Consumer Bankruptcy Law and Practice: 26 U.S.C. § 1399. No separate taxable entities for partnerships, corporations, etc.
Except in any case to which section 1398 applies, no separate taxable entity shall result from the commencement of a case under Title 11 of the United States Code.
[Added by Pub. L. No. 96-589, § 3(a)(1), 94 Stat. 3400 (1980).]