§ 7486. Refund, credit, or abatement of amounts disallowed

Statutory text

In cases where assessment or collection has not been stayed by the filing of a bond, then if the amount of the deficiency determined by the Tax Court is disallowed in whole or in part by the court of review, the amount so disallowed shall be credited or refunded to the taxpayer, without the making of claim therefor, or, if collection has not been made, shall be abated.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1954
(Aug. 16, 1954, ch. 736, 68A Stat. 891.) · 68A Stat. 891
Enacted · 26 U.S.C. § 7486
(Aug. 16, 1954, ch. 736, 68A Stat. 891.)
Source evidence
Code source credit
(Aug. 16, 1954, ch. 736, 68A Stat. 891.)

0 of 1 references resolved to an enrolled provision · 1 partial

Credits

(Aug. 16, 1954, ch. 736, 68A Stat. 891.)