Section, acts Oct. 16, 1962, Pub. L. 87-834, Section 7(e), 76 Stat. 986; Dec. 30, 1969, Pub. L. 91-172, title III, Section 331(a), 83 Stat. 596, related to the treatment of capital gain deemed distributed in preceding years.

Effective Date of Repeal

Repeal applicable to distributions made in taxable years beginning after Dec. 31, 1975, see section 701(h) of Pub. L. 94-455, set out as an Effective Date of 1976 Amendment note under section 667 of this title.

Subpart E - Grantors and Others Treated as Substantial Owners

Sec.

671.

Trust income, deductions, and credits attributable to grantors and others as substantial owners.

672.

Definitions and rules.

673.

Reversionary interests.

674.

Power to control beneficial enjoyment.

675.

Administrative powers.

676.

Power to revoke.

677.

Income for benefit of grantor.

678.

Person other than grantor treated as substantial owner.

679.

Foreign trusts having one or more United States beneficiaries.

Amendments

1976 - Pub. L. 94-455, title X, Section 1013(e)(1), Oct. 4, 1976, 90 Stat. 1616, added item 679.