Source: https://law.justia.com/codes/us/2012/title-26/subtitle-a/chapter-1/subchapter-s/part-ii/section-1368/
Timestamp: 2018-04-23 07:25:59
Document Index: 304618174

Matched Legal Cases: ['§ 1368', '§ 1', '§ 1', '§ 1361', '§ 1366', '§2', '§305', '§721', '§1879', '§1309', '§8232', '§ 1368', '§2', '§305', '§721', '§1879', '§1309', '§8232', '§721', '§311']

TAX TREATMENT OF SHAREHOLDERS - 26 U.S.C. § 1368 (2012) Distributions :: Title 26 - Internal Revenue Code :: 2012 US Code :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes US Code 2012 US Code Title 26 - Internal Revenue Code Subtitle A - Income Taxes (§§ 1 - 1564) Chapter 1 - NORMAL TAXES AND SURTAXES (§§ 1 - 1400U-3) Subchapter S - Tax Treatment of S Corporations and Their Shareholders (§§ 1361 - 1379) Part II - TAX TREATMENT OF SHAREHOLDERS (§§ 1366 - 1368) Section 1368 - Distributions
Section 1368 - Distributions
Sec. 1368 - Distributions
Source Credit Added Pub. L. 97-354, §2, Oct. 19, 1982, 96 Stat. 1680; amended Pub. L. 97-448, title III, §305(d)(2), Jan. 12, 1983, 96 Stat. 2399; Pub. L. 98-369, div. A, title VII, §721(r), July 18, 1984, 98 Stat. 970; Pub. L. 99-514, title XVIII, §1879(m)(1)(B), Oct. 22, 1986, 100 Stat. 2910; Pub. L. 104-188, title I, §1309(a)(2)-(c), Aug. 20, 1996, 110 Stat. 1783; Pub. L. 110-28, title VIII, §8232(b), May 25, 2007, 121 Stat. 197.
Statutes at Large References 96 Stat. 1680, 2399, 2411
98 Stat. 970
100 Stat. 2910
110 Stat. 1783
Public Law References Public Law 97-354, Public Law 97-448, Public Law 98-369, Public Law 99-514, Public Law 104-188, Public Law 110-28
TAX TREATMENT OF SHAREHOLDERS - 26 U.S.C. § 1368 (2012)
(Added Pub. L. 97–354, §2, Oct. 19, 1982, 96 Stat. 1680; amended Pub. L. 97–448, title III, §305(d)(2), Jan. 12, 1983, 96 Stat. 2399; Pub. L. 98–369, div. A, title VII, §721(r), July 18, 1984, 98 Stat. 970; Pub. L. 99–514, title XVIII, §1879(m)(1)(B), Oct. 22, 1986, 100 Stat. 2910; Pub. L. 104–188, title I, §1309(a)(2)–(c), Aug. 20, 1996, 110 Stat. 1783; Pub. L. 110–28, title VIII, §8232(b), May 25, 2007, 121 Stat. 197.)
Subsec. (e)(1)(A). Pub. L. 98–369, §721(r)(1), substituted “(except that no adjustment shall be made for income (and related expenses) which is exempt from tax under this title and the phrase ‘(but not below zero)’ shall be disregarded in section 1367(b)(2)(A))” for “(except that no adjustment shall be made for income which is exempt from tax under this title and no adjustment shall be made for any expense not deductible in computing the corporation's taxable income and not properly chargeable to capital account)”.
Pub. L. 97–448, title III, §311(c)(4), Jan. 12, 1983, 96 Stat. 2411, provided that: “The amendments made by subsection (d) of section 305 [amending this section and sections 221, 1374, and 4975 of this title, enacting provisions set out as a note under section 1361 of this title, and amending provisions set out as a note under section 1361 of this title] shall take effect on the date of the enactment of the Subchapter S Revision Act of 1982 [Oct. 19, 1982].”