26 CFR 301.6501(n)-3
§ 301.6501(n)-3 Certain set-asides described in section 4942(g)(2).
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 301.6501(n)-3, § 301.6501(n)-3 Certain set-asides described in section 4942(g)(2), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/114472
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Full text
Where a deficiency of tax of a private foundation results from the failure of an amount set aside by such foundation for a specific project to be treated as a qualifying distribution under section 4942(g)(2)(B)(ii)(II), such deficiency may be assessed within two years after the expiration of the period within which a deficiency may be assessed for the taxable year to which the amount set aside relates.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.