{"data":{"id":"us/26-cfr-1.531-1","jurisdiction":"us","citation":"26 CFR 1.531-1","heading":"-1 Imposition of tax.","body":"Section 531 imposes (in addition to the other taxes imposed upon corporations by chapter 1 of the Code) a graduated tax on the accumulated taxable income of every corporation described in section 532 and § 1.532-1. In the case of an affiliated group which makes or is required to make a consolidated return see § 1.1502-43. All of the taxes on corporations under chapter 1 of the Code are treated as one tax for purposes of assessment, collection, payment, period of limitations, etc. See section 535 and §§ 1.535-1, 1.535-2, and 1.535-3 for the definition and determination of accumulated taxable income.","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":"7adc11f66f8d67dd95035c44a6402596a00fb661465d21a4f048972b59b8f337","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-1.529a-8","next":"us/26-cfr-1.532-1"},"notice":"GroundRules: Original legal text. Not legal advice."}