Section 1231 - Special Tax Provisions


Title 11 of the United States Code - Bankruptcy
ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME CHAPTER 12


Special Tax Provisions –Section 1231
11 USCS § 1231



(a) The issuance, transfer, or exchange of a security, or the making or delivery of an instrument of transfer under a plan confirmed under section 1225 of this title [11 USCS § 1225], may not be taxed under any law imposing a stamp tax or similar tax.
 
(b) The court may authorize the proponent of a plan to request a determination, limited to questions of law, by any governmental unit charged with responsibility for collection or determination of a tax on or measured by income, of the tax effects, under section 346 of this title [11 USCS § 346] and under the law imposing such tax, of the plan. In the event of an actual controversy, the court may declare such effects after the earlier of--
   (1) the date on which such governmental unit responds to the request under this subsection; or
   (2) 270 days after such request.
 
(c), (d) [Redesignated].


The US Bankruptcy Code, Title 11 (Bankruptcy) is arranged here in sections for your convenience.  This is the entire Bankruptcy Code and describes in detail Chapter 7 bankruptcy, Chapter 11 bankruptcy, Chapter 13 bankruptcy, and all other sections of the BK Code.  We have provided this to you because Sagaria Law promotes a “knowledge is power” approach to bankruptcy.  You will not see The Bankruptcy Code like this, in its entirety, on other bankruptcy sites.
In addition, our experienced bankruptcy attorneys are available to you in any of our 9 bankruptcy office locations, such as our corporate bankruptcy headquarters located in downtown San Jose. Our South Bay Area bankruptcy law firm provides bankruptcy services to all of Santa Clara County as well as supports our other offices in 9 other counties and locations.  We look forward to working with you!

Attorney Consultation!! $99 Retainer Fee!! Free Bankruptcy Evaluation
Motivation Bills Assets Budget
The law varies from state-to-state — please provide your zip code!

Why are you considering bankruptcy? (select all that apply)









Motivation Bills Assets Budget

What bills do you have? (select all that apply)








Motivation Bills Assets Budget
Do you own real estate ?
If Yes , are you behind in these payments?


Do you own an automobile ?
If Yes , are you behind in these payments?


Do you have any additional assets worth more than $1000.00?
Motivation Bills Assets Budget

What types of income do you have? (select all that apply)






$
Contact Info Your Evaluation

Call For A Consultation

toll free: 1-866-447-8460