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§9100

10 cases·4 followed·6 cited—40% support

Statute Text — 26 U.S.C. §9100

Statute text not available for this section.

Treasury Regulations

  • Treas. Reg. §Treas. Reg. §301.9100-0 Outline of regulations
  • Treas. Reg. §Treas. Reg. §301.9100-0(a) In general.
  • Treas. Reg. §Treas. Reg. §301.9100-0(b) Reasonable action and good faith.
  • Treas. Reg. §Treas. Reg. §301.9100-0(c) Prejudice to the interests of the Government.
  • Treas. Reg. §Treas. Reg. §301.9100-0(d) Effect of amended returns.
  • Treas. Reg. §Treas. Reg. §301.9100-0(e) Procedural requirements.
  • Treas. Reg. §Treas. Reg. §301.9100-0(f) Examples.
  • Treas. Reg. §Treas. Reg. §301.9100-0(i) Lower tax liability.
  • Treas. Reg. §Treas. Reg. §301.9100-1 Extensions of time to make elections
  • Treas. Reg. §Treas. Reg. §301.9100-1(a) Introduction.
  • Treas. Reg. §Treas. Reg. §301.9100-1(b) Terms.
  • Treas. Reg. §Treas. Reg. §301.9100-1(c) General standards for relief.
  • Treas. Reg. §Treas. Reg. §301.9100-1(d) Exceptions.
  • Treas. Reg. §Treas. Reg. §301.9100-1(e) Effective dates.
  • Treas. Reg. §Treas. Reg. §301.9100-10T Election by certain family-owned bank holding companies to divest all banking or nonbanking property
  • Treas. Reg. §Treas. Reg. §301.9100-10T(a) In general.
  • Treas. Reg. §Treas. Reg. §301.9100-10T(b) Manner of making election.
  • Treas. Reg. §Treas. Reg. §301.9100-10T(c) Scope of election.
  • Treas. Reg. §Treas. Reg. §301.9100-10T(d) Election; binding effect.
  • Treas. Reg. §Treas. Reg. §301.9100-10T(e) Final certification.
  • Treas. Reg. §Treas. Reg. §301.9100-10T(f) Conditional certification.
  • Treas. Reg. §Treas. Reg. §301.9100-11T Election by a qualified bank holding corporation to pay in installments the tax attributable to sales under the Bank Holding Company Act
  • Treas. Reg. §Treas. Reg. §301.9100-11T(a) In general.
  • Treas. Reg. §Treas. Reg. §301.9100-11T(b) Conditions.
  • Treas. Reg. §Treas. Reg. §301.9100-11T(c) Time and manner of making election.

10 Citing Cases

FOLLOWED Jack M. & Aimee J. Mezrah, Petitioner T.C. Memo. 2008-123 · 2008

Consequently, we hold that respondent would be prejudiced under section 301.9100-3(c)(1)(i), Proced.

FOLLOWED L.S. Vines, Petitioner 126 T.C. No. 15 · 2006

Because we hold, for reasons stated below, that petitioner is entitled to sec.

Steven A. & Patricia A. Knish, Petitioner T.C. Memo. 2006-268 · 2006

Petitioners filed their Form 3115 in October 2001, and SPK filed its Form 3115 in September 2001 . Neither petitioners nor SPK submitted any other document to respondent seeking to elect the mark-to-market method of accounting . Tax Returns for 2000 and 2001 Petitioners and SPK each timely filed their tax returns for 2000 and 2001 .

Vines v. Commissioner 126 T.C. 279 · 2006

Regs, (section 9100 relief). Mr. Sellers recommended that petitioner hire other tax counsel to make the section 475(f) election and to request section 9100 relief. Petitioner hired the Washington, D.C., law firm of Caplin & Drysdale to prepare and file the section 475(f) election and request for section 9100 relief. On July 21, 2000, Caplin & Drysdale, on

William F. Poppe, Petitioner · 2015

Inc. v. Commissioner, 87 T.C. 116, 122 (1986), aKd, 843 F.2d 224 (6th Cir. 1988). "The Commissioner may grant administrative reliefto a securities trader with regard to an improper mark-to-market election ifthe trader, among other things, requests sec. 9100 reliefand demonstrates that he acted reasonably and in good faith in failing to make a timely election under sec. 475(f). See Vines v. Commissioner, 126 T.C. 279, 290-291 (2006); sec. 301.9100-3, Proced. & Admin. Regs. A taxpayermust request

Ralph E. Holmes, Petitioner T.C. Memo. 2012-251 · 2012

Martin submitted to respondent a "Revenue Ruling Submission Applicationtfor Reliefunder Regulations.§ 301.9100-1" (section 9100 reliefrequest) dated April 24, 2008.

Henricus C. & Pamela Van Der Lee, Petitioner T.C. Memo. 2011-234 · 2011

nd remanding T.C. Memo. 1988-264. 9Under sec. 301.9100-3, Proced. & Admin. Regs., the Commissioner may grant administrative relief to a securities trader with regard to an improper mark-to-market election if the trader, among other things, requests sec. 9100 relief and demonstrates that he acted reasonably and in good faith in failing to make a timely election under sec. 475(f). A trader has not acted reasonably and in good faith if the trader uses hindsight in requesting relief by attempting to

L. S. Vines, Petitioner T.C. Memo. 2009-267 · 2009

Regs ., he should qualify for an extension of time to make the section 475'(f) election (section 9100 relief) .

Sanjay & Rashmi Kohli, Petitioner T.C. Memo. 2009-287 · 2009

14 -8- Availability of Section 9100 Relief Mr .

Mark N. & Marla R. Kantor, Petitioner T.C. Memo. 2008-297 · 2008

(section 9100 relief), from the timely election requirements of section 475(f) . OPINION Section 475(f) provides generally that a taxpayer engaged i n business as a securities trader may elect to use the mark-to- market method of accounting for securities held in a business . Under the mark-to-market method of accounting a trader generally recognize