with respect to wages received during the calendar year 1973, respectively, were struck out. ## § 3121: Definitions - § 3121(b): Pub. L. 94–455, § 1903(a)(3)(A), substituted “, of whatever nature, performed” for “performed after 1936 and prior to 1955 which was employment for purposes of subchapter A of chapter 9 of the Internal Revenue Code of 1939 under the law applicable to the period in which such service was performed, and any service, of whatever nature, performed after 1954” in introductory text. - § 3121(b)(1): Pub. L. 94–455, § 1903(a)(3)(B), struck out “65 Stat. 119;” before “7 U.S.C. 1461–1468”. - § 3121(b)(6)(B): Pub. L. 94–455, § 1903(a)(3)(C), substituted “Secretary of Transportation” for “Secretary of the Treasury”. - § 3121(b)(12)(B): Pub. L. 94–455, § 1906(b)(13)(C), substituted “to the Secretary of the Treasury” for “to the Secretary”. - § 3121(b)(20): Pub. L. 94–455, § 1207(e)(1)(A), added par. (20). - § 3121(g)(3): Pub. L. 94–455, § 1903(a)(3)(D), struck out “46 Stat. 1550, § 3;” before “12 U.S.C. 1141j”. - § 3121(k): Pub. L. 94–455, § 1903(a)(3)(E), redesignated subpar. (G) as (F). Former subpars. (F) and (H), which related to the right of an organization to request before 1960 to have a certificate effective where such certificate was filed after 1955 but prior to the enactment of this subparagraph and the right of an organization to amend a certificate filed before 1966 to make such certificate effective for an earlier date than had been originally established, respectively, were struck out. - § 3121(k): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 3121(k): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 3121(l)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 3121(l)(2): Pub. L. 94–455, § 1903(a)(3)(F), struck out “, but in no case prior to January 1, 1955” after “specified in the agreement”. - § 3121(l)(4), § 3121(l)(5), § 3121(l)(6), § 3121(l)(7), § 3121(l): Pub. L. 94–455, § 1906(b)(13)(a), struck out “or his delegate” after “Secretary” wherever appearing. - § 3121(m)(1): Pub. L. 94–455, § 1903(a)(3)(G), struck out “after December 1956” after “include service performed”. ## § 3122: Federal service - § 3122: Pub. L. 94–455 substituted “Secretary of Transportation” for “Secretary” in two places. ## § 3124: Estimate of revenue reduction - § 3124: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 3125: Returns in the case of governmental employees in States, Guam, American Samoa, and the District of Columbia - § 3125(c): Pub. L. 94–455 substituted “Mayor of the District of Columbia or such agents as he may designate” for “Commissioners of the District of Columbia or such agents as they may designate”. ## § 3201: Rate of tax - § 3201: Pub. L. 94–455 struck out “of the Internal Revenue Code of 1954” after “wages by section 3101(a)”, “of such Code” after “rate imposed by section 3101(b)”, “after September 30, 1973,” after “for services rendered by him”, “of the Internal Revenue Code of 1954” after “as defined in section 3121”, and “after September 30, 1973” after “for any month”. ## § 3202: Deduction of tax from compensation - § 3202(a): Pub. L. 94–455, § 1903(a)(7)(A), struck out provisions relating to the September 30, 1973, qualification on the applicability of provisions of this subsection and “of the Internal Revenue Code of 1954” before “for any month” wherever appearing. - § 3202(b): Pub. L. 94–455, § 1903(a)(7)(B), struck out “made” after “to deduct the tax shall be”. - § 3202(c)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 3211: Rate of tax - § 3211(a): Pub. L. 94–455 substituted “3111(a), and 3111(b)” for “3111(a), 3111(b)”, struck out “of the Internal Revenue Code of 1954” before “of so much of the compensation”, “after September 30, 1973,” after “rendered by him”, “of the Internal Revenue Code of 1954” after “as defined in section 3121”, and “after September 30, 1973” after “for any month”. ## § 3221: Rate of tax - § 3221(a): Pub. L. 94–455, §§ 1903(a)(9)(A), 1906(b)(13)(G), struck out provisions relating to the September 30, 1973 qualification on the applicability of provisions of this subsection, “of the Internal Revenue Code of 1954” after “as defined in section 3121” wherever appearing, and “of the Treasury” after “to the Secretary”. - § 3221(b): Pub. L. 94–455, § 1903(a)(9)(B), struck out “, with respect to compensation paid for services rendered after September 30, 1973,” after “shall be increased”, “of the Internal Revenue Code of 1954” after “by section 3111(a)” and “of such Code” after “by section 3111(b)”. - § 3221(c): Pub. L. 94–455, §§ 1903(a)(9)(C), 1906(b)(13)(G), struck out “(1) at the rate of two cents for the period beginning November 1, 1966, and ending March 31, 1970, and (2) commencing April 1, 1970,” after “during any calendar quarter,” , “commencing with the quarter beginning April 1, 1970” after “required for each calendar quarter”, “of the Treasury” after “representatives, and the Secretary” and “of the Treasury” after “shall certify to the Secretary”. ## § 3231: Definitions - § 3231(a): Pub. L. 94–455, §§ 1903(a)(10)(A), 1906(b)(13)(A), struck out “44 Stat. 577;” before “45 U.S.C., chapter 8” and “or his delegate” after “Secretary”, respectively. - § 3231(b): Pub. L. 94–455, § 1903(a)(10)(B), struck out in provisions following par. (4) “50 Stat. 312;” before “45 U.S.C. 228f”. - § 3231(c): Pub. L. 94–455, § 1903(a)(10)(C), struck out “44 Stat. 577;” before “45 U.S.C. chapter 8”. - § 3231(d)(7): Pub. L. 94–455, § 1903(a)(10)(D), struck out “50 Stat. 308;” before “45 U.S.C. 228a”. - § 3231(e)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 3232: Court jurisdiction - § 3232: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 3301: Rate of tax - § 3301: Pub. L. 94–455 substituted “each calendar year” for “the calendar year 1970 and each calendar year thereafter” and struck out provisions relating to the rate of tax in the case of wages paid during the calendar year 1973. ## § 3302: Credits against tax - § 3302(a)(1): Pub. L. 94–455, § 1903(a)(12)(A), struck out “(10-month period in the case of October 31, 1972)” after “ending on October 31 of such year”. - § 3302(b): Pub. L. 94–455, § 1903(a)(12)(B), struck out “(10-month period in the case of October 31, 1972)” after “ending on October 31, of such year” and substituted “12-month period” for “12 or 10–month period, as the case may be,”. - § 3302(c)(2): Pub. L. 94–455, § 1903(a)(12)(C)(i), (ii), redesignated par. (3) as (2), struck out “on or after the date of the enactment of the Employment Security Act of 1960” after “title XII of the Social Security Act”, and substituted “paragraph (1)” for “paragraphs (1) and (2). Former par. (2), which related to the computation of the reduction of the total credits allowable to a taxpayer with respect to advances made to the unemployment account, was struck out. - § 3302(c)(3), § 3302(c): Pub. L. 94–455, § 1903(a)(12)(C)(i), (iii), redesignated par. (4) as (3) and substituted “paragraphs (1) and (2)” for “paragraphs (1), (2), and (3)”. Former par. (3) redesignated (2). - § 3302(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 3302(d)(3): Pub. L. 94–455, § 1903(a)(12)(C)(iv), struck out “or (3)” after “Paragraph (2)”. - § 3302(d)(4), § 3302(d)(5), § 3302(d)(6): Pub. L. 94–455, § 1903(a)(12(C)(v), substituted “subsection (c)(2)” for “subsection (c)(3)”. - § 3302(d)(7): Pub. L. 94–455, § 1903(a)(12)(C)(vi), substituted “subsection (c)(2)(B) or (C)” for “subsection (c)(3)(B) or (C)”. - § 3302(d): Pub. L. 94–455, § 1903(a)(12)(D), struck out par. (8) which provided for a cross reference to section 104 of the Temporary Unemployment Compensation Act of 1958 relating to the reduction of total credits allowable under subsec. (c) of this section. ## § 3303: Conditions of additional credit allowance - § 3303(b)(1), § 3303(b)(2), § 3303(b)(3): Pub. L. 94–455 substituted reference to Secretary of the Treasury for reference to Secretary and reference to 12–month period for reference to 12 or 10-month period, as the case may be, and struck out reference to (10-month period in the case of Oct. 31, 1972) following provisions relating to 12–month period ending Oct. 31. ## § 3304: Approval of State laws - § 3304(a)(3): Pub. L. 94–455, §§ 1903(a)(14)(A), 1906(b)(13)(C), inserted “of the Treasury” after “to the Secretary” and struck out “49 Stat. 640; 52 Stat. 1104, 1105;” before “42 U.S.C. 1104”. - § 3304(c): Pub. L. 94–455, §§ 1903(a)(14)(B), 1906(b)(13)(C), (E), inserted “of the Treasury” after “certify to the Secretary”, substituted “the Secretary of Labor shall” for “the Secretary shall” and struck out “(10-month period in the case of October 31, 1972)” after “to the 12-month period”. ## § 3305: Applicability of State law - § 3305(g): Pub. L. 94–455, § 1903(a)(15)(A), struck out “on or after July 1, 1953,” after “respect to service performed”. - § 3305(h): Pub. L. 94–455, 1903(a)(15)(B), struck out “on or after July 1, 1953, and” after “as to service performed”. - § 3305(j): Pub. L. 94–455, §§ 1903(a)(15)(C), 1906(b)(13)(C), struck out “after December 31, 1971,” after “for any taxable year” and substituted “to the Secretary of the Treasury” for “to the Secretary”. ## § 3306: Definitions - § 3306(c)(9): Pub. L. 94–455, § 1903(a)(16)(A), struck out “52 Stat. 1094, 1095;” before “45 U.S.C. 351”. - § 3306(c)(12)(B): Pub. L. 94–455, § 1906(b)(13)(C), substituted “to the Secretary of the Treasury” for “to the Secretary”. - § 3306(c)(18): Pub. L. 94–455, § 1903(a)(16)(B), inserted “(8 U.S.C. 1101(a)(15)(F) or (J))” after “Immigration and Nationality Act, as amended”. - § 3306(f): Pub. L. 94–455, § 1903(a)(16)(C), struck out “49 Stat. 640; 52 Stat. 1104, 1105;” before “42 U.S.C. 1104”. - § 3306(n): Pub. L. 94–455, § 1903(a)(16)(D), struck out “on or after July 1, 1953,” after “service performed”. ## § 3310: Judicial review - § 3310(d)(2): Pub. L. 94–455, § 1906(b)(13)(F), substituted “the Secretary of Labor’s action” for “the Secretary’s action” in two places. - § 3310: Pub. L. 94–455, § 1906(b)(13)(H), substituted “of the Secretary of Labor” for “of the Secretary”. ## § 3401: Definitions - § 3401(a)(6): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 3401(a)(12)(D): Pub. L. 94–455, § 1501(b)(7), inserted “or 220(a)” after “section 219(a)”. - § 3401(a)(17): Pub. L. 94–455, § 1207(e)(1)(C), added par. (17). - § 3401(c): Pub. L. 94–455, § 1903(c), struck out “Territory” after “a State”. ## § 3402: Income tax collected at source - § 3402(a): Pub. L. 94–455, §§ 401(d)(1), 1906 (b)(13)(A), struck out “or his delegate” after “Secretary”, inserted “With respect to wages paid prior to January 1, 1978” after “by the Secretary”, as amended, and substituted “prescribed under this section which were” for “contained in this subsection as” after “same as the tables”, “1976” for “1975” after “January 1”, and “With respect to wages paid after December 31, 1977, the Secretary shall prescribe new tables which shall be the same as the tables prescribed under this subsection which were in effect on January 1, 1975, except that such tables shall be modified to the extent necessary to reflect the amendments made to subsections (b) and (c) of section 141 by the Tax Reform Act of 1976” for “except that the amounts set forth as amounts of income tax to be withheld with respect to wages paid after April 30, 1975, and before January 1, 1976, shall reflect the full calendar year effect for 1975 of the amendments made by sections 201, 202, 203, and 204 of the Tax Reduction Act of 1975” after “effect on January 1, 1976”, as amended. - § 3402(c)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 3402(c)(6): Pub. L. 94–455, §§ 401(d)(2), 1906(b)(13)(A), substituted “the table for an annual payroll period prescribed pursuant to subsection (a)” for “table 7 contained in subsection (a)” after “basis of the”, as subsec. (c)(6) was in effect on the day before the date of enactment of the Tax Reduction Act of 1975, Pub. L. 94–12, which was approved on Mar. 29, 1975, and struck out “or his delegate” after “Secretary”. - § 3402(f), § 3402(h), § 3402(i), § 3402(j): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 3402(l): Pub. L. 94–455, § 1903(a)(17), substituted “section 2(a)” for “section 2(b)” after “as defined in”. - § 3402(m)(1): Pub. L. 94–455, § 401(d)(3), reenacted subpar. (B) without change. - § 3402(m)(2): Pub. L. 94–455, § 502(b), inserted “(other than paragraph (13) thereof)” after “under section 62”. - § 3402(m)(2), § 3402(m)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 3402(m): Pub. L. 94–455, § 504(c)(3), added subpar. (C). § 1906(b)(13)(A) struck out “or his delegate” after “Secretary”. - § 3402(n), § 3402(p): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 3402(q): Pub. L. 94–455, § 1207(d), added subsec. (q). ## § 3404: Return and payment by governmental employer - § 3404: Pub. L. 94–455 struck out “Territory” after “or a State” and “of such State”. ## § 3501: Collection and payment of taxes - § 3501: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 3504: Acts to be performed by agents - § 3504: Pub. L. 94–455 struck out “or his delegate” after “Secretary” in three places. ## § 4041: Imposition of tax - § 4041(f)(1): Pub. L. 94–455, § 1906(b)(13(A), struck out “or his delegate” after “Secretary”. - § 4041(g): Pub. L. 94–455, §§ 1904(a)(1)(B), 1906(b)(13)(A), designated existing provisions as par. (1), substituted “Other exemptions” for “Exemptions for use as supplies for vessels” after “(g)”, struck out “or his delegate” after “Secretary”, and added pars. (2) to (4) and definition of “nonprofit educational organization”. - § 4041(h): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 4041(i): Pub. L. 94–455, § 1904(a)(1)(C), added subsec. (i) relating to sales by United States. ## § 4071: Imposition of tax - § 4071(b), § 4071(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4073: Exemptions - § 4073: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4083: Definitions; special rule; administrative authority - § 4083: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4101: Registration and bond - § 4101: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4102: Inspection of records by local officers - § 4102: Pub. L. 94–455 struck out “returns, etc.” after “Inspection of records”, “or his delegate” after “Secretary”, “and returns, reports, and statements with respect to such taxes filed with the Secretary or his delegate” after “under this part”, substituted “or a political subdivision of any such State” for “or, Territory or political subdivision thereof or the District of Columbia” after “of any State”, and struck out provision relating to availability and fee for certified copies of statements, returns, or reports filed in Secretary’s office. ## § 4216: Definition of price - § 4216(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 4216(b): Pub. L. 94–455, §§ 1904(a)(2)(B), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in two places in par. (1), and substituted “subsections (a) and (e)” for “subsections (a) and (f)” in pars. (3), (4), and (5), after “or readjustments under”. - § 4216(d), § 4216(e), § 4216: Pub. L. 94–455, § 1904(a)(2)(A), redesignated subsecs. (e) to (g) as (d) to (f), respectively. ## § 4217: Leases - § 4217(d): Pub. L. 94–455 struck out par. (4) relating to special transitional rules applicable to leases. ## § 4218: Use by manufacturer or importer considered sale - § 4218: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4221: Certain tax-free sales - § 4221: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 4222: Registration - § 4222(a), § 4222(b), § 4222(c), § 4222(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 4223: Special rules relating to further manufacture ## § 4227: Cross reference - § 4227: Pub. L. 94–455 struck out pars. (1) and (3) relating to cross references to exemption from tax in case of certain sales to the United States and to administrative provisions of general applicability, respectively. ## § 4253: Exemptions - § 4253(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 4253(i), § 4253(j): Pub. L. 94–455, § 1904(a)(6), added subsecs. (i) and (j). ## § 4261: Imposition of tax - § 4261(a): Pub. L. 94–455, § 1904(a)(7)(A), struck out “which begins after June 30, 1970” after “any person”. - § 4261(b): Pub. L. 94–455, § 1904(a)(7)(A), struck out “which begins after June 30, 1970” after “with transportation”. - § 4261(c): Pub. L. 94–455, § 1904(a)(7)(B), struck out “and begins after June 30, 1970” after “United States”. ## § 4263: Special rules - § 4263(b), § 4263(c), § 4263(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4271: Imposition of tax - § 4271(a): Pub. L. 94–455 struck out “which begins after June 30, 1970” after “of property”. ## § 4272: Definition of taxable transportation, etc. - § 4272(b)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4282: Transportation by air for other members of affiliated group - § 4282(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4293: Exemption for United States and possessions - § 4293: Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary” after “The”. ## § 4371: Imposition of tax - § 4371: Pub. L. 94–455 substituted in par. (1) “4 cents” for “four cents” and “premium paid” for “premium charged”, in pars. (2) and (3) “1 cent” for “one cent” and “premium paid” for “premium charged”, and struck out provision following par. (3) relating to computation of tax on premium paid in lieu of premium charged. ## § 4372: Definitions - § 4372(a): Pub. L. 94–455 substituted “section 4371” for “this subchapter”, and inserted provision that term does not include a foreign government, or municipal or other corporation exercising the taxing power. - § 4372(c): Pub. L. 94–455 substituted “this chapter” for “this subchapter”. ## § 4373: Exemptions - § 4373(1): Pub. L. 94–455 substituted “State, or in the District of Columbia, within” for “State, Territory, or District of the United States within”. ## § 4374: Liability for tax - § 4374: Pub. L. 94–455 substituted in section catchline “Liability for tax” for “Payment of tax” and in text provisions relating to payment of tax on basis of a return and to tax-exempt status of United States and its agencies and instrumentalities for provisions relating to placing of stamps on any policy, indemnity bond, or annuity contract referred to in section 4371 and to regulation by Secretary that tax be paid on basis of a return. ## § 4401: Imposition of tax - § 4401(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4402: Exemptions - § 4402(3): Pub. L. 94–455, among other changes, substituted in heading “State-conducted lotteries, etc.” for “State-conducted sweepstakes.”, and struck out provision that no tax be imposed on any wager placed in a sweepstakes, wagering pool, or lottery in which the ultimate winners are determined by the results of a horse race. ## § 4412: Registration - § 4412(c): Pub. L. 94–455 substituted “the Secretary may” for “he or his delegate may”. ## § 4424: Disclosure of wagering tax information - § 4424(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 4424(d): Pub. L. 94–455, § 1202(h)(6), substituted “6103(f)” for “6103(d)”. ## § 4482: Definitions - § 4482(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 4482(c)(1): Pub. L. 94–455, § 1904(c), substituted “State and the District of Columbia” for “State, a Territory of the United States, and the District of Columbia”. ## § 4483: Exemptions - § 4483(a), § 4483(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 4483(b): Pub. L. 94–455, § 1906(b)(13)(B), inserted “of the Treasury” after “Secretary”. ## § 4901: Payment of tax - § 4901: Pub. L. 94–455 struck out subsec. (c) which provided that all special taxes should be paid by stamp and made reference to subtitle F for authority of the Secretary to make assessments where special taxes have not been duly paid by stamp. ## § 4905: Liability in case of death or change of location - § 4905(a): Pub. L. 94–455, §§ 1904(a)(20), 1906(b)(13)(A), substituted “spouse or child” for “wife or child” and struck out “or his delegate” after “Secretary” wherever appearing. - § 4905(b): Pub. L. 94–455, § 1904(b)(8)(A), among other changes, struck out reference to section 4804(d) for registration in case of white phosphorous matches and references to subtitle F for other provisions relating to registration. ## § 4911: Tax on excess expenditures to influence legislation - Enacted 26 U.S.C. § 4911. ## § 4940: Excise tax based on investment income - § 4940(c): Pub. L. 94–455 substituted “capital gain net income” for “net capital gain” in par. (1) after “investment income and the”, and in par. (4) after “par. (1) in determining”. ## § 4941: Taxes on self-dealing - § 4941(d)(2)(G)(ii): Pub. L. 94–455, § 1901(b)(8)(H), substituted “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution described in section 151(e)(4)” after “study at an”. - § 4941(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 4942: Taxes on failure to distribute income - § 4942(a)(2)(C): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 4942(e): Pub. L. 94–455, § 1303(a), among other changes, substituted provisions establishing a fixed percentage rate to be used in computing the minimum investment return for any private foundation for provisions establishing a variable applicable percentage rate of 7 percent in 1970 and an applicable rate to be determined by the Secretary after 1970, for use in computing the minimum investment return for any private foundation and inserted provisions relating to reduction in value for blockage or similar factors. - § 4942(f)(2)(D): Pub. L. 94–455, § 1310(a), added subpar. (D). - § 4942(g)(2): Pub. L. 94–455, § 1302(a), among other changes, inserted reference to all taxable years beginning on or after Jan. 1, 1975, requirement that the project will not be completed before the end of the taxable year of the foundation in which the set-aside is made, and subpars. (C) to (E). - § 4942(h)(2), § 4942(j)(2)(B): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 4943: Taxes on excess business holdings - § 4943(c), § 4943(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 4944: Taxes on investments which jeopardize charitable purpose - § 4944(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4945: Taxes on taxable expenditures - § 4945(g): Pub. L. 94–455, §§ 1901(b)(8)(H), 1906(b)(13)(A), struck out in provisions preceding par. (1) “or his delegate” after “Secretary” and substituted in par. (1) “educational organization described in section 170(b)(1)(A)(ii)” for “educational institution described in section 151(e)(4)”. - § 4945(h), § 4945(i): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wher­ever appearing. ## § 4947: Application of taxes to certain nonexempt trusts - § 4947(b)(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4948: Application of taxes and denial of exemption with respect to certain foreign organizations - § 4948(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 4971: Taxes on failure to meet minimum funding standards - § 4971(c), § 4971(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 4973: Tax on excess contributions to certain tax-favored accounts and annuities - § 4973(a)(3): Pub. L. 94–455, §§ 1501(b)(8)(A), 1904(a)(22)(A), substituted “the individual to whom a deduction is allowed for the taxable year under section 219 (determined without regard to subsection (b)(1) thereof) or section 220 (determined without regard to subsection (b)(1) thereof), whichever is appropriate” for “such individual”, effective for taxable years beginning after December 31, 1976 and substituted “such individual” for “the individual to whom a deduction is allowed for the taxable year under section 219 (determined without regard to subsection (b)(1) thereof) or section 220 (determined without regard to subsection (b)(1) thereof), whichever is appropriate”, effective for the first day of the first month which begins more than 90 days after Oct. 4, 1976. - § 4973(b)(1)(B): Pub. L. 94–455, § 1501(b)(8)(B), inserted “or 220” after “under section 219”. - § 4973(b)(2): Pub. L. 94–455, § 1501(b)(8)(C), inserted “or 220” after “under section 219” and “the taxable year and” before “all prior taxable years” and struck out provisions relating to the treatment of contributions out of individual retirement accounts, annuities or bonds to which section 408(d)(4) applied. - § 4973(c): Pub. L. 94–455, § 1904(a)(22)(B), substituted “subsection (a)(2)” for “subsection (a)(3)” in provisions preceding par. (1). ## § 4974: Excise tax on certain accumulations in qualified retirement plans - § 4974(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 4975: Tax on prohibited transactions - § 4975(c), § 4975(d), § 4975(e), § 4975(f): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 4981: Excise tax on undistributed income of real estate investment trusts - Enacted 26 U.S.C. § 4981. ## § 5002: Definitions - § 5002(a)(10): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5004: Lien for tax - § 5004(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”, wherever appearing. ## § 5005: Persons liable for tax - § 5005(c)(2): Pub. L. 94–455 substituted “Such relief from liability shall be effective from the time of removal from the transferor’s bonded premises, or from the time of divestment of interest, whichever is later.” for “Such liability for the tax on distilled spirits shall continue until the distilled spirits are transferred or withdrawn from bonded premises as authorized by law, or until such liability for tax is relieved by reason of the provisions of section 5008(a). Nothing in this paragraph shall relieve any person from any liability imposed by subsection (a) or (b).”. ## § 5006: Determination of tax - § 5006(a), § 5006(b), § 5006(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5007: Collection of tax on distilled spirits - § 5007(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5007(b): Pub. L. 94–455, §§ 1905(b)(2)(A), 1906(b)(13)(A), struck out second sentence “Such tax shall be in addition to any customs duty imposed under the Tariff Act of 1930 (46 Stat. 590; 19 U.S.C., chapter 4), or any subsequent act.” and “or his delegate” after “Secretary” wherever appearing. - § 5007(b), § 5007(c)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 5008: Abatement, remission, refund, and allowance for loss or destruction of distilled spirits - § 5008(b): Pub. L. 94–455, §§ 1905(a)(2)(A), 1906(b)(13)(A), inserted “or by section 7652” after “tax imposed by this chapter” and struck out “or his delegate” after “Secretary”. - § 5008(b): Pub. L. 94–455, §§ 1905(a)(2)(B), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” and inserted “, or under section 7652” after “under subpart B of this part”. - § 5008(c)(1): Pub. L. 94–455, §§ 1905(a)(2)(C), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing and inserted “or under section 7652” after “under section 5001(a)(1)”. - § 5008(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5008(d)(1): Pub. L. 94–455, §§ 1905(a)(2)(C), (D), 1906(b)(13)(A), struck out “on or after July 1, 1959,” after “from bonded premises,” and “or his delegate” after “Secretary” and inserted “or under section 7652” after “under section 5001(a)(1)”. ## § 5041: Imposition and rate of tax - § 5041(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5042: Exemption from tax - § 5042(a)(1), § 5042(a)(2), § 5042(a)(3): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5043: Collection of taxes on wines - § 5043(b): Pub. L. 94–455 substituted “The taxes” for “Except as provided in subsection (a)(3), the taxes”. ## § 5044: Refund of tax on wine - § 5044(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5053: Exemptions - § 5053(a), § 5053(b), § 5053(c), § 5053(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5054: Determination and collection of tax on beer - § 5054(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5054(c), § 5054: Pub. L. 94–455, § 1905(a)(5), redesignated subsec. (d) as (c) and struck out former subsec. (c) respecting stamps or other devices as evidence of payment of tax. ## § 5055: Drawback of tax - § 5055: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5056: Refund and credit of tax, or relief from lia­bility - § 5056(a), § 5056(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5061: Method of collecting tax - § 5061(a): Pub. L. 94–455, §§ 1905(a)(6)(A), 1906(b)(13)(A), struck out last sentence providing for continued payment of taxes by stamp until the Secretary shall by regulation provide for collection of the taxes on the basis of a return and struck out “or his delegate” after “Secretary”. - § 5061(b): Pub. L. 94–455, § 1905(a)(6)(B), substituted the exceptions provisions for discretion method of collection providing that “Whether or not the method of collecting any tax imposed by this part is specifically provided in this part, any such tax may, under regulations prescribed by the Secretary or his delegate, be collected by stamp, coupon, serially-numbered ticket, or the use of tax-stamp machines, or by such other reasonable device or method as may be necessary or helpful in securing collection of the tax.” - § 5061(c): Pub. L. 94–455, § 1905(a)(6)(C), substituted the import duties provision for provision respecting applicability of other provisions of law and reading “All administrative and penalty provisions of this title, insofar as applicable, shall apply to the collection of any tax which the Secretary or his delegate determines or prescribes shall be collected in any manner provided in this section.” - § 5061(d): Pub. L. 94–455, § 1905(b)(2)(E)(iii), struck out subsec. (d) which provided cross reference to section 5689 for penalty and forfeiture for tampering with a stamp machine. ## § 5062: Refund and drawback in case of exportation - § 5062(a), § 5062(b), § 5062(c)(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5064: Losses resulting from disaster, vandalism, or malicious mischief - § 5064(a), § 5064(b), § 5064(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5066: Distilled spirits for use of foreign embassies, legations, etc. - § 5066(a), § 5066(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5111: Eligibility - § 5111: Pub. L. 94–455 struck out “produced in a domestic registered distillery or industrial alcohol plant and withdrawn from bond, or using distilled spirits withdrawn from the bonded premises of a distilled spirits plant,” after “Any person using distilled spirits”. ## § 5112: Registration and regulation - § 5112: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5113: Investigation of claims - § 5113: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5114: Drawback - § 5114: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5121: Recordkeeping by wholesale dealers - § 5121(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 5121(b): Pub. L. 94–455, §§ 1905(c)(1), 1906(b)(13)(A), struck out “or Territory” after “a State”, “Territories” after “States,”, and “or his delegate” after “Secretary”. ## § 5122: Recordkeeping by retail dealers - § 5122(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” in two places. ## § 5123: Preservation and inspection of records, and entry of premises for inspection - § 5123: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5131: Packaging distilled spirits for industrial uses - § 5131(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5171: Establishment - § 5171(b): Pub. L. 94–455, §§ 1905(a)(13)(A), 1906(b)(13)(A), struck out “49 Stat. 978;” before “27 U.S.C. 203, 204” in parenthetical provisions after “Federal Alcohol Administration Act” and struck out “or his delegate” after “Secretary”. - § 5171(b): Pub. L. 94–455, § 1905(a)(13)(B), struck out par. (3) under which persons who were qualified on June 30, 1959, to perform operations for which a permit was required covering operations not required to be covered by a basic permit under the Federal Alcohol Administration Act had been allowed to continue operations pending a reasonable opportunity to make application for a permit. ## § 5172: Application - § 5172: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5173: Bonds - § 5173: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5175: Export bonds - § 5175: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5176: New or renewed bonds - § 5176: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5177: Other provisions relating to bonds - § 5177(b)(2): Pub. L. 94–455 substituted “5601(b)” for “5601(b)(2)”. ## § 5178: Premises of distilled spirits plants - § 5178: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5179: Registration of stills - § 5179(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5179(b)(1): Pub. L. 94–455, § 1905(b)(6)(C), struck out “, 5601(b)(1),” after “5601(a)(1)”. ## § 5180: Signs - § 5180(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5201: Regulation of operations - § 5201(a), § 5201(b), § 5201(c), § 5201(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5202: Supervision of operations - § 5202: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5203: Entry and examination of premises - § 5203(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5204: Gauging - § 5204(a), § 5204(b), § 5204(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5206: Containers - § 5206(a), § 5206(b), § 5206(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5207: Records and reports ## § 5211: Production and entry of distilled spirits - § 5211: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5212: Transfer of distilled spirits between bonded premises - § 5212: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5213: Withdrawal of distilled spirits from bonded premises on determination of tax - § 5213: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5214: Withdrawal of distilled spirits from bonded premises free of tax or without payment of tax - § 5214(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” in introductory provisions and struck out “or Territory” after “State” in par. (2). ## § 5215: Return of tax determined distilled spirits to bonded premises - § 5215(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5221: