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2019 US Code
Title 26 - Internal Revenue Code
Subtitle A - Income Taxes
Chapter 1 - Normal Taxes and Surtaxes
Subchapter B - Computation of Taxable Income
Part III - Items Specifically Excluded From Gross Income
Sec. 139H - Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction
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| 26 U.S.C. § 139H (2019) |
| §139H. Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction |
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Gross income shall not include any interest received from the Federal Government in connection with an action to recover property seized by the Internal Revenue Service pursuant to section 5317(c)(2) of title 31, United States Code, by reason of a claimed violation of section 5324 of such title. |
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(Added Pub. L. 116–25, title I, §1202(a), July 1, 2019, 133 Stat. 987.) |
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EFFECTIVE DATE
Pub. L. 116–25, title I, §1202(c), July 1, 2019, 133 Stat. 988, provided that: "The amendments made by this section [enacting this section] shall apply to interest received on or after the date of the enactment of this Act [July 1, 2019]." |
| United States Code, 2018 Edition, Supplement 1, Title 26 - INTERNAL REVENUE CODE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 26 - INTERNAL REVENUE CODE Subtitle A - Income Taxes CHAPTER 1 - NORMAL TAXES AND SURTAXES Subchapter B - Computation of Taxable Income PART III - ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME Sec. 139H - Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction |
| section 139H |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 133 Stat. 987, 988 |
| Public Law 116-25 |
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