Code of Federal Regulations Title 26. Internal Revenue § 26.1.857–4 Tax imposed by reason of the failure to meet certain source-of-income requirements

Section 857(b)(5) imposes a tax on a real estate investment trust that is considered, by reason of section 856(c)(7), as meeting the source-of-income requirements of paragraph (2) or (3) of section 856(c) (or both such paragraphs). The amount of the tax is determined in the manner prescribed in section 857(b)(5).

(Authority:  Sec. 856(d)(4) (90 Stat. 1750;  26 U.S.C. 856(d)(4));  sec. 856(e)(5) (88 Stat. 2113;  26 U.S.C. 856(e)(5));  sec. 856(f)(2) (90 Stat. 1751;  26 U.S.C. 856(f)(2));  sec. 856(g)(2) (90 Stat. 1753;  26 U.S.C. 856(g)(2));  sec. 858(a) (74 Stat. 1008;  26 U.S.C. 858(a));  sec. 859(c) (90 Stat. 1743;  26 U.S.C. 859(c));  sec. 859(e) (90 Stat. 1744;  26 U.S.C. 859(e));  sec. 6001 (68A Stat. 731;  26 U.S.C. 6001);  sec. 6011 (68A Stat. 732;  26 U.S.C. 6011);  sec. 6071 (68A Stat. 749, 26 U.S.C. 6071);  sec. 6091 (68A Stat. 752;  26 U.S.C. 6091);  sec. 7805 (68A Stat. 917;  26 U.S.C. 7805), Internal Revenue Code of 1954)