§6407 — Date of allowance of refund or credit
4 cases·4 cited
Statute Text — 26 U.S.C. §6407
The date on which the Secretary first authorizes the scheduling of an overassessment in respect of any internal revenue tax shall be considered as the date of allowance of refund or credit in respect of such tax.
Treasury Regulations
- Treas. Reg. §Treas. Reg. §301.6407-1 Date of allowance of refund or credit
4 Citing Cases
1981); see also Yagoda v.
1981); see also Yagoda v.
Section 6407 provides that a refund or credit is deemed allowed on the date "the Secretary first authorizes the scheduling ofan overassessment,'' and·26 C.F.R.