-CITE-
26 USC Subchapter W - District of Columbia Enterprise
Zone 01/19/04
-EXPCITE-
TITLE 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter W - District of Columbia Enterprise Zone
-HEAD-
SUBCHAPTER W - DISTRICT OF COLUMBIA ENTERPRISE ZONE
-MISC1-
Sec.
1400. Establishment of DC Zone.
1400A. Tax-exempt economic development bonds.
1400B. Zero percent capital gains rate.
1400C. First-time homebuyer credit for District of Columbia.
-End-
-CITE-
26 USC Sec. 1400 01/19/04
-EXPCITE-
TITLE 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter W - District of Columbia Enterprise Zone
-HEAD-
Sec. 1400. Establishment of DC Zone
-STATUTE-
(a) In general
For purposes of this title -
(1) the applicable DC area is hereby designated as the District
of Columbia Enterprise Zone, and
(2) except as otherwise provided in this subchapter, the
District of Columbia Enterprise Zone shall be treated as an
empowerment zone designated under subchapter U.
(b) Applicable DC area
For purposes of subsection (a), the term "applicable DC area"
means the area consisting of -
(1) the census tracts located in the District of Columbia which
are part of an enterprise community designated under subchapter U
before the date of the enactment of this subchapter, and
(2) all other census tracts -
(A) which are located in the District of Columbia, and
(B) for which the poverty rate is not less than than (!1) 20
percent as determined on the basis of the 1990 census.
(c) District of Columbia Enterprise Zone
For purposes of this subchapter, the terms "District of Columbia
Enterprise Zone" and "DC Zone" mean the District of Columbia
Enterprise Zone designated by subsection (a).
(d) Special rule for application of employment credit
With respect to the DC Zone, section 1396(d)(1)(B) (relating to
empowerment zone employment credit) shall be applied by
substituting "the District of Columbia" for "such empowerment
zone".
(e) Special rule for application of enterprise zone business
definition
For purposes of this subchapter and for purposes of applying
subchapter U with respect to the DC Zone, section 1397C shall be
applied without regard to subsections (b)(6) and (c)(5) thereof.
(f) Time for which designation applicable
(1) In general
The designation made by subsection (a) shall apply for the
period beginning on January 1, 1998, and ending on December 31,
2003.
(2) Coordination with DC enterprise community designated under
subchapter U
The designation under subchapter U of the census tracts
referred to in subsection (b)(1) as an enterprise community shall
terminate on December 31, 2003.
-SOURCE-
(Added Pub. L. 105-34, title VII, Sec. 701(a), Aug. 5, 1997, 111
Stat. 863; amended Pub. L. 105-206, title VI, Sec. 6008(a), July
22, 1998, 112 Stat. 811; Pub. L. 106-554, Sec. 1(a)(7) [title I,
Secs. 113(c), 116(b)(5), 164(a)(1)], Dec. 21, 2000, 114 Stat. 2763,
2763A-601, 2763A-603, 2763A-625.)
-REFTEXT-
REFERENCES IN TEXT
The date of the enactment of this subchapter, referred to in
subsec. (b)(1), is the date of enactment of Pub. L. 105-34, which
was approved Aug. 5, 1997.
-MISC1-
AMENDMENTS
2000 - Subsec. (d). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
113(c)], amended heading and text of subsec. (d) generally,
striking out par. (1) designation and heading and par. (2), which
provided that there would be no decrease of empowerment zone
employment credit in 2002.
Subsec. (e). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
116(b)(5)], substituted "section 1397C" for "section 1397B".
Subsec. (f). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
164(a)(1)], substituted "2003" for "2002" in pars. (1) and (2).
1998 - Subsec. (b)(2)(B). Pub. L. 105-206 inserted "as determined
on the basis of the 1990 census" after "percent".
EFFECTIVE DATE OF 2000 AMENDMENT
Amendment by section 1(a)(7) [title I, Sec. 113(c)] of Pub. L.
106-554 applicable to wages paid or incurred after Dec. 31, 2001,
see section 1(a)(7) [title I, Sec. 113(d)] of Pub. L. 106-554, set
out as a note under section 1396 of this title.
