(a) General. A proprietor must keep a tank summary record for spirits of 190° or more of proof held in storage tanks. The record must show the proof gallons deposited into, withdrawn from, and remaining in the tanks in the storage account. The proprietor must prepare a separate tank summary record for each kind of spirits of 190° or more of proof. The proprietor must make an entry for each day on which a transaction occurs, and

trust. For purposes of this section, a distribution to a trust with respect to an interest held by such trust in an entity other than a trust or an interest in certain investment trusts described in §301.7701-4(c) of this chapter, liquidating trusts described in §301.7701-4(d) of this chapter, or

in section 1388(f)). (b) Patronage dividends and per-unit retain allocationsIn determining the taxable income of an organization to which this part applies, there shall not be taken into account amounts paid during the payment period for the taxable year— (1) as patronage dividends (as defined in

§56.4911-3   Expenditures for direct and/or grass roots lobbying communications. (a) Definition of term “expenditures for”. (1) In general. (2) Allocation of mixed purpose expenditures. (3) Allocation of mixed lobbying. (b) Examples. (c) Certain transfers treated as lobbying expenditures. (1) Transfer earmarked for grass roots

payment of reportable death benefits subject to the reporting requirements of section 6050Y and §§1.6050Y-1 through 1.6050Y-4, §1.101-1(b) through (g) apply to reportable policy sales made after December 31, 2018, and to reportable death benefits paid after December 31, 2018. For any other purpose

such portion of the total tax paid as the value of such property bears to the taxable estate. If there is more than one such person, the executor shall be entitled to recover from such persons in the same ratio. In the case of such property received by the surviving spouse of the decedent for which a deduction is allowed under section 2056 (relating to marital deduction), this section shall not apply to

§1.1502-43. All of the taxes on corporations under chapter 1 of the Code are treated as one tax for purposes of assessment, collection, payment, period of limitations, etc. See section 535 and §§1.535-1, 1.535-2, and 1.535-3 for the definition and determination of accumulated taxable income. (Secs. 1502 and 7805

engages in the business of a distiller or processor without having filed application for and received notice of registration, as required by section 5171(c); or (3) False or fraudulent applicationengages, or intends to engage, in the business of distiller, warehouseman, or processor of distilled spirits, and files a false or fraudulent

(a) In general. If, in the case of an eligible air carrier, the quarterly return required under §40.6011(a)-1(a) for the third calendar quarter of 2001 includes tax imposed by subchapter C of chapter 33— (1) The requirements of §40.6071(a)-2 as in effect on August 7, 2001, do not apply

(a) Exempt sales. No credit or payment shall be allowed or made under §48.6421-1 or §48.6421-2 with respect to gasoline which was exempt from the tax imposed by section 4081. For example, credit or payment may not be allowed or

, the exemption under section 4221(a)(2) applies to the vaccine tax only to the extent provided in §48.4221-3(e) (relating to tax-free sales of vaccine for export). (vi) The exemptions under section 4221(a) apply only in those cases where the exportation or use referred to is to occur before any other use. (vii) The

(3) no requirement to make deposits (or to pay installments under section 6157) shall apply with respect to such taxes. (b) Domestic service employment taxes subject to estimated tax provisions (1) In generalSolely for purposes of

Secretary in a church tax examination for examination of church records or religious activities is pending or being appealed, or (iii) the Secretary is unable to take actions with respect to the church tax inquiry or examination by reason of an order issued in any judicial proceeding brought under section 7609, (B) for any period

intercompany sale as an intercompany transaction. For this purpose: (i) The matching and acceleration rules of §1.1502-13 (c) and (d), the definitions and operating rules of §1.1502-13 (b) and (j), and the simplifying rules of

For regulations concerning the discharge of an executor from personal liability for a decedent's income and gift taxes, see §301.6905-1 of this chapter (Regulations on Procedure and Administration). [T.D. 7238, 37 FR 28725, Dec. 29, 1972]

For regulations concerning the discharge of an executor from personal liability for a decedent's income and gift taxes, see §301.6905-1 of this chapter (Regulations on Procedure and Administration). [T.D. 7238, 37 FR 28738, Dec. 29, 1972]

Pub. L. 85–475, §4(a), June 30, 1958, 72 Stat. 260. For effective date of repeal, see section 4(c) of Pub. L. 85–475, set out as an Effective Date of 1958 Amendment note under section 6415 of this title.

). (3) Constructive sale price in case of certain articlesExcept as provided in paragraph (4), for purposes of paragraph (1), if— (A) the manufacturer, producer, or importer of an article regularly sells such article to a distributor which is a member of the same affiliated group of corporations (as defined in section