[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(e)-2]

[Page 199]
 
                       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(e)-2  Judicial decision not a bar to certain adjustments.

    (a) In general. A court decision with respect to a partner's income 
tax liability attributable to nonpartnership items shall not be a bar to 
further proceedings with respect to that partner's income tax liability 
if that partner's partnership items become nonpartnership items after 
the appropriate time to include such nonpartnership items in the earlier 
court proceeding has passed. Thus, the Internal Revenue Service could 
issue a later deficiency notice for the same taxable year with respect 
to that partner or that partner could bring a refund suit with respect 
to those items that have become nonpartnership items.
    (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(e)-2T contained in 26 CFR 
part 1, revised April 1, 2001.

[T.D. 8965, 66 FR 50562, Oct. 4, 2001]