Commencement, suspension, and resumption of operations - § 5221(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5222: Production, receipt, removal, and use of distilling materials - § 5222(a)(1), § 5222(b), § 5222(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5222(d): Pub. L. 94–455, § 1905(b)(6)(D), struck out “5601(b)(3), 5601(b)(4),” after “5601(a)(8),”. ## § 5223: Redistillation of spirits, articles, and residues - § 5223(a), § 5223(b), § 5223(c), § 5223(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5231: Entry for deposit - § 5231: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5232: Imported distilled spirits - § 5232(a): Pub. L. 94–455 inserted “, or the person bringing such distilled spirits into the United States,” after “and the importer”. ## § 5235: Bottling of alcohol for industrial purposes - § 5235: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5236: Discontinuance of storage facilities and transfer of distilled spirits - § 5236: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5241: Authority to denature - § 5241: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5242: Denaturing materials - § 5242: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5243: Sale of abandoned spirits for denaturation without collection of tax - § 5243: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5271: Permits - § 5271(a), § 5271(b), § 5271(c), § 5271(d), § 5271(e), § 5271(h): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5272: Bonds - § 5272(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5272(b): Pub. L. 94–455, § 1905(c)(3), struck out “and Territories” after “several States”. ## § 5273: Sale, use, and recovery of denatured distilled spirits - § 5273(a), § 5273(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5274: Applicability of other laws - § 5274: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5275: Records and reports - § 5275: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5291: General - § 5291(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5301: General - § 5301(a), § 5301(b), § 5301(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5312: Production and use of distilled spirits for experimental research - § 5312(a), § 5312(b), § 5312(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5313: Withdrawal of distilled spirits from customs custody free of tax for use of the United States - § 5313: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5314: Special applicability of certain provisions - § 5314(a)(2): Pub. L. 94–455, § 1905(a)(18), substituted “section 5001(a)(10)” for “section 5001(a)(4)”. - § 5314(b)(2), § 5314(b)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 5351: Bonded wine cellar - § 5351: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5352: Taxpaid wine bottling house - § 5352: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5353: Bonded wine warehouse - § 5353: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5354: Bond - § 5354: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5356: Application - § 5356: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5357: Premises - § 5357: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5361: Bonded wine cellar operations - § 5361: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5362: Removals of wine from bonded wine cellars - § 5362(a), § 5362(b), § 5362(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 5362(c)(9): Pub. L. 94–455, § 1905(c)(4), struck out “and Territories” after “the several States”. - § 5362(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 5363: Taxpaid wine bottling house operations - § 5363: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5365: Segregation of operations - § 5365: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5366: Supervision - § 5366: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5367: Records - § 5367: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5368: Gauging and marking - § 5368: Pub. L. 94–455 substituted “Gauging and marking” for “Gauging, marking, and stamping” in section catchline, substituted “Marking” for “Stamping” in heading for subsec. (b), and, in text of subsec. (b), substituted “marks and labels” for “marks, labels, and stamps” and struck out “or his delegate” after “Secretary” wherever appearing. ## § 5369: Inventories - § 5369: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5370: Losses - § 5370: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5372: Sampling - § 5372: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5373: Wine spirits - § 5373: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5382: Cellar treatment of natural wine - § 5382: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5386: Special natural wines - § 5386: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5387: Agricultural wines - § 5387: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5388: Designation of wines - § 5388: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5392: Definitions - § 5392(f): Pub. L. 94–455 struck out “49 Stat. 990;” before “27 U.S.C. 211”. ## § 5401: Qualifying documents - § 5401: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5402: Definitions - § 5402: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5403: Cross references - § 5403(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5411: Use of brewery - § 5411: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5412: Removal of beer in containers or by pipeline - § 5412: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5413: Brewers procuring beer from other brewers - § 5413: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5414: Transfer of beer between bonded facilities - § 5414: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5415: Records and returns - § 5415(a), § 5415(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5417: Pilot brewing plants - § 5417: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5502: Qualification - § 5502(a), § 5502(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5503: Construction and equipment - § 5503: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5504: Operation - § 5504(a), § 5504(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5505: Applicability of provisions of this chapter - § 5505(i): Pub. L. 94–455 struck out “5601(b)(1),” after “5601(a)(1), (6), and (12),”. ## § 5511: Establishment and operation - § 5511(3): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5551: General provisions relating to bonds - § 5551(a): Pub. L. 94–455, § 1906(b)(13)(B), substituted “Secretary of the Treasury” for “Secretary”. - § 5551(b): Pub. L. 94–455, §§ 1905(c)(5), 1906(b)(13)(B), substituted “Secretary of the Treasury” for “Secretary” in provisions preceding par. (1) and struck out “Territory, or” after “State,” in par. (2). - § 5551(c): Pub. L. 94–455, § 1906(b)(13)(B), substituted “Secretary of the Treasury” for “Secretary”. ## § 5552: Installation of meters, tanks, and other apparatus - § 5552: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5553: Supervision of premises and operations - § 5553(a), § 5553(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5554: Pilot operations - § 5554: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5555: Records, statements, and returns - § 5555(a), § 5555(b), § 5555(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5556: Regulations - § 5556: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5557: Officers and agents authorized to investigate, issue search warrants, and prosecute for violations - § 5557(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5559: Determinations - § 5559: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5561: Exemptions to meet the requirements of the national defense - § 5561: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5562: Exemptions from certain requirements in cases of disaster - § 5562: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5601: Criminal penalties - § 5601(a)(7): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5601(b): Pub. L. 94–455, § 1905(a)(22), struck out par. (1) relating to presumptions in the matter of unregistered stills, par. (3) relating to presumptions in the matter of unlawful production, removal, or use of material fit for production of distilled spirits, and par. (4) relating to presumptions in the matter of unlawful production of distilled spirits, and struck out the number designation “(2)” and heading for former par. (2), leaving only the text for former par. (2) relating to presumptions in the matter of failure or refusal of distiller or rectifier to give bond. ## § 5609: Destruction of unregistered stills, distilling apparatus, equipment, and materials - § 5609(a), § 5609(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5662: Penalty for alteration of wine labels - § 5662: Pub. L. 94–455 struck out “or his delegate” after “Secretary” and “stamp,” before “mark,”. ## § 5685: Penalty and forfeiture relating to possession of devices for emitting gas, smoke, etc., explosives and firearms, when violating liquor laws - § 5685(a): Pub. L. 94–455, § 1905(a)(23)(A), (c)(6), struck out “Territory or” after “United States, or of any” and substituted “section 5845” for “section 5848”. - § 5685(c): Pub. L. 94–455, § 1905(a)(23)(B), substituted “section 5872” for “section 5862”. - § 5685(d): Pub. L. 94–455, § 1905(a)(23)(C), substituted “means a machinegun as defined in section 5845(b)” for “means any weapon which shoots, or is designed to shoot, automatically or semiautomatically, more than one shot, without manual reloading, by a single function of the trigger”. ## § 5688: Disposition and release of seized property - § 5688(a)(5), § 5688(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5701: Rate of tax - § 5701(a): Pub. L. 94–455, § 2128(a), substituted provisions setting a tax of 8½ percent of the wholesale price, but not more than $20 per thousand, on cigars weighing more than 3 pounds per thousand for provisions setting the tax according to a graduated table running from $2.50 per thousand for large cigars if removed to retail at not more than 2½ cents each to $20 per thousand if removed to retail at more than 20 cents each, and struck out provisions that, in determining the retail price, for tax purposes, regard be had to the ordinary retail price of a single cigar in its principal market, exclusive of any State or local taxes imposed on cigars as a commodity, and that, for purposes of that determination, the amount of State or local tax excluded from the retail price be the actual tax imposed, except that, if the combined taxes resulted in a numerical figure ending in a fraction of a cent, the amount so excluded would be rounded to the next highest full cent unless such rounding would result in a tax lower than the tax which would be imposed in the absence of State or local tax. - § 5701(e): Pub. L. 94–455, § 1905(a)(24), inserted “, unless such import duties are imposed in lieu of internal revenue tax” after “such articles”. ## § 5702: Definitions - § 5702(k): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5702(m): Pub. L. 94–455, § 2128(b), added subsec. (m). ## § 5703: Liability for tax and method of payment - § 5703(a): Pub. L. 94–455, § 1905(a)(25)(A), directed that all provisions of chapter 52 applicable to tobacco products and cigarette papers and tubes in bond be applicable to such articles returned to bond upon withdrawal from the market or returned to bond after previous removal for a tax-exempt purpose. - § 5703(b): Pub. L. 94–455, §§ 1905(a)(25)(B), 1906(b)(13)(A), struck out provisions which had authorized payment of taxes by stamp until regulations could be promulgated to provide for payment by return and struck out “or his delegate” after “Secretary” in three places. - § 5703(c): Pub. L. 94–455, §§ 1905(a)(25)(C), 1906(b)(13)(A), redesignated subsec. (d) as (c) and struck out “or his delegate” after “Secretary”. Former subsec. (c), relating to the use of stamps as evidence of the payment of taxes, was struck out. - § 5703(d), § 5703: Pub. L. 94–455, §§ 1905(a)(25)(C), 1906(b)(13)(A), redesignated subsec. (e) as (d) and struck out “or his delegate” after “Secretary”. Former subsec. (d) redesignated (c). ## § 5704: Exemption from tax - § 5704(a), § 5704(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5704(c), § 5704(d): Pub. L. 94–455, §§ 1905(a)(26), 1906(b)(13)(A), inserted “or to the proprietor of an export warehouse” after “to a manufacturer of tobacco products or cigarette papers and tubes” and struck out “or his delegate” after “Secretary”. ## § 5705: Credit, refund, or allowance of tax - § 5705: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5706: Drawback of tax - § 5706: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5708: Losses caused by disaster - § 5708: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5711: Bond - § 5711: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5712: Application for permit - § 5712: Pub. L. 94–455 struck out “or his delegate” after “Secretary” and struck out provision that no person subject to this section, who was lawfully engaged in business on the date of the enactment of the Excise Tax Technical Changes Act of 1958, be denied the right to carry on that business pending reasonable opportunity to make applications for permit and final action thereon. ## § 5713: Permit - § 5713: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5721: Inventories - § 5721: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5722: Reports - § 5722: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5723: Packages, marks, labels, and notices - § 5723: Pub. L. 94–455, § 1905(a)(28)(A), substituted “and notices” for “notices, and stamps” in section catchline. - § 5723(a), § 5723(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5723(b): Pub. L. 94–455, §§ 1905(a)(28)(B), 1906(b)(13)(A), struck out references to stamps in heading and in text and struck out “or his delegate” after “Secretary”. ## § 5732: Payment of tax - § 5732(c): Pub. L. 94–455 substituted provisions under which the special taxes would be paid on the basis of a return for provisions under which the special taxes were paid by stamps denoting the tax. ## § 5733: Provisions relating to liability for occupational taxes - § 5733(d)(4): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5741: Records to be maintained - § 5741: Pub. L. 94–455 inserted reference to importers, struck out “or his delegate” after “Secretary”, and provided that the required records be available for inspection by any internal revenue officer during business hours. ## § 5751: Purchase, receipt, possession, or sale of tobacco products and cigarette papers and tubes, after removal - § 5751(a)(2), § 5751(a)(3): Pub. L. 94–455 substituted “and notices” for “notices, and stamps”. ## § 5752: Restrictions relating to marks, labels, notices, and packages - § 5752: Pub. L. 94–455 struck out reference to stamps in the section catchline and in the text and struck out provisions which had enumerated violations involving the misuse of tax stamps. ## § 5753: Disposal of forfeited, condemned, and abandoned tobacco products, and cigarette papers and tubes - § 5753: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5762: Criminal penalties - § 5762(a)(6): Pub. L. 94–455 redesignated par. (7) as (6), and in par. (6) as so redesignated substituted “or notices” for “notices, or stamps” and “section 5752;” for “section 5752(a); or”. Former par. (6), relating to the affixing of improper stamps, was struck out. - § 5762(a): Pub. L. 94–455 redesignated par. (7) as (6). - § 5762(a): Pub. L. 94–455 struck out pars. (8) to (11) which related to emptying packages without destroying stamps, possessing emptied packages bearing stamps, refilling packages bearing stamps, and detaching stamps or possessing used stamps. ## § 5763: Forfeitures - § 5763(a)(2): Pub. L. 94–455, § 1905(b)(7)(C)(i), substituted “and notices” for “notices, and stamps”. - § 5763(b): Pub. L. 94–455, § 1905(b)(7)(C)(ii), struck out “internal revenue stamps,” after “packages,”. ## § 5802: Registration of importers, manufacturers, and dealers - § 5802: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5811: Transfer tax - § 5811(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5812: Transfers - § 5812(a), § 5812(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5821: Making tax - § 5821(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5822: Making - § 5822: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5841: Registration of firearms - § 5841(a), § 5841(c), § 5841(d), § 5841(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5842: Identification of firearms - § 5842: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5843: Records and returns - § 5843: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5844: Importation - § 5844: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5845: Definitions - § 5845(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 5845(f): Pub. L. 94–455, § 1906(b)(13)(A), (J), struck