Pub. L. 95-628 Nov. 10, 1978

92 Stat. 3627 · Changed 11 sections of the Code

Bill H.R. 7320

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

  • (e) Pub. L. 95–628 added subsec. (e).

§ 301 Distributions of property

  • (b)(1) Pub. L. 95–628, § 3(a), substituted “amount of gain recognized to the distributing corporation on the distribution” for…
  • (d) Pub. L. 95–628, § 3(b), substituted “amount of gain recognized to the distributing corporation on the distribution” for…

§ 312 Effect on earnings and profits

  • (c) Pub. L. 95–628 substituted “gain recognized to the corporation on the distribution” for “gain to the corporation…

§ 6072 Time for filing income tax returns

  • (e) Pub. L. 95–628 added subsec. (e).

§ 6501 Limitations on assessment and collection

  • (j) Pub. L. 95–628, § 8(c)(1)(A), substituted in heading “Certain credit carrybacks” for “Investment credit carrybacks”…
  • (m) Pub. L. 95–628, § 8(c)(1)(B), struck out references to subsecs. (o) and (p) in two places.
  • (o) Pub. L. 95–628, § 8(c)(1)(C), struck out subsec. (o) which related to work incentive program credit carrybacks.
  • (p) Pub. L. 95–628, § 8(c)(1)(C), struck out subsec. (p) which related to new employee credit carrybacks.

§ 6511 Limitations on credit or refund

  • (d)(2)(A) Pub. L. 95–628, § 8(a), substituted “3 years after the time prescribed by law for filing the return (including…
  • (d)(4) Pub. L. 95–628, § 8(b)(1), substituted in heading “certain credit carrybacks” for “investment credit carrybacks”, in…
  • (d)(7) Pub. L. 95–628, § 8(b)(2), redesignated par. (8) as (7). Former par. (7), which provided for a special period of…
  • (d)(8) Pub. L. 95–628, § 8(b)(2)(B), redesignated par. (8) as (7).
  • (d) Pub. L. 95–628, § 8(b)(2)(A), struck out par. (9) which provided for a special period of limitation with respect to new…

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

  • (d)(2) Pub. L. 95–628, § 8(c)(2)(A), substituted in heading “Certain credit carrybacks” for “Investment credit carryback”…
  • (d)(4) (d) Pub. L. 95–628, § 8(c)(2)(B), struck out pars. (4) and (5) which provided for work incentive program credit carrybacks…

§ 6611 Interest on overpayments

  • (f)(2) Pub. L. 95–628, § 8(c)(3)(A), substituted in heading “Certain credit carrybacks” for “Investment credit carryback”…
  • (f)(4) (f) Pub. L. 95–628, § 8(c)(3)(B), struck out pars. (4) and (5) which provided for work incentive program credit carrybacks…

§ 6672 Failure to collect and pay over tax, or attempt to evade or defeat tax

  • § 6672 Pub. L. 95–628 designated existing provisions as subsec. (a), added subsec. (a) heading, and added subsec. (b).

§ 7103 Cross references—Other provisions for bonds

  • (a)(4) Pub. L. 95–628 added par. (4).

§ 7421 Prohibition of suits to restrain assessment or collection

  • (a) Pub. L. 95–628 inserted references to sections 6672(b) and 6694(c).