§669 — Repealed. Pub. L. 94–455, title VII, § 701(d)(1), Oct. 4, 1976, 90 Stat. 1578]
6 cases·2 followed·1 distinguished·1 overruled·2 cited—33% support
Statute Text — 26 U.S.C. §669
[§ 669. Repealed. Pub. L. 94–455, title VII, § 701(d)(1), Oct. 4, 1976, 90 Stat. 1578] Section, acts Oct. 16, 1962, Pub. L. 87–834, § 7(e), 76 Stat. 986; Dec. 30, 1969, Pub. L. 91–172, title III, § 331(a), 83 Stat. 596, related to the treatment of capital gain deemed distributed in preceding years. Statutory Notes and Related Subsidiaries Effective Date of RepealRepeal applicable to distributions made in taxable years beginning after Dec. 31, 1975, see section 701(h) of Pub. L. 94–455, set out as an Effective Date of 1976 Amendment note under section 667 of this title.
Treasury Regulations
- Treas. Reg. §Treas. Reg. §1.669(a)-1 Limitation on tax
- Treas. Reg. §Treas. Reg. §1.669(a)-1(a) In general.
- Treas. Reg. §Treas. Reg. §1.669(a)-1(b) Where no election is made.
- Treas. Reg. §Treas. Reg. §1.669(a)-1(c) Year for which tax is payable.
- Treas. Reg. §Treas. Reg. §1.669(a)-2 Rules applicable to section 669 computations
- Treas. Reg. §Treas. Reg. §1.669(a)-2(a) In general.
- Treas. Reg. §Treas. Reg. §1.669(a)-2(b) Allocation among beneficiaries of a foreign trust.
- Treas. Reg. §Treas. Reg. §1.669(a)-2(c) Treatment of income taxes paid by the trust—(1) Current distributions.
- Treas. Reg. §Treas. Reg. §1.669(a)-2(d) Credit for foreign income taxes paid by the trust.
- Treas. Reg. §Treas. Reg. §1.669(a)-3 Tax computed by the exact throwback method
- Treas. Reg. §Treas. Reg. §1.669(a)-3(a) Tax attributable to amounts treated as received in preceding taxable years.
- Treas. Reg. §Treas. Reg. §1.669(a)-3(b) Computation of tax.
- Treas. Reg. §Treas. Reg. §1.669(a)-3(c) Effect of prior election.
- Treas. Reg. §Treas. Reg. §1.669(a)-3(i) §1.669(a)-3(i)
- Treas. Reg. §Treas. Reg. §1.669(a)-4 Tax attributable to short-cut throwback method
- Treas. Reg. §Treas. Reg. §1.669(a)-4(a) Manner of computing tax.
- Treas. Reg. §Treas. Reg. §1.669(a)-4(b) Credit for tax paid by trust.
- Treas. Reg. §Treas. Reg. §1.669(a)-4(i) §1.669(a)-4(i)
- Treas. Reg. §Treas. Reg. §1.669(b)-1 Information requirements
- Treas. Reg. §Treas. Reg. §1.669(b)-1(a) The gross income of the trust: The gross income should be separated to show the amount of each type of income received by the trust and to identify its source.
- Treas. Reg. §Treas. Reg. §1.669(b)-1(b) The amount of tax withheld under section 1441 by the United States on income from sources within the United States.
- Treas. Reg. §Treas. Reg. §1.669(b)-1(c) The amount of the tax paid to each foreign country by the trust.
- Treas. Reg. §Treas. Reg. §1.669(b)-1(d) The expenses of the trust attributable to each type of income disclosed in paragraph (b) of this section, and the general expenses of the trust.
- Treas. Reg. §Treas. Reg. §1.669(b)-1(e) The distributions, if any, made by the trust to the beneficiaries (including those who are not U.
- Treas. Reg. §Treas. Reg. §1.669(b)-1(f) Any other information which is necessary for the computation of tax on the accumulation distribution as provided in section 669(a).
6 Citing Cases
669; and 3 counts oftax evasion under section 7201. Count 20 ofthe indictment (for tax evasion under section 7201) states, in pertinent part: During the period from on or about January 1, 2000, to on or about November 5, 2001 * * * [petitioner], a resident ofDurham, North Carolina * * * did willfully attempt to evade and defeat a large part of