1. Regulations
  2. title 26
  3. chapter I-i12
  4. part 1
  5. subjgrp 16
  6. § 1.1342-1

View all text of Subjgrp 16 [§ 1.1341-1 - § 1.1342-1]

§ 1.1342-1 - Computation of tax where taxpayer recovers substantial amount held by another under claim of right; effective date.

Section 1342 shall apply with respect to taxable years beginning after December 31, 1954.

[T.D. 6500, 25 FR 12052, Nov. 26, 1960]

AUTHORITY: 26 U.S.C. 7805, unless otherwise noted.

SOURCE: T.D. 6500, 25 FR 11910, Nov. 26, 1960; 25 FR 14021, Dec. 31, 1960, unless otherwise noted.

CITE AS: 26 CFR 1.1342-1