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petition, by taxpayers affected by a presidentially declared
disaster. Secs. 7508A(a)(1),2 7508(a)(1)(C).3
2 Sec. 7508A provides in pertinent part:
SEC. 7508A. AUTHORITY TO POSTPONE CERTAIN TAX-RELATED
DEADLINES BY REASON OF PRESIDENTIALLY DECLARED
DISASTER.
(a) In General.--In the case of a taxpayer
determined by the Secretary to be affected by a
Presidentially declared disaster (as defined in section
1033(h)(3)), the Secretary may prescribe regulations
under which a period of up to 120 days may be
disregarded in determining, under the internal revenue
laws, in respect of any tax liability * * * of such
taxpayer--
(1) whether any of the acts described in
paragraph (1) of section 7508(a) were performed
within the time prescribed therefor * * *.
Sec. 7508A was amended by the Victims of Terrorism Tax
Relief Act of 2001 (VTTRA), Pub. L. 107-134, sec. 112(a), (b),
115 Stat. 2427, 2433, 2434. Congress gave the Secretary of the
Treasury, the Secretary of Labor, and the Pension Benefit
Guaranty Corp. authority to postpone certain deadlines by reason
of terroristic or military actions and extended the period that
may be disregarded from 120 days to 1 year. The amendment
applies to actions of the Secretary of the Treasury, the
Secretary of Labor, or the Pension Benefit Guaranty Corp. on or
after Jan. 23, 2002, concerning disasters and terroristic or
military actions occurring on or after Sept. 11, 2001. VTTRA
sec. 112(f), 115 Stat. 2435. We are aware of no action by the
Secretary of the Treasury, the Secretary of Labor, or the Pension
Benefit Guaranty Corp. which occurred on or after Jan. 23, 2002,
which describes taxpayers affected by the Sept. 11, 2001,
terrorist attack in a manner which includes petitioners. Even if
the VTTRA amendment to sec. 7508A applies here, it does not
affect the outcome of this case.
3 Sec. 7508(a)(1)(C) provides in pertinent part:
SEC. 7508. TIME FOR PERFORMING CERTAIN ACTS POSTPONED BY
REASON OF SERVICE IN COMBAT ZONE.
(continued...)
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