Notes on 26 U.S.C. § 4961 : US Code - Notes

Search Notes on 26 U.S.C. § 4961 : US Code - Notes

(Added Pub. L. 96-596, Sec. 2(c)(1), Dec. 24, 1980, 94 Stat. 3472;
amended Pub. L. 99-514, title XVIII, Sec. 1899A(50), Oct. 22, 1986,
100 Stat. 2961; Pub. L. 102-572, title IX, Sec. 902(b)(1), Oct. 29,
1992, 106 Stat. 4516.)
AMENDMENTS
1992 - Subsec. (c)(1). Pub. L. 102-572 substituted "United States
Court of Federal Claims" for "United States Claims Court" in
heading.
1986 - Subsec. (c)(1). Pub. L. 99-514 substituted "United States
Claims Court" for "Court of Claims" in heading.
EFFECTIVE DATE OF 1992 AMENDMENT
Amendment by Pub. L. 102-572 effective Oct. 29, 1992, see section
911 of Pub. L. 102-572, set out as a note under section 171 of
Title 28, Judiciary and Judicial Procedure.
EFFECTIVE DATE
Section 2(d) of Pub. L. 96-596, as amended by Pub. L. 99-514,
Sec. 2, Oct. 22, 1986, 100 Stat. 2095, provided that:
"(1) First tier taxes. - The amendments made by this section
[enacting this section and section 4962 of this title and amending
sections 4941 to 4945, 4951, 4952, 4971, 4975, 6213, 6214, 6503,
and 7422 of this title] with respect to any first tier tax shall
take effect as if included in the Internal Revenue Code of 1986
[formerly I.R.C. 1954] when such tax was first imposed.
"(2) Second tier taxes. - The amendments made by this section
with respect to any second tier tax shall apply only with respect
to taxes assessed after the date of the enactment of this Act [Dec.
24, 1980]. Nothing in the preceding sentence shall be construed to
permit the assessment of a tax in a case to which, on the date of
the enactment of this Act, the doctrine of res judicata applies.
"(3) First and second tier tax. - For purposes of this
subsection, the terms 'first tier tax' and 'second tier tax' have
the respective meanings given to such terms by section 4962 of the
Internal Revenue Code of 1986."