Source: https://www.law.cornell.edu/uscode/text/26/531?quicktabs_8=1&qt-us_code_tabs=1
Timestamp: 2015-09-01 17:58:22
Document Index: 508922310

Matched Legal Cases: ['§ 531', '§ 531', '§ 531', '§ 1001', '§ 13201', '§ 101', '§ 302', '§ 102', '§ 1001']

26 U.S. Code § 531 - Imposition of accumulated earnings tax | LII / Legal Information Institute
U.S. Code › Title 26 › Subtitle A › Chapter 1 › Subchapter G › Part I › § 531 26 U.S. Code § 531 - Imposition of accumulated earnings tax
(Aug. 16, 1954, ch. 736, 68A Stat. 179; Pub. L. 100–647, title I, § 1001(a)(2)(A),Nov. 10, 1988, 102 Stat. 3349; Pub. L. 103–66, title XIII, §§ 13201(b)(1), 13202(b),Aug. 10, 1993, 107 Stat. 459, 461; Pub. L. 107–16, title I, § 101(c)(4),June 7, 2001, 115 Stat. 43; Pub. L. 108–27, title III, § 302(e)(5),May 28, 2003, 117 Stat. 764; Pub. L. 112–240, title I, § 102(c)(1)(A),Jan. 2, 2013, 126 Stat. 2319.)
2013—Pub. L. 112–240substituted “20 percent” for “15 percent”.
2003—Pub. L. 108–27substituted “equal to 15 percent of the accumulated taxable income.” for “equal to the product of the highest rate of tax under section 1
(c) and the accumulated taxable income.”
2001—Pub. L. 107–16substituted “equal to the product of the highest rate of tax under section 1
(c) and the accumulated taxable income.” for “equal to 39.6 percent of the accumulated taxable income.”
Amendment by Pub. L. 112–240applicable to taxable years beginning after Dec. 31, 2012, see section 102(d)(1) ofPub. L. 112–240, set out as a note under section 1 of this title.
Amendment by Pub. L. 107–16applicable to taxable years beginning after Dec. 31, 2000, see section 101(d)(1) ofPub. L. 107–16, set out as an Effective and Termination Dates of 2001 Amendment note under section 1 of this title.
Pub. L. 100–647, title I, § 1001(a)(2)(B),Nov. 10, 1988, 102 Stat. 3349, provided that: “The amendment made by subparagraph (A) [amending this section] shall apply to taxable years beginning after December 31, 1987. Such amendment shall not be treated as a change in a rate of tax for purposes of section 15 of the 1986 Code.”