Pub. L. 95-600: Nov. 6, 1978

Bill H.R. 13511 · Bluebook JCT general explanation (1979)

§ 1 Tax imposed

(a) Pub. L. 95–600 generally made a downward revision of tax table for married individuals filing joint returns and…
(b) Pub. L. 95–600 generally made a downward revision of tax table for heads of household resulting in a table under which…
(c) Pub. L. 95–600 generally made a downward revision of tax table for unmarried individuals other than surviving spouses…
(d) Pub. L. 95–600 generally made a downward revision of tax tables for married individuals filing separate returns…
(e) Pub. L. 95–600 generally made a downward revision of tax tables for estates and trusts resulting in a table under…

§ 3 Tax tables for individuals

(b)(1) Pub. L. 95–600 redesignated subpars. (C) and (D) as (B) and (C), respectively, and struck out former subpar. (B) which…

§ 5 Cross references relating to tax on individuals

(a)(3) Pub. L. 95–600, § 401(b)(2), redesignated par. (4) as (3). Former par. (3), relating to the alternative tax in the case…
(a)(4) (a) Pub. L. 95–600, §§ 401(b)(2), 421(e)(1), redesignated par. (5) as (4) and substituted “taxpayers other than…

§ 11 Tax imposed

§ 11 Pub. L. 95–600 reduced corporate tax rates by substituting provisions imposing a five-step tax rate structure on…

§ 12 Cross references relating to tax on corporations

§ 12 Pub. L. 95–600 substituted “benefits of graduated rate schedule provided in section 11(b)” for “the $25,000 exemption…

§ 15 Effect of changes

(f) Pub. L. 95–600 added subsec. (f).

§ 21 Expenses for household and dependent care services necessary for gainful employment

(f) Pub. L. 95–600 substituted provision disallowing a credit for any amount paid by a taxpayer to an individual with…

§ 22 Credit for the elderly and the permanently and totally disabled

(e)(2) Pub. L. 95–600, § 701(a)(1), inserted “(and whose gross income includes income described in paragraph (4)(B))” after…
(e) Pub. L. 95–600, § 701(a)(2), (3)(B), as amended by Pub. L. 96–222, § 107(a)(1)(E)(i), inserted “and who performed the…
(e) Pub. L. 95–600, § 701(a)(3)(C), as amended by Pub. L. 96–222, § 107(a)(1)(E)(i), substituted reference to paragraph…
(e) Pub. L. 95–600, § 701(a)(3)(A), as amended by Pub. L. 96–222, § 107(a)(1)(E)(i), added par. (8) and redesignated former…

§ 32 Earned income

(a) Pub. L. 95–600, § 104(a), substituted “subtitle” for “chapter” and “$5,000” for “$4,000”.
(b) Pub. L. 95–600, § 104(b), substituted provision limiting the allowable credit to an amount not to exceed the excess of…
(c)(1) Pub. L. 95–600, § 104(e), amended par. (1) generally, substituting in definition of eligible individual one who is…
(c)(2)(B) Pub. L. 95–600, § 104(d), redesignated cls. (ii) to (iv) as (i) to (iii), respectively. Former cl. (i), which provided…
(f) Pub. L. 95–600, § 104(c), added subsec. (f).
(h) Pub. L. 95–600, § 105(a), added subsec. (h).

§ 46 Amount of credit

§ 46 Pub. L. 95–600, § 312(c)(2), as amended by Pub. L. 96–222, § 103(a)(2)(A), substituted “ ‘described in section 50 (as…
§ 46 Pub. L. 95–600, § 311(a), made 10 percent limitation on investment tax credit permanent.
§ 46 Pub. L. 95–600, § 141(e), (f)(2), substituted “December 31, 1983” for “and ending on December 31, 1980” wherever…
§ 46 Pub. L. 95–600, § 312(a), increased the present 50 percent tax liability limitation to 90 percent, to be phased in at…
§ 46 Pub. L. 95–600, § 312(b)(1), in subpar. (A) substituted “the taxable year ending in 1979” for “a taxable year ending…
§ 46 Pub. L. 95–600, § 312(b)(2), in subpar. (A) substituted “the taxable year ending in 1979” for “a taxable year ending…
§ 46 Pub. L. 95–600, § 312(b)(2), struck out par. (9) which related to the alternative limitation in the case of certain…
§ 46 Pub. L. 95–600, § 311(c)(1), substituted “To the extent that the credit allowed by section 38 with respect to any…
§ 46 Pub. L. 95–600, § 313(a), increased the investment credit available to pollution control facilities which a taxpayer…
§ 46 Pub. L. 95–600, § 316(b)(1), struck out subpar. (C) which related to a cooperative organization described in section…
§ 46 Pub. L. 95–600, § 316(b)(2), struck out subpar. (C) which related to a cooperative organization.
§ 46 Pub. L. 95–600, § 312(c)(2), struck out “described in section 50” after “with respect to any property”. See 1980…
§ 46 Pub. L. 95–600, §§ 311(c)(2), 703(a)(1), substituted “subsection (a)(7)(D)” for “subsection (a)(6)(D)” and inserted…
§ 46 Pub. L. 95–600, § 703(a)(2), substituted “Merchant Marine Act, 1936” for “Merchant Marine Act, 1970”.
§ 46 Pub. L. 95–600, § 316(a), added subsec. (h).

§ 47 Rehabilitation credit

(b) Pub. L. 95–600, § 317(a), added par. (3).

§ 48 Energy credit

(a)(7)(B) Pub. L. 95–600, § 312(c)(2), as amended by Pub. L. 96–222, § 103(a)(2)(A), substituted “ ‘described in section 50 (as…
(a)(1) Pub. L. 95–600, § 314(a), added par. (D).
(a)(1) Pub. L. 95–600, § 315(a), added par. (E).
(a)(7)(A) Pub. L. 95–600, § 312(c)(3), struck out “(other than pretermination property)” after “Property”.
(a)(7)(B) Pub. L. 95–600, § 312(c)(2), struck out “described in section 50” after “with respect to property”. See 1980 Amendment…
(a)(8) Pub. L. 95–600, § 315(c), substituted “188, or 191” for “or 188”.
(d)(1) Pub. L. 95–600, § 703(a)(3), substituted “section 46(a)(6)” for “section 46(a)(5)”.
(d) Pub. L. 95–600, § 703(a)(4), substituted “section 57(c)(1)(B)” for “section 57(c)(2)”.
§ 48 Pub. L. 95–600, § 315(b), added subsec. (g).
§ 48 Pub. L. 95–600, § 312(c)(1), struck out subsec. (h) which related to suspension of investment credit.
§ 48 Pub. L. 95–600, § 312(c)(1), struck out subsec. (i) which related to an exemption from suspension of $20,000 of…
§ 48 Pub. L. 95–600, § 312(c)(1), struck out subsec. (j) which defined “suspension period”.
§ 48 Pub. L. 95–600, § 141(b), added subsec. (n). Former subsec. (n) redesignated (p).
§ 48 Pub. L. 95–600, § 141(b), added subsec. (o).
§ 48 Pub. L. 95–600, §§ 141(b), 314(b), added subsec. (p). Former subsec. (n) redesignated (p) and subsequently as (q).

