CFR > Title 26 - Internal Revenue > CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY > SUBCHAPTER A—INCOME TAX (Parts 1–19) > PART 1—INCOME TAXES > 1.381(c)(24)-1—Work incentive program credit carryovers in certain corporate acquisitions.

1.381(c)(24)-1—Work incentive program credit carryovers in certain corporate acquisitions.

The computation of carryovers and carrybacks of unused WIN credits in a transaction to which section 381 applies shall be made under the principles of § 1.381(c)(23)-1 (relating to the computation of carryovers and carrybacks of unused investment credits), except that the provisions of paragraph (c)(4) and paragraph (e)(6), (7), and (8) of such section shall not apply.

Code of Federal Regulations

(Secs. 381(c)(23), 76 Stat. 971 ( 26 U.S.C. 381(c)(23), 381(c)(24) ) 85 Stat. 557 ( 26 U.S.C. 381(c)(24) ), 7805, 68A Stat. 917 ( 26 U.S.C. 7805 ))

Code of Federal Regulations

[T.D. 7289, 38 FR 30557, Nov. 6, 1973]