# Treas. Reg. § 1.461-6: Economic performance when certain liabilities are assigned or are extinguished by the establishment of a fund.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-1.461-6>. Interprets 26 U.S.C. § 461.

(a) Qualified assignments of certain personal injury liabilities under section 130. In the case of a qualified assignment (within the meaning of section 130(c)), economic performance occurs as a taxpayer-assignor makes payments that are excludible from the income of the assignee under section 130(a). 

(b) Section 468B. Economic performance occurs as a taxpayer makes qualified payments to a designated settlement fund under section 468B, relating to special rules for designated settlement funds. 

(c) Payments to other funds or persons that constitute economic performance. [Reserved] 

(d) Effective dates. The rules in paragraph (a) of this section apply to payments after July 18, 1984. 

[T.D. 8408, 57 FR 12428, Apr. 10, 1992]