[Code of Federal Regulations]
[Title 26, Volume 7]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.614-7]

[Page 503]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.614-7  Extension of time for performing certain acts.

    Sections 1.614-2 to 1.614-5, inclusive, require certain acts to be 
performed on or before May 1, 1961 (the first day of the first month 
which begins more than 90 days after the regulations under section 614 
were published in the Federal Register as a Treasury decision). The 
district director may, upon good cause shown, extend for a period not 
exceeding 6 months the period within which such acts are to be 
performed, and shall, if the interests of the Government would otherwise 
be jeopardized thereby, grant such an extension only if the taxpayer and 
the district director agree in writing to a corresponding or greater 
extension of the period prescribed for the assessment of the tax, or in 
the case of taxable years described in section 614(c)(3)(E), the 
assessment of the tax resulting from the exercise or change in an 
election.

[T.D. 6561, 26 FR 3523, Apr. 25, 1961]