FEDERAL · 26 U.S.C. · Chapter 74
Closing agreements
26 U.S.C. § 7121
Title26 — Internal Revenue Code
Chapter74 — CLOSING AGREEMENTS AND COMPROMISES
This text of 26 U.S.C. § 7121 (Closing agreements) 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 U.S.C. § 7121.
Text
(a)Authorization
The Secretary is authorized to enter into an agreement in writing with any person relating to the liability of such person (or of the person or estate for whom he acts) in respect of any internal revenue tax for any taxable period.
(b)Finality
If such agreement is approved by the Secretary (within such time as may be stated in such agreement, or later agreed to) such agreement shall be final and conclusive, and, except upon a showing of fraud or malfeasance, or misrepresentation of a material fact—
(1)the case shall not be reopened as to the matters agreed upon or the agreement modified by any officer, employee, or agent of the United States, and
(2)in any suit, action, or proceeding, such agreement, or any determination, assessment, collection, payment, abatement, ref
Free access — add to your briefcase to read the full text and ask questions with AI
Related
National Ass'n of Home Builders v. Defenders of Wildlife
551 U.S. 644 (Supreme Court, 2007)
Eldon D. And Kathy A. Anthony v. United States
987 F.2d 670 (Tenth Circuit, 1993)
Arthur C. Ewing A/K/A A. Clifford Ewing Maxine H. Ewing v. United States
914 F.2d 499 (Fourth Circuit, 1990)
Cleveland Trust Co. v. United States
421 F.2d 475 (Sixth Circuit, 1970)
Richard D. Bokum, Ii, Margaret B. Bokum v. Commissioner of Internal Revenue
992 F.2d 1136 (Eleventh Circuit, 1993)
Certain Underwriters at Lloyd's, London v. Cooperman
957 A.2d 836 (Supreme Court of Connecticut, 2008)
Charles Reynolds and Beatrice Reynolds v. Commissioner of Internal Revenue
296 F.3d 607 (Seventh Circuit, 2002)
In the Matter of Avildsen Tools & MacHine Inc., a Delaware Corporation, Debtor-Appellant. Edward B. Avildsen and Morton Balon v. United States
794 F.2d 1248 (Seventh Circuit, 1986)
Frank W. Smith Janice M. Smith v. United States
328 F.3d 760 (Fifth Circuit, 2003)
Amanda York Beaty and Nancie York Gunter v. United States
937 F.2d 288 (Sixth Circuit, 1991)
United States v. Clarence J. Prince
348 F.2d 746 (Second Circuit, 1965)
Conrad Janis Maria G. Janis v. Commissioner of Internal Revenue
461 F.3d 1080 (Ninth Circuit, 2006)
Emery Ellinger, III v. United States
470 F.3d 1325 (Eleventh Circuit, 2006)
Arthur E. Hempel, Jr., Rosemary S. Hempel v. United States
14 F.3d 572 (Eleventh Circuit, 1994)
Miller v. Internal Revenue Service (In Re Miller)
174 B.R. 791 (Ninth Circuit, 1994)
Bethlehem Steel Corporation and Affiliated Subsidiary Companies v. United States
270 F.3d 135 (Third Circuit, 2001)
Cinema '84 v. Commissioner
294 F.3d 432 (Second Circuit, 2002)
In Re Marianne Hopkins, Debtor. Marianne Hopkins v. United States
146 F.3d 729 (Ninth Circuit, 1998)
Frank C. Howard and Nancy Howard v. United States
497 F.2d 1270 (Seventh Circuit, 1974)
General Split Corporation, a Wisconsin Corporation v. United States
500 F.2d 998 (Seventh Circuit, 1974)
Source Credit
History
(Aug. 16, 1954, ch. 736, 68A Stat. 849; Pub. L. 94–455, title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)
Editorial Notes
Editorial Notes
Amendments
1976—Subsecs. (a), (b). Pub. L. 94–455 struck out "or his delegate" after "Secretary".
Amendments
1976—Subsecs. (a), (b). Pub. L. 94–455 struck out "or his delegate" after "Secretary".
Cite This Page — Counsel Stack
Bluebook (online)
26 U.S.C. § 7121, Counsel Stack Legal Research, https://law.counselstack.com/usc/26/7121.