out “or his delegate” after “shotgun or shotgun shell which the Secretary” and “of the Treasury or his delegate” after “or any other device which the Secretary”. ## § 5851: Special (occupational) tax exemption - § 5851(a), § 5851(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 5852: General transfer and making tax exemption - § 5852(e), § 5852(f): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5853: Transfer and making tax exemption available to certain governmental entities - § 5853(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5854: Exportation of firearms exempt from transfer tax - § 5854: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 5872: Forfeitures - § 5872(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6001: Notice or regulations requiring records, statements, and special returns - § 6001: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6011: General requirement of return, statement, or list - § 6011(a), § 6011(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6011(c): Pub. L. 94–455, §§ 1904(b)(10)(A)(ii), 1906(b)(13)(A), redesignated subsec. (e) as (c) and struck out “or his delegate” after “Secretary” wherever appearing. - § 6011(d): Pub. L. 94–455, § 1904(b)(10)(A)(ii), redesignated subsec. (f) as (d). Former subsec. (d), which related to interest equalization tax returns, was struck out. - § 6011(e), § 6011(f): Pub. L. 94–455, § 1904(b)(10)(A)(ii), redesignated subsecs. (e) and (f) as (c) and (d), respectively. ## § 6012: Persons required to make returns of income - § 6012(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out in provisions following par. (7) “or his delegate” after “Secretary”. - § 6012(a)(1)(A), § 6012(a)(1)(B): Pub. L. 94–455, § 401(b)(3), reenacted subpars. (A) and (B) without change. - § 6012(a)(7): Pub. L. 94–455, § 2101(c), added par. (7). - § 6012(b)(5): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6013: Joint returns of income tax by husband and wife - § 6013(b)(2)(C): Pub. L. 94–455, § 1906(a)(1)(A), struck out “of the United States” after “Tax Court”. - § 6013(d): Pub. L. 94–455, § 1906(a)(1)(B), (C), substituted in heading “Special rules” for “Definitions”, in par. (1)(A) “of such year; or” for “of such year; and”, and in par. (1)(B) “of such death;” for “of such death; and”. - § 6013(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6013(f)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6013(g), § 6013(h): Pub. L. 94–455, § 1012(a)(1), added subsecs. (g) and (h). ## § 6014: Income tax return—tax not computed by taxpayer - § 6014(a): Pub. L. 94–455, §§ 501(b)(8), 503(b)(2), 1906(b)(13(A), substituted “entitled to take the standard deduction provided by section 141 (other than an individual described in section 141(e))” for “entitled to elect to pay the tax imposed by section 3” and “take the standard deduction” for “pay the tax imposed by section 3” and struck out provision relating to disallowance of section 37 credit in determination of tax imposed by section 3 of this title, and struck out “or his delegate” after “Secretary”. - § 6014(b): Pub. L. 94–455, §§ 501(b)(9), 503(b)(3), 1906(b)(13)(A), struck out an introductory provision, “or his delegate” after “Secretary”, redesignated former par. (5) as (4), and as so redesignated, inserted reference to where the taxpayer elects the standard deduction but is subject to the provisions of section 141(e) (relating to limitations in case of certain dependent taxpayers). Former par. (4), which related to cases where the taxpayer is entitled to credit provided by section 37 of this title, was struck out. ## § 6018: Estate tax returns - § 6018(a)(1): Pub. L. 94–455, § 2001(c)(1)(J)(i), substituted “$175,000” for “$60,000”. - § 6018(a)(2): Pub. L. 94–455, § 2001(c)(1)(J)(ii), substituted “$60,000” for “$30,000”. - § 6018(a)(3), § 6018(a): Pub. L. 94–455, § 2001(c)(1)(J)(iii), added pars. (3) and (4). - § 6018(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6020: Returns prepared for or executed by Secretary - § 6020: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6021: Listing by Secretary of taxable objects owned by nonresidents of internal revenue districts - § 6021: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6031: Return of partnership income - § 6031: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6033: Returns by exempt organizations - § 6033(a)(1), § 6033(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6033(b): Pub. L. 94–455, §§ 1307(a)(4), 1906(b)(13)(A), struck out in provisions preceding par. (1) “or his delegate” after “Secretary” and added par. (8) and sentence at end. ## § 6034: Returns by certain trusts - § 6034(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6036: Notice of qualification as executor or receiver - § 6036: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6037: Return of S corporation - § 6037: Pub. L. 94–455 substituted “section 1371(b)” for “section 1371(a)(2)” and struck out “or his delegate” after “Secretary”. ## § 6038: Information reporting with respect to certain foreign corporations and partnerships - § 6038(a), § 6038(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6038(b)(1): Pub. L. 94–455, § 1031(b)(5), substituted in subpar. (A) “section 904(c)” for “section 904(d)”. - § 6038(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6039: Returns required in connection with certain options - § 6039(a), § 6039(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6041: Information at source - § 6041(a), § 6041(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6042: Returns regarding payments of dividends and corporate earnings and profits - § 6042: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6043: Liquidating, etc., transactions - § 6043: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6044: Returns regarding payments of patronage dividends - § 6044: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6045: Returns of brokers - § 6045: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6046: Returns as to organization or reorganization of foreign corporations and as to acquisitions of their stock - § 6046(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6046(e): Pub. L. 94–455, § 1906(a)(4), struck out provisions relating to the requirement for information to be furnished in the case of liability to file a return under subsec. (a) of this section arising on or after Jan. 1, 1963, and before June 1, 1963, under regulations in effect on or before June 1, 1963. ## § 6047: Information relating to certain trusts and annuity plans - § 6047(a), § 6047(b), § 6047(c), § 6047(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6047(d): Pub. L. 94–455, § 1501(b)(9), inserted “or 220(a)” after “section 219(a)”. ## § 6048: Information with respect to certain foreign trusts - § 6048: Pub. L. 94–455, § 1013(e)(4), struck out “creation of or transfer to” after “Returns as to” in section catchline. - § 6048(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6048(c), § 6048(d): Pub. L. 94–455, § 1013(d)(1), (e)(3), added subsec. (c), redesignated former subsec. (c) as (d), and in subsec. (d) struck out cross reference to section 643(d) for definition of “foreign trust created by a United States person”. ## § 6049: Returns regarding payments of interest - § 6049(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6049(b)(1), § 6049(b)(2)(A), § 6049(b)(2)(B): Pub. L. 94–455, §§ 1901(b)(6)(A), 1906(b)(13)(A), substituted “section 103(a)” for “section 103(a)(1) or (3)”, and struck out “or his delegate” after “Secretary” wherever appearing. ## § 6050A: Reporting requirements of certain fishing boat operators - Enacted 26 U.S.C. § 6050A. ## § 6051: Receipts for employees - § 6051(a): Pub. L. 94–455, § 1906(a)(5), struck out “and” at end of par. (6), necessitating no change in text, due to Pub. L. 92–603, which made identical amendment in 1972. - § 6051(c), § 6051(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 6052: Returns regarding payment of wages in the form of group-term life insurance - § 6052: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6053: Reporting of tips - § 6053: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6057: Annual registration, etc. - § 6057: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6058: Information required in connection with certain plans of deferred compensation - § 6058(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6059: Periodic report of actuary - § 6059: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6060: Information returns of tax return preparers - Enacted 26 U.S.C. § 6060. ## § 6061: Signing of returns and other documents - § 6061: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6065: Verification of returns - § 6065: Pub. L. 94–455, § 1906(a)(6), struck out provisions relating to the authority of the Secretary or his delegate to require that any return, statement, or other document to be made under provision of the internal revenue laws or regulations shall be verified by an oath. - § 6065: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6071: Time for filing returns and other documents - § 6071(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6072: Time for filing income tax returns - § 6072(e): Pub. L. 94–455, § 1053(d)(3), struck out subsec. (e) which related to income tax due dates postponed in the case of China Trade Act corporations. - § 6072(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6075: Time for filing estate and gift tax returns - § 6075(b): Pub. L. 94–455 designated existing provisions as par. (1) and added pars. (2) and (3). ## § 6081: Extension of time for filing returns - § 6081: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6091: Place for filing returns or other documents - § 6091(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6091(b)(1)(B): Pub. L. 94–455, §§ 1204(c)(3)(A), 1906(b)(13)(A), added cl. (v) and struck out in provision following cl. (v) “or his delegate” after “Secretary”. - § 6091(b)(2)(B): Pub. L. 94–455, § 1503(d)(4), in cl. (ii), struck out provision which permitted returns of a corporation claiming the benefits of section 941 of this title, relating to the special deduction for China Trade corporations, to be made at such place as the Secretary may designate by regulation. - § 6091(b)(2)(B): Pub. L. 94–455, §§ 1052(c)(6), struck out provision which permitted returns of a corporation claiming the benefits of section 922 of this title, relating to the special deduction for Western Hemisphere trade corporations to be made at such place as the Secretary may designate by regulation. - § 6091(b)(2)(B): Pub. L. 94–455, §§ 1051(h)(4), 1204(c)(3)(B), 1906(b)(13)(A), substituted “section 936 (relating to possession tax credit)” for “section 931 (relating to income from sources within possessions of the United States),” for taxable years beginning after Dec. 31, 1975, added cl. (iv), and struck out in provision following cl. (iv) “or his delegate” after “Secretary”. ## § 6096: Designation by individuals - § 6096(b): Pub. L. 94–455, §§ 401(a)(2)(C), 504(c)(2), inserted reference to section 42 in subsec. (a) as in effect on day before date of enactment of Pub. L. 94–12 and reference to section 44A. - § 6096(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6101: Period covered by returns or other documents - § 6101: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6102: Computations on returns or other documents - § 6102(a), § 6102(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6103: Confidentiality and disclosure of returns and return information - § 6103: Pub. L. 94–455 among other changes, substituted provisions treating income tax returns as public records and allowing inspection only under regulation approved by the President except in certain enumerated situations for provisions treating return information as confidential and not subject to disclosure except in limited situations and inserted provisions defining “return” and “return information” and provisions prohibiting tax information from being furnished by the Internal Revenue Service to another agency unless the other agency establishes procedures for safeguarding the information it receives. ## § 6104: Publicity of information required from certain exempt organizations and certain trusts - § 6104(a): Pub. L. 94–455, §§ 1201(d)(1), 1906(b)(13)(A), struck out in pars. (1)(A), (B), (D), and (2) “or his delegate” after “Secretary” wherever appearing and inserted in par. (1)(A) “and any letter or other document issued by the Internal Revenue Service with respect to such application” after “in support of such application,” and “any such letter or document” after “a copy of such application”. - § 6104(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6104(c)(1): Pub. L. 94–455, §§ 1307(d)(2)(B), 1906(b)(13)(A), struck out in provisions preceding subpar. (A) “or his delegate” after “Secretary” and in subpar. (B) substituted “chapter 41 or 42” for “chapter 42”. ## § 6107: Tax return preparer must furnish copy of return to taxpayer and must retain a copy or list - Enacted 26 U.S.C. § 6107. ## § 6108: Statistical publications and studies - § 6108: Pub. L. 94–455 designated existing provisions as subsec. (a), struck out “or his delegate” after “Secretary”, inserted “not less than” after “prepare and publish” and “claimed or” after “income, the amounts”, substituted “internal revenue laws” for “income tax laws”, and added subsecs. (b) and (c). ## § 6109: Identifying numbers - § 6109(a): Pub. L. 94–455, §§ 1203(d), 1906(b)(13)(A), struck out in provisions preceding par. (1) “or his delegate” after “Secretary” and added par. (4). - § 6109(d): Pub. L. 94–455, § 1211(c), added subsec. (d). ## § 6110: Public inspection of written determinations - Enacted 26 U.S.C. § 6110. ## § 6117: Cross reference - § 6117: Pub. L. 94–455, among other changes, substituted in section catchline “Cross reference” for “Cross references” and struck out in text reference to section 4876, relating to reports of Secretary of Agriculture concerning cotton futures, reference to section 4773, relating to inspection of returns, order forms, and prescriptions concerning narcotics and marihuana, and reference to section 4775 relating to authority of Secretary or his delegate to furnish list of special taxpayers. ## § 6151: Time and place for paying tax shown on returns - § 6151: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6155: Payment on notice and demand - § 6155: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6157: Payment of Federal unemployment tax on quarterly or other time period basis - § 6157(a): Pub. L. 94–455, § 1906(a)(11)(B), (b)(13)(A), substituted “subsection (c)” for “subsections (c) and (d)” and struck out “or his delegate” after “Secretary”. - § 6157(c), § 6157: Pub. L. 94–455, § 1906(a)(11)(A), redesignated subsec. (d) as (c). Former subsec. (c), which related to the percentage reduction for 1970 and 1971 of the tax computed in subsec. (b), was struck out. ## § 6161: Extension of time for paying tax - § 6161(a)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6161(a)(2): Pub. L. 94–455, § 2004(c)(1), struck out in subpar. (A) “that the payment, on the due date, of” before “any part of the amount”, in subpar. (B) provisions relating to payment, on the date fixed for payment of any installment, and subpar. (C) which related to payment upon notice and demand of a deficiency prorated under the provisions of section 6161, inserted in subpar. (B) “or 6166A” after “section 6166”, substituted in subpar. (B) “under such section” for “the date for payment for which had not arrived”, and inserted in text following subpar. (B) provisions relating to extension of time for payment in the case of an amount referred to in subpar. (B). - § 6161(b): Pub. L. 94–455, §§ 1307(d)(2)(C), 1605(b)(3), 2004(c)(2), among other changes, inserted reference to chapter 41, effective on or after Oct. 4, 1976, and reference to chapter 44, applicable to taxable years of real estate investment trusts beginning after Oct. 4, 1976, and struck out provisions relating to grant of extensions with respect to hardships to taxpayers, applicable to the estates of decedents dying after Dec. 31, 1976. - § 6161(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6163: Extension of time for payment of estate tax on value of reversionary or remainder interest in property - § 6163(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6163(b): Pub. L. 94–455, § 2004(c)(3), substituted provisions relating to extension of time for payment for a reasonable cause for provisions relating to extension of time for payment for undue hardship to the estate. - § 6163(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6164: Extension of time for payment of taxes by corporations expecting carrybacks - § 6164(a), § 6164(b), § 6164(d), § 6164(f), § 6164(h), § 6164(i): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6165: Bonds where time to pay tax or deficiency has been extended - § 6165: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6166: Extension