Source: https://www.law.cornell.edu/uscode/text/26/444
Timestamp: 2017-06-28 07:32:48
Document Index: 155051505

Matched Legal Cases: ['§ 444', '§ 444', '§ 444', '§\u202f10206', '§\u202f2004', '§\u202f2004', '§\u202f2004', '§\u202f2004', '§\u202f2004', '§\u202f2004', '§\u202f2004', '§\u202f10206', '§\u202f2004']

26 U.S. Code § 444 - Election of taxable year other than required taxable year | US Law | LII / Legal Information Institute
U.S. Code › Title 26 › Subtitle A › Chapter 1 › Subchapter E › Part I › § 444 26 U.S. Code § 444 - Election of taxable year other than required taxable year
Election of taxable year other than required taxable year
(2) Changes in taxable yearExcept as provided in paragraph (3), in the case of an entity changing a taxable year, an election may be made under subsection (a) only if the deferral period of the taxable year elected is not longer than the shorter of—
In the case of an entity’s 1st taxable year beginning after December 31, 1986, an entity may elect a taxable year under subsection (a) which is the same as the entity’s last taxable year beginning in 1986.
(4) Deferral periodFor purposes of this subsection, except as provided in regulations, the term “deferral period” means, with respect to any taxable year of the entity, the months between—
(c) Effect of electionIf an entity makes an election under subsection (a), then—
(A) In generalExcept as otherwise provided in this paragraph—
(Added Pub. L. 100–203, title X, § 10206(a)(1), Dec. 22, 1987, 101 Stat. 1330–397; amended Pub. L. 100–647, title II, § 2004(e)(1), (2)(A), (12), (13), Nov. 10, 1988, 102 Stat. 3600, 3602.)
1988—Subsec. (a). Pub. L. 100–647, § 2004(e)(1)(A), substituted “as otherwise provided in this section” for “as provided in subsections (b) and (c)”.
Subsec. (b)(4). Pub. L. 100–647, § 2004(e)(13), inserted “except as provided in regulations,” before “the term”.
Subsec. (d)(2)(A). Pub. L. 100–647, § 2004(e)(12), inserted “or otherwise terminates such election” after “its taxable year”.
Subsec. (d)(2)(B). Pub. L. 100–647, § 2004(e)(1)(C), inserted “or paragraph (3)(A)” after “under subparagraph (A)”.
Subsec. (d)(3). Pub. L. 100–647, § 2004(e)(1)(B), amended par. (3) generally. Prior to amendment, par. (3) read as follows: “No election may be made under subsection (a) with respect to an entity which is part of a tiered structure other than a tiered structure comprised of 1 or more partnerships or S corporations all of which have the same taxable year.”
Subsecs. (f), (g). Pub. L. 100–647, § 2004(e)(2)(A), added subsec. (f) and redesignated former subsec. (f) as (g).
Pub. L. 100–203, title X, § 10206(d), Dec. 22, 1987, 101 Stat. 1330–403, as amended by Pub. L. 100–647, title II, § 2004(e)(11), Nov. 10, 1988, 102 Stat. 3602, provided that:
Except as provided in this subsection, the amendments made by this section [enacting this section and sections 280H and 7519 of this title] shall apply to taxable years beginning after December 31, 1986.
“(2)Required payments.—
The amendments made by subsection (b) [enacting section 7519 of this title] shall apply to applicable election years beginning after December 31, 1986.
“(3)Elections.—
Any election under section 444 of the Internal Revenue Code of 1986 (as added by subsection (a)) for an entity’s 1st taxable year beginning after December 31, 1986, shall not be required to be made before the 90th day after the date of the enactment of this Act [Dec. 22, 1987].
“(4)Special rule for existing entities electing s corporation status.—If a C corporation (within the meaning of section 1361(a)(2) of the Internal Revenue Code of 1986) with a taxable year other than the calendar year—
made an election after September 18, 1986, and before January 1, 1988, under section 1362 of such Code to be treated as an S corporation, and
elected to have the calendar year as the taxable year of the S corporation,
We truncate results at 20000 items. After that, you're on your own. Termination of Election : 2013-01-11
Timely Payments : 2013-01-11
Procedural Requirements for Making Election : 2010-07-09
Section 442 Accounting Periods : 2010-07-09
Procedural Requirements for Making Election : 2006-04-28
Section 442 Accounting Periods : 2006-04-28
Procedural Requirements for Making Election : 2006-04-21
Section 442 Accounting Periods : 2006-04-21
Extension of Time for Making Certain Elections : 2006-03-24
Late Elections : 2006-03-24
Procedural Requirements for Making Election : 2006-03-24
Procedural Requirements for Making Election : 2005-11-11
Section 442 Accounting Periods : 2005-11-11
Procedural Requirements for Making Election : 2005-11-04
Section 442 Accounting Periods : 2005-11-04
Extension of Time for Making Certain Elections : 2005-05-06
Late Elections : 2005-05-06
Election of Taxable Year Other Than Required Year : 2005-05-06
Procedural Requirements for Making Election : 2004-12-10
Section 442 Accounting Periods : 2004-12-10
Extension of Time for Making Certain Elections : 2004-07-23
Procedural Requirements for Making Election : 2004-07-23
Procedural Requirements for Making Election : 2004-06-18
Procedural Requirements for Making Election : 2004-05-28
Section 442 Accounting Periods : 2004-05-28
Procedural Requirements for Making Election : 2003-08-08
Section 442 Accounting Periods : 2003-08-08
Procedural Requirements for Making Election : 2003-03-28
Section 442 Accounting Periods : 2003-03-28
Procedural Requirements for Making Election : 2002-05-31
Section 442 Accounting Periods : 2002-05-31
Procedural Requirements for Making Election : 2001-12-21
Section 442 Accounting Periods : 2001-12-21
Procedural Requirements for Making Election : 2001-02-09
Section 442 Accounting Periods : 2001-02-09
Procedural Requirements for Making Election : 1999-12-10
Section 442 Accounting Periods : 1999-12-10
Procedural Requirements for Making Election : 1999-08-13
Section 442 Accounting Periods : 1999-08-13
Procedural Requirements for Making Election : 1999-07-02
Section 442 Accounting Periods : 1999-07-02
Procedural Requirements for Making Election : 1999-04-23
Section 442 Accounting Periods : 1999-04-23