§532. Corporations subject to accumulated earnings tax — Inbound Citations

Citations to 26 U.S.C. § 532 as a whole

• 26 U.S.C. § 531

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  In addition to other taxes imposed by this chapter, there is hereby imposed for each taxable year on the accumulated taxable income (as defined in section 535) of each corporation described in section 532, an accumulated earnings tax equal to 20 percent of the accumulated taxable income.
• 26 U.S.C. § 533(a)

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  (a) For purposes of section 532, the fact that the earnings and profits of a corporation are permitted to accumulate beyond the reasonable needs of the business shall be determinative of the purpose to avoid the income tax with respect to shareholders, unless the corporation by the preponderance of the evidence shall prove to the contrary.