of time for payment of estate tax where estate consists largely of interest in closely held business - Enacted 26 U.S.C. § 6166. ## § 6167: Extension of time for payment of tax attributable to recovery of foreign expropriation losses - § 6167(a), § 6167(b), § 6167(d), § 6167(e), § 6167(g): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6167(h): Pub. L. 94–455, §§ 1902(b)(2)(B), 1906(b)(13)(A), substituted “section 6503(e)” for “section 6503(f)”, and struck out “or his delegate” after “Secretary”. ## § 6201: Assessment authority - § 6201(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6201(a)(3), § 6201(a)(4): Pub. L. 94–455, §§ 1206(c)(2), 1906(b)(13)(A), struck out “or his delegate” after “Secretary”, substituted “mathematical or clerical error” for “mathematical error” after “the case of”, and inserted “, except that the provisions of section 6213(b)(2) (relating to abatement of mathematical or clerical error assessments) shall not apply with regard to any assessment under this paragraph” after “upon the return”. - § 6201(d): Pub. L. 94–455, § 1307(d)(2)(D), substituted “and certain excise taxes” for “chapter 42, and chapter 43 taxes” after “estate, gift”. ## § 6202: Establishment by regulations of mode or time of assessment - § 6202: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6203: Method of assessment - § 6203: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6204: Supplemental assessments - § 6204(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6205: Special rules applicable to certain employment taxes - § 6205(a)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6205(a)(4): Pub. L. 94–455, § 1906(a)(13), substituted “Mayor of the District of Columbia and each agent designated by him” for “Commissioners of the District of Columbia and each agent designated by them” after “owned thereby, the”. - § 6205(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6207: Cross references - § 6207: Pub. L. 94–455 struck out par. (7) relating to cross reference for assessment under the provisions of the Tariff Act of 1930. ## § 6211: Definition of a deficiency - § 6211(a): Pub. L. 94–455, §§ 1307(d)(2)(E), (F)(i), 1605(b)(4)(A), (B), substituted “chapters 41, 42, 43, and 44” for “chapters 42 and 43” after “taxes imposed by” and “chapter 41, 42, 43, or 44” for “chapter 42 or 43” after “A or B, or”. - § 6211(b)(1): Pub. L. 94–455, § 1204(c)(4), struck out “and” after “31” and inserted “, and without regard to any credits resulting from the collection of amounts assessed under section 6851 (relating to termination assessments)” after “section 1451”. - § 6211(b)(2): Pub. L. 94–455, §§ 1307(d)(2)(F)(i), 1605(b)(4)(C), substituted “chapter 41, 42, 43, or 44” for “chapter 42 or 43” after “A or B or”. - § 6211(b)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6212: Notice of deficiency - § 6212(a): Pub. L. 94–455, §§ 1307(d)(2)(F)(ii), 1605(b)(5)(A), 1906(b)(13)(A), struck out “or his delegate” after “Secretary”, and substituted “chapter 41, 42, 43, or 44” for “chapter 42 or 43”. - § 6212(b)(1): Pub. L. 94–455, §§ 1307(d)(2)(G)(i), 1605(b)(5)(B), (C), 1906(b)(13)(A), struck out “or his delegate” after “Secretary”, and substituted “chapter 41, chapter 42, chapter 43, or chapter 44” for “chapter 42, or chapter 43”, and “chapter 41, chapter 42, chapter 43, chapter 44, and this chapter” for “chapter 42, chapter 43, and this chapter”. - § 6212(c)(1): Pub. L. 94–455, §§ 1204(c)(5), 1206(c)(3), 1307(d)(2)(G)(ii), 1605(b)(5)(D), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing, substituted “of chapter 41 tax for the same taxable year, of chapter 43 tax for the same taxable years, of chapter 44 tax for the same taxable years” for “of chapter 43 tax for the same taxable years”, and “(relating to mathematical or clerical errors), in section 6851 (relating to termination assessments)” for “(relating to mathematical errors)”. - § 6212(c)(2)(B): Pub. L. 94–455, § 1901(b)(31)(C), substituted “1033(a)(2)(C) and (D)” for “1033(a)(3)(C) and (D)”. - § 6212(c)(2): Pub. L. 94–455, § 1901(b)(37)(C), struck out subsec. (c)(2)(D) which set forth a cross reference to section 1335 of this title relating to a deficiency attributable to war loss recoveries where prior benefit rule is elected. - § 6212(c)(2): Pub. L. 94–455, § 214(b), added subpar. (E). ## § 6213: Restrictions applicable to deficiencies; petition to Tax Court - § 6213(a): Pub. L. 94–455, §§ 1204(c)(6), 1307(d)(2)(F)(iii), 1605(b)(6), 1906(a)(15), inserted “section 6851 or” before “section 6861” and references to chapter 41 and chapter 44 and substituted “United States” for “States of the Union and the District of Columbia”. - § 6213(b)(1): Pub. L. 94–455, § 1206(a)(2), substituted in heading “Assessments arising out of mathematical or clerical errors” for “Mathematical errors” and in text inserted “or clerical” after “mathematical” in two places and inserted provision that each notice under this paragraph shall set forth the error alleged and an explanation thereof. - § 6213(b)(2): Pub. L. 94–455, § 1206(a)(2), added par. (2). Former par. (2) redesignated (3). - § 6213(b)(3): Pub. L. 94–455, §§ 1206(a)(1), (c)(1), 1906(b)(13)(A), redesignated former par. (2) as (3), and as so redesignated, struck out “or his delegate” after “Secretary” and inserted “without regard to the provisions of paragraph (2)” after “he may assess” and “or clerical” after “mathematical”. Former par. (3) redesignated (4). - § 6213(b)(4): Pub. L. 94–455, § 1206(a)(1), redesignated former par. (3) as (4). - § 6213(c), § 6213(d), § 6213(e): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6213(f), § 6213(g): Pub. L. 94–455, § 1206(b), added subsec. (f) and redesignated former subsec. (f) as (g). ## § 6214: Determinations by Tax Court - § 6214(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6214(c): Pub. L. 94–455, §§ 1307(d)(2)(F)(iv), (H), 1605(b)(7)(A), (B), substituted in heading and in text “41, 42, 43, or 44” for “42 or 43”. - § 6214(d): Pub. L. 94–455, §§ 1307(d)(2)(F)(iv), 1605(b)(7)(C), substituted “41, 42, 43, or 44” for “42 or 43”. ## § 6215: Assessment of deficiency found by Tax Court - § 6215: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6215(b)(5): Pub. L. 94–455, § 1906(a)(16), struck out “60 Stat. 48;” before “50 U.S.C. App. 1742”. ## § 6301: Collection authority - § 6301: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6302: Mode or time of collection - § 6302(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6302(b): Pub. L. 94–455, § 1906(a)(17), (b)(13)(A), substituted “section 4501(a) of chapter 37” for “sections 4501(a) or 4511 of chapter 37, or section 4701 or 4721 of chapter 39” and struck out “or his delegate” after “Secretary”. - § 6302(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 6303: Notice and demand for tax - § 6303: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6305: Collection of certain liability - § 6305(a), § 6305(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6311: Payment of tax by commercially acceptable means - § 6311(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6313: Fractional parts of a cent - § 6313: Pub. L. 94–455 struck out “not payable by stamp” after “title”. ## § 6314: Receipt for taxes - § 6314: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6316: Payment by foreign currency - § 6316: Pub. L. 94–455 struck out “or his delegate” after “Secretary” in two places. ## § 6323: Validity and priority against certain persons - § 6323(a), § 6323(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6323(f)(2): Pub. L. 94–455, § 2008(c)(1)(B), inserted introductory reference to par. (4). - § 6323(f)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6323(f)(4): Pub. L. 94–455, § 2008(c)(1)(A), added par. (4). - § 6323(g)(2)(A), § 6323(g)(2)(B): Pub. L. 94–455, §§ 1906(b)(13)(A), 2008(c)(2), required the fact of refiling be entered and recorded in an index in accordance with subsec. (f)(4), and struck out “or his delegate” after “Secretary” wherever appearing. - § 6323(i)(3): Pub. L. 94–455, § 1202(h)(2), struck out par. (3) which related to a special rule respecting disclosure of amount of outstanding lien. ## § 6324A: Special lien for estate tax deferred under section 6166 - Enacted 26 U.S.C. § 6324A. ## § 6324B: Special lien for additional estate tax attributable to farm, etc., valuation - Enacted 26 U.S.C. § 6324B. ## § 6325: Release of lien or discharge of property - § 6325: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6327: Cross references - § 6327(2), § 6327(3), § 6327(4), § 6327(5): Pub. L. 94–455 struck out parenthetical references to “52 Stat. 851;”, “52 Stat. 867;”, “52 Stat. 867–877;” and “52 Stat. 938;” preceding parenthetical references to sections of title 11. ## § 6331: Levy and distraint - § 6331(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6331(b): Pub. L. 94–455, §§ 1209(d)(2), 1906(b)(13)(A), substituted in second sentence “Except as otherwise provided in subsection (d)(3), a levy” for “A levy” and struck out “or his delegate” after “Secretary”. - § 6331(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6331(d)(1): Pub. L. 94–455, §§ 1209(d)(4), 1906(b)(13)(A), struck out provision that no additional notice shall be required in the case of successive levies with respect to such tax and “or his delegate” after “Secretary”. - § 6331(d)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6331(d)(3): Pub. L. 94–455, § 1209(d)(1), added par. (3). ## § 6332: Surrender of property subject to levy - § 6332(a), § 6332(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6332(c): Pub. L. 94–455, §§ 1209(d)(3), 1906(b)(13)(A), inserted “(or, in the case of a levy described in section 6331(d)(3), from the date such person would otherwise have been obligated to pay over such amounts to the taxpayer)” after “date of such levy”, and struck out “or his delegate” after “Secretary”. - § 6332(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6333: Production of books - § 6333: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6334: Property exempt from levy - § 6334(a)(8): Pub. L. 94–455, § 1209(c), substituted “Judgments for support of minor children” for “Salary, wages, or other income” in heading. - § 6334(a)(9): Pub. L. 94–455, § 1209(a), added par. (9). - § 6334(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6334(d): Pub. L. 94–455, § 1209(b), added subsec. (d). ## § 6335: Sale of seized property - § 6335: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6336: Sale of perishable goods - § 6336: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6337: Redemption of property - § 6337: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6338: Certificate of sale; deed of real property - § 6338: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6339: Legal effect of certificate of sale of personal property and deed of real property - § 6339(b)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6340: Records of sale - § 6340: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6341: Expense of levy and sale - § 6341: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6342: Application of proceeds of levy - § 6342: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6343: Authority to release levy and return property - § 6343: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6344: Cross references - § 6344(a)(1): Pub. L. 94–455 inserted reference to chapters 41 and 44. ## § 6401: Amounts treated as overpayments - § 6401(b): Pub. L. 94–455 substituted “wages) and” and “lubricating oil), and” for “wages),” and “lubricating oil),”, respectively; and pars. (2) and (3) made identical change: striking out “and 667(b) (relating to taxes paid by certain trusts)” after “(relating to earned income credit)”. ## § 6402: Authority to make credits or refunds - § 6402: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6404: Abatements - § 6404(a), § 6404(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6404(d): Pub. L. 94–455, § 1212(a), added subsec. (d). ## § 6405: Reports of refunds and credits - § 6405(a): Pub. L. 94–455, § 1210(a), inserted reference to any tax imposed with respect to private foundations and pensions under chapters 42 and 43, substituted $200,000 for $100,000 and struck out “or his delegate” after “Secretary”. - § 6405(c): Pub. L. 94–455, §§ 1210(b), 1906(b)(13)(A), substituted “$200,000” for “$100,000” and struck out “or his delegate” after “Secretary”. - § 6405: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 6406: Prohibition of administrative review of decisions - § 6406: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6407: Date of allowance of refund or credit - § 6407: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6411: Tentative carryback and refund adjustments - § 6411(a): Pub. L. 94–455, §§ 1906(b)(13)(A), 2107(g)(1), struck out “or his delegate” after “Secretary” and inserted “(or, in the case of a work incentive program carryback, to an investment credit carryback)” after “capital loss carryback” in second sentence. - § 6411(b), § 6411(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 6412: Floor stocks refunds - § 6412(a)(1): Pub. L. 94–455, § 1906(a)(22), (b)(13)(A), redesignated par. (2) as (1) and struck out “or his delegate” after “Secretary”. Prior par. (1) had been repealed by Pub. L. 92–178, title IV, § 401(g)(5), Dec. 10, 1971, 85 Stat. 533. - § 6412(a)(2): Pub. L. 94–455, § 1906(a)(22), redesignated par. (4) as (2). Former par. (2) redesignated (1). - § 6412(a): Pub. L. 94–455, § 1906(a)(22), redesignated par. (4) as (2). ## § 6413: Special rules applicable to certain employment taxes - § 6413(a)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6413(a)(4): Pub. L. 94–455, § 1906(a)(23)(A), substituted “Mayor of the District of Columbia and each agent designated by him” for “Commissioners of the District of Columbia and each agent designated by them”. - § 6413(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6413(c)(1): Pub. L. 94–455, § 1906(a)(23)(B)(i), struck out “or his delegate” after “Secretary” and substituted general provision for entitlement to credit or refund of employment taxes deducted from an employee receiving wages from more than one employer during a calendar year and in excess of employment taxes with respect to amount of wages received in the calendar year equal to the contribution and benefit base determined under section 230 of the Social Security Act and effective with respect to such calendar year for prior specific provisions for such credit or refund of employment taxes deducted in excess of prescribed amount for base limits and applicable periods set forth below: - § 6413(c)(2)(A): Pub. L. 94–455, § 1906(a)(23)(B)(ii), substituted “the amount, not to exceed an amount equal to the contribution and benefit base (as determined under section 230 of the Social Security Act) for any calendar year” for “the amount, not to exceed $3,600 for the calendar year 1951, 1952, 1953, or 1954, $4,200 for the calendar year 1955, 1956, 1957, or 1958, $4,800 for the calendar year 1959, 1960, 1961, 1962, 1963, 1964, or 1965, $6,600 for the calendar year 1966 or 1967, $7,800 for the calendar year 1968, 1969, 1970, or 1971, $9,000 for the calendar year 1972, $10,800 for the calendar year 1973, $13,200 for the calendar year 1974, or an amount equal to the contribution and benefit base (as determined under section 230 of the Social Security Act) for any calendar year after 1974” before “with respect to which such contribution and benefit base is effective”. - § 6413(c)(2)(C): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6413(c)(2)(F): Pub. L. 94–455, § 1906(a)(23)(C), substituted “Mayor of the District of Columbia and each agent designated by him” for “Commissioners of the District of Columbia and each agent designated by them”. - § 6413(c): Pub. L. 94–455, § 1906(a)(23)(D), struck out “after 1967” after “calendar year”. ## § 6415: Credits or refunds to persons who collected certain taxes - § 6415(a), § 6415(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6416: Certain taxes on sales and services - § 6416(a)(1): Pub. L. 94–455, §§ 1904(b)(1)(A), 1906(b)(13)(A), substituted “(special fuels)” for “(retailers taxes)”, and struck out “or his delegate” after “Secretary”. - § 6416(a)(3): Pub. L. 94–455, § 1906(a)(24)(A), (b)(13)(A), redesignated subpars. (C) and (D) as (A) and (B), and as so redesignated, struck out “or his delegate” after “Secretary”, in subpar. (A). Prior subpars. (A) and (B) had been repealed by Pub. L. 89–44, title VI, § 601(c)(6), June 21, 1965, 79 Stat. 153. - § 6416(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6416(b)(1): Pub. L. 94–455, § 1904(b)(2), substituted “section 4216(e)(2) and (3)” for “section 4216(f)(2) and (3)”. - § 6416(b)(2)(E): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (F) as (E). A prior subpar. (E) had been repealed by Pub. L. 91–614, title III, § 302(b), Dec. 31, 1970, 84 Stat. 1845. - § 6416(b)(2)(F): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (K) as (F). Former subpar. (F) redesignated (E). - § 