Internal Revenue Code:Rule 171. Small Tax Case Defined

From TaxAlmanac

Location in Internal Revenue Code

     TITLE 26 - INTERNAL REVENUE CODE
      TITLE 26 - APPENDIX
       TITLE XVII. - SMALL TAX CASES
     

Statute

    Rule 171. Small Tax Case Defined
 
      The term ''small tax case'' means a case in which:
        (a) Neither the amount of the deficiency, nor the amount of any
      claimed overpayment, placed in dispute (including any additions
      to tax, additional amounts, and penalties) exceeds
          (1) $10,000 for any one taxable year in the case of income
        taxes,
          (2) $10,000 in the case of estate taxes,
          (3) $10,000 for any one calendar year in the case of gift
        taxes, or
          (4) $10,000 for any one taxable period or, if there is no
        taxable period, for any taxable event in the case of excise
        taxes under Code Chapter 41, 42, 43, or 44 (taxes on certain
        organizations and persons dealing with them) or under Code
        Chapter 45 (windfall profit tax);
        (b) The petitioner has made a request in accordance with Rule
      172 to have the proceedings conducted under Code Section 7463;
      and
        (c) The Court has not issued an order in accordance with Rule
      172(c) or Rule 173, discontinuing the proceedings in the case
      under Code Section 7463.
                             INTERIM AMENDMENT
        For interim amendment of this Rule, see provisions set out
      after the Appendices to the Rules.