Page:United States Statutes at Large Volume 96 Part 2.djvu/1044

 96 STAT. 2406

Ante, p. 628. 26 USC 7701.

Ante, p. 631. 26 USC 6038A. Ante, p. 640. 26 USC 501.

Ante, p. 648. 26 USC 6226.

26 USC 6228.

Ante, p. 669. 26 USC 6679.

PUBLIC LAW 97-448—JAN. 12, 1983 (determined without regard to the amendments made by this section)— "(A) under section 103 of the Internal Revenue Code of 1954, or "(B) under any other provision of law (without regard to the identity of the holder), the amendments made by this section shall apply only to obligations issued after June 30, 1983. The preceding sentence shall not apply in the case of any obligation which under the Internal Revenue Code of 1954 (as in effect on the day before the date of the enactment of the Tax Equity and Fiscal Responsibility Act of 1982) was required to be in registered form." (3) AMENDMENT RELATED TO SECTION 336.—Section 7701(a) (relating to definitions) is amended by redesignating paragraph (38) (as added by section 336(a) of the Tax Equity and Fiscal Responsibility Act of 1982) as paragraph (39). (4) AMENDMENT RELATED TO SECTION 339.—Subparagraph (B) of section 6038A(c)(2) (defining controlled group) is amended by inserting ", (b)(2)(C)," after "(a)(4)". (5) AMENDMENT RELATED TO SECTION 354.—Paragraph (23) of section 501(c) (relating to exempt organizations) is amended by striking out "25 percent" and inserting in lieu thereof "75 percent". (c) AMENDMENTS RELATED TO TITLE IV.— (1) AMENDMENTS RELATED TO SECTION 402.—

(A) The second sentence of section 6226(g) (relating to determination of court reviewable) is amended by striking out "Only" and inserting in lieu thereof "With respect to the partnership, only". (B) The second sentence of section 6228(a)(6) (relating to determination of court reviewable) is amended by striking out "Only" and inserting in lieu thereof "With respect to the partnership, only". (2) AMENDMENTS RELATED TO SECTION 405.— (A) Subsection (b) of section 405 of the Tax Equity and Fiscal Responsibility Act of 1982 is amended to read as follows: "(b) PENALTY.—Subsection (a) of section 6679 (relating to failure to file returns as to organization or reorganization of foreign corporations and acquisition of their stock), as amended by section 340(b)(1), is amended by striking out 'section 6035 or 6046' and inserting in lieu thereof 'section 6035, 6046, or 6046A'." (B) Paragraphs (2) and (3) of section 405(c) of such Act are amended to read as follows: "(2) The section heading of section 6679, as amended by section 3400)X2), is amended to read as follows: " 'SEC. 6679. FAILURE TO FILE RETURNS, ETC.. WITH RESPECT TO FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS.'

"(3) The table of sections for subchapter B of chapter 68 is amended by striking out the item relating to section 6679 and inserting in lieu thereof the following: " 'Sec. 6679. Failure to file returns, etc., with respect to foreign corporations or foreign partnerships.'"

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