§1309
6 cases·2 followed·4 cited—33% support
Statute Text — 26 U.S.C. §1309
Statute text not available for this section.
6 Citing Cases
the corporation must be computed in a manner consistent with the law in effect during the taxable years in issue, as explained supra. 4 For taxable years beginning after Dec. 31, 1996, the Small Business Job Protection Act of 1996, Pub. L. 104-188, sec. 1309(a)(1), 110 Stat. 1755, 1783, amended the parenthetical language in sec. 1366(d)(1)(A) to read "(determined with regard to paragraphs (1) and (2)(A) of section 1367(a) for the taxable year)". The effect of this amendment was to change the or
See also Estate ofBommer v.
Section 1368(e)(1)(C), as amended, provides that the AAA is adjusted for distributions made during the year without regard to any net negative adjustment for the year.