26 U.S.C. § 531

§ 531. Imposition of accumulated earnings tax

54 words · amended 5 times · cited by 14 other sections

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History

Part of the code since 1954. Last changed January 2, 2013 by the American Taxpayer Relief Act of 2012.

Every change, newest first (6)

January 2, 2013American Taxpayer Relief Act of 2012
May 28, 2003Jobs and Growth Tax Relief Reconciliation Act of 2003
June 7, 2001Economic Growth and Tax Relief Reconciliation Act of 2001
August 10, 1993Omnibus Budget Reconciliation Act of 1993
November 10, 1988Technical and Miscellaneous Revenue Act of 1988
August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

Current through Public Law 119-102. Amendment notes omitted.

In addition to other taxes imposed by this chapter, there is hereby imposed for each taxable year on the accumulated taxable income (as defined in section 535) of each corporation described in section 532, an accumulated earnings tax equal to 20 percent of the accumulated taxable income.