(a) Corporate reorganizations, liquidations, etc.For purposes of this part, the term "issuing or assuming a stock option in a transaction to which section 424(a) applies" means a substitution of a new option for the old option, or an assumption of the old option, by an employer corporation, or a parent or subsidiary of such corporation

administrator visit, a sample of each certified product shall be selected by the administrator for testing for compliance with the applicable standards in a laboratory which has been accredited under the National Voluntary Laboratory Accreditation Program. (2) The administrator shall visit the manufacturer's facility two times a year to assure that the initially accepted quality control procedures are being followed. [48 FR

"tested loss" means, with respect to any controlled foreign corporation for any taxable year of such controlled foreign corporation, the excess (if any) of the amount described in subparagraph (A)(ii) over the amount described in subparagraph (A)(i). (ii) Coordination with subpart F to deny double benefit of lossesSection 952(c)(1)(A) shall be

this paragraph for any taxable year if 90 percent or more of the gross income of such partnership for such taxable year consists of qualifying income. (3) Exception not to apply to certain partnerships which could qualify as regulated investment companiesThis subsection shall not apply to any partnership which would be described in section 851(a) if

26 U.S.C. 6901(a) to the liability of a transferee referred to in paragraph (a)(1) of this section, include the provisions relating to: (i) Delinquency in payment after notice and demand and the amount of interest attaching because of such delinquency; (ii) The authorization of distraint and proceedings in court for collection; and

determination of depreciation deduction in case of property to which section 168 applies, see section 168. (c) Basis for depreciation (1) In generalThe basis on which exhaustion, wear and tear, and obsolescence are to be

of such payments and the payments of such basic benefits to the greater of the resource benefit level or the level of basic benefits, unless an alternative procedure is prescribed by the Pension Benefit Guaranty Corporation under section 4022A(g)(5) of the Employee Retirement Income Security Act of 1974. (b) DefinitionsFor purposes of this section

(a) Distilled spirits tax. 26 U.S.C. 5001 and 7652 impose a tax on all distilled spirits produced in, or imported into or brought into, the United States at the rate prescribed in section 5001 on each proof gallon and a proportionate tax at a like rate on all fractional parts of a proof gallon. For the current rate of tax see

controlled foreign corporation. For purposes of this section, a United States person shall be treated as having sold or exchanged any stock if, under any provision of this subtitle, such person is treated as realizing gain from the sale or exchange of such stock. (b) Limitation on tax applicable to individualsIn the case of an individual, if the stock sold or exchanged is a capital asset (within the meaning of

Cross references. For provisions relating to the protection afforded a security interest arising after tax lien filing, which interest is covered by a commercial transactions financing agreement, real property construction or improvement financing agreement, or an obligatory disbursement agreement, see §§301.6323(c)-1, 301.6323(c)-2, and 301.6323(c)-3, respectively. For

(a) In general (1) Tires and taxable fuelWhere before October 1, 2028, any article subject to the tax imposed by section 4071 or 4081 has been sold by the manufacturer, producer, or importer and on such date is held by a dealer and has not been used and is intended for sale, there shall

, §§3101, 3102, 3111, 3112, 3121 to 3128, 68A Stat. 415, which is classified generally to chapter 21 (§3101 et seq.) of this title. For complete classification of this Act to the Code, see section 3128 of this title and Tables. Amendments 1990—Subsec. (a)(2), (3). Pub. L

does not exceed $2,400." 2009—Subsec. (c). Pub. L. 111–5 added subsec. (c). 1986—Subsec. (a). Pub. L. 99–514 substituted "General rule" for "In general" in heading and amended text generally. Prior to amendment, text read as follows: "If the sum for the taxable year of the adjusted gross income of the taxpayer (determined without regard to this section,

section 6621" for "an annual rate established under section 6621". 1975—Pub. L. 93–625 substituted "an annual rate established under section 6621" for "the rate of 6 percent per annum".

contract purchased by a section 501(c)(3) organization or a public school. §1.403(b)-2   Definitions. (a) Application of definitions. (b) Definitions. §1.403(b)-3   Exclusion for contributions to purchase section 403(b) contracts

general. (i) Section 704(c). (ii) Section 704(b). (2) Example. (d) Special rules for transfers of partnership interests, distributions of partnership assets, and assumptions of the §1.752-7 liability after a §1.752-7 liability transfer. (1) In general. (2

section 5206(d), (4) place any distilled spirits in any bottle, or reuse any bottle for the purpose of containing distilled spirits, which has once been filled and fitted with a closure or other device under the provisions of this chapter, without removing and destroying such closure or other device, (5) willfully and unlawfully remove, change, or deface any mark, brand, label, or seal

, in the case of a plan of an eligible employer described in subsection (e)(1)(A), and (B) is paid or otherwise made available to the participant or other beneficiary, in the case of a plan of an eligible employer described in subsection (e)(1)(B). (2) Special rule for rollover amountsTo the extent provided in section 72

(2) Coordination with apportionment rule. For special rules relating to apportionment of a consolidated section 382 limitation (or a subgroup section 382 limitation) when one or more corporations cease to be members of a loss group (or a loss subgroup) and to aggregation of amounts so apportioned, see §1.1502-95A(c).

), and (g)(6) apply to claims for reasonable administrative costs filed with the Internal Revenue Service after December 23, 1992, with respect to costs incurred in administrative proceedings commenced after November 10, 1988. Section 301.7430-2(c)(5) is applicable to costs incurred and services performed in cases in which the petition was filed on or after March 1, 2016, except for the last two

shall be preserved for such period as the Secretary shall by regulations prescribe, and shall be kept available for inspection by any internal revenue officer during business hours. (b) Cross references (1) For the definition of distilled spirits, see section 5002(a)(8). (2) For the definition of

to the application of sections 4978 and 4979A with respect to such employer or cooperative. (4) 3-year holding periodThe taxpayer's holding period with respect to the qualified securities is at least 3 years (determined as of the time of the sale). (c) Definitions; special rulesFor purposes of this

"Failure to file returns or supply information by DISC or FSC" for "Failure of DISC to file returns" in section catchline, and in text substituted "section 6011(c)" for "section 6011(e)".