[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: 26CFR301.7503-1]

[Page 549]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 301_PROCEDURE AND ADMINISTRATION--Table of Contents
 
                          Judicial Proceedings
 
Sec. 301.7503-1  Time for performance of acts where last day falls on 
Saturday, Sunday, or legal holiday.

    (a) In general. Section 7503 provides that when the last day 
prescribed under authority of any internal revenue law for the 
performance of any act falls on a Saturday, Sunday, or legal holiday, 
such act shall be considered performed timely if performed on the next 
succeeding day which is not a Saturday, Sunday, or legal holiday. For 
this purpose, any authorized extension of time shall be included in 
determining the last day for performance of any act. Section 7503 is 
applicable only in case an act is required under authority of any 
internal revenue law to be performed on or before a prescribed date or 
within a prescribed period. For example, if the 2-year period allowed by 
section 6532(a)(1) to bring a suit for refund of any internal revenue 
tax expires on Thursday, November 23, 1995 (Thanksgiving Day), the suit 
will be timely if filed on Friday, November 24, 1995, in the Court of 
Federal Claims, or in a district court. Section 7503 applies to acts to 
be performed by the taxpayer (such as, the filing of any return of, and 
the payment of, any income, estate, or gift tax; the filing of a 
petition with the Tax Court for redetermination of a deficiency, or for 
review of a decision rendered by such Court; the filing of a claim for 
credit or refund of any tax) and acts to be performed by the 
Commissioner, a district director, or the director of a regional service 
center (such as, the giving of any notice with respect to, or making any 
demand for the payment of, any tax; the assessment or collection of any 
tax).
    (b) Legal holidays. For the purpose of section 7503, the term legal 
holiday includes the legal holidays in the District of Columbia as found 
in D.C. Code Ann. 28-2701. In the case of any return, statement, or 
other document required to be filed, or any other act required under the 
authority of the internal revenue laws to be performed, at an office of 
the Internal Revenue Service, or any other office or agency of the 
United States, located outside the District of Columbia but within an 
internal revenue district, the term legal holiday includes, in addition 
to the legal holidays in the District of Columbia, any statewide legal 
holiday of the state where the act is required to be performed. If the 
act is performed in accordance with law at an office of the Internal 
Revenue Service or any other office or agency of the United States 
located in a territory or possession of the United States, the term 
legal holiday includes, in addition to the legal holidays in the 
District of Columbia, any legal holiday that is recognized throughout 
the territory or possession in which the office is located.

[32 FR 15241, Nov. 3, 1967, as amended by T.D. 7309, 39 FR 11537, Mar. 
29, 1974; T.D. 8681, 61 FR 42179, Aug. 14, 1996]