§ 51 Amount of credit

§ 51 Pub. L. 95–600 amended section generally and limited allowance of credit to the hiring of seven target groups with high…

§ 52 Special rules

(a) (b) Pub. L. 95–600, § 321(c)(1)(B), substituted “proportionate share of the wages” for “proportionate contribution to the…
(c) (d) Pub. L. 95–600, § 321(c)(1)(A), struck out subsec. (c) which related to dispositions by an employer, and redesignated…
(e) Pub. L. 95–600, § 321(c)(1)(A), (C), redesignated subsec. (g) as (e) and struck out par. (3) which provided that the…
§ 52 Pub. L. 95–600, § 321(c)(1)(A), redesignated subsecs. (f) to (h) as (d) to (f), respectively.
§ 52 Pub. L. 95–600, § 321(c)(1)(A)(i), struck out subsec. (i) which related to a $50,000 limitation in the case of married…
§ 52 Pub. L. 95–600, § 321(c)(1)(A)(i), struck out subsec. (j) which related to certain short taxable years.

§ 63 Taxable income defined

§ 63 Pub. L. 95–600 substituted “$3,400” for “$3,200” in par. (1), “$2,300” for “$2,200” in par. (2), and “$1,700” for…

§ 85 Unemployment compensation

Enacted § 85

§ 103 Interest on State and local bonds

(b)(1) Pub. L. 95–600, § 703(j)(1)(A), substituted “subsection (a)(1) or (2)” for “subsection (a)(1)” in heading.
(b) Pub. L. 95–600, §§ 332(a), 333(a), in subpar. (G)(i) inserted reference to electric utility, industrial, agricultural…
(b) Pub. L. 95–600, § 331(a), substituted in heading and cl. (i) “$10,000,000” for “$5,000,000”.
(b) Pub. L. 95–600, § 331(b), added subpar. (I).
(b) Pub. L. 95–600, § 334(a), (b), added par. (7), redesignated former par. (7) as (8) and, as so redesignated, substituted…
(c)(1) Pub. L. 95–600, § 703(j)(1)(B), substituted in heading and text “(a)(1) or (2)” for “(a)(1) or (4)”.
(c)(2) Pub. L. 95–600, § 703(j)(1)(C), substituted “subsection (a)(1) or (2)” for “subsection (a)(1) or (2) or (4)”.
(c) Pub. L. 95–600, § 703(j)(1)(D), (q)(1), as amended by Pub. L. 96–222, § 107(a)(3)(C), substituted “section 438 of the…
§ 103 Pub. L. 95–600, § 703(j)(1)(E), substituted “subsection (b)(4)(G)” for “subsection (c)(4)(G)”.

§ 105 Amounts received under accident and health plans

(d) Pub. L. 95–600, § 701 (c)(1), redesignated par. (5) as (4). Former par. (4) redesignated (5)(A) and (C).
(d) Pub. L. 95–600, § 701(c)(1), added heading and subpar. (B), redesignated former par. (4) as subpars. (A) and (C)…
(d) Pub. L. 95–600, § 701(c)(1), redesignated par. (7) as (6). Former par. (6) redesignated (5)(D).
(h) Pub. L. 95–600, § 366(a), added subsec. (h).

§ 118 Contributions to the capital of a corporation

(b)(1) Pub. L. 95–600, § 364(a)(1), (2), substituted in provisions preceding subpar. (A) “electric energy, gas (through a…
(b)(2) Pub. L. 95–600, § 364(a)(3), substituted “electric energy, gas, steam, water,” for “water”.
(b) Pub. L. 95–600, § 364(a)(4), substituted “line to an electric line, a gas main, a steam line, or a main water or sewer…
(b) Pub. L. 95–600, § 364(a)(5), substituted “electric energy, gas, water,” for “water” and inserted “(including in the…

§ 121 Exclusion of gain from sale of principal residence

§ 121 Pub. L. 95–600, § 404(a), substituted “One-time exclusion of gain from sale of principal residence by individual who…
(a) Pub. L. 95–600, § 404(a), substituted “55” for “65”, “5-year” for “8-year”, and “3 years” for “5 years”.
(b) Pub. L. 95–600, § 404(a), in par. (1) substituted provisions respecting dollar limitations for amount of gain for…
(d)(2) Pub. L. 95–600, § 404(c)(1), substituted “5-year period” for “8-year period”.
(d)(5) Pub. L. 95–600, § 404(c)(2), substituted “5-year period” for “8-year period” and “3 years” for “5 years”.
(d)(8) Pub. L. 95–600, § 404(b), added par. (8).

§ 125 Cafeteria plans

Enacted § 125

§ 126 Certain cost-sharing payments

Enacted § 126

§ 127 Educational assistance programs

Enacted § 127

§ 140 Cross references to other Acts

§ 140 Pub. L. 95–600 successively renumbered sections 125, 126, and 127 of this title as this section.

§ 151 Allowance of deductions for personal exemptions

§ 151 Pub. L. 95–600 increased exemption from $750 to $1,000 with respect to taxable years beginning after Dec. 31, 1978.

§ 164 Taxes

(a) Pub. L. 95–600, § 111(a), struck out par. (5) relating to a deduction for State and local taxes on the sale of…
(b)(5) Pub. L. 95–600, § 111(b), struck out in heading “and gasoline taxes” after “sales taxes”, and in text “or of any tax on…

§ 167 Depreciation

(i) Pub. L. 95–600, § 312(c)(4), struck out subsec. (i) which related to a limitation in the case of property constructed…
§ 167 Pub. L. 95–600, § 367, substituted “January 1, 1982” for “January 1, 1979” wherever appearing.
§ 167 Pub. L. 95–600, § 701(f)(4), in par. (1), substituted “occupied by a certified historic structure (or by any structure…
§ 167 Pub. L. 95–600, § 701(f)(6), inserted in par. (1) “(other than property with respect to which an amortization deduction…

§ 170 Charitable, etc., contributions and gifts

(e)(1)(B) Pub. L. 95–600 substituted “40 percent” for “50 percent” and “28⁄46” for “62½ percent”.

