27 CFR 70.225
§ 70.225 Suspension of running of period of limitation; assets of taxpayer in control or custody of court.
United States · 27 CFR — Alcohol, Tobacco Products and Firearms · Status: effective
Cite this
- Citation
- 27 CFR 70.225, § 70.225 Suspension of running of period of limitation; assets of taxpayer in control or custody of court, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/118673
- Permanent ID
ys:prov:118673@1- SHA-256
fe472e55a6ce902d4c3a5ed7f5f043a5f79faf1d7ba16240490646811b9a759a
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
Where all or substantially all of the assets of a taxpayer are in the control or custody of the court in any proceeding before any court of the United States, or any State of the United States, or the District of Columbia, the period of limitations on collection after assessment prescribed in 26 U.S.C. 6502 is suspended with respect to the outstanding amount due on the assessment for the period such assets are in the control or custody of the court, and for 6 months thereafter.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.