26 C.F.R. § 301.6313-1

Fractional parts of a cent.

Last amended: 2016Year: 2026Length: 51 wordsOfficial source

Cite as 26 C.F.R. § 301.6313-1 (2026)

In the payment of any tax not payable by stamp, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall not be disregarded in the computation of taxes.
26 C.F.R. § 301.6313-1: Fractional parts of a cent. | Justis AI