§ 172 Net operating loss deduction

(b)(1)(A) Pub. L. 95–600, § 371(a)(2), as amended by Pub. L. 96–222, § 103(a)(15), substituted “(G), and (H)” for “and (G)”.
(b)(1)(A) Pub. L. 95–600, § 703(p)(1)(A), struck out provisions relating to net operating loss carryback with respect to a…
(b)(1)(B) Pub. L. 95–600, § 701(d)(1), inserted reference to subpar. (G).
(b)(1) Pub. L. 95–600, § 371(a)(1), added subpar. (H) relating to product liability losses.
(b)(1) Pub. L. 95–600, § 601(b)(1), added subpar. (H) relating to an electing GSOC.
(b)(3) Pub. L. 95–600, § 703(p)(1)(B), redesignated subpar. (C) as (A). Former subpar. (A), which related to conditions for…
(b)(3) Pub. L. 95–600, § 703(p)(1)(B), (C), redesignated subpar. (D) as (B) and substituted “subparagraph (A)(iii)” for…
(b)(3) Pub. L. 95–600, § 703(p)(1)(B), redesignated subpar. (E) as (C). Former subpar. (C) redesignated (A).
(b)(3) Pub. L. 95–600, § 703(p)(1)(B), redesignated subpars. (D) and (E) as (B) and (C), respectively.
§ 172 Pub. L. 95–600, § 371(b), added subsec. (i) and redesignated former subsec. (i) as (j).

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

(b)(6) Pub. L. 95–600, added par. (6).

§ 219 Retirement savings

(b)(4) Pub. L. 95–600, § 156(c)(3), inserted “403(b)(8)” after “403(a)(4)”.
(b) Pub. L. 95–600, § 152(c), added par. (7).
(c) Pub. L. 95–600, § 157(a)(1), substituted “not later than the time prescribed by law for filing the return for such…
(c) Pub. L. 95–600, § 703(c)(1), substituted “subsection (b)(2)(A)(iv)” for “subsection (b)(3)(A)(iv)” wherever appearing.
(c) Pub. L. 95–600, § 157(b)(1), added par. (5).

§ 274 Disallowance of certain entertainment, etc., expenses

(a)(1) Pub. L. 95–600, § 361(a), substituted provisions allowing no deduction for expenses paid or incurred with respect to a…
(a)(2) Pub. L. 95–600, § 361(b), as amended by Pub. L. 96–222, § 103(a)(10)(B), added subpar. (C).
(h)(3) Pub. L. 95–600, § 701(g)(3), substituted “at least one-half” for “more than one-half” in first sentence.
(h)(6)(D) Pub. L. 95–600, § 701(g)(1), designated existing provisions as cl. (i), inserted introductory phrase “Except as…
(h)(6)(E) Pub. L. 95–600, § 701(g)(2), added subpar. (E).

§ 275 Certain taxes

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

(d)(3) Pub. L. 95–600 added par. (3).

§ 280B Demolition of structures

§ 280B Pub. L. 95–600 substituted “registered historic district (as defined in section 191(d)(2))” for “Registered Historic…

§ 280C Certain expenses for which credits are allowable

§ 280C Pub. L. 95–600, as amended by Pub. L. 96–178 and Pub. L. 96–222, substituted “section 40 or 44B” for “section 44B” in…

§ 306 Dispositions of certain stock

(a) Pub. L. 95–600, § 702(a)(1), added par. (3) which related to ordinary income from the sale or redemption of section 306…
(b) Pub. L. 95–600, § 702(a)(2), added par. (5) which provided that subsec. (a) of this section shall not apply to the…

§ 311 Taxability of corporation on distribution

§ 311 Pub. L. 95–600 redesignated subpar. (H) as (G).

§ 316 Dividend defined

(b)(3) Pub. L. 95–600 inserted “regulated investment company or” after “distributions by a” in heading and substituted in text…

§ 357 Assumption of liability

(c)(3) Pub. L. 95–600 added par. (3).

§ 358 Basis to distributees

(d) Pub. L. 95–600 designated existing provisions as par. (1) and added par. (2).

§ 368 Definitions relating to corporate reorganizations

(a)(2)(F) Pub. L. 95–600 substituted in cl. (iii), first sentence, “50 percent or more” and “80 percent or more” for “more than…

§ 381 Carryovers in certain corporate acquisitions

(c)(25) Pub. L. 95–600 substituted “regulated investment company or real estate investment trust” for “real estate investment…

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

(a)(5) Pub. L. 95–600, § 152(e), inserted provision that for purposes of determining whether one or more plans of the employer…
(a)(21) Pub. L. 95–600, § 141(f)(3), substituted “ESOP” for “employee stock option plan which satisfies the requirements of…
(a)(22) Pub. L. 95–600, § 143(a), added par. (22).
(k) (l) Pub. L. 95–600, § 135(a), added subsec. (k) and redesignated former subsec. (k) as (l).

§ 402 Taxability of beneficiary of employees’ trust

(a) Pub. L. 95–600, § 157(h)(1), substituted “subparagraphs (B) and (H) of subsection (e)(4)” for “subsection (e)(4)(B)”.
(a) Pub. L. 95–600, § 157(f)(1), added subpar. (D).
(a) Pub. L. 95–600, § 157(g)(1), added par. (7).
(a) Pub. L. 95–600, § 135(b), added par. (8).
(e)(1) Pub. L. 95–600, § 101(d)(1), substituted “$2,300” for “$2,200”.

§ 403 Taxation of employee annuities

(a)(4) Pub. L. 95–600, § 157(g)(2), in subpar. (B) substituted “paragraphs (6) and (7)” for “paragraph (6)”.
(b)(1) Pub. L. 95–600, § 156(b), inserted provision relating to application of rules of this subsection to amounts contributed…
(b)(7)(A) Pub. L. 95–600, § 154(a), struck out “the amounts are paid to provide a retirement benefit for that employee and are to…
(b)(8) Pub. L. 95–600, § 156(a), added par. (8).

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

(a)(2) Pub. L. 95–600, § 141(f)(9), substituted “(20), and (22)” for “and (20)”.
(b) Pub. L. 95–600, § 133(b), substituted “other plan” for “similar plan”.
(d) Pub. L. 95–600, § 133(a), added subsec. (d).
(h) Pub. L. 95–600, § 152(f), added subsec. (h).

§ 408 Individual retirement accounts

(a)(1) Pub. L. 95–600, § 156(c)(3), inserted reference to section 403(b)(8).
(b)(2) Pub. L. 95–600, § 157(d)(1), (e)(1)(A), designated existing provisions as subpars. (B) and (C) and added subpar. (A)…
(d)(3)(A) Pub. L. 95–600, § 156(c)(1), added cl. (iii).
(d)(3)(B) Pub. L. 95–600, § 157(g)(3), (h)(2), inserted provision relating to the applicability of clause (ii) of subparagraph…
(d)(4) Pub. L. 95–600, § 703(c)(4), amended Pub. L. 94–455, § 1501(b)(5). See 1976 Amendment note below.
(d)(5) (d)(6) Pub. L. 95–600, § 157(c)(1), added par. (5) and redesignated former par. (5) as (6).
(j) (k) (l) (m) Pub. L. 95–600, § 152(a), added subsecs. (j) to (l) and redesignated former subsec. (j) as (m).

§ 409 Qualifications for tax credit employee stock ownership plans

Enacted § 409

§ 414 Definitions and special rules

(b) (c) Pub. L. 95–600 inserted “408(k),” after “sections 401,” wherever appearing.

