Readjustment of Tax Between Years and Special Limitations
§ 1.1313(a)-2 Closing agreement as a determination.
26 C.F.R. Part 1 — Income Taxes · 2026 edition · updated 2026-10-04 · United States
A determination may take the form of a closing agreement authorized by section 7121. Such an agreement may relate to the total tax liability of the taxpayer for a particular taxable year or years or to one or more separate items affecting such liability. A closing agreement becomes final for the purpose of this section on the date of its approval by the Commissioner.
[T.D. 6500, 25 FR 12036, Nov. 26, 1960]
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