Source: https://irc.bloombergtax.com/public/uscode/doc/irc/section_164
Timestamp: 2019-10-14 11:21:03
Document Index: 215910930

Matched Legal Cases: ['§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164', '§ 164']

Internal Revenue Code, § 164. Taxes
I.R.C. § 164(a) General Rule —
I.R.C. § 164(a)(1) —
State and local, and foreign, real property taxes.
I.R.C. § 164(a)(2) —
I.R.C. § 164(a)(3) —
State and local, and foreign, income, war profits, and excess profits taxes.
I.R.C. § 164(a)(4) —
The GST tax imposed on income distributions.
I.R.C. § 164(b) Definitions And Special Rules —
I.R.C. § 164(b)(1) Personal Property Taxes —
The term “personal property tax” means an ad valorem tax which is imposed on an annual basis in respect of personal property.
I.R.C. § 164(b)(2) State Or Local Taxes —
I.R.C. § 164(b)(3) Foreign Taxes —
I.R.C. § 164(b)(4) Special Rules For GST Tax
I.R.C. § 164(b)(4)(A) In General —
I.R.C. § 164(b)(4)(A)(i) —
the tax imposed by section 2601, and
I.R.C. § 164(b)(4)(A)(ii) —
any State tax described in section 2604 (as in effect before its repeal),
I.R.C. § 164(b)(4)(B) Special Rule For Tax Paid Before Due Date —
I.R.C. § 164(b)(5) General Sales Taxes —
I.R.C. § 164(b)(5)(A) Election To Deduct State And Local Sales Taxes In Lieu Of State And Local Income Taxes —
I.R.C. § 164(b)(5)(A)(i) —
without regard to the reference to State and local income taxes, and
I.R.C. § 164(b)(5)(A)(ii) —
as if State and local general sales taxes were referred to in a paragraph thereof.
I.R.C. § 164(b)(5)(B) Definition Of General Sales Tax —
The term “general sales tax” means a tax imposed at one rate with respect to the sale at retail of a broad range of classes of items.
I.R.C. § 164(b)(5)(C) Special Rules For Food, Etc. —
I.R.C. § 164(b)(5)(C)(i) —
the fact that the tax does not apply with respect to some or all of such items shall not be taken into account in determining whether the tax applies with respect to a broad range of classes of items, and
I.R.C. § 164(b)(5)(C)(ii) —
the fact that the rate of tax applicable with respect to some or all of such items is lower than the general rate of tax shall not be taken into account in determining whether the tax is imposed at one rate.
I.R.C. § 164(b)(5)(D) Items Taxed At Different Rates —
I.R.C. § 164(b)(5)(E) Compensating Use Taxes —
A compensating use tax with respect to an item shall be treated as a general sales tax. For purposes of the preceding sentence, the term “compensating use tax” means, with respect to any item, a tax which—
I.R.C. § 164(b)(5)(E)(i) —
is imposed on the use, storage, or consumption of such item, and
I.R.C. § 164(b)(5)(E)(ii) —
is complementary to a general sales tax, but only if a deduction is allowable under this paragraph with respect to items sold at retail in the taxing jurisdiction which are similar to such item.
I.R.C. § 164(b)(5)(F) Special Rule For Motor Vehicles —
I.R.C. § 164(b)(5)(G) Separately Stated General Sales Taxes —
I.R.C. § 164(b)(5)(H) Amount Of Deduction May Be Determined Under Tables
I.R.C. § 164(b)(5)(H)(i) In General —
I.R.C. § 164(b)(5)(H)(i)(I) —
the amount determined under this paragraph (without regard to this subparagraph) with respect to motor vehicles, boats, and other items specified by the Secretary, and
I.R.C. § 164(b)(5)(H)(i)(II) —
the amount determined under tables prescribed by the Secretary with respect to items to which subclause (I) does not apply.
