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TITLE 26-INTERNAL REVENUE CODE see section 1901(d) of Pub. L. 94-455, set out as an Ef- fective Date of 1976 Amendment note under section 2 of this title. Amendment of subsecs. (b)(9), (c)(4) by section 1951(b)(9)(A) of Pub. L. 94-455 applicable with respect to taxable years beginning after Dec. 31, 1976. see sec- tion 1951(d) of Pub. L. 94-455 set out as an Effective Date of 1976 Amendment note under section 72 of this title. EFFECTIVE DATE OF 1969 AMENDMENT Amendment by Pub. L. 91-172 applicable to taxable years beginning after Dec. 31, 1969, see section 201(g) of Pub. L. 91-172, set out as an Effective Date of 1969 Amendment note under section 170 of this title. EFFECTIVE DATE OF 1966 AMENDMENT Amendment by Pub. L. 89-809 applicable with re- spect to taxable years beginning after Dec. 31, 1966, see section 104(n) of Pub. L. 89-809, set out as an Ef- fective Date of 1966 Amendment note under section 11 of this title. Amendment by Pub. L. 89-719 applicable after Nov. 2. 1966, regardless of when the title or lien of the United States arose or when the lien or interest of an- other person was acquired, except in a case in which a lien or title derived from enforcement of a lien held by the United States has been enforced by a civil action or suit which has become final by Judgment, sale, or agreement before Nov. 2, 1966, or in a case in which the amendment would impair a priority held by any person other than the United States holding a lien or interest prior to Nov. 2, 1966, operate to increase the liability of such person, or shorten the time for bring- Ing suit with respect to transactions occurring before Nov. 2, 1966, see section 114(a) to (e) of Pub. L. 89-719, set out as an Effective Date of 1966 Amendment note under section 6323 of this title. EFFECTIVE DATE OF 1964 AMENDMENT Amendment of subsec. (a) by Pub. L. 88-272 applica- ble to taxable years beginning after Dec. 31, 1963, see section 225(t)(1) of Pub. L. 88-272 set out as an Effec- tive Date of 1964 Amendment note under section 316 of this title. Amendment of subsec. (b)(1) by Pub. L. 88-272, § 207(b)(5), applicable to taxable years beginning after Dec. 31, 1963, see section 207(c) of Pub. L. 88-272, set out as an Effective Date of 1964 amendment note under section 164 of this title. Amendment of subsec. (b)(2) by Pub. L. 88-272, § 209(c)(2), applicable to contributions paid in taxable years beginning after Dec. 31, 1963, see section 209(f)(1) of Pub. L. 88-272, set out as an Effective Date of 1964 Amendment note under section 170 of this title. EFFECTIVE DATE OF 1062 AMENDMENT Amendment of subsec. (b)(1) by Pub. L. 87-834 appli- cable in respect of any distribution received by a do- mestic corporation after Dec. 31, 1964, and in respect of any distribution received by a domestic corporation before Jan. 1, 1965, in a taxable year of such corpora- tion beginning after Dec. 31, 1962, but only to the extent that such distribution is made out of the accu- mulated profits of a foreign corporation for a taxable year (of suoh foreign corporation) beginning after Dec. 31, 1962, see section 9(e) of Pub. L. 87-834, set out as an Effective Date of 1962 Amendment note under section 902 of this title. Amendment by Pub. L. 87-403 applicable only with respect to distributions made after Feb. 2, 1962, see section 3(g) of Pub. L. 87-403, set out as an Effective Date of 1962 Amendment note under section 312 of this title. EFFECTIVE DATE OF 1958 AMENDMENT Amendment of subsec. (b)(2) by Pub. L. 85-866 appli- cable to taxable years beginning after Dec. 31, 1953, and ending after Aug. 16, 1954. see section 1(c) of Pub. L. 85-866, set out as an Effective Date of 1958 Amend. ment note under section 165 of this title. Section 32(c) of Pub. L. 85-866 provided that: "The amendment made by subsection (b) of this section [to subsec. (b)(4) of this section] shall apply with respect to adjustments under section 545(b)(4) of the Internal Revenue Code of 1954 [subsec. (b)(4) of this section] for taxable years beginning after December 31, 1957." SAVINGS PROVISION Section 1951(b)(9)(B) of Pub. L. 94-455 provided that: "Notwithstanding subparagraph (A) [repealing subsec. (b)(9) of this section], if any amount was de- ducted under paragraph (9) of section 545(b) in a tax- able year beginning before January 1, 1977, on account of a lien which is satisfied or released in a taxable year beginning on or after such date, the amount so de- ducted shall be included in income, for purposes of section 545, as provided in the second sentence of such paragraph. Shareholders of any corporation which has amounts included in its income by reason of the preceding sentence may elect to compute the income tax on dividends attributable to amounts so included as provided in the third sentence of such paragraph." CRoss REFERENCES Acquiring corporation as distributor or transferor corporation for purpose of determining applicability of subsection (b)(7) of this section, see section 381 of this title. Charitable contributions deduction disallowed under certain circumstances when- Made in trust, see section 681 of this title. Made to exempt organization, see section 503 of this title. Dividend carryover determined by making adjust- ments provided in this section to taxable income, see section 564 of this title. Liquidations before Jan. 1, 1966, see section 225(h) of Pub. L. 88-272, set out as a note under section 333 of this title. Personal holding company dividend defined, see sec- tion 316 of this title. Provisions respecting disposal of coal with retained economic interest as inapplicable in determining amount of deduction under subsection (b)(S) of this section, see section 631 of this title. Rules relating to deduction for dividends paid after close of taxable year, see section 563 of this title. SECTION REFERIUM TO IN OTHER SECTIONS This section is referred to in sections 381, 508, 541, 564, 631, 4947, 4948 of this title. § 546. Income not placed on annual basis Section 443(b) (relating to computation of tax on change of annual accounting period) shall not apply in the computation of the personal holding company tax imposed by section 541. (Aug. 16, 1954, ch. 736, 68A Stat. 191.) Cnoss REFERENCES Accumulated earnings tax computation as not sub- ject to section 443(b), see section 536 of this title. Regulated investment company taxable income com- putation as not subject to section 443(b), see section 852 of this title. Undistributed foreign personal holding company computation as not subject to section 443(b), see sec- tion 557 of this title. SECTION REFERED TO IN OTHER SECTIONS This section is referred to in section 443 of this title. Page 419 § 646