6416(b)(2)(G): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (L) as (G), and struck out former subpar. (G) respecting consideration as overpayments, tax payments in case of liquids sold for use as fuel in a diesel-powered highway vehicle or as fuel for propulsion of motor vehicles, motorboats, or airplanes and used in other specified ways or resold. - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (M) as (H), and struck out former subpar. (H) respecting consideration as overpayments, tax payments in case of liquids used in vehicles while engaged in furnishing scheduled common carrier public passenger land transportation services along regular routes under prescribed conditions. - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (R) as (I), and struck out former subpar. (I) respecting consideration as overpayments, tax payments in case of liquids used or resold for use as fuel in diesel-powered highway vehicles, which were not registered in any State or foreign country or were United States owned but not used on the highway. - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (S) as (J), and struck out former subpar. (J) respecting consideration as overpayments, tax payments in case of liquids used or resold, otherwise than as a fuel for propulsion of highway vehicles, which were registered in any State or foreign country or were United States owned and used on the highway. - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(24)(B)(i), redesignated subpar. (T), added by Pub. L. 94–455, § 2108(a), as (K). Former subpar. (K) redesignated (F). - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(2)(B)(i), redesignated subpars. (L) and (M) as (G) and (H), respectively. - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(2)(B)(i), redesignated subpars. (R) and (S) as (I) and (J), respectively. - § 6416(b)(2): Pub. L. 94–455, § 1906(a)(2)(B)(i), redesignated subpar. (T), added by Pub. L. 94–455, § 2108(a), as (K). - § 6416(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6416(e): Pub. L. 94–455, § 1904(b)(1)(B), struck out “subchapter E of” before “chapter 31”. - § 6416: Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 6419: Excise tax on wagering - § 6419(a), § 6419(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6420: Gasoline used on farms - § 6420(a): Pub. L. 94–455, § 1906(a)(26) (C)(ii), (b)(13)(A), substituted “subsection (g)” for “subsection (h)” and struck out “or his delegate” after “Secretary”. - § 6420(b): Pub. L. 94–455, § 1906(a)(26)(A), among other changes, struck out provisions relating to gasoline used before July 1, 1965, and struck out requirement that a person’s first taxable year beginning after June 30, 1965, include the period after June 30, 1965, and before the beginning of that first taxable year. - § 6420(c)(3)(A): Pub. L. 94–455, § 1906(b)(6)(A), among other changes, struck out “and for purposes of section 6416(b)(2)(G)(ii) (but not for purposes of section 4041),” after “in applying subsection (a) to this subparagraph,” and provision that if the use of gasoline is by any person other than the owner, tenant, or operator of the farm, then, for purposes of applying section 6416(b)(2)(G)(ii), any tax paid under section 4041 in respect of a liquid used on a farm for farming purposes be treated as having been paid by the owner, tenant, or operator of the farm on which such liquid is used. - § 6420(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6420(e)(1): Pub. L. 94–455, § 1906(a)(26)(B), substituted “apply in respect” for “apply in in respect”. - § 6420(e)(2), § 6420(f): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6420(g): Pub. L. 94–455, § 1906(a)(26)(C)(i), (D), redesignated subsec. (h) as (g), struck out in par. (1) “with respect to gasoline used after June 30, 1965,” after “subsection (a)”, and in par. (2) “for gasoline used after June 30, 1965” after “subtitle A”. Former subsec. (g), which provided that this section applies only with respect to gasoline purchased after Dec. 31, 1955, was struck out. - § 6420(h), § 6420(i): Pub. L. 94–455, § 1906(a)(26)(C)(i), redesignated subsecs. (h) and (i) as (g) and (h), respectively. ## § 6421: Gasoline used for certain nonhighway purposes, used by local transit systems, or sold for certain exempt purposes - § 6421(a): Pub. L. 94–455, § 1906(a)(27)(A)(i), (b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing, and substituted “in the case of gasoline used as a fuel” for “in the case of gasoline used after June 30, 1970, as a fuel”. - § 6421(b)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6421(c): Pub. L. 94–455, § 1906(a)(27)(B), among other changes, struck out provisions relating to gasoline used before July 1, 1965, and struck out requirement that a person’s first taxable year beginning after June 30, 1965, include the period after June 30, 1965, and before the beginning of that first taxable year. - § 6421(e)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6421(e): Pub. L. 94–455, § 1906(a)(27)(A)(i), struck out “after June 30, 1970,” after “used”. - § 6421(f), § 6421(g): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6421(h): Pub. L. 94–455, § 1906(a)(27)(C), struck out “after June 30, 1956, and” after “purchased”. - § 6421(i)(1): Pub. L. 94–455, § 1906(a)(27)(D)(i), struck out “with respect to gasoline used after June 30, 1965,” after “subsections (a) and (b)”. - § 6421(i)(2): Pub. L. 94–455, § 1906(a)(27)(D)(ii), substituted “subsection (c)(2)” for “subsection (c)(3)(B)”. - § 6421(i)(3): Pub. L. 94–455, § 1906(a)(27)(D)(iii), struck out “for gasoline used after June 30, 1965” after “subtitle A”. ## § 6422: Cross references - § 6422(2): Pub. L. 94–455, § 1901(b)(36)(B), redesignated par. (3) as (2). Former par. (2), which set forth a cross reference to section 1321 of this title for overpayment arising out of adjustments incident to involuntary liquidation of inventory, was struck out. - § 6422(3), § 6422(4), § 6422(5), § 6422(6), § 6422(7), § 6422(8): Pub. L. 94–455, § 1901(b)(36)(B), redesignated pars. (4) to (9) as (3) to (8), respectively. - § 6422(9): Pub. L. 94–455, §§ 1901(b)(36)(B), 1906(a)(28)(A), redesignated par. (10) as (9) and substituted “(50 U.S.C. App. 1742)” for “(60 Stat. 48; 50 U.S.C. App. 1742)”. Former par. (9) redesignated (8). - § 6422(10): Pub. L. 94–455, § 1901(b)(36)(B), redesignated par. (11) as (10). Former par. (10) redesignated (9). - § 6422: Pub. L. 94–455, §§ 1901(b)(36)(B), 1906(a)(28)(B), redesignated par. (12) as (11) and substituted “(31 U.S.C. 227)” for “(47 Stat. 1516; 31 U.S.C. 227)”. Former par. (11) redesignated (10). - § 6422: Pub. L. 94–455, § 1901(b)(36)(B), redesignated pars. (12) and (13) as (11) and (12), respectively. - § 6422: Pub. L. 94–455, § 1601(f)(1), added par. (14). ## § 6423: Conditions to allowance in the case of alcohol and tobacco taxes - § 6423(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6423(b): Pub. L. 94–455, § 1906(a)(29)(A), among other changes, struck out provisions allowing any claimant who has on or before Apr. 30, 1958, filed a claim for any amount to which subsec. (a) applies, may file a superseding claim after Apr. 30, 1958, conforming to the requirements of this section and covering the amount claimed in such prior claim. - § 6423(c): Pub. L. 94–455, § 1906(a)(29)(B), (C), redesignated subsec. (d) as (c) and struck out par. (3) relating to any amount claimed with respect to a commodity which has been lost, where a suit or proceeding was instituted before June 15, 1957. Former subsec. (c), relating to disallowance of any suit or proceeding which was barred on Apr. 30, 1958, was struck out. - § 6423(d), § 6423: Pub. L. 94–455, § 1906(a)(29)(B), (b)(13)(A), redesignated subsec. (e) as (d) and struck out “or his delegate” after “Secretary”. Former subsec. (d) redesignated (c). ## § 6425: Adjustment of overpayment of estimated income tax by corporation - § 6425(a), § 6425(b), § 6425(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6427: Fuels not used for taxable purposes - § 6427(a): Pub. L. 94–455, § 1906(a)(31)(A), (b)(13)(A), struck out “, after June 30, 1970,” after “sale of any fuel and” and “or his delegate” after “Secretary”. - § 6427(b)(1): Pub. L. 94–455, § 1906(a)(31)(A), (b)(13)(A), struck out “, after June 30, 1970,” before “used by the purchaser” and “or his delegate” after “Secretary”. - § 6427(c): Pub. L. 94–455, § 1906(a)(31)(A), (b)(13)(A), struck out “, after June 30, 1970,” before “used on a farm” and “or his delegate” after “Secretary”. - § 6427(f): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6427(h): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6501: Limitations on assessment and collection - § 6501(b)(3), § 6501(c)(4), § 6501(d), § 6501(e)(1)(A)(ii), § 6501(e)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6501(e)(3): Pub. L. 94–455, § 1307(d)(2)(F)(vi), substituted “chapter 41, 42, or 43” for “chapter 42 or 43”. - § 6501(i): Pub. L. 94–455, §§ 1031(b)(5), 1035(d)(3), substituted “section 904(c)” for Section 904(d)” wherever appearing and inserted “or under section 907(f) (relating to carryback and carryover of disallowed oil and gas extraction taxes)” after “excess foreign taxes)” and “or 907(f)” before “which results in such carryback”. - § 6501(n): Pub. L. 94–455, § 1302(b), added par. (3). - § 6501(o): Pub. L. 94–455, § 2107(g)(2)(A), inserted “, an investment credit carryback,” after “net operating loss carryback”. ## § 6502: Collection after assessment - § 6502(a)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6503: Suspension of running of period of limitation - § 6503(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6503(d): Pub. L. 94–455, § 2004(c)(4), substituted “section 6163, 6166, or 6166A” for “section 6166”. - § 6503(e): Pub. L. 94–455, § 1902(b)(2)(A), redesignated subsec. (f) as (e). Former subsec. (e), which related to certain powers of appointment, was struck out. - § 6503(f): Pub. L. 94–455, §§ 1902(b)(2)(A), 1906(b)(13)(A), redesignated subsec. (g) as (f), and struck out “or his delegate” after “Secretary” wherever appearing. Former subsec. (f) redesignated (e). - § 6503(g): Pub. L. 94–455, §§ 1902(b)(2)(A), 1906(b)(13)(A), redesignated subsec. (h) as (g) and struck out “or his delegate” after “Secretary”. Former subsec. (g) redesignated (f). - § 6503(h): Pub. L. 94–455, § 1902(b)(2)(A), redesignated subsec. (i) as (h). Former subsec. (h) redesignated (g). See Codification note above. - § 6503(i): Pub. L. 94–455, § 1902(b)(2)(A), redesignated subsec. (i) as (h). - § 6503(j): Pub. L. 94–455, §§ 1203(h)(1), 1601(f)(2), as amended by Pub. L. 96–596, § 2(a)(4)(E), (F), added pars. (4) and (5). See Codification note set out above. ## § 6504: Cross references - § 6504(1): Pub. L. 94–455, §§ 1901(b)(36)(C), 1906(a)(32)(B), redesignated par. (2) as (1). Former par. (1), which referred to section 1321 for adjustments incident to involuntary liquidation of inventory, was struck out. - § 6504(2): Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (3) as (2). Former par. (2) redesignated (1). - § 6504(3): Pub. L. 94–455, §§ 1901(b)(31)(D), 1906(a)(32)(B), redesignated par. (4) as (3) and substituted “section 1033(a)(2)(C) and (D)” for “section 1033(a)(3)(C) and (D)”. Former par. (3) redesignated (2). - § 6504(4): Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (5) as (4). Former par. (4) redesignated (3). - § 6504(5): Pub. L. 94–455, §§ 1901(b)(39)(B), 1906(a)(32)(B), redesignated par. (9) as (5). Former par. (5) redesignated (4). - § 6504(6): Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (10) as (6). - § 6504(6): Pub. L. 94–455, § 1901(b)(37)(D), as amended by Pub. L. 95–600, § 703(j)(10), struck out par. (6) which referred to section 1335 for war loss recoveries where the prior benefit rule was elected. - § 6504(7): Pub. L. 94–455, §§ 1901(b)(39)(B), 1906(a)(32)(B), redesignated par. (11) as (7). Former par. (7), which referred to section 1346 for recovery of unconstitutional federal taxes, was struck out. - § 6504(8): Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (12) as (8). - § 6504(9): Pub. L. 94–455, § 1906(a)(32)(A), (B), redesignated par. (13) as (9) and inserted provisions relating to sections 6421, 6424, and 6427. Former par. (9) redesignated (5). - § 6504(10): Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (15) as (10). Former par. (10) redesignated (6). - § 6504: Pub. L. 94–455, §§ 1203(h)(2), 1906(a)(32)(B), added par. (11). Former par. (11) redesignated (7). - § 6504: Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (12) as (8). - § 6504: Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (13) as (9). - § 6504: Pub. L. 94–455, § 1906(a)(32)(A), struck out par. (14) which referred to section 6206 for assessments to recover excessive amounts paid under section 6421, and assessments of civil penalties under section 6675, and for excessive claims under section 6421. - § 6504: Pub. L. 94–455, § 1906(a)(32)(B), redesignated par. (15) as (10). ## § 6511: Limitations on credit or refund - § 6511(d)(2)(A): Pub. L. 94–455, § 1906 (a)(33)(A), struck out “September 1, 1959, or” after “shall not expire before” and “, whichever is the later” after “profits becomes final”. - § 6511(d)(5): Pub. L. 94–455, § 1906(a)(33)(B), struck out “the later of the following dates: (A)” after “filed on or before” and “, or (B) December 31, 1965” after “Health, Education, and Welfare”. - § 6511(d)(7): Pub. L. 94–455, § 2107(g)(2)(B), inserted “, an investment credit carryback,” after “net operating loss carryback”. - § 6511(g): Pub. L. 94–455, § 1203(h)(3), added par. (7). ## § 6512: Limitations in case of petition to Tax Court - § 6512(a), § 6512(b)(1): Pub. L. 94–455 substituted reference to chapter 41, 42, 43, or 44 for reference to chapter 42 or 43 and reference to Secretary for reference to Secretary or his delegate. ## § 6514: Credits or refunds after period of limitation - § 6514(a)(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6515: Cross references - § 6515(1): Pub. L. 94–455, § 1901(b)(36)(D), (b)(37)(E), redesignated par. (3) as (1). Former par. (1), which referred to section 1321 for adjustments incident to involuntary liquidation of inventory, was struck out. - § 6515(2): Pub. L. 94–455, § 1901(b)(37)(E), redesignated par. (4) as (2). Former par. (2), which referred to section 1335 for war loss recoveries where the prior benefit rule was elected, was struck out. - § 6515(3), § 6515(4), § 6515(5), § 6515: Pub. L. 94–455, § 1901(b)(37)(E), redesignated pars. (3) to (7) as (1) to (5), respectively. - § 6515: Pub. L. 94–455, § 1601(f)(3), added par. (8) which was redesignated par. (6) by section 1901(b)(37)(E) of Pub. L. 94–455. ## § 6532: Periods of limitation on suits - § 6532: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6601: Interest on underpayment, nonpayment, or extensions of time for payment, of tax - § 6601(b)(4): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6601(c): Pub. L. 94–455, §§ 1307(d)(2)(H), 1605(b)(10), substituted in heading “chapter 41, 42” for “chapter 42” and “43, or 44” for “or 43”. - § 6601(d)(4): Pub. L. 94–455, § 2107(g)(2)(C), inserted “, an investment credit carryback,” after “net operating loss carryback”. - § 6601(h): Pub. L. 94–455, § 1906(a)(34), struck out “(or section 59 of the Internal Revenue Code of 1939)”. - § 6601(j), § 6601(k): Pub. L. 94–455, § 2004(b), added subsec. (j) and redesignated former subsec. (j) as (k). ## § 6611: Interest on overpayments - § 6611(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6611(f)(4): Pub. L. 94–455, § 2107(g)(2)(D), inserted “, an investment credit carryback,” after “net operating loss carryback”. - § 6611(h), § 6611: Pub. L. 94–455, § 1904(b)(10)(A)(iv), redesignated subsec. (i) as (h). Former subsec. (h), which related to a refund within 45 days after filing claim for refund of interest equalization tax paid on securities sold to foreigners, was struck out. ## § 6621: Determination of rate of interest - § 6621(a), § 6621(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6651: Failure to file tax return or to pay tax - § 6651(e): Pub. L. 94–455 struck out subsec. (e) which related to certain interest equalization tax returns. ## § 6652: Failure to file certain information returns, registration statements, etc. - § 6652(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6652(b): Pub. L. 94–455, §§ 1207(e)(3)(B), (C), 1906(b)(13)(A), inserted “in the case of each failure to make a return required by section 6050A(a) (relating to reporting requirements of certain fishing boat operators),” after “income tax withheld),” and “or section 6050A(b) (relating to statements furnished by certain fishing boat operators),” after “respect to tips),” and struck out “or his delegate” after “Secretary”. - § 6652(d), § 6652(e), § 6652(f): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 6654: Failure by individual to pay estimated income tax - § 6654(g): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6654(h): Pub. L. 94–455, § 1906(a)(35), struck out subsec. (h) which provided that this section shall apply to taxable years beginning after Dec. 31, 1954 and