Amendment by section 1(a)(7) [title I, Sec. 116(b)(5)] of Pub. L.
106-554 applicable to qualified empowerment zone assets acquired
after Dec. 21, 2000, see section 1(a)(7) [title I, Sec. 116(c)] of
Pub. L. 106-554, set out as a note under section 1016 of this
title.
EFFECTIVE DATE OF 1998 AMENDMENT
Amendment by Pub. L. 105-206 effective, except as otherwise
provided, as if included in the provisions of the Taxpayer Relief
Act of 1997, Pub. L. 105-34, to which such amendment relates, see
section 6024 of Pub. L. 105-206, set out as a note under section 1
of this title.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 39, 1400B of this title.
-FOOTNOTE-
(!1) So in original. The second "than" probably should not appear.
-End-
-CITE-
26 USC Sec. 1400A 01/19/04
-EXPCITE-
TITLE 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter W - District of Columbia Enterprise Zone
-HEAD-
Sec. 1400A. Tax-exempt economic development bonds
-STATUTE-
(a) In general
In the case of the District of Columbia Enterprise Zone,
subparagraph (A) of section 1394(c)(1) (relating to limitation on
amount of bonds) shall be applied by substituting "$15,000,000" for
"$3,000,000" and section 1394(b)(3)(B)(iii) shall be applied
without regard to the employee residency requirement.
(b) Period of applicability
This section shall apply to bonds issued during the period
beginning on January 1, 1998, and ending on December 31, 2003.
-SOURCE-
(Added Pub. L. 105-34, title VII, Sec. 701(a), Aug. 5, 1997, 111
Stat. 864; amended Pub. L. 105-206, title VI, Sec. 6008(b), July
22, 1998, 112 Stat. 811; Pub. L. 106-554, Sec. 1(a)(7) [title I,
Sec. 164(a)(2)], Dec. 21, 2000, 114 Stat. 2763, 2763A-625.)
-MISC1-
AMENDMENTS
2000 - Subsec. (b). Pub. L. 106-554 substituted "2003" for
"2002".
1998 - Subsec. (a). Pub. L. 105-206 inserted before the period at
end "and section 1394(b)(3)(B)(iii) shall be applied without regard
to the employee residency requirement".
EFFECTIVE DATE OF 1998 AMENDMENT
Amendment by Pub. L. 105-206 effective, except as otherwise
provided, as if included in the provisions of the Taxpayer Relief
Act of 1997, Pub. L. 105-34, to which such amendment relates, see
section 6024 of Pub. L. 105-206, set out as a note under section 1
of this title.
-End-
-CITE-
26 USC Sec. 1400B 01/19/04
-EXPCITE-
TITLE 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter W - District of Columbia Enterprise Zone
-HEAD-
Sec. 1400B. Zero percent capital gains rate
-STATUTE-
(a) Exclusion
Gross income shall not include qualified capital gain from the
sale or exchange of any DC Zone asset held for more than 5 years.
(b) DC Zone asset
For purposes of this section -
(1) In general
The term "DC Zone asset" means -
(A) any DC Zone business stock,
(B) any DC Zone partnership interest, and
(C) any DC Zone business property.
(2) DC Zone business stock
(A) In general
The term "DC Zone business stock" means any stock in a
domestic corporation which is originally issued after December
31, 1997, if -
(i) such stock is acquired by the taxpayer, before January
1, 2004, at its original issue (directly or through an
underwriter) solely in exchange for cash,
(ii) as of the time such stock was issued, such corporation
was a DC Zone business (or, in the case of a new corporation,
such corporation was being organized for purposes of being a
DC Zone business), and
(iii) during substantially all of the taxpayer's holding
period for such stock, such corporation qualified as a DC
Zone business.
(B) Redemptions
A rule similar to the rule of section 1202(c)(3) shall apply
for purposes of this paragraph.
(3) DC Zone partnership interest
The term "DC Zone partnership interest" means any capital or
profits interest in a domestic partnership which is originally
issued after December 31, 1997, if -
(A) such interest is acquired by the taxpayer, before January
1, 2004, from the partnership solely in exchange for cash,
(B) as of the time such interest was acquired, such
partnership was a DC Zone business (or, in the case of a new
partnership, such partnership was being organized for purposes
of being a DC Zone business), and
(C) during substantially all of the taxpayer's holding period
for such interest, such partnership qualified as a DC Zone
business.
