Treasury Regulations (26 C.F.R.)
26 CFR § 1.9000-2
Effect of repeal in general.
# (a)
Section 452 (relating to prepaid income) and section 462 (relating to reserves for estimated expenses) of the Internal Revenue Code of 1954 were repealed by the Act of June 15, 1955 (Pub. L. 74, 84th Cong., 69 Stat. 134), with respect to all years subject to such Code. The effect of the repeal will generally be to increase the tax liability of taxpayers who elected to adopt the methods of accounting provided by sections 452 and 462. References to sections of law in §§ 1.9000-2 to 1.9000-8, inclusive, are references to the Internal Revenue Code of 1954 unless otherwise specified.
# (b)
The Act of June 15, 1955, provides that if the amount of any tax is increased by the repeal of sections 452 and 462 and if the last date prescribed for the payment of such tax (or any installment thereof) is before December 15, 1955, then the taxpayer shall on or before such date file a statement as prescribed in § 1.9000-3. The last date prescribed for payment for this purpose shall be determined without regard to any extensions of time and without regard to the provisions of the Act of June 15, 1955.
Source: view the official text
In this part (40 sections)
- 1.7704-3 · Qualifying income.
- 1.7704-4 · Qualifying income—mineral and natural resources.
- 1.7872-1 - 1.7872-4 · §§ 1.7872-1-1.7872-4 [Reserved]
- 1.7872-5 · Exempted loans.
- 1.7872-5T · Exempted loans (temporary).
- 1.7872-15 · Split-dollar loans.
- 1.7872-16 · Loans to an exchange facilitator under § 1.468B-6.
- 1.7874-1 · Disregard of affiliate-owned stock.
- 1.7874-2 · Surrogate foreign corporation.
- 1.7874-3 · Substantial business activities.
- 1.7874-4 · Disregard of certain stock related to the domestic entity…
- 1.7874-5 · Effect of certain transfers of stock related to the…
- 1.7874-6 · Stock transferred by members of the EAG.
- 1.7874-7 · Disregard of certain stock attributable to passive assets.
- 1.7874-8 · Disregard of certain stock attributable to serial…
- 1.7874-9 · Disregard of certain stock in third-country transactions.
- 1.7874-10 · Disregard of certain distributions.
- 1.7874-11 · Rules regarding inversion gain.
- 1.7874-12 · Definitions.
- 1.9000-1 · Statutory provisions.
- 1.9000-2 · Effect of repeal in general.
- 1.9000-3 · Requirement of statement showing increase in tax liability.
- 1.9000-4 · Form and content of statement.
- 1.9000-5 · Effect of filing statement.
- 1.9000-6 · Provisions for the waiver of interest.
- 1.9000-7 · Provisions for estimated tax.
- 1.9000-8 · Extension of time for making certain payments.
- 1.9001 · Statutory provisions; Retirement-Straight Line Adjustment Act…
- 1.9001-1 · Change from retirement to straight-line method of computing…
- 1.9001-2 · Basis adjustments for taxable years beginning on or after…
- 1.9001-3 · Basis adjustments for taxable years between changeover date…
- 1.9001-4 · Adjustments required in computing excess-profits credit.
- 1.9002 · Statutory provisions; Dealer Reserve Income Adjustment Act of…
- 1.9002-1 · Purpose, applicability, and definitions.
- 1.9002-2 · Election to have the provisions of section 481 of the…
- 1.9002-3 · Election to have the provisions of section 481 of the…
- 1.9002-4 · Election to pay net increase in tax in installments.
- 1.9002-5 · Special rules relating to interest.
- 1.9002-6 · Acquiring corporation.
- 1.9002-7 · Statute of limitations.