Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 541
Imposition of personal holding company tax
Official textgovinfo.govlast amended
In addition to other taxes imposed by this chapter, there is hereby imposed for each taxable year on the undistributed personal holding company income (as defined in section 545) of every personal holding company (as defined in section 542) a personal holding company tax equal to 20 percent of the undistributed personal holding company income.
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Nearby sections (25 sections)
- 527 · Political organizations
- 528 · Certain homeowners associations
- 529 · Qualified tuition programs
- 529A · Qualified ABLE programs
- 530 · Coverdell education savings accounts
- 531 · Imposition of accumulated earnings tax
- 532 · Corporations subject to accumulated earnings tax
- 533 · Evidence of purpose to avoid income tax
- 534 · Burden of proof
- 535 · Accumulated taxable income
- 536 · Income not placed on annual basis
- 537 · Reasonable needs of the business
- 541 · Imposition of personal holding company tax
- 542 · Definition of personal holding company
- 543 · Personal holding company income
- 544 · Rules for determining stock ownership
- 545 · Undistributed personal holding company income
- 546 · Income not placed on annual basis
- 547 · Deduction for deficiency dividends
- 551 · [§§551 to 558. Repealed. Pub. L. 108–357, title IV, §413(a)(1),…
- 561 · Definition of deduction for dividends paid
- 562 · Rules applicable in determining dividends eligible for dividends…
- 563 · Rules relating to dividends paid after close of taxable year
- 564 · Dividend carryover
- 565 · Consent dividends