§6313 — Fractional parts of a cent
1 citing cases
Statute Text — 26 U.S.C. §6313
In the payment of any tax imposed by this title, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to 1 cent.
Treasury Regulations
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Treas. Reg. §301.6313-1Fractional parts of a cent
In the payment of any tax not payable by stamp, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall not be disregarded in the computation of taxes.
1 Citing Cases
Elaine Pagonis v. United States