Page:United States Statutes at Large Volume 83.djvu/761

 83 STAT. ]

PUBLIC LAW 91-172-DEC. 30, 1969

733

SEC. 957. TAX DISPUTES INVOLVING $1,000 OR LESS. 68A Stat. 8 8 4. (a) Part II of subchapter C of chapter 76 (relating to Tax Court 26 USC 7451procedure) is amended by renumbering section 7463 as 7464, and by 7463. inserting after section 7462 the following new section: "SEC. 7463. DISPUTES INVOLVING $1,000 OR LESS. " (a) IN GENERAL.—In the case of any petition filed with the T a x Court for a redetermination of a deficiency where neither the amount of the deficiency placed in dispute, nor the amount of any claimed overpayment, exceeds— "(1) $1,000 for any one taxable year, in the case of the taxes imposed by subtitle A and chapter 12, or "(2) $1,000, in the case of the tax imposed by chapter 11, at the option of the taxpayer concurred in by the Tax Court or a division thereof before the hearing of the case, proceedings in the case shall be conducted under this section. Notwithstanding the provisions of section 7453, such proceedings shall be conducted in accordance with such rules of evidence, practice, and procedure as the Tax Court may prescribe. A decision, together with a brief summary of the reasons therefor, in any such case shall satisfy the requirements of sections 7459(b) and 7460. " (b) FINALITY OF DECISIONS.—A decision entered in any case in which the proceedings are conducted under this section shall not be reviewed in any other court and shall not be treated as a precedent for any other case. "(c) LIMITATION OF JURISDICTION.—In any case in which the proceedings are conducted under this section, notwithstanding the provisions 01 sections 6214(a) and 6512(b), no decision shall be entered redetermining the amount of a deficiency, or determining an overpayment, except with respect to amounts placed in dispute within the limits described in subsection (a) and with respect to amounts conceded by the parties. " (d) DISCONTINUANCE OF PROCEEDINGS.—At any time before a decision entered in a case in which the proceedings are conducted under this section becomes final, the taxpayer or the Secretary or his delegate may request that further proceedings under this section in such case be discontinued. The Tax Court, or the division thereof hearing such case, may, if it finds that (1) there are reasonable grounds for believing that the amount of the deficiency placed in dispute, or the amount of an overpayment, exceeds the applicable jurisdictional amount described in subsection (a), and (2) the amount of such excess is large enough to justify granting such request, discontinue further proceedings in such case under this section. Upon any such discontinuance, proceedings in such case shall be conducted in the same manner as cases to which the provisions of sections 6214(a) and 6512(b) apply. "(e) AMOUNT OF DEFICIENCY I N DISPUTE.—For purposes of this section, the amount of any deficiency placed in dispute includes additions to the tax, additional amounts, and penalties imposed by chapter 68, to the extent that the procedures described in subchapter B of chapter 63 apply." (b) The table of sections for part II of subchapter C of chapter 76 is amended by striking out the last item and inserting in lieu thereof the following: "Sec. 7463. Disputes involving $1,000 or less. "Sec. 7464. Provisions of special application to transferees:"

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