Code of Federal Regulations · Section

§ 55.4982-1 — -1 Imposition Of Excise Tax On Undistributed Income Of Regulated Investment Companies

26 C.F.R. § 55.4982-1

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Section 4982 imposes an excise tax on a regulated investment company in the amount of four percent of the excess, if any, of the required distribution for a calendar year over the distributed amount for such calendar year. Section 4982 applies only to calendar years beginning after December 31, 1986.