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26 U.S.C. § 2016

Recovery of taxes claimed as credit

United States · Title 26 — INTERNAL REVENUE CODE · Status: effective

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26 U.S.C. § 2016, Recovery of taxes claimed as credit, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/463159
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If any tax claimed as a credit under section 2014 is recovered from any foreign country, the executor, or any other person or persons recovering such amount, shall give notice of such recovery to the Secretary at such time and in such manner as may be required by regulations prescribed by him, and the Secretary shall (despite the provisions of section 6501) redetermine the amount of the tax under this chapter and the amount, if any, of the tax due on such redetermination, shall be paid by the executor or such person or persons, as the case may be, on notice and demand. No interest shall be assessed or collected on any amount of tax due on any redetermination by the Secretary resulting from a refund to the executor of tax claimed as a credit under section 2014, for any period before the receipt of such refund, except to the extent interest was paid by the foreign country on such refund.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.

  • Amended byPub. L. 94-455(H.R. 10612)1976-10-04
    Tax Reform Act of 1976
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 107-16(H.R. 1836)2001-06-07
    Economic Growth and Tax Relief Reconciliation Act of 2001
  • Amended byPub. L. 107-147(H.R. 3090)2002-03-09
    Job Creation and Worker Assistance Act of 2002
    House: 216–214Senate: no recorded tally