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Internal Revenue Code · 26 U.S.C.

Subchapter G. Corporations Used to Avoid Income Tax on Shareholders

Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). The official version is at uscode.house.gov (external site).

  1. Part I CORPORATIONS IMPROPERLY ACCUMULATING SURPLUS §§ 531–537

    1. § 531 Imposition of accumulated earnings tax
    2. § 532 Corporations subject to accumulated earnings tax
    3. § 533 Evidence of purpose to avoid income tax
    4. § 534 Burden of proof
    5. § 535 Accumulated taxable income
    6. § 536 Income not placed on annual basis
    7. § 537 Reasonable needs of the business

  2. Part II PERSONAL HOLDING COMPANIES §§ 541–547

    1. § 541 Imposition of personal holding company tax
    2. § 542 Definition of personal holding company
    3. § 543 Personal holding company income
    4. § 544 Rules for determining stock ownership
    5. § 545 Undistributed personal holding company income
    6. § 546 Income not placed on annual basis
    7. § 547 Deduction for deficiency dividends

  3. Part III REPEALED § 551–558

    1. § 551–558 Repealed

  4. Part IV DEDUCTION FOR DIVIDENDS PAID §§ 561–565

    1. § 561 Definition of deduction for dividends paid
    2. § 562 Rules applicable in determining dividends eligible for dividends paid deduction
    3. § 563 Rules relating to dividends paid after close of taxable year
    4. § 564 Dividend carryover
    5. § 565 Consent dividends