§ 415 Limitations on benefits and contribution under qualified plans

(a)(2) Pub. L. 95–600, § 152(g)(1), (2), as amended by Pub. L. 96–222, § 101(a)(10)(J)(iii), added subpar. (E), redesignated…
(b)(7) Pub. L. 95–600, § 153(a), added par. (7).
(c)(6)(B) Pub. L. 95–600, § 141(f)(7), substituted “leveraged employee stock ownership plan (within the meaning of section…
(c)(6)(B) Pub. L. 95–600, § 141(f)(7), substituted “has the meaning given to such term by section 409A” for “means, in the case…
(e) Pub. L. 95–600, § 152(g)(3), inserted “any simplified employee pension,” after “section 408(b),”.
(k)(1) Pub. L. 95–600, § 152(g)(4), added subpar. (G) and redesignated former subpar. (G) as (H).

§ 443 Returns for a period of less than 12 months

(b)(1) Pub. L. 95–600, § 703(o)(2), substituted “modified taxable income for such short period” for “gross income for such…
(b)(2) Pub. L. 95–600, § 703(o)(1), substituted in cl. (i) “modified taxable income” for “taxable income” in two places and in…
(b)(3) Pub. L. 95–600, § 703(o)(3), added par. (3).
(d) Pub. L. 95–600, § 421(e)(2), substituted “Adjustment in computing minimum tax for tax preferences” for “Adjustment in…

§ 447 Method of accounting for corporations engaged in farming

(a) Pub. L. 95–600, §§ 353(a), 703(d), substituted in provisions following par. (2) “preproductive period expenses” for…
§ 447 Pub. L. 95–600, § 701(l)(1), struck out “(except as otherwise provided in such regulations)” before “be taken” and…
§ 447 Pub. L. 95–600, § 703(d), substituted “preproductive period expenses” for “preproductive expenses”.
§ 447 Pub. L. 95–600, § 351(a), added subsec. (h).

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

Enacted § 457

§ 458 Magazines, paperbacks, and records returned after the close of the taxable year

Enacted § 458

§ 464 Limitations on deductions for certain farming expenses

(c) Pub. L. 95–600 substituted in subpar. (E) “(or a spouse of any such member)” for “(within the meaning of section…

§ 465 Deductions limited to amount at risk

§ 465 Pub. L. 95–600, § 201(c)(1), substituted “Deductions limited to amount at risk” for “Deductions limited to amount at…
(a) Pub. L. 95–600, § 202, redesignated existing provisions as par. (1), substituted provisions relating to limitations…
(c)(3) Pub. L. 95–600, § 201(a), added par. (3).
(d) Pub. L. 95–600, § 701(k)(2), substituted “(determined without regard to the first sentence of subsection (a))” for…
(e) Pub. L. 95–600, § 203, added subsec. (e).

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

(c)(20) Pub. L. 95–600, § 703(b)(2), substituted “this paragraph” for “section 501(c)(20)”.
(g) (i) Pub. L. 95–600, § 703(g)(2)(B), redesignated subsec. (g), which was added by section 2(a) of Pub. L. 94–568, as subsec.…
(i) (j) Pub. L. 95–600, § 703(g)(2)(A), amended Pub. L. 95–600, § 2(a). See 1976 Amendment note below.

§ 511 Imposition of tax on unrelated business income of charitable, etc., organizations

(a)(1) Pub. L. 95–600, § 301(b)(5)(A), substituted “a tax” for “a normal tax and a surtax”.
(a)(2) Pub. L. 95–600, § 301(b)(5)(B), substituted “tax” for “taxes” wherever appearing.
§ 511 Pub. L. 95–600, § 421(e)(3), substituted provisions relating to organizations taxable at corporate rates and…

§ 527 Political organizations

(b) Pub. L. 95–600 substituted “Such tax shall be computed by multiplying the political organization taxable income by the…

§ 528 Certain homeowners associations

(b) Pub. L. 95–600, § 301(b)(7), substituted “Such tax shall be computed by multiplying the homeowners association taxable…
(b) Pub. L. 95–600, § 403(c)(2), substituted provision related to amount being determined according to section 1201(a) for…
(c)(2) Pub. L. 95–600, § 701(n)(1), substituted “by individuals for residences” for “as residences”.

§ 537 Reasonable needs of the business

(b)(4) (b)(5) Pub. L. 95–600 added par. (4) and redesignated former par. (4) as (5).

§ 642 Special rules for credits and deductions

(i) § 642 Pub. L. 95–600 redesignated subsecs. (j) and (k) as (i) and (j), respectively. Former subsec. (i), which did not allow…

§ 665 Definitions applicable to subpart D

(d) Pub. L. 95–600 designated existing provisions as par. (1), defined “taxes imposed on the trust” to mean imposition of…

§ 666 Accumulation distribution allocated to preceding years

(b) Pub. L. 95–600 inserted “(other than the tax imposed by section 55)” after “equal to the taxes”.

§ 667 Treatment of amounts deemed distributed by trust in preceding years

(b)(1) Pub. L. 95–600, § 701(q)(1)(C), inserted in last sentence “(other than the amount of taxes described in section…
(b)(6) Pub. L. 95–600, § 702(o)(1), added par. (6).
(d) Pub. L. 95–600, § 701(q)(1)(B), added subsec. (d).
(e) Pub. L. 95–600, § 701(r)(1), added subsec. (e).

§ 691 Recipients of income in respect of decedents

(c)(4) Pub. L. 95–600 added par. (4).

§ 704 Partner’s distributive share

(d) Pub. L. 95–600 struck out provisions relating to adjusted basis of a partner’s interest.

§ 736 Payments to a retiring partner or a deceased partner’s successor in interest

§ 736 Pub. L. 95–600 added subsec. (c).

§ 751 Unrealized receivables and inventory items

(e) Pub. L. 95–600 added subsec. (e).

§ 835 Election by reciprocal

(c)(1) Pub. L. 95–600 substituted “the tax imposed by section 11” for “the taxes imposed by section 11(b) and (c)”.

§ 851 Definition of regulated investment company

(b) Pub. L. 95–600 required that for purposes of pars. (2) and (3), amounts excludable from gross income under section…

§ 852 Taxation of regulated investment companies and their shareholders

(b)(1) Pub. L. 95–600, § 301(b)(11), substituted “a tax” for “a normal tax and surtax”.
(b)(3)(C) Pub. L. 95–600, § 362(c), inserted “, except that, if there is an increase in the excess described in subparagraph (A)…
(b)(4) Pub. L. 95–600, § 701(s)(2), designated first sentence, including subpars. (A) and (B), as subpar. (A), cls. (i) and…

§ 856 Definition of real estate investment trust

(c)(2)(H) Pub. L. 95–600, § 363(a)(1), added subpar. (H).
(c)(3)(D) Pub. L. 95–600, § 701(t)(2), inserted “(other than gain from prohibited transactions)” after “on, and gain”.
(c)(3)(H) Pub. L. 95–600, § 363(a)(2), added subpar. (H).
(c)(4)(B) Pub. L. 95–600, § 363(a)(3), substituted “property in a transaction which is a prohibited transaction” for “section…
(e)(3) Pub. L. 95–600, § 363(c), substituted “the Secretary may grant one or more extensions of the grace period for such…

§ 857 Taxation of real estate investment trusts and their beneficiaries

(b)(1) Pub. L. 95–600, § 301(b)(12), substituted “a tax” for “a normal tax and surtax”.
(b)(3)(A) Pub. L. 95–600, § 403(c)(3), substituted “a tax determined at the rate provided in section 1201(a) on” for “a tax of 30…
(b)(3)(C) Pub. L. 95–600, § 362(d)(3), substituted “section 860(e)” for “section 859(c)”.
(b)(6)(C) (b)(6)(D) (b)(6)(E) Pub. L. 95–600, § 363(b), added subpars. (C) to (E).