I.R.C. § 164(b)(5)(H)(ii) Requirements For Tables —
I.R.C. § 164(b)(5)(H)(ii)(I) —
shall reflect the provisions of this paragraph,
I.R.C. § 164(b)(5)(H)(ii)(II) —
shall be based on the average consumption by taxpayers on a State-by-State basis (as determined by the Secretary) of items to which clause (i)(I) does not apply, taking into account filing status, number of dependents, adjusted gross income, and rates of State and local general sales taxation, and
I.R.C. § 164(b)(5)(H)(ii)(III) —
need only be determined with respect to adjusted gross incomes up to the applicable amount (as determined under section 68(b)).
I.R.C. § 164(b)(6) Limitation On Individual Deductions For Taxable Years 2018 Through 2025 —
In the case of an individual and a taxable year beginning after December 31, 2017, and before January 1, 2026—
I.R.C. § 164(b)(6)(A) —
foreign real property taxes shall not be taken into account under subsection (a)(1), and
I.R.C. § 164(b)(6)(B) —
the aggregate amount of taxes taken into account under paragraphs (1), (2), and (3) of subsection (a) and paragraph (5) of this subsection for any taxable year shall not exceed $10,000 ($5,000 in the case of a married individual filing a separate return).
The preceding sentence shall not apply to any foreign taxes described in subsection (a)(3) or to any taxes described in paragraph (1) and (2) of subsection (a) which are paid or accrued in carrying on a trade or business or an activity described in section 212. For purposes of subparagraph (B), an amount paid in a taxable year beginning before January 1, 2018, with respect to a State or local income tax imposed for a taxable year beginning after December 31, 2017, shall be treated as paid on the last day of the taxable year for which such tax is so imposed.
I.R.C. § 164(c) Deduction Denied In Case Of Certain Taxes —
I.R.C. § 164(c)(1) —
Taxes assessed against local benefits of a kind tending to increase the value of the property assessed; but this paragraph shall not prevent the deduction of so much of such taxes as is properly allocable to maintenance or interest charges.
I.R.C. § 164(c)(2) —
Taxes on real property, to the extent that subsection (d) requires such taxes to be treated as imposed on another taxpayer.
I.R.C. § 164(d) Apportionment Of Taxes On Real Property Between Seller And Purchaser
I.R.C. § 164(d)(1) General Rule —
I.R.C. § 164(d)(1)(A) —
so much of the real property tax as is properly allocable to that part of such year which ends on the day before the date of the sale shall be treated as a tax imposed on the seller, and
I.R.C. § 164(d)(1)(B) —
so much of such tax as is properly allocable to that part of such year which begins on the date of the sale shall be treated as a tax imposed on the purchaser.
I.R.C. § 164(d)(2) Special Rules
I.R.C. § 164(d)(2)(A) —
in the case of any sale of real property, if—
I.R.C. § 164(d)(2)(A)(i) —
a taxpayer may not, by reason of his method of accounting, deduct any amount for taxes unless paid, and
I.R.C. § 164(d)(2)(A)(ii) —
the other party to the sale is (under the law imposing the real property tax) liable for the real property tax for the real property tax year,
I.R.C. § 164(d)(2)(B) —
In the case of any sale of real property, if the taxpayer's taxable income for the taxable year during which the sale occurs is computed under an accrual method of accounting, and if no election under section 461(c) (relating to the accrual of real property taxes) applies, then, for purposes of subsection (a), that portion of such tax which—
I.R.C. § 164(d)(2)(B)(i) —
is treated, under paragraph (1) of this subsection, as imposed on the taxpayer, and
I.R.C. § 164(d)(2)(B)(ii) —
may not, by reason of the taxpayer's method of accounting, be deducted by the taxpayer for any taxable year,
I.R.C. § 164(e) Taxes Of Shareholder Paid By Corporation —
I.R.C. § 164(e)(1) —
the deduction allowed by subsection (a) shall be allowed to the corporation; and
I.R.C. § 164(e)(2) —
no deduction shall be allowed the shareholder for such tax.
I.R.C. § 164(f) Deduction For One-Half Of Self-Employment Taxes
I.R.C. § 164(f)(1) In General —
I.R.C. § 164(f)(2) Deduction Treated As Attributable To Trade Or Business —
I.R.C. § 164(g) Cross References
I.R.C. § 164(g)(1) —
For provisions disallowing any deduction for certain taxes, see section 275Link.
