Common use of Matters subject to excise taxes Clause in Contracts

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsection, excise taxes and additional taxes, to the extent applicable, are not waived merely because the underlying failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions under □ 4979 is not waived under these correction programs.

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsection, excise taxes and additional taxes, to the extent applicable, are not waived merely because the underlying failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions under □ § 4979 is not waived under these correction programs.

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsectionbelow, excise taxes and additional taxes, to the extent applicable, are not waived merely because the underlying failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions under □ § 4979 is not waived under these correction programs.

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsection, excise taxes and additional taxes, to the extent applicable, are not waived merely because the underlying failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions under □  4979 is not waived under these correction programs.

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsectionbelow, excise taxes and additional taxes, to the extent applicable, are not waived merely because the underlying failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions contribu- tions under □ § 4979 is not waived under these correction programs.

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsection, excise taxes and additional taxes, to the extent applicable, are not waived merely because the underlying failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions under □ . 4979 is not waived under these correction programs.

Matters subject to excise taxes. (1) Except as provided in paragraph (3) of this subsection, excise taxes and additional addi- tional taxes, to the extent applicable, are not waived merely because the underlying underly- ing failure has been corrected or because the taxes result from the correction. Thus, for example, the excise tax on certain excess contributions under □ § 4979 is not waived under these correction programs.