26 CFR § 54.4975-12

26 CFR · Internal Revenue

§ 54.4975-12 — Definition of the term “qualifying employer security”.

26 CFR § 54.4975-12

TitleTitle 26: Internal Revenue PartPart 54: Pension Excise Taxes

SourceeCFR (current through Mar 20, 2026)

This text of 26 C.F.R. § 54.4975-12 (Definition of the term “qualifying employer security”.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

26 C.F.R. § 54.4975-12 (2026).

Text

§ 54.4975-12 Definition of the term “qualifying employer security”.

(a)In general. For purposes of section 4975(e)(8) and this section, the term “qualifying employer security” means an employer security which is:

(1)Stock or otherwise an equity security, or

(2)A bond, debenture, note, or certificate or other evidence of indebtedness which is described in paragraphs (1), (2), and (3) of section 503(e).

(b)Special rule. In determining whether a bond, debenture, note, or certificate or other evidence of indebtedness is described in paragraphs (1), (2), and (3) of section 503(e), any organization described in section 401(a) shall be treated as an organization subject to the provisions of section 503. (Sec. 4975(e)(7) (88 Stat. 976; 26 U.S.C. 4975(e)(7))) [T.D. 7506, 42 FR 44394, Sept.

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§ 54.4975-12 Definition of the term “qualifying employer security”.

(a) In general. For purposes of section 4975(e)(8) and this section, the term “qualifying employer security” means an employer security which is:

(1) Stock or otherwise an equity security, or

(2) A bond, debenture, note, or certificate or other evidence of indebtedness which is described in paragraphs (1), (2), and (3) of section 503(e).

(b) Special rule. In determining whether a bond, debenture, note, or certificate or other evidence of indebtedness is described in paragraphs (1), (2), and (3) of section 503(e), any organization described in section 401(a) shall be treated as an organization subject to the provisions of section 503.

(Sec. 4975(e)(7) (88 Stat. 976; 26 U.S.C. 4975(e)(7))) [T.D. 7506, 42 FR 44394, Sept. 2, 1977]