# Treas. Reg. § 55.4982-1: Imposition of excise tax on undistributed income of regulated investment companies.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-55.4982-1>. Interprets 26 U.S.C. § 4982.

Section 4982 imposes an excise tax on a regulated investment company in the amount of four percent of the excess, if any, of the required distribution for a calendar year over the distributed amount for such calendar year. Section 4982 applies only to calendar years beginning after December 31, 1986. 

[T.D. 8180, 53 FR 6148, Mar. 1, 1988]