26 CFR 1.312-5
§ 1.312-5 Special rule for partial liquidations and certain redemptions.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.312-5, § 1.312-5 Special rule for partial liquidations and certain redemptions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/109595
- Permanent ID
ys:prov:109595@1- SHA-256
2eb9da9ee26dfd7a39709fb7e03aa3e3cd729c8f588cb438624c41f879b92ff5
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Full text
The part of the distribution properly chargeable to capital account within the provisions of section 312(e) shall not be considered a distribution of earnings and profits within the meaning of section 301 for the purpose of determining taxability of subsequent distributions by the corporation.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.