Sec. 401. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES
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## SEC. 401 TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES **[**[26 U.S.C. 6655 note](/us/usc/t26/s6655)**]** Notwithstanding section 6655 of the Internal Revenue Code of 1986— ####
(1)in the case of a corporation with assets of not less than $1,000,000,000 (determined as of the end of the preceding taxable year)— #####
(A)the amount of any required installment of corporate estimated tax which is otherwise due in July, August, or September of 2006 shall be 105 percent of such amount, #####
(B)the amount of any required installment of corporate estimated tax which is otherwise due in July, August, or September of 2012 shall be 100 percent of such amount, #####
(C)the amount of any required installment of corporate estimated tax which is otherwise due in July, August, or September of 2013 shall be 100.75 percent1 of such amount, and 1Section 4 of the Andean Trade Prefernce Extension Act of 2008 (P.L. 110–191) provides as follows: SEC. 4. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES. The percentage under subparagraph
(C)of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 in effect on the date of the enactment of this Act is increased by 0.25 percentage points. Section 3 of Public Law 110–287 provides as follows: SEC. 3. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES. The percentage under subparagraph
(C)of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 in effect on the date of the enactment of this Act is increased by 0.25 percentage points. Section 3094(b) of Public Law 110–289 provides as follows:
(b)Modification of Adjustment for 2013.—The percentage under subparagraph
(C)of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 in effect on the date of the enactment of this Act is increased by 16.75 percentage points. #####
(D)the amount of the next required installment after an installment referred to in subparagraph (A), (B), or
(C)shall be appropriately reduced to reflect the amount of the increase by reason of such subparagraph, ####
(2)20.5 percent of the amount of any required installment of corporate estimated tax which is otherwise due in September 2010 shall not be due until October 1, 2010, and ####
(3)27.5 percent of the amount of any required installment of corporate estimated tax which is otherwise due in September 2011 shall not be due until October 1, 2011.
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- Pub. L. 110-287
- Pub. L. 110-289
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Sec. 401
TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES
Pub. L.Pub. L. 110-287
Pub. L.Pub. L. 110-289
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