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Requirement of Return and Time for Filing

tax-irs · IRS · Rule · Published 1997-01-02 · Effective 1997-01-02 · 62 FR 25

Document

Document number
96-32376
Federal Register citation
62 FR 25
CFR reference
26 CFR 53
Type
Rule
Action
Final and temporary regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
1997-01-02
Effective date
1997-01-02
Treasury docket
TD 8705

Abstract

This document contains final and temporary regulations providing that disqualified persons and organization managers liable for Internal Revenue Code section 4958 excise taxes are required to file Form 4720. The regulations also specify the filing date for returns for the period to which the new excise taxes applied retroactively. These excise taxes are imposed on excess benefit transactions between disqualified persons, as statutorily defined, and sections 501(c)(3) and (4) organizations, except for private foundations.

Source

Authoritative
Federal Register document
Machine
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