geographical sense included such possession. (3) Other laws relating to possessionsThis section shall apply notwithstanding any other provision of law relating to any possession of the United States. (4) Virgin Islands (A) For purposes of this section, the reference in section 28(a)

(a) General ruleExcept as otherwise provided in this section, the net direct interest expense with respect to any market discount bond shall be allowed as a deduction for the taxable year only to the extent that such expense exceeds the portion of the market discount allocable to the days during the taxable year on which such bond was held by the taxpayer (as determined under the rules of

) Cross referenceFor rules relating to procedures for determining the tax treatment of partnership items see subchapter C of chapter 63 (section 6221 and following). Editorial Notes

Publicity (APR 1984) (a) The Contractor agrees to notify and obtain the verbal approval of the on-scene coordinator (or Contracting Officer's Representative) prior to releasing any information to the news media regarding the removal or remedial activities being conducted under this contract. (b) It is also agreed that the Contractor shall acknowledge EPA support whenever the work funded in whole or in part by this

§1.6073-2. A special rule applies to nonresident aliens who do not have wages subject to withholding under Chapter 24 of the code and are not treated as residents under section 6013 (g) or (h) of the code. For taxable years beginning after December 31, 1976, these aliens are not required to file a declaration of estimated tax before June 15th. (b) Farmers or fishermen—(1)

(a) In general. The Act of September 26, 1961 (Pub. L. 87-312, 75 Stat. 674), provides that certain taxpayers may elect to apply the provisions thereof to all taxable years beginning before January 1, 1961, with respect to which the election is effective. The Act prescribes special rules for the application of section 613 (a) and (c) of the Internal Revenue Code of 1954 (and corresponding provisions of the Internal Revenue Code

provided in this section, and subject to the applicable effective dates for the corresponding statutory provisions, an issuer may apply the provisions of §§1.148-1 through 1.148-11 in whole, but not in part, to any issue that is outstanding on July 8, 1997, and is subject to section 148(f) or to sections 103(c)(6) or 103A(i) of the Internal Revenue Code of 1954, in lieu of otherwise applicable

individual and that individual's beneficiaries. (b) For purposes of applying the required minimum distribution rules in §§1.401(a)(9)-1 through 1.401(a)(9)-9 and 1.401(a)(9)-6 for qualified plans, the IRA trustee, custodian, or issuer is treated as the plan administrator, and the IRA owner is substituted for the employee. (c) See A-14 and A-15 of

the case of oil and gas wells, the taxpayer may, however, for taxable years beginning before January 1, 1964, treat any operating mineral interests as if section 614 (a) and (b) (as it existed prior to its amendment by section 226(a) of the Revenue Act of 1964) had not been enacted. If any operating mineral interests are so treated, the rules contained in §1.614-2 are not applicable to such

for the assessment of the tax in section 6501) shall notify the executor of the amount of the tax. The executor, on payment of the amount of which he is notified (other than any amount the time for payment of which is extended under sections 6161, 6163, or 6166), and on furnishing any bond which may be

purposes of subsection (a)— (1) In generalThe term "disqualified benefit" means— (A) any post-retirement medical benefit or life insurance benefit provided with respect to a key employee if a separate account is required to be established for such employee under section 419A(d) and such payment is not from such

. (2) Modernization activities. For PHAs that receive Capital Fund assistance, the execution of each new CF ACC Amendment establishes an additional 20-year period that begins on the latest date on which modernization is completed, except that the additional 20-year period does not apply to a project that receives Capital Fund assistance only for management improvements. (3)

sources within the United States, from the sale or exchange at any time during such year of capital assets. For purposes of this paragraph, gains and losses shall be taken into account only if, and to the extent that, they would be recognized and taken into account if such gains and losses were effectively connected with the conduct of a trade or business within the United States, except that such gains and losses shall be determined without regard to

(2) Eligible TAA recipient (A) In generalExcept as provided in subparagraph (B), the term "eligible TAA recipient" means, with respect to any month, any individual who is receiving for any day of such month a trade readjustment allowance under chapter 2 of title II of the Trade Act of 1974 or who would be eligible to receive such allowance if

§20.2031-5   Valuation of cash on hand or on deposit. §20.2031-6   Valuation of household and personal effects. §20.2031-7   Valuation of annuities, interests for life or term of years

Section 5688 shall be applicable to the disposition of imported spirits. (c) Cross references (1) For authority of the Secretary to make determinations and assessments of internal revenue taxes and penalties, see section 6201(a). (2) For authority to assess tax on distilled spirits not bonded, see

then such assumption (in the total amount of the liability assumed pursuant to such exchange) shall, for purposes of section 351 or 361 (as the case may be), be considered as money received by the taxpayer on the exchange. (2) Burden of proofIn any suit or proceeding where the burden is on the taxpayer to prove such assumption is not

(a) Initial certificationsNot later than 10 days after the candidates of a political party for President and Vice President of the United States have met all applicable conditions for eligibility to receive payments under this chapter set forth in section 9003, the Commission shall certify to the Secretary of the Treasury for payment

material to any distilled spirits plant on which such a sign is not placed and kept, shall forfeit all vehicles, aircraft, or vessels used in carrying or conveying such property and shall be fined not more than $1,000, or imprisoned not more than 1 year, or both. (d) PresumptionWhenever on trial for violation of subsection (c) by working in a distilled spirits plant on which no sign required by

tracking report under section 6226(b)(4)(A), for any taxable year— (1) fails to file such return, or such report, at the time prescribed therefor (determined with regard to any extension of time for filing), or (2) files a return or a report which fails to show the information required under

(a) General ruleEvery person who for the calendar year is an employer (as defined in section 3306(a)) shall— (1) if the person is such an employer for the preceding calendar year (determined by only taking into account wages paid and employment during such preceding calendar year), compute the tax

, by trust or otherwise, within the meaning of sections 2035 to 2038, inclusive, shall be deemed to be situated in the United States, if so situated either at the time of the transfer or at the time of the decedent's death. (c) Debt obligationsFor purposes of this subchapter, debt obligations of— (1) a United States