Rev. Rul. 55-371

Section 6033 of the Internal Revenue Code of 1954 provides, in effect, that every organization, with certain exceptions, exempt from taxation under section 501(a) of the Code, shall file an annual return stating specifically the items of gross income, receipts, disbursements, and other information. These returns are required to be filed on or before the 15th day of the 5th month following the close of the annual accounting period.

Pursuant to the authority contained in section 6081(a) of the Code, employees' trusts qualified under section 401(a) of the Code and exempt under section 501(a), with annual accounting periods beginning after December 31, 1953, and ending on or before May 31, 1955, are granted an extension of time until November 15, 1955, in which to file Form 990-P, U.S. Return of Employees' Trust Described in Section 401(a) and Exempt Under Section 501(a) of the Internal Revenue Code of 1954.

/*/ Based on IR News Release No. IR-109, dated March 28, 1955