§ 859 Adoption of annual accounting period

§ 859 Pub. L. 95–600, § 701(t)(1), designated existing provisions as par. (1), substituted “change to any accounting period”…

§ 860 Deduction for deficiency dividends

Enacted § 860

§ 861 Income from sources within the United States

(a)(1) Pub. L. 95–600, § 540(a), designated existing provisions as cl. (i) and added cl. (ii).
§ 861 Pub. L. 95–600, § 370(a), added subsec. (f).

§ 871 Tax on nonresident alien individuals

(b)(1) Pub. L. 95–600, §§ 401(b)(3), 421(e)(4), substituted “section 1, section 55, or 402(e)(1)” for “section 1, 402(e)(1)…

§ 877 Expatriation to avoid tax

(b) Pub. L. 95–600 substituted “section 1, section 55,” for “section 1”.

§ 882 Tax on income of foreign corporations connected with United States business

(a) Pub. L. 95–600 substituted in subsec. (a) heading “Imposition of tax” for “Normal tax and surtax” and in par. (1)…

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

(g)(1) Pub. L. 95–600, § 701(u)(1)(A), inserted provisions prohibiting a deduction for any tax of a foreign country or…
(g)(2) Pub. L. 95–600, § 701(u)(1)(B), inserted provision relating to application of section 957(c) of this title.

§ 904 Limitation on credit

(b)(2) Pub. L. 95–600, §§ 403(c)(4)(A), 701(u)(2)(A), (3)(A), in subpar. (A) substituted “this section” for “subsection (a)”…
(b)(3) Pub. L. 95–600, §§ 403(c)(4)(B), 701(u)(2)(B), (C), as amended by Pub. L. 96–222, § 104(a)(3)(D)(ii), substituted…
(f)(2)(A) Pub. L. 95–600, § 701(u)(4)(A), struck out provision relating to capital loss carrybacks and carryovers.
(f)(4) Pub. L. 95–600, § 701(u)(4)(B), (8)(C), substituted in introductory provisions “In making the separate computation…
(f)(5) Pub. L. 95–600, § 701(q)(2), added par. (5).
(h) Pub. L. 95–600, § 421(e)(6), designated existing provisions as par. (1) and added par. (2).

§ 907 Special rules in case of foreign oil and gas income

(a)(2) Pub. L. 95–600, §§ 301(b)(14), 701(u)(8)(A), designated existing provisions as subpar. (A), inserted applicability to…
(b) Pub. L. 95–600, § 701(u)(8)(B), substituted provisions relating to applicability of section 904 separately to foreign…

§ 911 Citizens or residents of the United States living abroad

(a) Pub. L. 95–600, § 701(u)(10)(A), inserted provisions setting forth formula for determining amount of reduction of…
(c) Pub. L. 95–600, § 703(e), redesignated former par. (8) as (7). Such par. (8) was subsequently repealed by section…
(d)(1) Pub. L. 95–600, § 401(b)(4), struck out provisions respecting applicability of section 1201 of this title.

§ 962 Election by individuals to be subject to tax at corporate rates

(c) Pub. L. 95–600 substituted provisions relating to the pro ration of each section 11 bracket amount for provisions…

§ 995 Taxation of DISC income to shareholders

(b)(1) Pub. L. 95–600, § 703(i)(1), (2), substituted in subpar. (G) “subsection (d)” for “subsection (D)”, and in provisions…
(c)(1) Pub. L. 95–600, § 701(u)(12)(B), inserted provision relating to application of subpar. (C).

§ 996 Rules for allocation in the case of distributions and losses

(a)(2) Pub. L. 95–600 substituted “section (b)(1)(G)” for “section (b)(1)(E)”.

§ 999 Reports by taxpayers; determinations

(c)(1) Pub. L. 95–600, § 703(h)(2), substituted “995(b)(1)(F)(ii)” for “995(b)(3)”.
(c)(2) Pub. L. 95–600, § 703(h)(3), substituted “995(b)(1)(F)(ii)” for “995(b)(1)(D)(ii)”.

§ 1001 Determination of amount of and recognition of gain or loss

(e)(1) Pub. L. 95–600 inserted reference to section 1023. See Repeals note below.

§ 1014 Basis of property acquired from a decedent

(a) Pub. L. 95–600, § 702(c)(1)(A), designated existing provisions as pars. (1) and (2) and added par. (3).
(d) Pub. L. 95–600, § 515(1), substituted “December 31, 1979” for “December 31, 1976” in heading and text.

§ 1016 Adjustments to basis

(a)(21) Pub. L. 95–600, § 601(b)(3), as amended by Pub. L. 96–222, § 106(a)(3), added par. (21) relating to an adjustment to…
(a)(23) Pub. L. 95–600, § 702(r)(3), which redesignated par. (23) as (21), was repealed by Pub. L. 96–222, § 107(a)(2)(C), and…
(a)(23) Pub. L. 95–600, § 515(2), substituted “December 31, 1979” for “December 31, 1976”.

§ 1033 Involuntary conversions

(a)(2)(A)(ii) Pub. L. 95–600, § 703(j)(5), substituted “subsection (b)” for “subsection (c)”.
(f) (g) Pub. L. 95–600, § 542(a), added subsec. (f) and redesignated former subsecs. (f) and (g) as (g) and (h), respectively.
(h) Pub. L. 95–600, §§ 404(c)(4), 542(a), redesignated subsec. (g) as (h) and substituted in par. (3) “one-time exclusion”…

§ 1038 Certain reacquisitions of real property

(e)(1) Pub. L. 95–600, § 404(c)(6), substituted “relating to one-time exclusion of gain from sale of principal residence by…
(e)(1) Pub. L. 95–600, § 405(c)(3), which directed the amendment of section 1083(e)(1)(B) of this title by substituting…

§ 1040 Transfer of certain farm, etc., real property

(a) Pub. L. 95–600 substituted “chapter 11 (determined without regard to section 2032A)” for “chapter 11”.

§ 1212 Capital loss carrybacks and carryovers

(a)(1)(C) Pub. L. 95–600 substituted “succeeding the loss year” for “exceeding the loss year”.

