Repeal applicable with respect to taxable years beginning after Dec. 31, 1974, see section 401(h)(1) ofPub. L. 91–172, set out as an Effective Date of 1969 Amendment note under section
1561 of this title.
Retroactive Termination of Elections
Section 401(g) ofPub. L. 91–172authorized an affiliated group of corporations making a consolidated return for the taxable year which included Dec. 31, 1970, to terminate the election under section
1562 of this title with respect to any prior Dec. 31 which was included in a taxable year of any such corporations from which there was a net operating loss carryover to the 1970 consolidated return year and provided that the termination of such election was to be valid only if in accord with subsecs. (c)(1) and (e) ofsection
1562 of this title other than the requirement of making the termination prior to the expiration of the 3 year period specified in subsec. (e) ofsection
1562 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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