A rule similar to the rule of paragraph (2)(B) shall apply for
purposes of this paragraph.
(4) DC Zone business property
(A) In general
The term "DC Zone business property" means tangible property
if -
(i) such property was acquired by the taxpayer by purchase
(as defined in section 179(d)(2)) after December 31, 1997,
and before January 1, 2004,
(ii) the original use of such property in the DC Zone
commences with the taxpayer, and
(iii) during substantially all of the taxpayer's holding
period for such property, substantially all of the use of
such property was in a DC Zone business of the taxpayer.
(B) Special rule for buildings which are substantially improved
(i) In general
The requirements of clauses (i) and (ii) of subparagraph
(A) shall be treated as met with respect to -
(I) property which is substantially improved by the
taxpayer before January 1, 2004, and
(II) any land on which such property is located.
(ii) Substantial improvement
For purposes of clause (i), property shall be treated as
substantially improved by the taxpayer only if, during any
24-month period beginning after December 31, 1997, additions
to basis with respect to such property in the hands of the
taxpayer exceed the greater of -
(I) an amount equal to the adjusted basis of such
property at the beginning of such 24-month period in the
hands of the taxpayer, or
(II) $5,000.
(5) Treatment of DC Zone termination
The termination of the designation of the DC Zone shall be
disregarded for purposes of determining whether any property is a
DC Zone asset.
(6) Treatment of subsequent purchasers, etc.
The term "DC Zone asset" includes any property which would be a
DC Zone asset but for paragraph (2)(A)(i), (3)(A), or (4)(A)(i)
or (ii) in the hands of the taxpayer if such property was a DC
Zone asset in the hands of a prior holder.
(7) 5-year safe harbor
If any property ceases to be a DC Zone asset by reason of
paragraph (2)(A)(iii), (3)(C), or (4)(A)(iii) after the 5-year
period beginning on the date the taxpayer acquired such property,
such property shall continue to be treated as meeting the
requirements of such paragraph; except that the amount of gain to
which subsection (a) applies on any sale or exchange of such
property shall not exceed the amount which would be qualified
capital gain had such property been sold on the date of such
cessation.
(c) DC Zone business
For purposes of this section, the term "DC Zone business" means
any enterprise zone business (as defined in section 1397C),
determined -
(1) after the application of section 1400(e),
(2) by substituting "80 percent" for "50 percent" in
subsections (b)(2) and (c)(1) of section 1397C, and
(3) by treating no area other than the DC Zone as an
empowerment zone or enterprise community.
(d) Treatment of zone as including census tracts with 10 percent
poverty rate
For purposes of applying this section (and for purposes of
applying this subchapter and subchapter U with respect to this
section), the DC Zone shall be treated as including all census
tracts -
(1) which are located in the District of Columbia, and
(2) for which the poverty rate is not less than 10 percent as
determined on the basis of the 1990 census.
(e) Other definitions and special rules
For purposes of this section -
(1) Qualified capital gain
Except as otherwise provided in this subsection, the term
"qualified capital gain" means any gain recognized on the sale or
exchange of -
(A) a capital asset, or
(B) property used in the trade or business (as defined in
section 1231(b)).
(2) Gain before 1998 or after 2008 not qualified
The term "qualified capital gain" shall not include any gain
attributable to periods before January 1, 1998, or after December
31, 2008.
(3) Certain gain not qualified
The term "qualified capital gain" shall not include any gain
which would be treated as ordinary income under section 1245 or
under section 1250 if section 1250 applied to all depreciation
rather than the additional depreciation.
(4) Intangibles and land not integral part of DC Zone business
The term "qualified capital gain" shall not include any gain
which is attributable to real property, or an intangible asset,
which is not an integral part of a DC Zone business.
(5) Related party transactions
The term "qualified capital gain" shall not include any gain
attributable, directly or indirectly, in whole or in part, to a
transaction with a related person. For purposes of this
paragraph, persons are related to each other if such persons are
described in section 267(b) or 707(b)(1).
