Pub. L. 96-596 Dec. 24, 1980

94 Stat. 3475 · Changed 17 sections of the Code

Bill H.R. 5391

§ 4071 Imposition of tax

  • (a) Pub. L. 96–596, § 4(a)(1)(A), substituted “9.75 cents” for “10 cents”.
  • (a) Pub. L. 96–596, § 4(a)(1)(B), substituted “4.875 cents” for “5 cents”.
  • (d) Pub. L. 96–596, § 4(a)(1)(C), substituted “4.875 cents” for “5 cents”.

§ 4941 Taxes on self-dealing

  • (b)(1) Pub. L. 96–596, § 2(a)(1)(A), substituted “taxable period” for “correction period”.
  • (e)(1)(B) (e)(1)(C) Pub. L. 96–596, § 2(a)(2)(A), added subpar. (B) and redesignated former subpar. (B) as (C).
  • (e)(2)(B) Pub. L. 96–596, § 2(a)(1)(B), substituted “taxable period” for “correction period”.
  • (e) Pub. L. 96–596, § 2(a)(3)(A), struck out par. (4) which defined correction period, with respect to any act of…

§ 4942 Taxes on failure to distribute income

  • (b) Pub. L. 96–596, § 2(a)(1)(C), substituted “taxable period” for “correction period”.
  • (g)(2)(C)(ii) Pub. L. 96–596, § 2(a)(4)(A), substituted “the correction period (as defined in section 4962(e))” for “the initial…
  • (j)(1) Pub. L. 96–596, § 2(a)(2)(B), substituted provision ending the taxable period on the earlier of the date of mailing of…
  • (j)(2) Pub. L. 96–596, § 2(a)(3)(B)(i), (iii), redesignated par. (4) as (2) and struck out former par. (2), which defined…
  • (j)(3)(B)(i) Pub. L. 96–596, § 2(a)(3)(B)(ii), substituted “paragraph (4)” for “paragraph (5)”.
  • (j)(4) (j)(5) (j) Pub. L. 96–596, § 2(a)(3)(B)(iii), (iv), redesignated pars. (5) and (6) as (4) and (5), respectively.

§ 4943 Taxes on excess business holdings

  • (b) Pub. L. 96–596, § 2(a)(1)(D), substituted “taxable period” for “correction period”.
  • (d)(2) Pub. L. 96–596, § 2(a)(2)(C), substituted provision ending the taxable period on the earlier of the date of mailing of…
  • (d)(3) (d)(4) Pub. L. 96–596, § 2(a)(3)(C), (4)(B), redesignated par. (4) as (3), and in subpar. (A) of par. (3) as so redesignated…

§ 4944 Taxes on investments which jeopardize charitable purpose

  • (b)(1) Pub. L. 96–596, § 2(a)(1)(E), substituted “taxable period” for “correction period”.
  • (e)(1)(B) (e)(1)(C) Pub. L. 96–596, § 2(a)(2)(D), added subpar. (B) and redesignated former subpar. (B) as (C).
  • (e) Pub. L. 96–596, § 2(a)(3)(D), struck out par. (3), which defined correction period, with respect to any investment…

§ 4945 Taxes on taxable expenditures

  • (b)(1) Pub. L. 96–596, § 2(a)(1)(F), substituted “taxable period” for “correction period”.
  • (i)(2) Pub. L. 96–596, § 2(a)(2)(E), substituted provision defining taxable period as the period beginning with the date on…

§ 4951 Taxes on self-dealing

  • (b)(1) Pub. L. 96–596, § 2(a)(1)(G), substituted “taxable period” for “correction period”.
  • (e)(1)(B) (e)(1)(C) Pub. L. 96–596, § 2(a)(2)(F), added subpar. (B) and redesignated former subpar. (B) as (C).
  • (e)(2)(B) Pub. L. 96–596, § 2(a)(1)(H), substituted “taxable period” for “correction period”.
  • (e)(4) (e) Pub. L. 96–596, § 2(a)(3)(E), redesignated par. (5) as (4) and struck out former par. (4) which defined correction…

§ 4952 Taxes on taxable expenditures

  • (b)(1) Pub. L. 96–596, § 2(a)(1)(I), substituted “taxable period” for “correction period”.
  • (e)(2) Pub. L. 96–596, § 2(a)(2)(G), substituted provision defining taxable period as the period beginning with the date on…

§ 4961 Abatement of second tier taxes where there is correction

§ 4963 Definitions

§ 4971 Taxes on failure to meet minimum funding standards

  • (b) Pub. L. 96–596, § 2(a)(1)(J), substituted “taxable period” for “correction period”.
  • (c)(3) Pub. L. 96–596, § 2(a)(2)(H), substituted provision defining taxable period as the period beginning with the end of the…

§ 4975 Tax on prohibited transactions

  • (b) Pub. L. 96–596, § 2(a)(1)(K), substituted “taxable period” for “correction period”.
  • (f)(2)(B) (f)(2)(C) Pub. L. 96–596, § 2(a)(2)(I), added subpar. (B) and redesignated former subpar. (B) as (C).
  • (f)(4)(B) Pub. L. 96–596, § 2(a)(1)(L), substituted “taxable period” for “correction period”.
  • (f)(6) Pub. L. 96–596, § 2(a)(3)(F), struck out par. (6), which defined correction period, with respect to a prohibited…

§ 6213 Restrictions applicable to deficiencies; petition to Tax Court

  • (e) Pub. L. 96–596 substituted “section 4962(e)” for “section 4941(e)(4), 4942(j)(2), 4943(d)(3), 4944(e)(3), 4945(i)(2)…

§ 6214 Determinations by Tax Court

  • (c) Pub. L. 96–596 inserted provision directing the Tax Court, in redetermining a deficiency of any second tier tax, to…

§ 6416 Certain taxes on sales and services

  • (b)(1) Pub. L. 96–596 designated existing provision in part as subpar. (A), and in subpar. (A) as so designated, inserted…

§ 6503 Suspension of running of period of limitation

  • (g) Pub. L. 96–596, § 2(a)(4)(D), substituted “section 4962(e)” for “section 4941(e)(4), 4942(j)(2), 4943(d)(3)…
  • (i) Pub. L. 96–596, § 2(a)(4)(E), redesignated subsec. (j), relating to cross references, as (i). See Codification note set…
  • (j) Pub. L. 96–596, § 2(a)(4)(E), redesignated former subsec. (j), relating to cross references, as (i). See Codification…

§ 7422 Civil actions for refund

  • (g) Pub. L. 96–596 substituted in par. (1) provision authorizing, with respect to any taxable event, payment of the full…