§1817

2 cases·2 cited

Statute Text — 26 U.S.C. §1817

Statute text not available for this section.

2 Citing Cases

Metrocorp, Inc., Petitioner · 2001

3 We recognize that the sum of the exit and entrance fee ($309,565 + $43,339 = $352,904) is $4,186 less than the total of the five payments ($71,518 x 5 = $357,590). The record does not adequately explain the difference. - 8 - Pursuant to 12 U.S.C. sec. 1815(d)(2)(E)(i) and (iii) (1994), the FDIC deposited the exit fee into the S

Metrocorp, Inc. v. Commissioner 116 T.C. 211 · 2001

Pursuant to 12 U.S.C. sec. 1815(d)(2)(E)(i) and (iii) (1994), the FDIC deposited the exit fee into the SAIF, and it deposited the entrance fee into the BIF. Metrobank calculated the exit fee from a formula under which the fee equaled 0.9 percent (.009) multiplied by the total liability that it assumed from Community as to the depo