26 CFR 1.1342-1 - Computation of tax where taxpayer recovers substantial amount held by another under claim of right; effective date.

Regulations last checked for updates: May 19, 2024

Title 26 - Internal Revenue last revised: May 10, 2024

§ 1.1342-1 - Computation of tax where taxpayer recovers substantial amount held by another under claim of right; effective date.

Section 1342 shall apply with respect to taxable years beginning after December 31, 1954.

[T.D. 6500, 25 FR 12052, Nov. 26, 1960]

authority: 26 U.S.C. 7805,unless

source: T.D. 6500, 25 FR 11910, Nov. 26, 1960; 25 FR 14021, Dec. 31, 1960, unless otherwise noted.

cite as: 26 CFR 1.1342-1