Exhibit 455 ยท Statute
26 U.S.C. 4958 (Excess benefit transactions)
there is hereby imposed on each excess benefit transaction a tax equal to 25 percent of the excess benefit.
25 percent tax on disqualified person, 10 percent on managers, 200 percent if uncorrected.
- Source
- U.S. Code
- Date
- current
- Quoted from
- (a)(1)
- Grade
- Primary record
- Document
- https://www.law.cornell.edu/uscode/text/26/4958
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit