[Code of Federal Regulations]
[Title 26, Volume 11]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.1361-6]

[Page 719]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.1361-6  Effective date.

    Except as provided in Sec. Sec. 1.1361-4(a)(3)(iii), 1.1361-
4(a)(5)(i), and 1.1361-5(c)(2), the provisions of Sec. Sec. 1.1361-2 
through 1.1361-5 apply to taxable years beginning on or after January 
20, 2000; however, taxpayers may elect to apply the regulations in 
whole, but not in part (aside from those sections with special dates of 
applicability), for taxable years beginning on or after January 1, 2000, 
provided all affected taxpayers apply the regulations in a consistent 
manner. To make this election, the corporation and all affected 
taxpayers must file a return or an amended return that is consistent 
with these rules for the taxable year for which the election is made. 
For purposes of this section, affected taxpayers means all taxpayers 
whose returns are affected by the election to apply the regulations.

[T.D. 8869, 65 FR 3854, Jan. 25, 2000]