<section xmlns="http://xml.house.gov/schemas/uslm/1.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" status="repealed" style="-uslm-lc:I80" id="idd5314dc7-ec38-11e5-b392-8d08e13c1552" identifier="/us/usc/t26/s342"><num value="342">[§ 342.</num><heading> Repealed. <ref href="/us/pl/94/455/tXIX">Pub. L. 94–455, title XIX</ref>, § 1901(a)(47), <date date="1976-10-04">Oct. 4, 1976</date>, <ref href="/us/stat/90/1772">90 Stat. 1772</ref>]</heading><notes type="uscNote" id="idd5314dc8-ec38-11e5-b392-8d08e13c1552">
<note topic="removalDescription" id="idd5314dc9-ec38-11e5-b392-8d08e13c1552">
<p style="-uslm-lc:I21" class="indent0">Section, <ref href="/us/act/1954-08-16/ch736">act Aug. 16, 1954, ch. 736</ref>, <ref href="/us/stat/68A/110">68A Stat. 110</ref>, related to liquidation of certain foreign personal holding companies.</p>
</note>
<note style="-uslm-lc:I74" topic="effectiveDate" id="idd5314dca-ec38-11e5-b392-8d08e13c1552"><heading class="centered smallCaps">Effective Date of Repeal</heading><p style="-uslm-lc:I21" class="indent0">Repeal effective for taxable years beginning after <date date="1976-12-31">Dec. 31, 1976</date>, see <ref href="/us/pl/94/455/s1901/d">section 1901(d) of Pub. L. 94–455</ref>, set out as an Effective Date of 1976 Amendment note under <ref href="/us/usc/t26/s2">section 2 of this title</ref>.</p>
</note>
</notes>
</section>