Title 26, Internal Revenue CodeRelease 119-102
§536 Income Not Placed on Annual Basis
Title 26 › Subtitle A — Income Taxes › CHAPTER 1 — NORMAL TAXES AND SURTAXES › Subchapter G — Corporations Used to Avoid Income Tax on Shareholders › PART I — CORPORATIONS IMPROPERLY ACCUMULATING SURPLUS › § 536
Summary
The rule for figuring tax when a business changes its yearly accounting period does not apply when calculating the tax on accumulated earnings.
Full Legal Text
Title 26, §536
Internal Revenue Code, Source: USLM XML via OLRC
section 443(b) (relating to computation of tax on change of annual accounting period) shall not apply in the computation of the accumulated earnings tax imposed by section 531.
Reference
Citations & Metadata
Citation
26 U.S.C. § 536
Title 26, Internal Revenue Code
Last Updated
Aug 21, 2026
Release point: 119-102