26 U.S. Code § 1385 - Amounts includible in patron’s gross income
1976—Subsec. (b). Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”.
Subsec. (c)(2)(C). Pub. L. 94–455, § 1901(b)(3)(I), substituted “ordinary income” for “gain from the sale or exchange of property which is not a capital asset”.
1966—Subsec. (a)(3). Pub. L. 89–809, § 211(b)(1), added par. (3).
Subsec. (c). Pub. L. 89–809, § 211(b)(2)–(4), inserted “and certain nonqualified per-unit retain certificates” in heading, inserted provisions to par. (1) for the application of the subsection to any nonqualified per-unit retain certificates which were paid as per-unit retain allocations, and inserted references to per-unit retain certificates in par. (2).
Amendment by Pub. L. 89–809 applicable to per-unit retain allocations made during taxable years of an organization described in section 1381(a) of this title (relating to organizations to which part I of subchapter T of chapter 1 applies) beginning after Apr. 30, 1966, with respect to products delivered during such years, see section 211(e)(1) of Pub. L. 89–809, set out as a note under section 1382 of this title.
Written determinations for this section
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- Amounts Includible in Patron's Gross Income : 2017-12-15
- Taxable Income of Cooperatives : 2017-12-15
- Agricultural and Horticultural Cooperatives : 2017-12-15
- Definitions Special Rules : 2017-12-15
- Per-Unit Retains Allocations : 2017-12-15
- Distributions of Property : 2016-01-22
- Amounts Includible in Patron's Gross Income : 2016-01-22
- Disproportionate Distributions : 2016-01-22
- Deemed Distributions : 2016-01-22
- Definitions : 2015-03-13
- Organizations to Which Part Applies : 2015-03-13
- Treatment of Certain Liabilities : 2015-03-13
- Nonrecognition of Gain or Loss on Contributions : 2015-03-13
- Patronage Dividends : 2015-03-13
- Taxability of Corporation on Distribution : 2015-03-13
- Amounts Includible in Patron's Gross Income : 2015-03-13
- Definitions Special Rules : 2015-03-13
- Change in Identity, etc. Type F : 2015-03-13
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