---
kind: "section"
citation: "26 U.S.C. § 546"
title: "26"
title_heading: "Internal Revenue Code"
number: "546"
heading: "Income not placed on annual basis"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/546"
units:
  - "Subtitle A — Income Taxes"
  - "Chapter 1 — Normal Taxes and Surtaxes"
  - "Subchapter G — Corporations Used to Avoid Income Tax on Shareholders"
  - "Part II — Personal Holding Companies"
---

# §546. Income not placed on annual basis


[Section 443(b)](/usc/26/443.md?p=b) (relating to computation of tax on change of annual accounting period) shall not apply in the computation of the [personal holding company](/usc/26/542.md?p=a) tax imposed by section 541.


## Source credit

(Aug. 16, 1954, ch. 736, 68A Stat. 191.)