Section 1146 of title 11 specifies five subsections which embody special tax provisions that apply in a case under chapter 11 of title 11. Subsection (a) indicates that the tax year of an individual debtor terminates on the date of the order for relief under chapter 11.U.S. Code. TITLE 1 - GENERAL PROVISIONS. TITLE 2 - THE CONGRESS. TITLE 3 - THE PRESIDENT. TITLE 4 - FLAG AND SEAL, SEAT OF GOVERNMENT, AND THE STATES. TITLE 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES. TITLE 5a - FEDERAL ADVISORY COMMITTEE ACT. TITLE 6 - DOMESTIC SECURITY. TITLE 7 - AGRICULTURE.
The provisions dealing with an involuntary case are derived from former Bankruptcy Rule 108. Under the Code, a chapter 11 case may be commenced by an involuntary petition (§303(a)), whereas under the Act, a Chapter XI case could have been commenced only by a voluntary petition.
Chapter 11 of the House amendment is derived in large part from chapter 11 as contained in the House bill. Unlike chapter 11 of the Senate amendment, chapter 11 of the House amendment does not represent an extension of chapter X of current law [chapter 10 of former title 11 SuoAwD.