I.R.C. § 164(g)(2) —
For treatment of taxes imposed by Indian tribal governments (or their subdivisions), see section 7871.
(Aug. 16, 1954, ch. 736, 68A Stat. 47 ; Sept. 2, 1958, Pub. L. 85-866, title I, 6(a), 72 Stat. 1608; Feb. 26, 1964, Pub. L. 88-272, title II, 207(a), (b)(1), (2), 78 Stat. 40-42 ; Oct. 27, 1972, Pub. L. 92-580, 4(a), 86 Stat. 1277; Oct. 4, 1976, Pub. L. 94-455, title XIX, 1901(a)(25), 1951(b)(3)(A), 90 Stat. 1767, 1837; Nov. 6, 1978, Pub. L. 95-600, title I, 111(a), (b), 92 Stat. 2777; Apr. 2, 1980, Pub. L. 96-223, title I, 101(b), 94 Stat. 250; Jan. 14, 1983, Pub. L. 97-473, title II, 202(b)(3), 96 Stat. 2609; July 18, 1984, Pub. L. 98-369, div. A, title IV, 474(r)(29)(F), 98 Stat. 844; Oct. 17, 1986, Pub. L. 99-499, title V, 516(b)(2)(A), 100 Stat. 1771; Oct. 22, 1986, Pub. L. 99-514, title I, 134, title XIV, 1432(a)(1), (2), 100 Stat. 2116, 2729; Aug. 23, 1988, Pub. L. 100-418, title I, 1941(b)(2)(A), 102 Stat. 1323; Nov. 10, 1988, Pub. L. 100-647, title I, 1018(u)(11), 102 Stat. 3590; Aug. 20, 1996, Pub. L. 104-188, title I, 1704(t)(79), 110 Stat. 1755; Oct. 22, 2004, Pub. L. 108-357, title V, 501(a), 118 Stat. 1418; Dec. 21, 2005, Pub. L. 109-135, title IV, 403(r)(1), 119 Stat. 2577; Dec. 20, 2006, Pub. L. 109-432, div. A, title I, Sec. 103(a), 120 Stat. 2922; Pub. L. 110-343, div. C, title II, Sec. 201(a), Oct. 3, 2008, 122 Stat. 3765; Pub. L. 111-5, div. B, title I, Sec. 1008, Feb. 17, 2009, 123 Stat. 115; Pub. L. 111-148, Sec. 9015(b)(2)(A), Mar. 23, 2010, 124 Stat. 119; Pub. L. 111-312, Sec. 722, Dec. 17, 2010, 124 Stat. 3296; Pub. L. 112-240, title II, Sec. 205(a), Jan. 2, 2013, 126 Stat. 2313; Pub. L. 113-295, Div. A, title I, Sec. 105(a), title II, Sec. 209(c), 221(a)(12)(D), 221(a)(26), 221(a)(95)(B)(ii), Dec. 19, 2014, 128 Stat. 4010; Pub. L. 114-113, Div. Q, title I, Sec. 106(a); Pub. L. 115-97, title I, Sec. 11042(a), Dec. 22, 2017, 131 Stat. 2054.)
2017 - Subsec. (b). Pub. L. 115-97, Sec. 11042(a), amended subsec. (b), by adding new par. (6).
2015 - Subsec. (b)(5)(I). Pub. L. 114-113, Div. Q, Sec. 106(a), struck subpar. (I). Before being struck, it read as follows:
“(I) Application Of Paragraph.—This paragraph shall apply to taxable years beginning after December 31, 2003, and before January 1, 2015.”
2014 - Subsec. (a)(5). Pub. L. 113-295, Div. A, Sec. 221(a)(12)(D), amended subsec. (a) by striking par. (5). Before being struck, it read as follows:
“(5) The environmental tax imposed by section 59A.
Subsec. (a)(6). Pub. L. 113-295, Div. A, Sec. 221(a)(26), amended subsec. (a) by striking par. (6). Before being struck, it read as follows:
“(6) Qualified motor vehicle taxes.”
