# 26 C.F.R. § 54.4975-12 (2026): Definition of the term “qualifying employer security”

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T26_P54_S54_4975_12

## Section

- **Citation:** 26 C.F.R. § 54.4975-12 (2026)
- **Heading:** Definition of the term “qualifying employer security”
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 26 CFR: Internal Revenue / Chapter I: INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY / Part 54: PENSION EXCISE TAXES / § 54.4975-12: § 54.4975-12   Definition of the term “qualifying employer security”.

## Text

(a)
In general.
For purposes of section 4975(e)(8) and this section, the term “qualifying employer security” means an employer security which is:
(1) Stock or otherwise an equity security, or
(2) A bond, debenture, note, or certificate or other evidence of indebtedness which is described in paragraphs (1), (2), and (3) of section 503(e).
(b)
Special rule.
In determining whether a bond, debenture, note, or certificate or other evidence of indebtedness is described in paragraphs (1), (2), and (3) of section 503(e), any organization described in section 401(a) shall be treated as an organization subject to the provisions of section 503.
(Sec. 4975(e)(7) (88 Stat. 976; 26 U.S.C. 4975(e)(7)))
[T.D. 7506, 42 FR 44394, Sept. 2, 1977]

## Nearby sections

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T26_P54_S54_4975_12. Check the current official text before relying on it. Not legal advice.