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Code · U.S. Code · Title 26 - INTERNAL REVENUE CODE · CHAPTER 11— ESTATE TAX · Subchapter A— Estates of Citizens or Residents · § 2016

§ 2016. Recovery of taxes claimed as credit

404 words·~2 min read·/usc/title-26/section-2016

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If any tax claimed as a credit under section 2014 is recovered from any foreign country, the executor, or any other person or persons recovering such amount, shall give notice of such recovery to the Secretary at such time and in such manner as may be required by regulations prescribed by him, and the Secretary shall (despite the provisions of section 6501) redetermine the amount of the tax under this chapter and the amount, if any, of the tax due on such redetermination, shall be paid by the executor or such person or persons, as the case may be, on notice and demand.
No interest shall be assessed or collected on any amount of tax due on any redetermination by the Secretary resulting from a refund to the executor of tax claimed as a credit under section 2014, for any period before the receipt of such refund, except to the extent interest was paid by the foreign country on such refund.
(Aug. 16, 1954, ch. 736, 68A Stat. 380; Pub. L. 94–455, title XIX, §§ 1902(a)(12)(C), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1806, 1834; Pub. L. 107–16, title V, § 532(c)(4), June 7, 2001, 115 Stat. 74; Pub. L. 107–147, title IV, § 411(h), Mar. 9, 2002, 116 Stat. 46.)
Connections1 cite this · traces to 2
15 references not yet in our index
  • Aug. 16, 1954, ch. 736
  • 68A Stat. 380
  • Pub. L. 94–455, title XIX
  • 90 Stat. 1806
  • Pub. L. 107–16, title V, § 532(c)(4)
  • 115 Stat. 74
  • Pub. L. 107–147, title IV, § 411(h)
  • 116 Stat. 46
  • Pub. L. 107–147
  • Pub. L. 107–16
  • Pub. L. 94–455
  • section 411(x) of Pub. L. 107–147
  • section 532(d) of Pub. L. 107–16
  • section 1902(a)(12)(C) of Pub. L. 94–455
  • section 1902(c)(1) of Pub. L. 94–455
Citation graph
cites case law
§ 2016
Recovery of taxes claimed as credit
Stat.×1
U.S.C.§ 25B
U.S.C.§ 2012
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 380
Pub. L.Pub. L. 94–455, title XIX
Stat.90 Stat. 1806
Pub. L.Pub. L. 107–16, title V, § 532(c)(4)
Cites 17 · showing 7Cited by 1 across 1 source
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