Subsec. (b)(4)(A)(ii). Pub. L. 113-295, Div. A, Sec. 221(a)(95)(B)(ii), amended clause (ii) by inserting “(as in effect before its repeal)” after “section 2604”.
Subsec. (b)(5)(I). Pub. L. 113-295, Div. A, Sec. 105(a), amended subpar. (I) by substituting “January 1, 2015” for “January 1, 2014”.
Subsec. (b)(6)(E)-(G). Pub. L. 113-295, Div. A, Sec. 209(c)(1), amended par. (6) by striking subpar. (E) and by redesignating par. (F)-(G) as par. (E)-(F), respectively. Before being struck, subpar. (E) read as follows:
“(E) Qualified Motor Vehicle Taxes Not Included In Cost Of Acquired Property.—The last sentence of subsection (a) shall not apply to any qualified motor vehicle taxes.”
Subsec. (b)(6)(E). Pub. L. 113-295, Div. A, Sec. 209(c)(2), amended subpar. (E), after redesignation, by substituting “Subsection (a)(6)” for “This paragraph”.
Subsec. (b)(6)(F). Pub. L. 113-295, Div. A, Sec. 209(c)(2), amended subpar. (F), after redesignation, by substituting “Subsection (a)(6)” for “This paragraph”.
Subsec. (b)(6). Pub. L. 113-295, Div. A, Sec. 221(a)(26), amended subsec. (b) by striking par. (6). Before being struck, it read as follows:
“(6) (6) Qualified Motor Vehicle Taxes.—(A) In General.—For purposes of this section, the term “qualified motor vehicle taxes” means any State or local sales or excise tax imposed on the purchase of a qualified motor vehicle. (B) Limitation Based On Vehicle Price.—The amount of any State or local sales or excise tax imposed on the purchase of a qualified motor vehicle taken into account under subparagraph (A) shall not exceed the portion of such tax attributable to so much of the purchase price as does not exceed $49,500.
“(C) Income Limitation.—The amount otherwise taken into account under subparagraph (after the application of subparagraph (B)) for any taxable year shall be reduced (but not below zero) by the amount which bears the same ratio to the amount which is so treated as—
“ (i) the excess (if any) of—
“(II) $125,000 ($250,000 in the case of a joint return), bears to
“(ii) $10,000. For purposes of the preceding sentence, the term “modified adjusted gross income” means the adjusted gross income of the taxpayer for the taxable year (determined without regard to sections 911, 931, and 933).
“(D) Qualified Motor Vehicle.—For purposes of this paragraph—
“(i) In General.—The term “qualified motor vehicle” means—
“(I) a passenger automobile or light truck which is treated as a motor vehicle for purposes of title II of the Clean Air Act, the gross vehicle weight rating of which is not more than 8,500 pounds, and the original use of which commences with the taxpayer,
“(II) a motorcycle the gross vehicle weight rating of which is not more than 8,500 pounds and the original use of which commences with the taxpayer, and
“(III) a motor home the original use of which commences with the taxpayer.
“(ii) Other Terms.—The terms “motorcycle” and “motor home” have the meanings given such terms under section 571.3 of title 49, Code of Federal Regulations (as in effect on the date of the enactment of this paragraph).
“(E) Coordination With General Sales Tax.—Subsection (a)(6) shall not apply in the case of a taxpayer who makes an election under paragraph (5) for the taxable year.
“(F) Termination.—Subsection (a)(6) shall not apply to purchases after December 31, 2009.”
2013 - Subsec. (b)(5)(I).Pub. L. 112-240, Sec. 205(a), amended subpar. (I) by substituting “January 1, 2014” for “January 1, 2012”.
2010 - Subsec. (b)(5)(I). Pub. L. 111-312, Sec. 722(a), amended subpar. (I) by substituting “January 1, 2012” for “January 1, 2010”.
Subsec. (f). Pub. L. 111-148, Sec. 9015(b)(2)(A), amended subsec. (f) by inserting “(other than the taxes imposed by section 1401(b)(2))” after “section 1401)”.
2009 - Subsec. (a)(6). Pub. L. 111-5, Div. B, Sec. 1008(a), amended subsec. (a) by adding par. (6).
