Source: https://irc.bloombergtax.com/public/uscode/doc/irc/section_456
Timestamp: 2020-06-04 00:52:16
Document Index: 413727482

Matched Legal Cases: ['§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456', '§ 456']

Internal Revenue Code, § 456. Prepaid Dues Income Of Certain Membership Organizations
I.R.C. § 456(a) Year In Which Included —
I.R.C. § 456(b) Where Taxpayer's Liability Ceases —
I.R.C. § 456(b)(1) —
I.R.C. § 456(b)(2) —
I.R.C. § 456(c) Prepaid Dues Income To Which This Section Applies
I.R.C. § 456(c)(1) Election Of Benefits —
I.R.C. § 456(c)(2) Scope Of Election —
I.R.C. § 456(c)(3) When Election May Be Made
I.R.C. § 456(c)(3)(A) With Consent —
I.R.C. § 456(c)(3)(B) Without Consent —
I.R.C. § 456(c)(4) Period To Which Election Applies —
I.R.C. § 456(d) Transitional Rule
I.R.C. § 456(d)(1) Amount Includible In Gross Income For Election Years —
I.R.C. § 456(d)(2) Deductions Of Amounts Included In Income More Than Once —
I.R.C. § 456(e) Definitions —
I.R.C. § 456(e)(1) Prepaid Dues Income —
I.R.C. § 456(e)(2) Liability —
I.R.C. § 456(e)(3) Membership Organization —
I.R.C. § 456(e)(3)(A) —
I.R.C. § 456(e)(3)(B) —
I.R.C. § 456(e)(4) Receipt Of Prepaid Dues Income —
(Added Pub. L. 87-109, 1(a), July 26, 1961, 75 Stat. 222, and amended Pub. L. 94-455, title XIX, 1901(a)(68), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1775, 1834.)
1976--Subsec. (c). Pub. L. 94-455, 1906(b)(13)(A), struck out “or his delegate” after “Secretary" wherever appearing.
Subsec. (c)(3)(B). Pub. L. 94-455, 1901(a)(68), substituted “for its first taxable year” for “for its first taxable year (i) which begins after December 31, 1960, and (ii)”.
Amendment by section 1901(a)(68) of Pub. L. 94-455 effective for taxable years beginning after Dec. 31, 1976, see section 1901(d) of Pub. L. 94-455, set out as a note under section 2 of this title.
Section 2 of Pub. L. 87-109 provided that: “The amendments made by this Act [enacting this section] shall apply with respect to taxable years beginning after December 31, 1960.”