- 14 - (C) Limitation on Tax Court jurisdiction.–-If a suit for refund is begun by either individual filing the joint return pursuant to section 6532-- (i) the Tax Court shall lose jurisdiction of the individual’s action under this section to whatever extent jurisdiction is acquired by the district court or the United States Court of Federal Claims over the taxable years that are the subject of the suit for refund; and (ii) the court acquiring jurisdiction shall have jurisdiction over the petition filed under this subsection. The 2000 Act struck out subparagraphs (A) and (B) of original section 6015(e)(3) and enacted new section 6015(g) as follows: (g) Credits and Refunds.–- (1) In general.–-Except as provided in paragraphs (2) and (3), notwithstanding any other law or rule of law (other than section 6511, 6512(b), 7121, or 7122), credit or refund shall be allowed or made to the extent attributable to the application of this section. (2) Res judicata.–-In the case of any election under subsection (b) or (c), if a decision of a court in any prior proceeding for the same taxable year has become final, such decision shall be conclusive except with respect to the qualification of the individual for relief which was not an issue in such proceeding. The exception contained in the preceding sentence shall not apply if the court determines that the individual participated meaningfully in such prior proceeding. (3) Credit and refund not allowed under subsection (c).–-No credit or refund shall be allowed as a result of an election under subsection (c).Page: Previous 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 NextLast modified: November 10, 2007