Subsec. (b)(6). Pub. L. 111-5, Div. B, Sec. 1008(b), amended subsec. (b) by adding par. (6).
2008 - Subsec. (b)(5)(I).Pub. L. 110-343, Div. C, Sec. 201(a), amended subpar. (I) by substituting “January 1, 2010” for “January 1, 2008”.
2006 - Subsec. (b)(5)(I).Pub. L. 109-432, sec. 103(a), amended subpar. (I) by substituting “2008” for “2006”.
2005 - Subsec. (b)(5)(A).Pub. L. 109-135, sec. 403(r)(1), amended subpar. (A). Before amendment, it read as follows:
“(A) ELECTION TO DEDUCT STATE AND LOCAL SALES TAXES IN LIEU OF STATE AND LOCAL INCOME TAXES-
“At the election of the taxpayer for the taxable year, subsection (a) shall be applied--
“(I) without regard to the reference to State and local income taxes, and
“(II) as if State and local general sales taxes were referred to in a paragraph thereof.”
2004 -- Subsec. (a). Pub. L. 108-357, sec. 501(a) added par. (5).
1996--Subsec. (a). Pub. L. 104-188, sec. 1704(t)(79) struck out paragraphs (4) and (5) and added new paragraphs (4) and (5). Prior to amendment the paragraphs read as follows:
‘(4) The environmental tax imposed by section 59A.
‘(5) The GST tax imposed on income distributions.’
1988--Subsec. (a)(4). Pub. L. 100-418 struck out par. (4) relating to windfall profit tax imposed by section 4986 and redesignated par. (5) relating to environmental tax as (4).
Subsec. (a)(5). Pub. L. 100-647 substituted “The GST” for “the GST”.
Pub. L. 100-418 redesignated par. (5), relating to environmental tax, as (4).
1986--Subsec. (a). Pub. L. 99-514, 134(a)(2), inserted “Notwithstanding the preceding sentence, any tax (not described in the first sentence of this subsection) which is paid or accrued by the taxpayer in connection with an acquisition or disposition of property shall be treated as part of the cost of the acquired property or, in the case of a disposition, as a reduction in the amount realized on the disposition.”
Subsec. (a)(4). Pub. L. 99-514, 134(a)(1), struck out par. (4) relating to “State and local general sales taxes” and redesignated as par. (4) former par. (5) relating to windfall profit tax.
Subsec. (a)(5). Pub. L. 99-514, 1432(a)(1), added par. (5) relating to GST tax imposed on income distributions.
Pub. L. 99-499 added par. (5) relating to environmental tax.
Subsec. (b)(2). Pub. L. 99-514, 134(b)(1), (2), redesignated par. (3) as (2) and struck out former par. (2), general sales taxes provisions, subpars. (A) to (E) of which covered in general rule, special rules for food, etc., items taxed at different rates, compensating use taxes, and special rules for motor vehicles, respectively.
Subsec. (b)(3). Pub. L. 99-514, 134(b)(2), redesignated par. (4) as (3). Former par. (3) redesignated (2).
Subsec. (b)(4). Pub. L. 99-514, 1432(a)(2), added par. (4).
Pub. L. 99-514, 134(b)(2), redesignated par. (4) as (3).
Subsec. (b)(5). Pub. L. 99-514, 134(b)(1), struck out par. (5), separately stated general sales taxes, which read as follows: “If the amount of any general sales tax is separately stated, then, to the extent that the amount so stated is paid by the consumer (otherwise than in connection with the consumer's trade or business) to his seller, such amount shall be treated as a tax imposed on, and paid by, such consumer.”
1984--Subsec. (f). Pub. L. 98-369 redesignated pars. (2) and (3) as pars. (1) and (2), respectively. Former par. (1), which referred to section 1451 for provisions disallowing any deduction for the payment of the tax imposed by subchapter B of chapter 3 (relating to tax-free covenant bonds), was struck out.
1983 - Subsec. (f)-(g). Pub. L. 98-21, 124(c)(1) redesignated subsec. (f) as subsec. (g) and added a new subsec. (f). that, applicable to taxable years beginning after Dec. 31, 1989, subsec. (f) of this section is redesignated (g) and a new subsec. (f).
