90 STAT. 1732 26 USC 423. 26 USC 424. 26 USC 582. 26 USC 584. 26 USC 631. 26 USC 642. 26 USC 644. 26 USC 702. 26 USC 817.
26 USC 852. 26 USC 856. 26 USC 857. 26 USC 1223. 26 USC 1231. 26 USC 1232. 26 USC 1233. Post, p. 1929. 26 USC 1235. 26 USC 1246. 26 USC 1247.
26 USC 1248. 26 USC 1251.
PUBLIC LAW 94-455—OCT. 4, 1976 (E) Paragraph (1) of section 423(a) (relating to employee stock purchase plans). (F) Paragraph (1) of subsection (a) and paragraphs (1) and (2) of subsection (c) of section 424 (relating to restricted stock options). (G) Paragraph (2) of section 582(c) (relating to capital gains of banks). (H) Subparagraphs (A) and (B) of section 584(c)(1) (relating to inclusions in taxable income of participants in common trust funds). (I) Section 631 (relating to gain or loss in the case of timber, coal, or domestic iron ore). (J) Paragraphs (3) and (4) of section 642(c) (relating to charitable deductions for certain trusts). (K) Section 644 (relating to special holding period rules for gain on property transferred to trust at less than fair market value). (L) Paragraphs (1) and (2) of section 702(a) (relating to income and credits of partner). (M) Subparagraph (A) of section 817(a)(1) (relating to certain gains and losses in the case of life insurance companies). (N) Subparagraph (B) of paragraph (3). and paragraph (4), of section 852(b) (relating to taxation or shareholders of regulated investment companies). (O) Subparagraph (A) of section 856(c)(4) (relating to definition of real estate investment trust). (P) Subparagraph (B) of paragraph (3), and paragraph (5), of section 857(b) (relating to taxation of shareholders of real estate investment trusts). (Q) Paragraph (11) of section 1223 (relating to holding period of property). (R) Section 1231 (relating to property used in the trade or business and involuntary conversions). (S) Paragraph (2) of section 1232(a) (relating to sale or exchange in the case of bonds and other evidences of indebtedness). (T) Subsections (b), (d), and (e) of section 1233 (relating to gains and losses from short sales). (U) Paragraph (1) of section 1234(b) (relating to special rule for gain on lapse of an option granted as part of a straddle), as amended by this Act. (V) Subsection (a) of section 1235 (relating to sale or exchange of patents). (W) Paragraph (4) of section 1246(a) (relating to holding period in the case of gain on foreign investment company stock). (X) Subsection (i) of section 1247 (relating to loss on sale or exchange of certain stock in the case of foreign investment companies electing to distribute income currently). (Y) Subsection (b), and subparagraph (C) of subsection ("f) C^)? of section 1248 (relating to gain from certain sales or exchanges of stock in certain foreign corporations). '^Z) Paragraph (1) of section 1251(6) (defining farm recapture property). (2) TAXABLE TEARS BEGINNING AFTER 1977.—Effective with respect to taxable years beginning after December 31, 1977, each
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