Congress.wikiCongress.wiki
Congress
MapWatchScheduleDaily RecordMembersCommitteesLegislationNominations
Money & Oversight
MoneyOffice SpendingSubpoenasHouse EthicsForeign InfluenceSpecial Rules
Executive & Law
AgenciesRegulationsUS Code
Search⌘K
Congress
MapWatchScheduleDaily RecordMembersCommitteesLegislationNominations
Money & Oversight
MoneyOffice SpendingSubpoenasHouse EthicsForeign InfluenceSpecial Rules
Executive & Law
AgenciesRegulationsUS Code

I can walk you through what this section actually means

U.S. Code/Title 26/§ 533

Title 26

26

Title overviewSearch titleAll titles
26 U.S.C. § 533.Chapter 1

§ 533

Evidence of purpose to avoid income tax

Title 26
1 min read
Subchapter: Corporations Used to Avoid Income Tax on Shareholders

Need the full chapter outline? Open Chapter 1 to browse every section without loading the entire chapter explorer on this page.

Back to Chapter 1Previous: § 532Next: § 534

((a)) ** Unreasonable accumulation determinative of purpose** For purposes of section 532, the fact that the earnings and profits of a corporation are permitted to accumulate beyond the reasonable needs of the business shall be determinative of the purpose to avoid the income tax with respect to shareholders, unless the corporation by the preponderance of the evidence shall prove to the contrary.

((b)) ** Holding or investment company** The fact that any corporation is a mere holding or investment company shall be prima facie evidence of the purpose to avoid the income tax with respect to shareholders.

§ 532

Release: pl-119-111 (2026-09-18)

§ 534

Get a weekly summary of what Congress did, delivered every Sunday.

  • About
  • How Congress Works
  • Quiz
  • Congress Wrapped
  • Pricing
  • Roadmap
  • Health
  • Privacy Policy
  • Terms of Service
WhiteHouse.wiki•SCOTUS.wiki
Congress.wiki Alpha
Support Us

This is not an official government website.

© 2026 PLEJ LC. All rights reserved.