Treasury Regulations · 26 CFR
§ 1.536-1. Short taxable years.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 536
Cite as 26 CFR § 1.536-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6500, 25 FR 11402, Nov. 26, 1960; 25 FR 14021, Dec. 21, 1960; T.D. 9989, 89 FR 17606, Mar. 11, 2024, unless otherwise noted.
- Issued under
- 26 U.S.C. § 536
- Length
- 73 words · about 1 min to read
- Cross-references
- cites 1 Code section and 1 regulation; cited by 0
Accumulated taxable income for a taxable year consisting of a period of less than 12 months shall not be placed on an annual basis for the purpose of the accumulated earnings tax imposed by section 531. In such cases accumulated taxable income shall be computed on the basis of the taxable income for such period of less than 12 months, adjusted in the manner provided by section 535(b) and § 1.535-2.
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Regulations it cites
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Corporations Used To Avoid Income Tax on Shareholders
Nearby sections
- § 1.534-3 Jeopardy assessments in Tax Court cases.
- § 1.535-1 Definition.
- § 1.535-2 Adjustments to taxable income.
- § 1.535-3 Accumulated earnings credit.
- § 1.536-1 Short taxable years.
- § 1.537-1 Reasonable needs of the business.
- § 1.537-2 Grounds for accumulation of earnings and profits.
- § 1.537-3 Business of the corporation.