§ 1223 Holding period of property

(11) Pub. L. 95–600 inserted reference to determination of basis of property under section 1023. See Repeals note below.

§ 1231 Property used in the trade or business and involuntary conversions

(b)(1)(D) Pub. L. 95–600 added subpar. (D).

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

(a) Pub. L. 95–600 substituted “of a character which is subject to the allowance for depreciation provided in section 167”…

§ 1244 Losses on small business stock

(b) Pub. L. 95–600, § 345(b), substituted in par. (1) “$50,000” for “$25,000” and in par. (2) “$100,000” for “$50,000”.
(c) Pub. L. 95–600, § 345(a), (c), among other changes, substituted provisions permitting a corporation to issue common…
(d)(2) Pub. L. 95–600, § 345(d), substituted “subparagraph (C)” for “subparagraph (E)” and “paragraphs (1)(C) and (3)(A)” for…

§ 1245 Gain from dispositions of certain depreciable property

(a)(2) Pub. L. 95–600, § 701(f)(3)(A), struck out from the listed sections in subpar. (D) reference to 191 and inserted “(in…
(a)(3)(D) Pub. L. 95–600, § 701(f)(3)(B), struck out reference to section 191.
(a) Pub. L. 95–600, § 701(w)(2), inserted “attributable to periods after December 31, 1975,” after “for the depreciation”…
(a) Pub. L. 95–600, § 701(w)(1), struck out provisions relating to the aggregate of the amounts treated as ordinary income.

§ 1250 Gain from dispositions of certain depreciable realty

(b)(3) Pub. L. 95–600, § 701(f)(3)(C), struck out reference to section 191.
(b)(4) Pub. L. 95–600, § 701(f)(3)(E), inserted reference to amortization deduction, amortization adjustments, and to section…
(d)(7) Pub. L. 95–600, § 405(c)(4), substituted “relating to rollover of gain on sale of principal residence” for “relating to…
(d)(7) Pub. L. 95–600, § 404(c)(7), inserted provisions relating to a one-time exclusion and principal residence and…

§ 1255 Gain from disposition of section 126 property

Enacted § 1255

§ 1351 Treatment of recoveries of foreign expropriation losses

(d)(4) Pub. L. 95–600 substituted “the rates of tax specified in section 11(b)” for “the normal tax rate provided by section…

§ 1388 Definitions; special rules

(j) Pub. L. 95–600 added subsec. (j).

§ 1402 Definitions

(a) Pub. L. 95–600, § 703(j)(8)(A), substituted “subsection (h)” for “subsection (i)” wherever appearing in last par.
(c)(6) Pub. L. 95–600, § 703(j)(8)(B), substituted “subsection (g)” for “subsection (h)”.

§ 1504 Definitions

(a) Pub. L. 95–600 substituted “(within the meaning for section 409A(l)) while such securities are held under an ESOP, or…

§ 1561 Limitation on accumulated earnings credit in the case of certain controlled corporations

(a) Pub. L. 95–600, § 301(b)(19)(A), in par. (1) substituted “amounts in each taxable income bracket in the tax table in…
(b) Pub. L. 95–600, § 301(b)(19)(B), substituted “the amount in each taxable income bracket in the tax table in section…
(b) Pub. L. 95–600, § 703(j)(7), substituted “804(a)(3)” for “804(a)(4)”.

§ 2001 Imposition and rate of tax

(e) Pub. L. 95–600 added subsec. (e).

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

(b)(1) Pub. L. 95–600, § 702(d)(1), inserted “which was acquired from or passed from the decedent to a qualified heir of the…
(c)(6) Pub. L. 95–600, § 702(d)(5)(A), inserted “unless the heir has furnished bond which meets the requirements of subsection…
(e)(9) Pub. L. 95–600, § 702(d)(2), added par. (9).
(e)(10) Pub. L. 95–600, § 702(d)(4), added par. (10).
(e)(11) Pub. L. 95–600, § 702(d)(5)(B), added par. (11).

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

(b) Pub. L. 95–600 substituted in par. (2) provisions relating to gifts for which donee was not required by section 6019 to…

§ 2036 Transfers with retained life estate

(a) Pub. L. 95–600, § 702(i)(2), struck out provision following par. (2) relating to the retention of voting rights in…
(b) (c) Pub. L. 95–600, § 702(i)(1), added subsec. (b) and redesignated former subsec. (b) as (c).

§ 2039 Annuities

§ 2039 Pub. L. 95–600, § 142(a), substituted “(other than an amount described in subsection (f))” for “(other than a lump sum…
§ 2039 Pub. L. 95–600, §§ 156(c)(4), 702(j)(1), inserted “section 403(b)(8) (but only to the extent such contribution is…
§ 2039 Pub. L. 95–600, § 142(b), added subsec. (f).

§ 2040 Joint interests

§ 2040 Pub. L. 95–600, § 511(a), added subsec. (c).
§ 2040 Pub. L. 95–600, § 702(k)(2), added subsecs. (d) and (e).

§ 2051 Definition of taxable estate

§ 2051 Pub. L. 95–600 struck out “exemption and” after “gross estate the”.

§ 2055 Transfers for public, charitable, and religious uses

(e)(3) Pub. L. 95–600 inserted “or (B)” before “of paragraph (2)”, substituted “on or before December 31, 1978” for “on or…

§ 2056 Bequests, etc., to surviving spouse

(c)(1) Pub. L. 95–600 inserted in cl. (ii) “required to be included in a gift tax return” after “with respect to any gift” and…

§ 2204 Discharge of fiduciary from personal liability

(d) Pub. L. 95–600 added subsec. (d).

§ 2503 Taxable gifts

(d) Pub. L. 95–600 added subsec. (d).

§ 2518 Disclaimers

(b)(4) Pub. L. 95–600 inserted provision relating to spouse of decedent.

§ 2602 Amount of tax

§ 2602 Pub. L. 95–600, § 702(h)(2), inserted “, as modified by section 2001(e)” after “within the meaning of section 2001(b)”.
§ 2602 Pub. L. 95–600, § 702(n)(4)(A), inserted “(or at the same time as the death of a beneficiary of the trust assigned to a…
§ 2602 Pub. L. 95–600, § 702(n)(4)(B), inserted “(or beneficiary)” after “the deemed transferor”.

§ 2613 Skip person and non-skip person defined

(b) Pub. L. 95–600, § 702(n)(3), substituted “a present interest and a present power” for “an interest and a power” and…
§ 2613 Pub. L. 95–600, § 702(n)(2), inserted provisions relating to powers of independent trustees and definition of a related…

§ 3121 Definitions

(a)(18) Pub. L. 95–600 added par. (18).

§ 3306 Definitions

(b)(13) Pub. L. 95–600 added par. (13).

