Source: https://www.law.cornell.edu/uscode/text/26/4977
Timestamp: 2017-06-25 10:38:28
Document Index: 239938079

Matched Legal Cases: ['§ 4977', '§ 4977', '§ 4977', '§\u202f4977', '§\u202f531', '§\u202f1853', '§\u202f13213', '§\u202f1704', '§\u202f1853', '§\u202f1853', '§\u202f1853']

26 U.S. Code § 4977 - Tax on certain fringe benefits provided by an employer | US Law | LII / Legal Information Institute
U.S. Code › Title 26 › Subtitle D › Chapter 43 › § 4977 26 U.S. Code § 4977 - Tax on certain fringe benefits provided by an employer
§ 4977.
Tax on certain fringe benefits provided by an employer
(b) Excess fringe benefitsFor purposes of subsection (a), the term “excess fringe benefits” means, with respect to any calendar year—
(c) Effect of election on section 132(a)If—
(Added Pub. L. 98–369, div. A, title V, § 531(e)(1), July 18, 1984, 98 Stat. 885; amended Pub. L. 99–514, title XVIII, § 1853(c)(1), (2), Oct. 22, 1986, 100 Stat. 2871; Pub. L. 103–66, title XIII, § 13213(d)(3)(D), Aug. 10, 1993, 107 Stat. 474; Pub. L. 104–188, title I, § 1704(t)(66), Aug. 20, 1996, 110 Stat. 1890.)
1986—Subsec. (c)(2). Pub. L. 99–514, § 1853(c)(1), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “as of January 1, 1984, substantially all of the employees of the employer were entitled to employee discounts or services provided by the employer in 1 line of business,”.
Subsec. (f). Pub. L. 99–514, § 1853(c)(2), added subsec. (f).
Pub. L. 99–514, title XVIII, § 1853(c)(3), Oct. 22, 1986, 100 Stat. 2871, provided that: “For purposes of determining whether the requirements of section 4977(c) of the Internal Revenue Code of 1954 [now 1986] are met in the case of an agricultural cooperative incorporated in 1964, there shall not be taken into account employees of a member of the same controlled group as such cooperative which became a member during July 1980.”