{"data":{"id":"us/26-cfr-1.461-6","jurisdiction":"us","citation":"26 CFR 1.461-6","heading":"-6 Economic performance when certain liabilities are assigned or are extinguished by the establishment of a fund.","body":"(a) Qualified assignments of certain personal injury liabilities under section 130. In the case of a qualified assignment (within the meaning of section 130(c)), economic performance occurs as a taxpayer-assignor makes payments that are excludible from the income of the assignee under section 130(a).\n(b) Section 468B. Economic performance occurs as a taxpayer makes qualified payments to a designated settlement fund under section 468B, relating to special rules for designated settlement funds.\n(c) Payments to other funds or persons that constitute economic performance. [Reserved]\n(d) Effective dates. The rules in paragraph (a) of this section apply to payments after July 18, 1984.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—INCOME TAX","PART 1—INCOME TAXES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"717189e9cabaf9318616af7c328978fcd83863433a4e5f36c865eaf896214991","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-1.461-5","next":"us/26-cfr-1.465-1t"},"notice":"GroundRules: Original legal text. Not legal advice."}