Source: https://irc.bloombergtax.com/public/uscode/doc/irc/section_419
Timestamp: 2019-09-22 14:58:51
Document Index: 333227562

Matched Legal Cases: ['§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419', '§ 419']

Internal Revenue Code, § 419. Treatment Of Funded Welfare Benefit Plans
I.R.C. § 419(a) General Rule —
Contributions paid or accrued by an employer to a welfare benefit fund—
I.R.C. § 419(a)(1) —
I.R.C. § 419(a)(2) —
I.R.C. § 419(b) Limitation —
I.R.C. § 419(c) Qualified Cost —
I.R.C. § 419(c)(1) In General —
Except as otherwise provided in this subsection, the term “qualified cost” means, with respect to any taxable year, the sum of—
I.R.C. § 419(c)(1)(A) —
I.R.C. § 419(c)(1)(B) —
subject to the limitation of section 419A(b), any addition to a qualified asset account for the taxable year.
I.R.C. § 419(c)(2) Reduction For Funds After-Tax Income —
I.R.C. § 419(c)(3) Qualified Direct Cost
I.R.C. § 419(c)(3)(A) In General —
The term “qualified direct cost” means, with respect to any taxable year, the aggregate amount (including administrative expenses) which would have been allowable as a deduction to the employer with respect to the benefits provided during the taxable year, if—
I.R.C. § 419(c)(3)(A)(i) —
I.R.C. § 419(c)(3)(A)(ii) —
I.R.C. § 419(c)(3)(B) Time When Benefits Provided —
I.R.C. § 419(c)(3)(C) 60-Month Amortization Of Child Care Facilities
I.R.C. § 419(c)(3)(C)(i) In General —
I.R.C. § 419(c)(3)(C)(ii) Child Care Facility —
I.R.C. § 419(c)(3)(C)(ii)(I) —
I.R.C. § 419(c)(3)(C)(ii)(II) —
I.R.C. § 419(c)(4) After-Tax Income
I.R.C. § 419(c)(4)(A) In General —
The term “after-tax income” means, with respect to any taxable year, the gross income of the welfare benefit fund reduced by the sum of—
I.R.C. § 419(c)(4)(A)(i) —
I.R.C. § 419(c)(4)(A)(ii) —
I.R.C. § 419(c)(4)(B) Treatment Of Certain Amounts —
In determining the gross income of any welfare benefit fund—
I.R.C. § 419(c)(4)(B)(i) —
I.R.C. § 419(c)(4)(B)(ii) —
I.R.C. § 419(c)(5) Item Only Taken Into Account Once —
I.R.C. § 419(d) Carryover Of Excess Contributions —
I.R.C. § 419(d)(1) —
I.R.C. § 419(d)(2) —
the limitation of subsection (b), such excess shall be treated as an amount paid by the employer to such fund during the succeeding taxable year.
I.R.C. § 419(e) Welfare Benefit Fund —
I.R.C. § 419(e)(1) In General —
The term “welfare benefit fund” means any fund—
I.R.C. § 419(e)(1)(A) —
I.R.C. § 419(e)(1)(B) —
I.R.C. § 419(e)(2) Welfare Benefit —
The term “welfare benefit” means any benefit other than a benefit with respect to which—
I.R.C. § 419(e)(2)(A) —
section 83(h) applies,
I.R.C. § 419(e)(2)(B) —
section 404 applies (determined without regard to section 404(b)(2)), or
I.R.C. § 419(e)(2)(C) —
I.R.C. § 419(e)(3) Fund —
The term “fund” means—
I.R.C. § 419(e)(3)(A) —
any organization described in paragraph (7), (9), or (17) of section 501(c),
I.R.C. § 419(e)(3)(B) —
I.R.C. § 419(e)(3)(C) —
I.R.C. § 419(e)(4) Treatment Of Amounts Held Pursuant To Certain Insurance Contracts
I.R.C. § 419(e)(4)(A) In General —
Notwithstanding paragraph (3)(C), the term “fund” shall not include amounts held by an insurance company pursuant to an insurance contract if—
I.R.C. § 419(e)(4)(A)(i) —
such contract is a life insurance contract described in section 264(a)(1), or
I.R.C. § 419(e)(4)(A)(ii) —
I.R.C. § 419(e)(4)(B) Qualified Nonguaranteed Contract
I.R.C. § 419(e)(4)(B)(i) In General —
I.R.C. § 419(e)(4)(B)(i)(I) —
I.R.C. § 419(e)(4)(B)(i)(II) —
I.R.C. § 419(e)(4)(B)(ii) Limitation —
I.R.C. § 419(f) Method Of Contributions, Etc., Having The Effect Of A Plan —
I.R.C. § 419(f)(1) —
I.R.C. § 419(f)(2) —
there is a method or arrangement of employer contributions or benefits which has the effect of a plan, this section shall apply as if there were a plan.