(f) Certain other rules to apply
Rules similar to the rules of subsections (g), (h), (i)(2), and
(j) of section 1202 shall apply for purposes of this section.
(g) Sales and exchanges of interests in partnerships and S
corporations which are DC Zone businesses
In the case of the sale or exchange of an interest in a
partnership, or of stock in an S corporation, which was a DC Zone
business during substantially all of the period the taxpayer held
such interest or stock, the amount of qualified capital gain shall
be determined without regard to -
(1) any gain which is attributable to real property, or an
intangible asset, which is not an integral part of a DC Zone
business, and
(2) any gain attributable to periods before January 1, 1998, or
after December 31, 2008.
-SOURCE-
(Added Pub. L. 105-34, title VII, Sec. 701(a), Aug. 5, 1997, 111
Stat. 864; amended Pub. L. 105-206, title VI, Sec. 6008(c), July
22, 1998, 112 Stat. 811; Pub. L. 106-554, Sec. 1(a)(7) [title I,
Secs. 116(b)(5), 164(b)], Dec. 21, 2000, 114 Stat. 2763, 2763A-603,
2763A-625.)
-MISC1-
AMENDMENTS
2000 - Subsec. (b). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
164(b)(1)], substituted "2004" for "2003" wherever appearing.
Subsec. (c). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
116(b)(5)], substituted "section 1397C" for "section 1397B" in
introductory provisions and in par. (2).
Subsec. (e)(2). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
164(b)(2)], substituted "2008" for "2007" in heading and text.
Subsec. (g)(2). Pub. L. 106-554, Sec. 1(a)(7) [title I, Sec.
164(b)(2)], substituted "2008" for "2007".
1998 - Subsec. (b)(5). Pub. L. 105-206, Sec. 6008(c)(1), added
par. (5).
Subsec. (b)(6). Pub. L. 105-206, Sec. 6008(c)(2), substituted
"(4)(A)(i) or (ii)" for "(4)(A)(ii)".
Subsec. (c). Pub. L. 105-206, Sec. 6008(c)(3), struck out "entity
which is an" before "enterprise zone" in introductory provisions.
Subsec. (d)(2). Pub. L. 105-206, Sec. 6008(c)(4), inserted "as
determined on the basis of the 1990 census" after "percent".
EFFECTIVE DATE OF 2000 AMENDMENT
Amendment by section 1(a)(7) [title I, Sec. 116(b)(5)] of Pub. L.
106-554 applicable to qualified empowerment zone assets acquired
after Dec. 21, 2000, see section 1(a)(7) [title I, Sec. 116(c)] of
Pub. L. 106-554, set out as a note under section 1016 of this
title.
EFFECTIVE DATE OF 1998 AMENDMENT
Amendment by Pub. L. 105-206 effective, except as otherwise
provided, as if included in the provisions of the Taxpayer Relief
Act of 1997, Pub. L. 105-34, to which such amendment relates, see
section 6024 of Pub. L. 105-206, set out as a note under section 1
of this title.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 45D, 1202, 1223, 1400F of
this title.
-End-
-CITE-
26 USC Sec. 1400C 01/19/04
-EXPCITE-
TITLE 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter W - District of Columbia Enterprise Zone
-HEAD-
Sec. 1400C. First-time homebuyer credit for District of Columbia
-STATUTE-
(a) Allowance of credit
In the case of an individual who is a first-time homebuyer of a
principal residence in the District of Columbia during any taxable
year, there shall be allowed as a credit against the tax imposed by
this chapter for the taxable year an amount equal to so much of the
purchase price of the residence as does not exceed $5,000.
(b) Limitation based on modified adjusted gross income
(1) In general
The amount allowable as a credit under subsection (a)
(determined without regard to this subsection and subsection (d))
for the taxable year shall be reduced (but not below zero) by the
amount which bears the same ratio to the credit so allowable as -
(A) the excess (if any) of -
(i) the taxpayer's modified adjusted gross income for such
taxable year, over
(ii) $70,000 ($110,000 in the case of a joint return),
bears to
(B) $20,000.
(2) Modified adjusted gross income
For purposes of paragraph (1), the term "modified adjusted
gross income" means the adjusted gross income of the taxpayer for
the taxable year increased by any amount excluded from gross
income under section 911, 931, or 933.
