Aug. 16, 1954, ch. 736 68A Stat. 813 Pub. L. 94–455, title XVI, § 1601(f)(3)90 Stat. 1746 Pub. L. 95–600, title III, § 362(d)(4)92 Stat. 2852 Pub. L. 97–248, title IV, § 402(c)(10)96 Stat. 668 Pub. L. 101–508, title XI, § 11801(c)(17)(C)104 Stat. 1388–528 Pub. L. 114–74, title XI, § 1101(f)(8)129 Stat. 638 (, ; , title XIX, § 1901(b)(36)(D), (37)(E), , , 1802, 1803; , , ; , , ; , , ; , , .)
Editorial Notes
Amendments
Pub. L. 114–742015—Par. (6). struck out par. (6) which read as follows: “Refunds or credits attributable to partnership items, see section 6227 and subsections (c) and (d) of section 6230.”
Pub. L. 101–5081990— struck out par. (2) and redesignated the succeeding pars. accordingly, which was executed with respect to the succeeding pars. (consisting of pars. (3) to (7)) by redesignating such pars. as (2) to (6), respectively. Prior to amendment, par. (2) provided a cross reference to section 1481 for overpayment in certain renegotiations of war contracts.
Pub. L. 97–2481982—Par. (7). added par. (7).
Pub. L. 95–6001978—Par. (6). inserted “regulated investment company or” before “real estate investment trust” and substituted “section 860” for “section 859”. Notwithstanding the directory language that the amendment be made to par. (5), the amendment was executed to par. (6) to reflect the probable intent of Congress.
Pub. L. 94–455, § 1901(b)(36)(D)1976—Par. (1). , (b)(37)(E), redesignated par. (3) as (1). Former par. (1), which referred to section 1321 for adjustments incident to involuntary liquidation of inventory, was struck out.
Pub. L. 94–455, § 1901(b)(37)(E)Par. (2). , redesignated par. (4) as (2). Former par. (2), which referred to section 1335 for war loss recoveries where the prior benefit rule was elected, was struck out.
Pub. L. 94–455, § 1901(b)(37)(E)Pars. (3) to (7). , redesignated pars. (3) to (7) as (1) to (5), respectively.
Pub. L. 94–455, § 1601(f)(3)section 1901(b)(37)(E) of Pub. L. 94–455Par. (8). , added par. (8) which was redesignated par. (6) by .
Statutory Notes and Related Subsidiaries
Effective Date of 2015 Amendment
Pub. L. 114–74section 1101(g) of Pub. L. 114–74section 6221 of this titleAmendment by applicable to returns filed for partnership taxable years beginning after , with certain exceptions, see , set out as an Effective Date note under .
Effective Date of 1982 Amendment
Pub. L. 97–248Pub. L. 97–248section 702 of this titleAmendment by applicable to partnership taxable years beginning after , with provision for applicability of amendment to any partnership taxable year ending after , if partnership, each partner, and each indirect partner requests such application and Secretary of the Treasury or his delegate consents to such application, see section 407(a)(1), (3) of , set out as a note under .
Effective Date of 1978 Amendment
Pub. L. 95–600section 860(e) of this titlesection 362(e) of Pub. L. 95–600section 860 of this titleAmendment by applicable with respect to determinations (as defined in ) after , see , set out as an Effective Date note under .
Effective Date of 1976 Amendment
section 1601(f)(3) of Pub. L. 94–455section 1608(a) of Pub. L. 94–455section 857 of this titleFor effective date of amendment by , see , set out as a note under .
Pub. L. 94–455section 1901(d) of Pub. L. 94–455section 2 of this titleAmendment by section 1901(b)(36)(D), (37)(E) of applicable with respect to taxable years beginning after , see , set out as a note under .
Savings Provision
Pub. L. 101–508section 11821(b) of Pub. L. 101–508section 45K of this titleFor provisions that nothing in amendment by be construed to affect treatment of certain transactions occurring, property acquired, or items of income, loss, deduction, or credit taken into account prior to , for purposes of determining liability for tax for periods ending after , see , set out as a note under .