[Code of Federal Regulations]
[Title 26, Volume 10]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.962-4]

[Page 430]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.962-4  Transitional rules for certain taxable years.

    (a) Extension of time for making or revoking election. Paragraphs 
(b) and (c) of this section provide additional rules with respect to 
making or revoking an election under section 962 which apply only to a 
taxable year of a United States shareholder for which the last day 
prescribed by law for filing his return (including any extensions of 
time under section 6081) occurs or occurred on or before January 31, 
1966.
    (b) Manner of making election not previously made. If a United 
States shareholder who has not previously made an election under section 
962 for any taxable year referred to in paragraph (a) of this section 
desires to make such an election, he may do so by filing his return or 
an amended return for such taxable year together with a statement 
setting forth the information required under paragraph (b) of Sec. 
1.962-2. Such return or amended return and statement shall be filed on 
or before January 31, 1966.
    (c) Revocation of election previously made. If a United States 
shareholder who has made an election under section 962 on or before 
November 1, 1965, for any taxable year referred to in paragraph (a) of 
this section desires to revoke such election, he may do so by filing an 
amended return to which is attached a statement that the election 
previously made is revoked. Such amended return and statement shall be 
filed on or before January 31, 1966.

[T.D. 6858, 30 FR 13698, Oct. 28, 1965]