26 CFR 1.534-1
§ 1.534-1 Burden of proof as to unreasonable accumulations generally.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.534-1, § 1.534-1 Burden of proof as to unreasonable accumulations generally, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110412
- Permanent ID
ys:prov:110412@1- SHA-256
737713cc3c34fb478678cee6cb6774db01cb66cd844c62f7923385881afe1110
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
For purposes of applying the presumption provided for in section 533(a) and in determining the extent of the accumulated earnings credit under section 535(c)(1), the burden of proof with respect to an allegation by the Commissioner that all or any part of the earnings and profits of the corporation have been permitted to accumulate beyond the reasonable needs of the business may vary under section 534 as between litigation in the Tax Court and that in any other court. In case of a proceeding in a court other than the Tax Court, see paragraph (b) of § 1.533-1.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.