[Code of Federal Regulations]
[Title 26, Volume 18]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR301.6231(c)-4]

[Page 196]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 301_PROCEDURE AND ADMINISTRATION--Table of Contents
 
                               Assessment
 
Sec. 301.6231(c)-4  Termination and jeopardy assessment.

    (a) In general. The treatment of items as partnership items with 
respect to a partner against whom an assessment of income tax under 
section 6851 (termination assessment) or section 6861 (jeopardy 
assessment) is made will interfere with the effective and efficient 
enforcement of the internal revenue laws. Accordingly, partnership items 
of such a partner arising in any partnership taxable year ending with or 
within the partner's taxable year for which an assessment of income tax 
under section 6851 or 6861 is made shall be treated as nonpartnership 
items as of the moment before such assessment is made.
    (b) Effective date. This section is applicable to partnership 
taxable years beginning on or after October 4, 2001. For years beginning 
prior to October 4, 2001, see Sec. 301.6231(c)-4T contained in 26 CFR 
part 1, revised April 1, 2001.

[T.D. 8965, 66 FR 50561, Oct. 4, 2001]