Pub. L. 113-295, div. A, tit. I, subtit. B, sec. 138

EXTENSION OF REDUCTION IN S-CORPORATION RECOGNITION PERIOD FOR BUILT-IN GAINS TAX.

EnactedYear: 2014Length: 64 wordsOfficial source
SEC. 138. EXTENSION OF REDUCTION IN S-CORPORATION RECOGNITION PERIOD FOR BUILT-IN GAINS TAX.(a) In General.—Subparagraph (C) of section 1374(d)(7) is amended—(1) by striking “2012 or 2013” and inserting “2012, 2013, or 2014”, and(2) by striking “2012 and 2013” in the heading and inserting “2012, 2013, and 2014”.(b) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2013.
Pub. L. 113-295, div. A, tit. I, subtit. B, sec. 138: EXTENSION OF REDUCTION IN S-CORPORATION RECOGNITION PERIOD FOR BUILT-IN GAINS TAX. | Justis AI