§ 3401 Definitions

(a)(18) Pub. L. 95–600 added par. (18) relating to remuneration for which a corresponding deduction is allowable under section…

§ 3402 Income tax collected at source

(a) Pub. L. 95–600, § 101(e)(1), substituted “With respect to wages paid after December 31, 1978, the tables so prescribed…
(b)(1) Pub. L. 95–600, § 102(c)(1), increased the amounts set out in the table for one withholding exemption for each of the…
(m)(1) Pub. L. 95–600, §§ 101(e)(2), 102(c)(2), substituted “$1,000” for “$750”, “$3,400” for “$3,200” and “$2,300” for…
(r) Pub. L. 95–600, § 601(b)(2), added subsec. (r).

§ 4041 Imposition of tax

(h)(2) Pub. L. 95–600, § 703(l)(1), substituted “term ‘aircraft museum’ means” for “term ‘aircraft’ means”.
(i) (j) Pub. L. 95–600, § 703(l)(2), redesignated subsec. (i), relating to sales by United States, or by any agency or…

§ 4221 Certain tax-free sales

(c) Pub. L. 95–600 substituted “4063(b), 4063(e),” for “4063(b),”.

§ 4222 Registration

(d) Pub. L. 95–600 substituted “4063(b), 4063(e),” for “4063(b),”.

§ 4402 Exemptions

(2) Pub. L. 95–600 substituted “(as defined in section 4462 as in effect for years beginning before July 1, 1980)” for…

§ 4901 Payment of tax

(a) Pub. L. 95–600 struck out “or 4461(a)(1) (coin-operated gaming devices)” after “(wagering)”.

§ 4911 Tax on excess expenditures to influence legislation

(c)(2) Pub. L. 95–600 substituted “exempt purpose expenditures” for “proposed expenditures” in heading of table.

§ 4940 Excise tax based on investment income

(a) Pub. L. 95–600 substituted “2 percent” for “4 percent”.

§ 4942 Taxes on failure to distribute income

(j) Pub. L. 95–600 added par. (6).

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

(b)(1)(A) Pub. L. 95–600, § 156(c)(3), inserted reference to section 403(b)(8).
(b)(2) Pub. L. 95–600, § 157(b)(3), substituted “reduced by the sum of—” for “reduced by the excess (if any) of”, struck out…
(b) Pub. L. 95–600, §§ 157(j)(1), 701(aa)(1), struck out in last sentence “if such distribution consists of an excess…
(c)(1) Pub. L. 95–600, § 156(c)(5), inserted “(other than a rollover contribution described in section 403(b)(8)…

§ 4974 Excise tax on certain accumulations in qualified retirement plans

(c) Pub. L. 95–600 added subsec. (c).

§ 4975 Tax on prohibited transactions

(d)(3) Pub. L. 95–600, § 141(f)(6), substituted “leveraged employee” for “employee”.
(e)(7) Pub. L. 95–600, § 141(f)(5), substituted in heading “Leveraged employee” for “Employee”, and in text, “leveraged…

§ 6001 Notice or regulations requiring records, statements, and special returns

§ 6001 Pub. L. 95–600 inserted provision at end relating to only records which an employer shall be required to keep in…

§ 6012 Persons required to make returns of income

(a)(1)(A) Pub. L. 95–600, §§ 101(c), 102(b)(1), substituted in provision preceding cl. (i), “$1,000” for “$750”, in cl. (i)…
(a)(8) Pub. L. 95–600, § 105(d), added par. (8).
(c) Pub. L. 95–600, § 404(c)(8), inserted provisions relating to a one-time exclusion and principal residence, and…

§ 6013 Joint returns of income tax by husband and wife

(b)(3)(A) Pub. L. 95–600, § 102(b)(2), increased the exemptions wherever appearing from $750 and $1500 to $1,000 and $2,000…
(g)(1) Pub. L. 95–600, § 701(u)(15)(A), amended par. (1) generally, designating existing provisions as introductory material…
(g)(2) Pub. L. 95–600, § 701(u)(16)(A), substituted “who, at the close of the taxable year for which an election under this…
(g)(5) Pub. L. 95–600, § 701(u)(15)(B), substituted “chapters 1 and 5” for “chapter 1”.
(h)(1) Pub. L. 95–600, § 701(u)(15)(C), substituted “chapters 1 and 5” for “chapter 1” and inserted provision relating to…

§ 6041 Information at source

(c) (d) Pub. L. 95–600 added subsec. (d) and redesignated subsec. (d) as (c).

§ 6050B Returns relating to unemployment compensation

Enacted § 6050B

§ 6051 Receipts for employees

(a)(7) Pub. L. 95–600 added par. (7).

§ 6058 Information required in connection with certain plans of deferred compensation

(c) Pub. L. 95–600 substituted “an individual retirement plan” for “an individual retirement account or annuity described…
(d) (e) (f) Pub. L. 95–600 added subsecs. (d) and (e) and redesignated former subsec. (d) as (f).

§ 6103 Confidentiality and disclosure of returns and return information

(a)(3) Pub. L. 95–600, § 701(bb)(1)(B), inserted “, subsection (m)(4)(B),” after “subsection (e)(1)(D)(iii)”.
(d) Pub. L. 95–600, § 701(bb)(2), inserted “31,” after “21, 23, 24,”.
(h)(2) Pub. L. 95–600, § 503(a), substituted “In a matter involving tax administration, a” for “A”, “officers and employees”…
(h)(2)(A) Pub. L. 95–600, § 503(b)(1), substituted “the proceeding” for “such proceeding” and inserted “or the proceeding arose…
(h)(4)(A) Pub. L. 95–600, § 503(b)(2), substituted “the taxpayer is a party to the proceeding, or the proceeding arose out of, or…
(i)(2) (i)(3) Pub. L. 95–600, § 701(bb)(3), (4), inserted provisions relating to name and address of taxpayer not being treated as…
(k)(4) Pub. L. 95–600, § 701(bb)(5), struck out reference to income tax in heading and inserted provisions relating to gift…
(m) Pub. L. 95–600, § 701(bb)(1)(A), reenacted pars. (1) to (3) without change and added par. (4).

§ 6104 Publicity of information required from certain exempt organizations and certain trusts

(a)(2) Pub. L. 95–600 substituted “Section 6103(f)” for “Section 6103(d)”.

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

(b)(2)(D) Pub. L. 95–600, § 512(a), added subpar. (D).
(b)(7) Pub. L. 95–600, § 512(b), added par. (7).

§ 6212 Notice of deficiency

(c)(1) Pub. L. 95–600, § 701(t)(3)(C), substituted “same taxable year” for “same taxable years” in two places.
(c)(2)(C) Pub. L. 95–600, § 405(c)(5), substituted “principal residence” for “personal residence”.

§ 6213 Restrictions applicable to deficiencies; petition to Tax Court

(b)(3) Pub. L. 95–600 inserted “or refund” after “carryback” in heading, and “or the amount described in section 1341(b)(1)”…

§ 6302 Mode or time of collection

(d) Pub. L. 95–600 added subsec. (d).