I.R.C. § 419(g) Extension To Plans For Independent Contractors —
If any fund would be a welfare benefit fund (as modified by subsection (f)) but for the fact that there is no employee-employer relationship--
I.R.C. § 419(g)(1) —
I.R.C. § 419(g)(2) —
(Added Pub. L. 98-369, div. A, title V, 511(a), July 18, 1984, 98 Stat. 854, and amended Pub. L. 99-514, title XVIII, 1851(a)(1), (8)(A), (b)(2)(C)(iv), Oct. 22, 1986, 100 Stat. 2858, 2860, 2863; Pub. L. 100-203, title IX, 10201(b)(4), Dec. 22, 1987, 101 Stat. 1330-387; Pub. L. 100-647, title I, 1018(t)(2)(C), Nov. 10, 1988, 102 Stat. 3587; Pub. L. 115-141, Div. U, title IV, Sec. 401(b)(21)(A), Mar. 23, 2018, 132 Stat. 348.)
2018--Subsec. (e)(3)(A). Pub. L. 115-141, Div. U, title IV, Sec. 401(b)(21)(A), amended subpar. (A) by substituting “or (17)” for “(17), or (20)”.
1988--Subsec. (a)(1). Pub. L. 100-647 substituted “chapter” for “subchapter”.
1987--Subsec. (e)(2)(D). Pub. L. 100-203 struck out subpar. (D) which related to a benefit with respect to which an election under section 463 applies.
1986--Subsec. (a)(1). Pub. L. 99-514, 1851(b)(2)(C)(iv)(I), substituted “under this subchapter” for “under section 162 or 212”.
Subsec. (a)(2). Pub. L. 99-514, 1851(b)(2)(C)(iv)(II), substituted “they would otherwise be deductible” for “they satisfy the requirements of either of such sections”.
Subsec. (e)(4). Pub. L. 99-514, 1851(a)(8)(A), added par. (4).
Subsec. (g)(1). Pub. L. 99-514, 1851(a)(1), substituted “such a relationship” for “such a plan”.
Amendment by Pub. L. 115-141, Div. U, Sec. 401(b)(21)(A), effective March 23, 2018.
Amendment by Pub. L. 100-203 applicable to taxable years beginning after Dec. 31, 1987, see section 10201(c)(1) of Pub. L. 100-203, set out as a note under section 404 of this title.
Section 511(e) of Pub. L. 98-369, as amended by Pub. L. 99-514, title XVIII, 1851(a)(12), (14), Oct. 22, 1986, 100 Stat. 2862, provided that:
“(1) In general.--Except as otherwise provided in this subsection, the amendments made by this section [enacting this subpart] shall apply to contributions paid or accrued after December 31, 1985, in taxable years ending after such date.
“(2) Special rule for collective bargaining agreements.--In the case of plan maintained pursuant to 1 or more collective bargaining agreements--
“(B) in effect on July 1, 1985 (or ratified on or before such date), the amendments made by this section shall not apply to years beginning before the date on which the last of the collective bargaining agreements relating to the plan terminates (determined without regard to any extension thereof agreed to after July 1, 1985).
“(3) Special rule for paragraph (2).--For purposes of paragraph (2), any plan amendment made pursuant to a collective bargaining agreement relating to the plan which amends the plan solely to conform to any requirement added by this section shall not be treated as a termination of such collective bargaining agreement.
“(4) Special effective date for contributions of facilities.--Notwithstanding paragraphs (1) and (2), the amendments made by this section shall apply in the case of--
“(5) Binding contract exceptions to paragraph (4).--Paragraph (4) shall not apply to any facility placed in service before January 1, 1987--
“(6) Amendments related to tax on unrelated business income.--The amendments made by subsection (b) [amending section 512 of this title] shall apply with respect to taxable years ending after December 31, 1985. For purposes of section 15 of the Internal Revenue Code of 1954 [now 1986], such amendments shall be treated as a change in the rate of a tax imposed by chapter 1 of such Code.
“(7) Amendments related to excise taxes on certain welfare benefit plans.--The amendments made by subsection (c) [enacting section 4976 of this title] shall apply to benefits provided after December 31, 1985.”
Section 1851(a)(8)(B) of Pub. L. 99-514 provided that: “Except in the case of a reserve for post-retirement medical or life insurance benefits and any other arrangement between an insurance company and an employer under which the employer has a contractual right to a refund or dividend based solely on the experience of such employer, any account held for an employer by any person and defined as a fund in regulations issued pursuant to section 419(e)(3)(C) of the Internal Revenue Code of 1954 [now 1986] shall be considered a ‘fund’ no earlier than 6 months following the date such regulations are published in final form.”