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Code · U.S. Code · Title 26 - INTERNAL REVENUE CODE · CHAPTER 1— NORMAL TAXES AND SURTAXES · Subchapter G— Corporations Used to Avoid Income Tax on Shareholders · § 541

§ 541. Imposition of personal holding company tax

705 words·~3 min read·/usc/title-26/section-541

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

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.
(Aug. 16, 1954, ch. 736, 68A Stat. 182; Pub. L. 88–272, title II, § 225(a), Feb. 26, 1964, 78 Stat. 79; Pub. L. 97–34, title I, § 101(d)(2), Aug. 13, 1981, 95 Stat. 184; Pub. L. 99–514, title I, § 104(b)(8), Oct. 22, 1986, 100 Stat. 2105; Pub. L. 101–508, title XI, § 11802(f)(1), Nov. 5, 1990, 104 Stat. 1388–530; Pub. L. 103–66, title XIII, §§ 13201(b)(2), 13202(b), Aug. 10, 1993, 107 Stat. 459, 461; Pub. L. 107–16, title I, § 101(c)(5), June 7, 2001, 115 Stat. 43; Pub. L. 108–27, title III, § 302(e)(6), May 28, 2003, 117 Stat. 764; Pub. L. 112–240, title I, § 102(c)(1)(B), Jan. 2, 2013, 126 Stat. 2319.)
Connections2 cite this · traces to 3
34 references not yet in our index
  • Aug. 16, 1954, ch. 736
  • 68A Stat. 182
  • Pub. L. 88–272, title II, § 225(a)
  • 78 Stat. 79
  • Pub. L. 97–34, title I, § 101(d)(2)
  • 95 Stat. 184
  • Pub. L. 99–514, title I, § 104(b)(8)
  • 100 Stat. 2105
  • Pub. L. 101–508, title XI, § 11802(f)(1)
  • 104 Stat. 1388–530
  • Pub. L. 103–66, title XIII
  • 107 Stat. 459
  • Pub. L. 107–16, title I, § 101(c)(5)
  • 115 Stat. 43
  • Pub. L. 108–27, title III, § 302(e)(6)
  • 117 Stat. 764
  • Pub. L. 112–240, title I, § 102(c)(1)(B)
  • 126 Stat. 2319
  • Pub. L. 112–240
  • Pub. L. 108–27
  • Pub. L. 107–16
  • Pub. L. 103–66, § 13202(b)
  • Pub. L. 103–66, § 13201(b)(2)
  • Pub. L. 101–508
  • Pub. L. 99–514
  • Pub. L. 97–34
  • Pub. L. 88–272
  • section 102(d)(1) of Pub. L. 112–240
  • section 302(f) of Pub. L. 108–27
  • section 101(d) of Pub. L. 107–16
  • Pub. L. 103–66
  • section 151(a) of Pub. L. 99–514
  • section 101(f)(1) of Pub. L. 97–34
  • section 11821(b) of Pub. L. 101–508
Citation graph
cites case law
§ 541
Imposition of personal holding company tax
Stat.×2
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 182
Pub. L.Pub. L. 88–272, title II, § 225(a)
Stat.78 Stat. 79
Pub. L.Pub. L. 97–34, title I, § 101(d)(2)
Cites 37 · showing 8Cited by 2 across 1 source
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