that section 294(d) of the Internal Revenue Code of 1939 shall continue in force with respect to taxable years beginning before Jan. 1, 1955. ## § 6655: Failure by corporation to pay estimated income tax - § 6655(e)(1)(B): Pub. L. 94–455, § 1906(b)(3)(A), struck out in cl. (ii) “after December 31, 1967, and” after “taxable year beginning” and struck out cl. (iii) which related to the case of a taxable year beginning after Dec. 31, 1967, and before Jan. 1, 1972, the amount of the corporation’s transitional exemption for such year. - § 6655(e)(2)(B): Pub. L. 94–455, § 1906(b)(3)(B), substituted “clause (ii)” for “clauses (ii) and (iii)”. - § 6655(e)(3), § 6655(e)(4): Pub. L. 94–455, § 1906(b)(3)(C)(i), redesignated par. (4) as (3). Former par. (3), which related to the computation of a corporation’s transitional exemption, was struck out. - § 6655(f): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 6656: Failure to make deposit of taxes - § 6656(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6657: Bad checks - § 6657: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6671: Rules for application of assessable penalties - § 6671: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6673: Sanctions and costs awarded by courts - § 6673: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6677: Failure to file information with respect to certain foreign trusts - § 6677(a): Pub. L. 94–455 inserted “(or, in the case of a failure with respect to section 6048(c), equal to 5 percent of the value of the corpus of the trust at the close of the taxable year)” after “transferred to a trust”. ## § 6686: Failure to file returns or supply information by DISC or former FSC - § 6686: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6688: Assessable penalties with respect to information required to be furnished under section 7654 - § 6688: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6694: Understatement of taxpayer’s liability by tax return preparer - Enacted 26 U.S.C. § 6694. ## § 6695: Other assessable penalties with respect to the preparation of tax returns for other persons - Enacted 26 U.S.C. § 6695. ## § 6696: Rules applicable with respect to sections 6694, 6695, 6695A, and 6695B - Enacted 26 U.S.C. § 6696. ## § 6801: Authority for establishment, alteration, and distribution - § 6801(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. - § 6801(b): Pub. L. 94–455 and Pub. L. 94–569 struck out “or his delegate” after “Secretary” and provided that stamps required by or prescribed pursuant to the provisions of section 5205 or section 5235 may be prepared and distributed by persons authorized by the Secretary, under such controls for the protection of the revenue as shall be deemed necessary. ## § 6802: Supply and distribution - § 6802: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing and substituted in par. (2) “designated depositary.” for “designated depositary;”. ## § 6803: Accounting and safeguarding - § 6803(a): Pub. L. 94–455 redesignated subsec. (b)(1) as (a), substituted “paragraph (2)” for “paragraph (2) or (3)”, and struck out “or his delegate” after “Secretary” wherever appearing. - § 6803(b): Pub. L. 94–455 redesignated par. (2) as entire subsection, struck out “or his delegate” after “Secretary” and substituted “paragraph (2)” for “paragraphs (2) and (3)”. Par. (1) redesignated subsec. (a). ## § 6804: Attachment and cancellation - § 6804: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6805: Redemption of stamps - § 6805: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6808: Special provisions relating to stamps - § 6808(1): Pub. L. 94–455, § 1952(n)(1), redesignated par. (3) as (1). - § 6808(2): Pub. L. 94–455, § 1952(n)(1), redesignated par. (6) as (2). Former par. (2), relating to cotton futures, with the included reference to subchapter D of chapter 39, was struck out. - § 6808(3): Pub. L. 94–455, § 1952(n)(1), redesignated par. (11) as (3). Former par. (3) redesignated (1). - § 6808: Pub. L. 94–455, § 1904(b)(5)(B), struck out par. (4) relating to documents and other instruments, with the included reference to chapter 34. - § 6808: Pub. L. 94–455, § 1952(n)(1), redesignated par. (6) as (2). - § 6808: Pub. L. 94–455, § 1904(b)(7)(A), struck out par. (7) relating to oleomargarine, with the included reference to subchapter F of chapter 38. - § 6808: Pub. L. 94–455, § 1904(b)(9)(A), struck out par. (10) relating to process, renovated, or adulterated butter, with the included reference to subchapter C of chapter 39. - § 6808: Pub. L. 94–455, § 1952(n)(1), redesignated par. (11) as (3). - § 6808: Pub. L. 94–455, § 1904(b)(8)(B), struck out par. (12) relating to white phosphorous matches, with the included reference to subchapter B of chapter 39. ## § 6851: Termination assessments of income tax - § 6851: Pub. L. 94–455, § 1204(b)(1), substituted “assessments of income tax” for “of taxable year” in section catchline. - § 6851(a): Pub. L. 94–455, § 1204(b)(1), revised pars. (1) and (2) to provide that a termination assessment does not end the taxable year for any purpose other than the computation of the amount of tax to be assessed and collected and to set out the method for determining the tax for the current taxable year, and added pars. (3) and (4). - § 6851(b): Pub. L. 94–455, § 1204(b)(1), substituted provisions for the mailing of a notice of deficiency for provisions for the reopening of taxable period. - § 6851(c), § 6851(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 6851(e): Pub. L. 94–455, § 1204(b)(2), substituted provisions making section 6861(f) and (g) applicable with respect to assessments under subsec. (a). - § 6851(f): Pub. L. 94–455, § 1204(b)(2), added subsec. (f). ## § 6861: Jeopardy assessments of income, estate, gift, and certain excise taxes - § 6861: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6862: Jeopardy assessment of taxes other than income, estate, gift, and certain excise taxes - § 6862(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6863: Stay of collection of jeopardy assessments - § 6863(a): Pub. L. 94–455, §§ 1204(c)(7), 1906(b)(13)(A), inserted reference to section 6851, substituted “an assessment” for “a jeopardy assessment”, struck out “or his delegate” after “Secretary”, and substituted “such assessment” for “the jeopardy assessment”. - § 6863(b)(3)(A): Pub. L. 94–455, § 1204(c)(8), substituted “an assessment has been made under section 6851 or 6861,” for “a jeopardy assessment has been made under section 6861” in provisions preceding cl. (i), added cl. (i), redesignated former cl. (i) as (ii) and substituted “before the issuance of the notice of deficiency described in section 6851(b) or 6861(b), and the expiration of the period” for “if section 6861(b) is applicable, prior to the issuance of the notice of deficiency and the expiration of the time”, redesignated former cl. (ii) as (iii) and substituted “assessment), before the expiration” for “jeopardy assessment under section 6861), prior to the expiration” and “if neither sections 6851(a) nor 6861(a) were applicable” for “if section 6861(a) were not applicable”, and inserted provisions following cl. (iii). - § 6863(b)(3)(B)(ii): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6863(b)(3)(C): Pub. L. 94–455, § 1906(a)(38), struck out subpar. (C) which had limited the applicability of subpars. (A) and (B) to jeopardy assessments made on or after Jan. 1, 1955, with respect to taxes imposed by this title, and with respect to taxes imposed by the Internal Revenue Code of 1939. - § 6863(c): Pub. L. 94–455, § 1204(c)(9), added subsec. (c). ## § 6871: Claims for income, estate, gift, and certain excise taxes in receivership proceedings, etc. - § 6871(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 6871(a): Pub. L. 94–455, § 1906(c)(1), struck out “or Territory” after “any State”. ## § 6872: Suspension of period on assessment - § 6872: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6873: Unpaid claims - § 6873(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6901: Transferred assets - § 6901: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6902: Provisions of special application to transferees - § 6902(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 6903: Notice of fiduciary relationship - § 6903: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 6905: Discharge of executor from personal liability for decedent’s income and gift taxes - § 6905(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7001: Collection of foreign items - § 7001(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7011: Registration—persons paying a special tax - § 7011: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7012: Cross references - § 7012: Pub. L. 94–455 revised section generally, striking out cross reference to section 4804(d) relating to registration in relation to manufacture of white phosphorus matches and substituted reference to section 5861 for reference to section 5854 in cross reference covering registration in connection with firearms. ## § 7101: Form of bonds - § 7101(2): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7102: Single bond in lieu of multiple bonds - § 7102: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7103: Cross references—Other provisions for bonds - § 7103(a)(4): Pub. L. 94–455, § 1204(c)(10), struck out par. (4) which made reference to section 6851(e) as covering the furnishing of bond where a taxable years is closed by the Secretary or his delegate. - § 7103(b)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 7103: Pub. L. 94–455, § 1906(a)(40), struck out subsec. (d) which made cross references to provisions covering bonds required with respect to articles taxable under chapter B of chapter 37 processed for exportation without payment of tax, oleomargarine removed from the place of manufacture for exportation to a foreign country, and the manufacture of oleomargarine, process, renovated, or adulterated butter, and white phosphorus matches. ## § 7121: Closing agreements - § 7121(a), § 7121(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7122: Compromises - § 7122(a), § 7122(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7207: Fraudulent returns, statements, or other documents - § 7207: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7209: Unauthorized use or sale of stamps - § 7209: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7213: Unauthorized disclosure of information - § 7213(a): Pub. L. 94–455, § 1202(d), added pars. (3) and (4), redesignated former par. (3) as (5), and in pars. (1), (2), and (5) raised from a misdemeanor to a felony any criminal violation of the disclosure rules, increased from $1,000 to $5,000 and from one year imprisonment to five years imprisonment the maximum criminal penalties for an unauthorized disclosure of a return or return information, extended the criminal penalties to apply to unauthorized disclosures of any return or return information and not merely income returns and other financial information appearing on income returns, and extended the criminal penalties to apply to former Federal and State officers and to officers and employees of contractors having access to returns and return information in connection with the processing, storage, transmission, and reproduction of such returns and return information, and the programming, maintenance, etc., of equipment. - § 7213(c): Pub. L. 94–455, § 1202(d), redesignated subsec. (d) as (c). Former subsec. (c), covering offenses relating to the reproduction of documents, was struck out. - § 7213(d), § 7213(e): Pub. L. 94–455, § 1202(d), (h)(3), redesignated subsec. (e) as (d) and, in par. (1) of subsec. (d) as so redesignated, substituted a cross reference to section 7216 as covering penalties for disclosure or use of information by preparers of returns for a cross reference to section 6106 as covering special provisions applicable to returns of tax under chapter 23 (relating to Federal Unemployment Tax). Former subsec. (d) redesignated (c). ## § 7214: Offenses by officers and employees of the United States - § 7214(a)(8): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7216: Disclosure or use of information by preparers of returns - § 7216(b)(3): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7269: Failure to produce records - § 7269: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7270: Insurance policies - § 7270: Pub. L. 94–455 substituted “liability for tax on policies issued by foreign insurers” for “the affixing of stamps on insurance policies, etc.”. ## § 7271: Penalties for offenses relating to stamps - § 7271(2), § 7271(3), § 7271: Pub. L. 94–455 redesignated pars. (3) and (4) as (2) and (3), respectively. Former par. (2), which related to persons who manufactured or imported and sold, or offered for sale, or caused to be manufactured or imported and sold, or offered for sale, any playing card, package, or other article without the full amount of tax being paid, was struck out. ## § 7272: Penalty for failure to register or reregister - § 7272(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 7272(b): Pub. L. 94–455, §§ 1904(b)(8)(F), 1906(a)(42), struck out “4722, 4753, 4804(d),” after “4412,”. ## § 7303: Other property subject to forfeiture - § 7303(2): Pub. L. 94–455, § 1904(b)(9)(D), redesignated par. (7) as (2). Former par. (2), which related to oleomargarine or filled cheese adjudged to contain deleterious ingredients, was repealed. See 1958 Amendment note below. - § 7303(3): Pub. L. 94–455, § 1904(b)(9)(D), redesignated par. (8) as (3). Former par. (3), relating to offenses by manufacturers or importers of or wholesale dealers in oleomargarine or adulterated butter, was struck out. - § 7303: Pub. L. 94–455, § 1904(b)(9)(D), struck out par. (4) which related to the purchase or receipt of adulterated butter. - § 7303: Pub. L. 94–455, § 1904(b)(9)(D), struck out par. (5) which related to packages of oleomargarine found without required stamps or marks. - § 7303: Pub. L. 94–455, § 1904(b)(8)(G), struck out par. (6) which related to white phosphorus matches. - § 7303: Pub. L. 94–455, § 1904(b)(9)(D), redesignated pars. (7) and (8) as (2) and (3), respectively. ## § 7304: Penalty for fraudulently claiming drawback - § 7304: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7321: Authority to seize property subject to forfeiture - § 7321: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7322: Delivery of seized personal property to United States marshal - § 7322: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7324: Special disposition of perishable goods - § 7324(1), § 7324(2), § 7324(3), § 7324(4): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7325: Personal property valued at $100,000 or less - § 7325: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7327: Customs laws applicable - § 7327: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7328: Cross references ## § 7401: Authorization - § 7401: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7403: Action to enforce lien or to subject property to payment of tax - § 7403(a): Pub. L. 94–455, §§ 1906(b)(13)(A), 2004(f)(2), struck out “or his delegate” after “Secretary” and inserted provisions relating to the acceleration of payment under section 6166(g) or 6166A(h). - § 7403(c), § 7403(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 7404: Authority to bring civil action for estate taxes - § 7404: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7406: Disposition of judgments and moneys recovered - § 7406: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7407: Action to enjoin tax return preparers - Enacted 26 U.S.C. § 7407. ## § 7410: Cross references ## § 7421: Prohibition of suits to restrain assessment or collection - § 7421(a): Pub. L. 94–455 substituted “7426(a) and (b)(1), and 7429(b)” for “and 7426(a) and (b)(1)”. ## § 7422: Civil actions for refund - § 7422(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 7422(c): Pub. L. 94–455, § 1906(a)(44), struck out “instituted after June 15, 1942,” after “res judicata in all suits” and “where the petition to the Tax Court was filed after such date” after “decisions of the Tax Court”. - § 7422(e): Pub. L. 94–455, §§ 1307(d)(2)(F)(viii), 1605(b)(11), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” and substituted “chapter 41, 42,” for “chapter 42” and “43, or 44” for “or 43”. ## § 7423: Repayments to officers or employees - § 7423: Pub. L. 94–455 struck out “or his delegate” after “Secretary” in provisions preceding par. (1). ## § 7425: Discharge of liens - § 7425: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7426: Civil actions by persons other than taxpayers - § 7426: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7427: Tax return preparers - Enacted 26 U.S.C. § 7427. ## § 7428: Declaratory judgments relating to status and classification of organizations under section 501(c)(3), etc. - Enacted 26 U.S.C. § 7428. ## § 7429: Review of jeopardy levy or assessment procedures - Enacted 26 U.S.C. § 7429. ## § 7437: Cross references - § 7437(1): Pub. L. 