§ 6323 Validity and priority against certain persons

(f)(4) Pub. L. 95–600, § 702(q)(1), in heading substituted “Indexing required with respect to certain real property” for…
(g)(2)(A) Pub. L. 95–600, § 702(q)(2), inserted reference to real property.

§ 6324A Special lien for estate tax deferred under section 6166

(b)(2)(B) Pub. L. 95–600, § 702(e)(1)(B), substituted “required interest amount” for “aggregate interest amount”.
(d)(5) Pub. L. 95–600, § 702(e)(1)(C), substituted “required interest amount” for “aggregate interest amount”.
(e)(2) Pub. L. 95–600, § 702(e)(1)(A), substituted “Required interest amount” for “Aggregate interest amount” in heading and…
(e)(4) Pub. L. 95–600, § 702(e)(1)(D), substituted “required interest amount” for “aggregate interest amount”.

§ 6324B Special lien for additional estate tax attributable to farm, etc., valuation

(b) Pub. L. 95–600 substituted “qualified real property” for “qualified farm real property”.

§ 6325 Release of lien or discharge of property

(d)(3) Pub. L. 95–600 added par. (3).

§ 6401 Amounts treated as overpayments

(b) Pub. L. 95–600 inserted provisions relating to credit to a nonresident alien individual.

§ 6411 Tentative carryback and refund adjustments

§ 6411 Pub. L. 95–600, § 504(b)(1)(A), inserted “and refund” after “carryback” in section catchline.
(d) Pub. L. 95–600, § 504(a), added subsec. (d).

§ 6422 Cross references

§ 6422 Pub. L. 95–600 inserted “regulated investment company or” before “real estate investment trust” and substituted…

§ 6427 Fuels not used for taxable purposes

(d) Pub. L. 95–600 struck out “or his delegate” after “Secretary”.

§ 6501 Limitations on assessment and collection

(e)(3) Pub. L. 95–600, § 701(t)(3)(A), substituted “43, or 44” for “or 43”, which required no change in text in view of the…
(h) Pub. L. 95–600, § 703(n), (p)(2), substituted “section 6213(b)(3)” for “section 6213(b)(2)” and struck out provisions…
(j) Pub. L. 95–600, § 703(n), substituted “section 6213(b)(3)” for “section 6213(b)(2)”.
(m) Pub. L. 95–600, § 504(b)(3), inserted “and refund” after “tentative carryback”.
(o) Pub. L. 95–600, § 703(n), substituted “section 6213(b)(3)” for “section 6213(b)(2)”.
§ 6501 Pub. L. 95–600, § 212(a), added subsec. (q) relating to special rules for partnership items of Federally registered…
§ 6501 Pub. L. 95–600, § 321(b)(2), added subsec. (q) relating to deficiency attributable to election under section 44B.

§ 6503 Suspension of running of period of limitation

(j) Pub. L. 95–600, as amended by Pub. L. 96–596, § 2(a)(4)(E) and (F), substituted “in the case of a regulated investment…

§ 6504 Cross references

(4) Pub. L. 95–600, § 405(c)(6), substituted “principal residence” for “residence”.
(6) Pub. L. 95–600, § 703(j)(10), amended directory language of Pub. L. 94–455, § 1901(b)(37)(D). See 1976 Amendment note…

§ 6511 Limitations on credit or refund

(d)(2)(A) Pub. L. 95–600, § 703(p)(3), struck out provisions relating to the period of limitations with respect to an overpayment…
(g) (h) Pub. L. 95–600, § 212(b)(1), added subsec. (g) and redesignated former subsec. (g) as (h).

§ 6512 Limitations in case of petition to Tax Court

(b)(2) Pub. L. 95–600 substituted “(c), (d), or (g)” for “(c), or (d)” wherever appearing.

§ 6515 Cross references

§ 6515 Pub. L. 95–600 inserted “regulated investment company or” before “real estate investment trust” and substituted…

§ 6654 Failure by individual to pay estimated income tax

(f)(1) Pub. L. 95–600 substituted “section 55 or 56” for “section 56”.

§ 6655 Failure by corporation to pay estimated income tax

(e) Pub. L. 95–600 struck out provisions relating to the corporation’s temporary estimated tax exemption.

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

(f) Pub. L. 95–600 inserted provision relating to deposits by a bank.

§ 6698 Failure to file partnership return

Enacted § 6698

§ 7213 Unauthorized disclosure of information

(a)(1) Pub. L. 95–600, § 701(bb)(6)(A), inserted “willfully” before “to disclose”.
(a)(2) Pub. L. 95–600, § 701(bb)(1)(C), (6)(A), inserted provision relating to educational institutions, inserted “willfully”…
(a)(3) Pub. L. 95–600, § 701(bb)(6)(B), substituted “thereafter willfully to” for “to thereafter”.
(a)(4) Pub. L. 95–600, § 701(bb)(6)(C), inserted “willfully” before “to offer”.
(a)(5) Pub. L. 95–600, § 701(bb)(6)(A), inserted “willfully” before “to disclose”.

§ 7428 Declaratory judgments relating to status and classification of organizations under section 501(c)(3), etc.

(a) Pub. L. 95–600 inserted provision relating to change in qualification or classification.

§ 7456 Administration of oaths and procurement of testimony

(a) Pub. L. 95–600, § 502(c), substituted “any judge or commissioner of the Tax Court” for “any judge of the Tax Court”…
(c) Pub. L. 95–600, § 336(b)(1), inserted provision that the chief judge may assign proceedings under sections 7428, 7476…

§ 7463 Disputes involving $50,000 or less

§ 7463 Pub. L. 95–600, § 502(a)(2)(A), substituted “$5,000” for “$1,500” in section catchline.
(a) Pub. L. 95–600, § 502(a)(1), “$5,000 for any one taxable year, in the case of the taxes imposed by subtitle A” for…
§ 7463 Pub. L. 95–600, § 502(b), added subsec. (g).

§ 7476 Declaratory judgments relating to qualification of certain retirement plans

(a) Pub. L. 95–600, § 701(dd)(1), inserted provision relating to revocation of qualification.
(c) (d) § 7476 Pub. L. 95–600, § 336(b)(2)(A), redesignated subsecs. (d) and (e) as (c) and (d), respectively. Former subsec. (c)…

§ 7478 Declaratory judgments relating to status of certain governmental obligations

Enacted § 7478

§ 7482 Courts of review

(b)(1) Pub. L. 95–600, § 336(c)(1)(A), substituted “provided in paragraphs (2) and (3)” for “provided in paragraph (2)”.
(b)(3) Pub. L. 95–600, § 336(c)(1)(B), added par. (3).

§ 7609 Special procedures for third-party summonses

(c)(1) Pub. L. 95–600 which purported to substitute “6427(f)(2)” for “6427(e)(2)” was not executed in view of the amendment…

§ 7701 Definitions

(a)(36)(B)(iii) Pub. L. 95–600, § 701(cc)(2), substituted “prepares as a fiduciary a return or claim for refund for any person, or” for…
(a)(37) Pub. L. 95–600, § 157(k)(2), added par. (37).