FEDERAL · 26 U.S.C. · Chapter 64

Fractional parts of a cent

Current through Pub. L. 119-102
Title 26Internal Revenue Code·Ch. 64 — COLLECTION·Subch. B
In the payment of any tax imposed by this title, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to 1 cent.

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26 U.S.C. § 6313 (Fractional parts of a cent) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Aug. 16, 1954, ch. 736, 68A Stat. 778; Pub. L. 94–455, title XIX, §1906(a)(19), Oct. 4, 1976, 90 Stat. 1825.)

Editorial Notes

Editorial Notes

Amendments
1976—Pub. L. 94–455 struck out "not payable by stamp" after "title".