Subsec. (f)(3). Pub. L. 97-473 added par. (3).
1980--Subsec. (a)(5). Pub. L. 96-223 added par. (5).
1978--Subsec. (a)(5). Pub. L. 95-600, 111(a), struck out par. (5) relating to a deduction for State and local taxes on the sale of gasoline, diesel fuel, and other motor fuels.
Subsec. (b)(5). Pub. L. 95-600, 111(b), struck out in heading “and gasoline taxes” after “sales taxes”, and in text “or of any tax on the sale of gasoline, diesel fuel, or other motor fuel” after “sales tax”.
1976--Subsec. (d)(2). Pub. L. 94-455, 1901(a)(25), redesignated subpar. (D) as (B), and struck out subpar. (B) which related to the taxable years that subsec. (d)(1) applied and subpar. (C) which related to the limitations on subsec. (d)(1) where real property tax was allowable as a deduction under the Internal Revenue Code of 1939.
Subsecs. (f), (g). Pub. L. 94-455, 1951(b)(3)(A), redesignated subsec. (g) as (f). Former subsec. (f), which related to payments for municipal services in atomic energy communities, was struck out.
1972--Subsec. (b)(2)(E).Pub. L. 92-580 added subpar. (E).
1964--Subsec. (a). Pub. L. 88-272, 207(a), limited the subsection to State, local and foreign real property, income, war profits, excess profits, and unspecified taxes, on a business or activity described in section 212, and to State and local personal property, general sales, gasoline, diesel fuel and other motor fuel taxes.
Subsec. (b). Pub. L. 88-272, 207(a), added subsec. (b). Former subsec. (b), which denied the deduction for certain Federal income taxes, for Federal war profits and excess profits taxes, import duties, excise and stamp taxes, and estate, inheritance, legacy, succession and gift taxes, local assessments against benefits increasing property values, and certain taxes imposed by any foreign country or possession of the United States if the taxpayer chose to benefit by section 901 relating to foreign tax credit, and for taxes on real property to the extent that they are treated as imposed on another taxpayer, was struck out.
Subsec. (c). Pub. L. 88-272, 207(a), substituted provisions denying the deduction for taxes assessed against local benefits which increase property value, except for so much as is properly allocable to maintenance or interest charges, and for real property taxes to the extent they are treated as imposed on another taxpayer, for provisions relating to certain retail sales taxes and gasoline taxes, the extent to which they were deductible, and to definition of “state or local sales tax”.
Subsec. (f). Pub. L. 88-272, 207(b)(1), inserted “State” before “real property taxes”.
Subsec. (g). Pub. L. 88-272, 207(b)(2), designated existing provisions as par. (1), substituted “1451” for “1451(f)” and added par. (2).
1958--Subsecs. (f), (g).Pub. L. 85-866, 6(a), added subsec. (f) and redesignated former subsec. (f) as (g).
Amendment by Pub. L. 115-97, Sec. 11042(a), effective for taxable years beginning after December 31, 2016.
Amendment by Pub. L. 113-295, Div. A, Sec. 105(a), effective for taxable years beginning after December 31, 2013.
Amendments by Pub. L. 113-295, Div. A, Sec. 209(c), effective as if included in the provisions of the American Recovery and Reinvestment Tax Act of 2009 [Pub. L. 111-5, Div. B, Sec. 1008] to which they relate [Effective for purchases on or after Feb. 17, 2009 in taxable years ending after such date.
Amendments by Pub. L. 113-295, Div. A, Sec. 221(a), effective on the day of the enactment of this Act [Enacted: Dec. 19, 2014].
Amendment by Pub. L. 114-113, Div. Q, Sec. 106(a), effective for taxable years beginning after December 31, 2014.
Amendment by Section 205 of Pub. L. 112-240 effective for taxable years beginning after December 31, 2011.
Amendment by Section 722 of Pub. L. 111-312 effective for taxable years beginning after December 31, 2010.
