WTC Records Folder 0123 Clippings label, Sept 2001

NYC 9/11 Public Portal Document MAP-17-2000 04:24 P.06/07

claim for credit or refund is timely filed (determined after the

application of such subdivision a), for the purposes of

determining the interest due to such taxpayer on an overpayment

of tax on which interest is allowed by any rovision of this

title:

1. Such return, amended return or claim shall be deemed to

have been filed on the last day preceding any period disregarded

pursuant to such subdivision a, and

2. If such overpayment is refunded or credited within three

months after such return, amended return or claim is filed

(determined without the application of paragraph 1 of this

subdivision b), then no interest shall be allowed for a period of

three months from the date such return, amended return or claim of is deemed to be filed after the application of paragraph 1

this subdivision b.

c. Presidentially declared disaster. For purposes of this

section, the term "presidentially declared disaster" means an

disaster which, with respect to an area, resulted in a subsequent

determination by the president of the United States that such

area warrants assistance by the federal government under the

disaster relief and emergency assistance act.

d. Notwithstanding anything contained in this title to the

contrary, subdivisions a and b of this section shall not apply to

any person who files a return amended return or claim for credit

or refund containing a material misrepresentation of fact in

connection with claiming the benefits of this section with the

NYC-WTC 000137062