26Title 26The US tax code, read & explained

26 U.S.C. § 546

§ 546. Income not placed on annual basis

37 words · cited by 1 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Part of the code since 1954. Unchanged since the 1954 code.

Every change, newest first (1)
  1. August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

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

Section 443(b) (relating to computation of tax on change of annual accounting period) shall not apply in the computation of the personal holding company tax imposed by section 541.