Amendment by Section 9015(b) of Pub. L. 111-148 effective with respect to remuneration received, and taxable years beginning, after December 31, 2012.
Amendments by Div. B, Section 1008 of Pub. L. 111-5 effective for purchases on or after the date of the enactment of this Act [Enacted: Feb. 17, 2009] in taxable years ending after such date.
Amendment by Div. C, Section 201(a) of Pub. L. 110-343 effective for taxable years beginning after December 31, 2007.
Amendment by Section 103(a) of Pub. L. 109-432 effective for taxable years beginning after December 31, 2005.
Amendment by Section 403(r)(1) of Pub. L. 109-135 effective as if included in the provisions of the American Jobs Creation Act of 2004 [Pub. L. 108-357, Sec. 501] to which it relates.
Amendment by Section 501(a) of Pub. L. 108-357 effective for taxable years beginning after Dec. 31, 2003.
Section 1941(c) of Pub. L. 100-418 provided that: “The amendments made by this section [amending sections 164, 193, 291, 6161, 6211, 6212, 6213, 6214, 6302, 6344, 6501, 6511, 6512, 6611, 6654, 6655, 6724, 6862, 7422, and 7512 of this title, and repealing sections 280D, 4986 to 4998, 6050C, 6076, 6232, 6429, 6430, and 7241 of this title] shall apply to crude oil removed from the premises on or after the date of the enactment of this Act [Aug. 23, 1988].”
Amendment by section 134 of Pub. L. 99-514 applicable to taxable years beginning after Dec. 31, 1986, see section 151(a) of Pub. L. 99-514, set out as a note under section 1 of this title.
Amendment by section 1432(a)(1), (2) of Pub. L. 99-514 applicable to generation-skipping transfers (within the meaning of section 2611 of this title) made after Oct. 22, 1986, except as otherwise provided, see section 1433 of Pub. L. 99-514, set out as an Effective Date note under section 2601 of this title.
Amendment by Pub. L. 98-369 not applicable with respect to obligations issued before Jan. 1, 1984, see section 475(b) of Pub. L. 98-369, set out as a note under section 33 of this title.
For effective date of amendment by Pub. L. 97-473, see section 204(1) of Pub. L. 97-473, set out as an Effective Date note under section 7871 of this title.
Amendment by Pub. L. 96-223 applicable to periods after Feb. 29, 1980, see section 101(i) of Pub. L. 96-223, set out as an Effective Date note under section 6161 of this title.
Section 111(c) of Pub. L. 95-600 provided that: “The amendments made by this section [amending this section] shall apply to taxable years beginning after December 31, 1978.”
Amendment by Pub. L. 94-455 applicable with respect to taxable years beginning after Dec. 31, 1976, see sections 1901(d) and 1951(d) of Pub. L. 94-455, set out as notes under sections 2 and 72 of this title, respectively.
Section 4(b) of Pub. L. 92-580 provided that: “The amendment made by subsection (a) [amending this section] shall apply to taxable years ending on or after January 1, 1971.”
Section 207(c) of Pub. L. 88-272, as amended byPub. L. 99-514, 2, Oct. 22, 1986, 100 Stat. 2095, provided that:
“(1) General rule.--Except as provided in paragraph (2), the amendments made by this section [enacting section 275 of this title and amending sections 164, 535, 545, 556, 901, and 903 of this title] shall apply to taxable years beginning after December 31, 1963.
“(2) Special taxing districts.--Section 164(c)(1) of the Internal Revenue Code of 1986 [formerly I.R.C. 1954 ] (as amended by subsection (a)) shall not prevent the deduction under section 164 of such Code (as so amended) of taxes levied by a special taxing district which is described in section 164(b)(5) of such Code (as in effect for a taxable year ending on December 31, 1963) and which was in existence on December 31, 1963, for the purpose of retiring indebtedness existing on such date.”
Section 6(b) of Pub. L. 85-866 provided that: “The amendments made by subsection (a) [amending this section] shall apply with respect to taxable years beginning after December 31, 1957.”
Section 601 of Pub. L. 111-312, as amended by Pub. L. 112-78, Sec. 101, and Pub. L. 112-96, Sec. 1001, provided that:
“SEC. 601. TEMPORARY EMPLOYEE PAYROLL TAX CUT.