(c) First-time homebuyer
For purposes of this section -
(1) In general
The term "first-time homebuyer" means any individual if such
individual (and if married, such individual's spouse) had no
present ownership interest in a principal residence in the
District of Columbia during the 1-year period ending on the date
of the purchase of the principal residence to which this section
applies.
(2) One-time only
If an individual is treated as a first-time homebuyer with
respect to any principal residence, such individual may not be
treated as a first-time homebuyer with respect to any other
principal residence.
(3) Principal residence
The term "principal residence" has the same meaning as when
used in section 121.
(d) Carryover of credit
If the credit allowable under subsection (a) exceeds the
limitation imposed by section 26(a) for such taxable year reduced
by the sum of the credits allowable under subpart A of part IV of
subchapter A (other than this section and sections 23, 24, and
25B), such excess shall be carried to the succeeding taxable year
and added to the credit allowable under subsection (a) for such
taxable year.
(e) Special rules
For purposes of this section -
(1) Allocation of dollar limitation
(A) Married individuals filing separately
In the case of a married individual filing a separate return,
subsection (a) shall be applied by substituting "$2,500" for
"$5,000".
(B) Other taxpayers
If 2 or more individuals who are not married purchase a
principal residence, the amount of the credit allowed under
subsection (a) shall be allocated among such individuals in
such manner as the Secretary may prescribe, except that the
total amount of the credits allowed to all such individuals
shall not exceed $5,000.
(2) Purchase
(A) In general
The term "purchase" means any acquisition, but only if -
(i) the property is not acquired from a person whose
relationship to the person acquiring it would result in the
disallowance of losses under section 267 or 707(b) (but, in
applying section 267(b) and (c) for purposes of this section,
paragraph (4) of section 267(c) shall be treated as providing
that the family of an individual shall include only his
spouse, ancestors, and lineal descendants), and
(ii) the basis of the property in the hands of the person
acquiring it is not determined -
(I) in whole or in part by reference to the adjusted
basis of such property in the hands of the person from whom
acquired, or
(II) under section 1014(a) (relating to property acquired
from a decedent).
(B) Construction
A residence which is constructed by the taxpayer shall be
treated as purchased by the taxpayer on the date the taxpayer
first occupies such residence.
(3) Purchase price
The term "purchase price" means the adjusted basis of the
principal residence on the date such residence is purchased.
(f) Reporting
If the Secretary requires information reporting under section
6045 by a person described in subsection (e)(2) thereof to verify
the eligibility of taxpayers for the credit allowable by this
section, the exception provided by section 6045(e)(5) shall not
apply.
(g) Credit treated as nonrefundable personal credit
For purposes of this title, the credit allowed by this section
shall be treated as a credit allowable under subpart A of part IV
of subchapter A of this chapter.
(h) Basis adjustment
For purposes of this subtitle, if a credit is allowed under this
section with respect to the purchase of any residence, the basis of
such residence shall be reduced by the amount of the credit so
allowed.
(i) Application of section
This section shall apply to property purchased after August 4,
1997, and before January 1, 2004.
-SOURCE-
(Added Pub. L. 105-34, title VII, Sec. 701(a), Aug. 5, 1997, 111
Stat. 867; amended Pub. L. 105-206, title VI, Sec. 6008(d)(1)-(5),
July 22, 1998, 112 Stat. 811, 812; Pub. L. 106-170, title V, Sec.
510, Dec. 17, 1999, 113 Stat. 1924; Pub. L. 106-554, Sec. 1(a)(7)
[title I, Sec. 163], Dec. 21, 2000, 114 Stat. 2763, 2763A-625; Pub.
L. 107-16, title II, Secs. 201(b)(2)(H), 202(f)(2)(C), title VI,
Sec. 618(b)(2)(E), June 7, 2001, 115 Stat. 46, 49, 108; Pub. L.
107-147, title IV, Sec. 417(23)(B), Mar. 9, 2002, 116 Stat. 57.)
-STATAMEND-
AMENDMENT OF SECTION
For termination of amendment by section 901 of Pub. L. 107-16,
see Effective and Termination Dates of 2001 Amendment note below.
