Implements § 1342Open in workspace
Reg. § 1.1342-1 Computation of tax where taxpayer recovers substantial amount held by another under claim of right; effective date.
26 CFR § 1.1342-1eCFR, current through 2026-07-14
Section shall apply with respect to taxable years beginning after December 31, 1954.
[T.D. 6500, 25 FR 12052, Nov. 26, 1960]