
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document affected by Public Law 106-554 Section 1(a)(7)[316(b)]]
[CITE: 26USC1361]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                        Subtitle A--Income Taxes
 
                  CHAPTER 1--NORMAL TAXES AND SURTAXES
 
                        [Subchapter R--Repealed]
 
[Sec. 1361. Repealed. Pub. L. 89-389, Sec. 4(b)(1), Apr. 14, 
        1966, 80 Stat. 116]
        
    Section, acts Aug. 16, 1954, ch. 736, 68A Stat. 350; Oct. 10, 1962, 
Pub. L. 87-792, Sec. 7(h), 76 Stat. 829; Feb. 26, 1964, Pub. L. 88-272, 
title II, Sec. 225(k)(5), 78 Stat. 94; Apr. 14, 1966, Pub. L. 89-389, 
Sec. 4(a), 80 Stat. 115, related to election of unincorporated business 
enterprises to be treated as domestic corporations, and provided for 
general rule, qualifications, applicability of corporate provisions, 
limitation, irrevocability of elections, change of ownership, 
constructive ownership, imposition of taxes, personal holding company 
income, computation of taxable income, distributions other than in 
liquidation and in liquidation, and revocation and termination of 
elections.


                        Effective Date of Repeal

    Section 4(b)(1) of Pub. L. 89-389 provided that repeal of this 
section is effective Jan. 1, 1969.