“(a) IN GENERAL.—Notwithstanding any other provision of law,—
“(2) with respect to remuneration received during the payroll tax holiday period, the rate of tax under 3101(a) of such Code shall be 4.2 percent (including for purposes of determining the applicable percentage under sections 3201(a) and 3211(a)(1) of such Code).
“(c) PAYROLL TAX HOLIDAY PERIOD.—The term ‘payroll tax holiday period' means calendar years 2011 and 2012.
“(2) TRANSFERS TO SOCIAL SECURITY EQUIVALENT BENEFIT ACCOUNT.—There are hereby appropriated to the Social Security Equivalent Benefit Account established under section 15A(a) of the Railroad Retirement Act of 1974 ( 45 U.S.C. 231n-1(a) ) amounts equal to the reduction in revenues to the Treasury by reason of the application of subsection (a)(2). Amounts appropriated by the preceding sentence shall be transferred from the general fund at such times and in such manner as to replicate to the extent possible the transfers which would have occurred to such Account had such amendments not been enacted.
Pub. L. 112-96, Sec. 1001(b), struck subsec. (f) and (g) of Sec. 601 of Pub. L. 111-312, as amended by Pub. L. 112-78, Sec. 101, effective for remuneration received, and taxable years beginning, after December 31, 2011. Before being struck, Sec. 601(f) and (g) read as follows:
“(f) SPECIAL RULES FOR 2012.—
“(1) LIMITATION ON SELF-EMPLOYMENT INCOME.—In the case of any taxable year beginning in 2012, subsection (a)(1) shall only apply with respect to so much of the taxpayer's self-employment income (as defined in section 1402(b) of the Internal Revenue Code of 1986) as does not exceed the excess (if any) of—
“(A) $18,350, over
“(B) the amount of wages and compensation received during the portion of the payroll tax holiday period occurring during 2012 subject to tax under section 3101(a) of such Code or section 3201(a) of such Code.
“(2) COORDINATION WITH DEDUCTION FOR EMPLOYMENT TAXES.—In the case of a taxable year beginning in 2012, subparagraph (A) of subsection (b)(2) shall be applied as if it read as follows:
“ ‘(A) the sum of—
“(i) 59.6 percent of the portion of such taxes attributable to the tax imposed by section 1401(a) of such Code (determined after the application of this section) on so much of self-employment income (as defined in section 1402(b) of such Code) as does not exceed the amount of self-employment income described in paragraph (1), plus
“(ii) one-half of the portion of such taxes attributable to the tax imposed by section 1401(a) of such Code (determined without regard to this section) on self-employment income (as so defined) in excess of such amount, plus'.
“(g) RECAPTURE OF EXCESS BENEFIT.—
“(1) IN GENERAL.—There is hereby imposed on the income of every individual a tax equal to 2 percent of the sum of wages (within the meaning of section 3121(a)(1) of the Internal Revenue Code of 1986) and compensation (to which section 3201(a) of such Code applies) received during the period beginning January 1, 2012, and ending February 29, 2012, to the extent the amount of such sum exceeds $18,350.
“(2) REGULATIONS.—The Secretary of the Treasury or the Secretary's delegate shall prescribe such regulations or other guidance as may be necessary or appropriate to carry out this subsection, including guidance for payment by the employee of the tax imposed by paragraph (1).”
Section 1951(b)(3)(B) of Pub. L. 94-455 provided that: “Notwithstanding subparagraph (A) [amending this section], any amount paid or accrued in a taxable year beginning after December 31, 1976, to the Atomic Energy Commission or its successors for municipal-type services shall be allowed as a deduction under section 164 if such amount would have been deductible by reason of section 164(f) (as in effect for a taxable year ending on December 31, 1976) and if the amount is paid or accrued with respect to real property in a community (within the meaning of section 21(b) of the Atomic Energy Community Act of 1955 (42 U.S.C. 2304(b))) in which the Commission on December 31, 1976, was rendering municipal-type services for which it received compensation from the owners of property within such community.”