Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If an entity becomes an * incapacitated entity, the entity's tax period at the time is taken to have ended at the end of the day before the entity became incapacitated.
(2) If a tax period (the first tax period ) ends on a particular day because of subsection (1), the next tax period starts on the day after that day and ends when the first tax period would have ended but for that subsection.