# Treas. Reg. § 1.1342-1: Computation of tax where taxpayer recovers substantial amount held by another under claim of right; effective date.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-1.1342-1>.

Section 1342 shall apply with respect to taxable years beginning after December 31, 1954. 

[T.D. 6500, 25 FR 12052, Nov. 26, 1960]