26 CFR 1.381 - Work incentive program credit carryovers in certain corporate acquisitions.

Regulations last checked for updates: Jan 30, 2025

Title 26 - Internal Revenue last revised: Jan 19, 2025

View all text of Part 1 [§ 1.301-1 - § 1.400]

§ 1.381(c)(24)-1 - Work incentive program credit carryovers in certain corporate acquisitions.

The computation of carryovers and carrybacks of unused WIN credits in a transaction to which section 381 applies shall be made under the principles of § 1.381(c)(23)-1 (relating to the computation of carryovers and carrybacks of unused investment credits), except that the provisions of paragraph (c)(4) and paragraph (e)(6), (7), and (8) of such section shall not apply.

(Secs. 381(c)(23), 76 Stat. 971 (26 U.S.C. 381(c)(23), 381(c)(24)) 85 Stat. 557 (26 U.S.C. 381(c)(24)), 7805, 68A Stat. 917 (26 U.S.C. 7805)) [T.D. 7289, 38 FR 30557, Nov. 6, 1973]

authority: 26 U.S.C. 7805,unless

source: T.D. 6500, 25 FR 11607, Nov. 26, 1960; 25 FR 14021, Dec. 31, 1960, unless otherwise noted.

cite as: 26 CFR 1.381