Title 26 — Internal Revenue Code
Part III · Chapter 1 — Normal Taxes and Surtaxes
[§ 116. Repealed. Pub. L. 99–514, title VI, § 612(a), Oct. 22, 1986, 100 Stat. 2250]
Repealed
This section has no operative text. The heading above names the act that repealed it, and the notes below are what the Code still records here.
Notes
removalDescription
Section, acts Aug. 16, 1954, ch. 736, 68A Stat. 37; , Pub. L. 86–69, § 3(a)(2), 73 Stat. 139; , Pub. L. 86–779, § 10(f), 74 Stat. 1009; , Pub. L. 88–272, title II, § 201(c), (d)(6)(C), 78 Stat. 32; , Pub. L. 89–809, title I, § 103(g), 80 Stat. 1552; , Pub. L. 94–455, title X, §§ 1051(h)(2), 1053(d)(1), title XIX, § 1901(a)(20), 90 Stat. 1647, 1649, 1766; , Pub. L. 96–223, title IV, § 404(a), 94 Stat. 305; , Pub. L. 97–34, title III, § 302(b)(2), 95 Stat. 272; , Pub. L. 98–369, div. A, title V, § 542(b), 98 Stat. 891, authorized partial exclusion of dividends received by individuals.
Statutory Notes and Related Subsidiaries
Effective Date of Repeal
Repeal applicable to taxable years beginning after , see section 612(c) of Pub. L. 99–514, set out as an Effective Date of 1986 Amendment note under section 301 of this title.