U.S.C. Title 26 - INTERNAL REVENUE CODE 26 U.S.C. United States Code, 2024 Edition Title 26 - INTERNAL REVENUE CODE Subtitle A - Income Taxes CHAPTER 1 - NORMAL TAXES AND SURTAXES Subchapter B - Computation of Taxable Income PART III - ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME Sec. 139H - Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction From the U.S. Government Publishing Office, www.gpo.gov §139H. Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction Gross income shall not include any interest received from the Federal Government in connection with an action to recover property seized by the Internal Revenue Service pursuant to section 5317(c)(2) of title 31, United States Code, by reason of a claimed violation of section 5324 of such title. (Added Pub. L. 116–25, title I, §1202(a), July 1, 2019, 133 Stat. 987.) Statutory Notes and Related Subsidiaries Effective Date Pub. L. 116–25, title I, §1202(c), July 1, 2019, 133 Stat. 988, provided that: "The amendments made by this section [enacting this section] shall apply to interest received on or after the date of the enactment of this Act [July 1, 2019]."
26 U.S.C. § 139h
§139H. Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction
Edition 2024