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26 U.S.C. · Internal Revenue Code
26 U.S.C. § 7504

Fractional parts of a dollar

Ch. 77 — MISCELLANEOUS PROVISIONS
Title 26 U.S.C. ● ACTIVE Primary Source Ch. 77
Statutory Text

26 U.S.C. § 7504 — Fractional parts of a dollar

U.S.C. Title 26 - INTERNAL REVENUE CODE 26 U.S.C. United States Code, 2023 Edition Title 26 - INTERNAL REVENUE CODE Subtitle F - Procedure and Administration CHAPTER 77 - MISCELLANEOUS PROVISIONS Sec. 7504 - Fractional parts of a dollar From the U.S. Government Publishing Office, www.gpo.gov

§7504. Fractional parts of a dollar

The Secretary may by regulations provide that in the allowance of any amount as a credit or refund, or in the collection of any amount as a deficiency or underpayment, of any tax imposed by this title, a fractional part of a dollar shall be disregarded, unless it amounts to 50 cents or more, in which case it shall be increased to 1 dollar.

(Aug. 16, 1954, ch. 736, 68A Stat. 896; Pub. L. 94–455, title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

Editorial Notes

Amendments 1976—Pub. L. 94–455 struck out "or his delegate" after "Secretary".

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
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BS-USC26-SEC-6ABD1E
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
26 U.S.C. § 7504
Jurisdiction
Federal — United States
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PRIMARY-SOURCE
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b36d0bb4755d22cf...
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The statutory text of 26 U.S.C. § 7504 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 26 U.S.C. § 7503 26 U.S.C. § 7505 →
Ch. 77 — MISCELLANEOUS PROVISIONS
26 U.S.C. § 750126 U.S.C. § 750226 U.S.C. § 750326 U.S.C. § 750426 U.S.C. § 750526 U.S.C. § 750626 U.S.C. § 750726 U.S.C. § 750826 U.S.C. § 7508A26 U.S.C. § 750926 U.S.C. § 751026 U.S.C. § 751126 U.S.C. § 751226 U.S.C. § 751326 U.S.C. § 751426 U.S.C. § 751526 U.S.C. § 751626 U.S.C. § 751726 U.S.C. § 751826 U.S.C. § 751926 U.S.C. § 752026 U.S.C. § 752126 U.S.C. § 752226 U.S.C. § 752326 U.S.C. § 752426 U.S.C. § 752526 U.S.C. § 752626 U.S.C. § 7526A26 U.S.C. § 752726 U.S.C. § 7527A
26 U.S.C. — public domain ← All Legislation
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