94–455, § 1906(a)(45)(A), struck out “52 Stat. 851;” before “11 U.S.C. 35”. - § 7437(2): Pub. L. 94–455, § 1906(a)(45)(B), struck out “52 Stat. 867;” before “11 U.S.C. 93”. - § 7437(3): Pub. L. 94–455, § 1906(a)(45)(C), struck out “52 Stat. 876–877;” before “11 U.S.C. 107”. - § 7437(4): Pub. L. 94–455, § 1906(a)(45)(D), struck out “52 Stat. 938;” before “11 U.S.C. 1080”. ## § 7448: Annuities to surviving spouses and dependent children of judges and special trial judges - § 7448: Pub. L. 94–455, § 1906(a)(46)(F), substituted “surviving spouses” for “widows” in section catchline. - § 7448(a)(6): Pub. L. 94–455, § 1906(a)(46)(A), substituted “The term ‘surviving spouse’ means a surviving spouse of” for “The term ‘widow’ means a surviving wife of” and “a parent of issue” for “the mother of issue”. - § 7448(d): Pub. L. 94–455, § 1906(a)(46)(E), substituted “surviving spouse” for “widow” wherever appearing. - § 7448(h): Pub. L. 94–455, § 1906(a)(46)(B), (C), substituted “a surviving spouse” for “a widow”, “such surviving spouse” for “such widow”, “surviving spouse’s” for “widow’s”, “surviving spouse” for “surviving widow or widower”, “such spouse” for “she” and “surviving such spouse” for “surviving her”. - § 7448(j), § 7448(m), § 7448(n): Pub. L. 94–455, § 1906(a)(46)(E), substituted “surviving spouse” for “widow” wherever appearing. - § 7448(o): Pub. L. 94–455, § 1906(a)(46)(C), (D), (E), substituted “surviving spouse” for “widow”, “such spouse” for “she” and “such spouse’s” for “her”. - § 7448(q): Pub. L. 94–455, § 1906(a)(46)(E), substituted “surviving spouse” for “widow”. ## § 7451: Petitions - § 7451: Pub. L. 94–455 inserted “or under section 7428” after “part IV of this subchapter”. ## § 7452: Representation of parties - § 7452: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7454: Burden of proof in fraud, foundation man­ager, and transferee cases - § 7454(a), § 7454(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7456: Administration of oaths and procurement of testimony - § 7456(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7457: Witness fees - § 7457(b)(1): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7458: Hearings - § 7458: Pub. L. 94–455 struck out “or his delegate” after “Secretary” and struck out “nor his delegate” after “nor the Secretary”. ## § 7459: Reports and decisions - § 7459(c): Pub. L. 94–455 inserted “or under section 7428” after “under part IV of this subchapter” and struck out “or his delegate” after “Secretary”. - § 7459(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 7461: Publicity of proceedings - § 7461: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7463: Disputes involving $50,000 or less - § 7463: Subsec, (d). Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7471: Employees - § 7471(a): Pub. L. 94–455, § 1906(a)(47)(A), among other changes, substituted provisions referring to title 5 of the United States Code for provisions referring to the civil service law, and to chapter 51 and subchapter III of chapter 53 of title 5 for the Classification Act of 1949. - § 7471(b): Pub. L. 94–455, § 1906(a)(47)(B), substituted “as provided in chapter 57 of title 5, United States Code” for “as provided in the Travel Expense Act of 1949 (63 Stat. 166; 5 U.S.C. chapter 16)”. ## § 7476: Declaratory judgments relating to qualification of certain retirement plans - § 7476: Pub. L. 94–455, § 1042(d)(2)(C), inserted “relating to qualification of certain retirement plans” after “Declaratory judgments” in section catchline. - § 7476(a): Pub. L. 94–455, §§ 1906(a)(48), (b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing, and “United States” after “appropriate pleading, the” in provisions following par. (2). - § 7476(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out in pars. (1) to (3) and (5), “or his delegate” after “Secretary” wherever appearing. - § 7476(c): Pub. L. 94–455, § 1306(b)(3), substituted “this section or section 7428” for “this section”. ## § 7481: Date when Tax Court decision becomes final - § 7481(a)(3)(A), § 7481(a)(3)(B)(iii): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7482: Courts of review - § 7482(b)(1)(D): Pub. L. 94–455, § 1042(d)(2)(A), added subpar. (D). - § 7482(b)(1)(E): Pub. L. 94–455, § 1306(b)(4), added subpar. (E). - § 7482(b)(1): Pub. L. 94–455, §§ 1042(d)(2)(B), 1306(b)(5), in provisions following subpar. (E), substituted “no subparagraph of the preceding sentence applies” for “subparagraph (A), (B), and (C) do not apply” and “section 7428, 7476, or 7477” for “section 7476”. - § 7482(b)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 7484: Change of incumbent in office - § 7484: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7502: Timely mailing treated as timely filing and paying - § 7502(b): Pub. L. 94–455, § 1906(a)(49), (b)(13)(A), substituted “United States Postal Service” for “United States Post Office” after “made by the”, and struck out “or his delegate” after “Secretary”. - § 7502(c)(2), § 7502(e)(1): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 7503: Time for performance of acts where last day falls on Saturday, Sunday, or legal holiday - § 7503: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7504: Fractional parts of a dollar - § 7504: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7505: Sale of personal property acquired by the United States - § 7505(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7506: Administration of real estate acquired by the United States - § 7506(a), § 7506(b), § 7506(c), § 7506(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7507: Exemption of insolvent banks from tax - § 7507(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 7507(c): Pub. L. 94–455, § 1906(a)(50), struck out “after May 28, 1938” in par. (2) after “or remitted” and in par. (3) after “been refunded”. ## § 7508: Time for performing certain acts postponed by reason of service in combat zone or contingency operation - § 7508: Pub. L. 94–455, § 1906(a)(51)(A), substituted “by reason of service in combat zone” for “by reason of war” in section catchline. - § 7508(a): Pub. L. 94–455, § 1906(a)(51)(B), (b)(13)(A), substituted “United States” for “States of the Union and the District of Columbia” in two places after “hospitalized outside the” and “hospitalization outside the”, and struck out “or his delegate” after “Secretary”. - § 7508(d): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. ## § 7509: Expenditures incurred by the United States Postal Service - § 7509: Pub. L. 94–455 substituted “United States Postal Service” for “Post Office Department” in section catchline and wherever appearing in text, “such Service” for “such Department”, and struck out “, together with the receipts required to be deposited under section 6803(a),” after “Treasury of the United States” and “or his delegate” after “Secretary”. ## § 7510: Exemption from tax of domestic goods purchased for the United States - § 7510: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7512: Separate accounting for certain collected taxes, etc. - § 7512: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7513: Reproduction of returns and other documents - § 7513(a), § 7513(b): Pub. L. 94–455, § 1906(b) (13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 7513(c), § 7513: Pub. L. 94–455, § 1202(f), redesignated subsec. (d) as (c) and struck out former subsec. (c) which related to legal status and evidentiary use of reproductions. ## § 7514: Authority to prescribe or modify seals - § 7514: Pub. L. 94–455 substituted “functions of the Secretary of the Treasury” for “functions of the Secretary” after “whom any of the” and struck out “or his delegate” after “Secretary” wherever appearing. ## § 7516: Supplying training and training aids on request - § 7516: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7517: Furnishing on request of statement explaining estate or gift valuation - Enacted 26 U.S.C. § 7517. ## § 7601: Canvass of districts for taxable persons and objects - § 7601: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7602: Examination of books and witnesses - § 7602: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7603: Service of summons - § 7603: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7604: Enforcement of summons - § 7604(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7605: Time and place of examination - § 7605(a): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. - § 7605(b), § 7605(c): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7606: Entry of premises for examination of taxable objects - § 7606: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7608: Authority of internal revenue enforcement officers - § 7608: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7609: Special procedures for third-party summonses - Enacted 26 U.S.C. § 7609. ## § 7610: Fees and costs for witnesses - Enacted 26 U.S.C. § 7610. ## § 7613: Cross references - § 7613(a): Pub. L. 94–455, § 1904(b)(7)(D), (9)(E), struck out pars. (1) and (2) relating to cross references to wholesale dealers in oleomargarine and wholesale dealers in process or renovated butter or adulterated butter, respectively, and redesignated pars. (5) and (6) as (1) and (2), respectively. ## § 7621: Internal revenue districts - § 7621(b): Pub. L. 94–455 struck out “Territory” after “any State” and “or a Territory and one or more States” after “two or more States”. ## § 7622: Authority to administer oaths and certify - § 7622(a): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 7622(b): Pub. L. 94–455, § 1906(c)(2), struck out “Territory” after “any State”. ## § 7623: Expenses of detection of underpayments and fraud, etc. - § 7623: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7651: Administration and collection of taxes in possessions - § 7651(2)(A): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7652: Shipments to the United States - § 7652(a)(2): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. - § 7652(b)(3): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in provisions following subpar. (B). - § 7652(b)(3): Pub. L. 94–455, § 1906(a)(55)(B), as amended by Pub. L. 98–213, § 5(c)(1), substituted “emergency relief purposes and essential public projects” for “emergency relief purposes and essential public projects, with the prior approval of the President or his designated representative” in provisions following subpar. (B). Prior to amendment by Pub. L. 98–213, the latter phrase had been substituted for “approved emergency relief purposes and essential public projects as provided in subparagraph (B)”. - § 7652(b)(3): Pub. L. 94–455, § 1906(a)(55)(C), struck out “including payments under subparagraph (B)” after “public projects only” in provisions following subpar. (B). - § 7652(b)(3)(A): Pub. L. 94–455, § 1906(a)(55)(D), as added by Pub. L. 98–213, § 5(c)(2), struck out proviso after “determine” requiring approval of the President or his designated representative before such moneys may be obligated or expended. - § 7652(b)(3)(B), § 7652(b)(3): Pub. L. 94–455, § 1906(a)(55)(A), redesignated subpar. (C) as (B). Former subpar. (B) relating to disposition of internal revenue collections in Virgin Islands for fiscal years ending June 30, 1955 and 1956 was struck out. ## § 7653: Shipments from the United States - § 7653(d): Pub. L. 94–455 struck out “ch. 512, 64 Stat. 392, section 30” after “August 1, 1950”. ## § 7654: Coordination of United States and certain possession individual income taxes - § 7654(d), § 7654(e): Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7655: Cross references - § 7655(a): Pub. L. 94–455 substituted “Chapter 37” for “Subchapter A of chapter 37” in par. (5) and redesignated par. (5) as (3). ## § 7701: Definitions - § 7701(a)(4): Pub. L. 94–455, § 1906(c)(3), struck out “or Territory” after “any State”. - § 7701(a)(11): Pub. L. 94–455, § 1906(a)(57)(A), substituted definitions of “Secretary of the Treasury” and “Secretary” for “Secretary.—The term ‘Secretary’ means the Secretary of the Treasury”. - § 7701(a)(12)(A): Pub. L. 94–455, § 1906(a)(57)(B), substituted definition of “or his delegate” for definition of “Secretary of his delegate”. - § 7701(a)(19), § 7701(a)(23), § 7701(a)(33): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 7701(a)(36): Pub. L. 94–455, § 1203(a), added par. (36). ## § 7801: Authority of Department of the Treasury - § 7801(b): Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary” in four places, in par. (1) after “prescribed by the”, in par. (2) after “prescribed by the” and in third sentence thereof “The”, and in par. (3) before “may appoint and fix”. ## § 7802: Internal Revenue Service Oversight Board - § 7802(a): Pub. L. 94–455, § 1906(b)(13)(B), substituted “Secretary of the Treasury” for “Secretary” after “prescribed by the”. - § 7802(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 7803: Commissioner of Internal Revenue; other officials - § 7803(a), § 7803(b), § 7803(c): Pub. L. 94–455, § 1906(b) (13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 7803(c), § 7803(d): Pub. L. 94–455, § 1906(a)(58), redesignated subsec. (d) as (c). ## § 7804: Other personnel - § 7804: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7805: Rules and regulations - § 7805: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7808: Depositaries for collections - § 7808: Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7809: Deposit of collections - § 7809(a): Pub. L. 94–455, § 1906(a)(59), (b)(13)(A), struck out “4735, 4762” after “and in sections”, and “or his delegate” after “Secretary” in two places. - § 7809(b): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing. - § 7809(c)(1): Pub. L. 94–455, § 1202(h)(5), substituted “section 6103(p) (relating to furnishing of copies of returns or of return information), and section 6108(b) (relating to special statistical studies and compilations)” for “section 7515 (relating to special statistical studies and compilations for other services on request)” after “performed pursuant to”. ## § 7810: Revolving fund for redemption of real property - § 7810: Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing. ## § 7851: Applicability of revenue laws - § 7851(a)(5): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 7852: Other applicable rules - § 7852(e): Pub. L. 94–455 added subsec. (e). ## § 8001: Authorization - § 8001: Pub. L. 94–455 struck out “Internal Revenue” after “Committee on”. ## § 8004: Appointment and compensation of staff - § 8004: Pub. L. 94–455 substituted “compensation of the Chief of Staff of the Joint Committee” for “compensation of a clerk” after “appoint and fix the”. ## § 8021: Powers - § 8021(d): Pub. L. 94–455 struck out par. (2) relating to limitation on cost of stenographic services in reporting hearings. ## § 8023: Additional powers to obtain data - § 8023(a): Pub. L. 94–455, § 1210(c), inserted provision that in investigation by Joint Committee on Taxation of the administration of the internal revenue taxes by the Internal Revenue Service, the Chief of Staff of the Joint Committee on Taxation is authorized to secure directly from the Internal Revenue Service such tax returns, or copies of tax returns, and other relevant information, as the Chief of Staff deems necessary for such investigation, and the Internal Revenue Service is authorized and directed to furnish such tax returns and information to the Chief of Staff together with a brief report, with respect to each return, as to any action taken or proposed to be taken by the Service as a result of any audit of the return. - § 8023(c): Pub. L. 94–455, § 1907(a)(4), substituted “any” for “Reorganization Plan Numbered 26 of 1950 or to any other” after “without regard to” and “the date of the enactment of this subsection” for “February 28, 1951” after “before, or after”. ## § 9003: Condition for eligibility for payments - § 9003(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 9005: Certification by Commission - § 9005(a): Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. ## § 9006: Payments to eligible candidates - § 9006(a), § 9006(b): Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. - § 9006(c): Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”. ## § 9007: Examinations and audits; repayments - § 9007(b): Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. - § 9007(d): Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. ## § 9010: Participation by Commission in judicial proceedings - § 9010(b): Pub. L. 94–455 substituted “to the Secretary of the Treasury” for “to the Secretary”. ## § 9012: Criminal penalties - § 9012(e)(3): Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. ## § 9037: Payments to eligible candidates - § 9037(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary” in three places. ## § 9038: Examinations and audits; repayments - § 9038(b)(1), § 9038(b)(2), § 9038(d): Pub. L. 94–455 struck out “or his delegate” after “Secretary”. ## § 9040: Participation by Commission in judicial proceedings - § 9040(b): Pub. L. 94–455 struck out “or his delegate” after “Secretary”.