-MISC1-
AMENDMENTS
2002 - Subsec. (d). Pub. L. 107-147 amended directory language of
Pub. L. 107-16, Sec. 618(b)(2)(E). See 2001 Amendment note below.
2001 - Subsec. (d). Pub. L. 107-16, Secs. 618(b)(2)(E), 901, as
amended by Pub. L. 107-147, temporarily substituted ", 24, and 25B"
for "and 24". See Effective and Termination Dates of 2001 Amendment
note below.
Pub. L. 107-16, Secs. 202(f)(2)(C), 901, temporarily substituted
"sections 23 and 24" for "section 24". See Effective and
Termination Dates of 2001 Amendment note below.
Pub. L. 107-16, Secs. 201(b)(2)(H), 901, temporarily inserted
"and section 24" after "this section". See Effective and
Termination Dates of 2001 Amendment note below.
2000 - Subsec. (i). Pub. L. 106-554 substituted "2004" for
"2002".
1999 - Subsec. (i). Pub. L. 106-170 substituted "2002" for
"2001".
1998 - Subsec. (b)(1). Pub. L. 105-206, Sec. 6008(d)(1), inserted
"and subsection (d)" after "this subsection" in introductory
provisions.
Subsec. (c)(1). Pub. L. 105-206, Sec. 6008(d)(2), reenacted
heading without change and amended text generally. Prior to
amendment, text read as follows: "The term 'first-time homebuyer'
has the same meaning as when used in section 72(t)(8)(D)(i), except
that 'principal residence in the District of Columbia during the
1-year period' shall be substituted for 'principal residence during
the 2-year period' in subclause (I) thereof."
Subsec. (e)(2)(B). Pub. L. 105-206, Sec. 6008(d)(3), inserted "on
the date the taxpayer first occupies such residence" before the
period at end.
Subsec. (e)(3). Pub. L. 105-206, Sec. 6008(d)(4), substituted "on
the date such residence is purchased." for "on the date of
acquisition (within the meaning of section 72(t)(8)(D)(iii))."
Subsec. (i). Pub. L. 105-206, Sec. 6008(d)(5), substituted
"Application of section" for "Termination" in heading and amended
text generally. Prior to amendment, text read as follows: "This
section shall not apply to any property purchased after December
31, 2000."
EFFECTIVE AND TERMINATION DATES OF 2001 AMENDMENT
Amendment by Pub. L. 107-16 inapplicable to taxable years
beginning during 2002 and 2003, see section 601(b)(2) of Pub. L.
107-147, set out as a note under section 23 of this title.
Amendment by section 201(b)(2)(H) of Pub. L. 107-16 applicable to
taxable years beginning after Dec. 31, 2001, see section 201(e)(2)
of Pub. L. 107-16, set out as a note under section 24 of this
title.
Amendment by section 202(f)(2)(C) of Pub. L. 107-16 applicable to
taxable years beginning after Dec. 31, 2001, see section 202(g)(1)
of Pub. L. 107-16, set out as a note under section 23 of this
title.
Amendment by section 618(b)(2)(E) of Pub. L. 107-16 applicable to
taxable years beginning after Dec. 31, 2001, see section 618(d) of
Pub. L. 107-16, set out as a note under section 24 of this title.
Amendment by Pub. L. 107-16 inapplicable to taxable, plan, or
limitation years beginning after Dec. 31, 2010, and the Internal
Revenue Code of 1986 to be applied and administered to such years
as if such amendment had never been enacted, see section 901 of
Pub. L. 107-16, set out as a note under section 1 of this title.
EFFECTIVE DATE OF 1998 AMENDMENT
Amendment by Pub. L. 105-206 effective, except as otherwise
provided, as if included in the provisions of the Taxpayer Relief
Act of 1997, Pub. L. 105-34, to which such amendment relates, see
section 6024 of Pub. L. 105-206, set out as a note under section 1
of this title.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 23, 25, 1016 of this
title.
-End-
|
' |
about irs efile - about us - terms of use - privacy - contact us - irs tax code - state tax links - Tax Glossary
© 2010 RETURN-TAX.COM All Rights Reserved.
