(a) General ruleIf the amount distributed during the taxable year of the payee under any qualified retirement plan or any eligible deferred compensation plan (as defined in section 457(b)) is less than the minimum required distribution for such taxable year, there is hereby imposed a tax equal to 25 percent of the amount by which such

(a) The consolidated section 1231 net gain or loss for the taxable year shall be determined by taking into account the aggregate of the gains and losses to which section 1231 applies of the members of the group for the consolidated return year. Section 1231 gains and losses on intercompany transactions shall be reflected as provided in §1.1502-13. Section 1231 losses

; (B) use in the manufacture of ether, chloroform, or other definite chemical substance where such distilled spirits are changed into some other chemical substance and do not appear in the finished product; or (C) any other use in the arts and industries (except for uses prohibited by section 5273(b) or (d)) and for fuel, light

(a) General ruleIf— (1) a United States person sells or exchanges stock in a foreign corporation, and (2) such person owns, within the meaning of section 958(a), or is considered as owning by applying the rules of ownership of

In applying this section and §§1.401(a)(26)-1 through 1.401(a)(26)-9 the definitions in this section govern unless otherwise provided. Collective bargaining agreement. Collective bargaining agreement means an agreement that the Secretary of Labor finds to be a collective bargaining agreement between employee representatives and the employer that satisfies

(a) Notified person. Under 26 U.S.C. 7609(a), the Bureau must give a notice of summons to any person, other than the person summoned, who is identified in the description of the books and records contained in the summons in order that such person may contest the right of the Bureau to examine the summoned records by instituting a

(a) In generalThis part shall apply to— (1) any organization exempt from tax under section 521 (relating to exemption of farmers' cooperatives from tax), and (2) any corporation operating on a cooperative basis other than an organization—

summons is issued or an officer, employee, agent, accountant, or attorney of such person who, at the time the summons is served, is acting as such. (c) Summons to which section appliesThis section applies with respect to any summons authorized under section 6420(e)(2), 6421(g)(2), 6427(j)(2), or 7602.

notice of manufacture, or for setting up a still without first giving notice, when required by the Secretary, see sections 5615(2) and 5687. (2) For penalty and forfeiture for failure to register still or distilling apparatus when set up, see section 5601(a)(1) and 5615(1).

(a) Dividends from 10-percent owned foreign corporations (1) In generalIn the case of dividends received by a corporation from a qualified 10-percent owned foreign corporation, there shall be allowed as a deduction an amount equal to the percent (specified in section 243 for the taxable

(a) Reduction in amount allowed as foreign tax under section 901In applying section 901, the amount of any foreign oil and gas taxes paid or accrued (or deemed to have been paid) during the taxable year which would (but for this subsection

(a) GeneralThe distiller or importer of distilled spirits shall be liable for the taxes imposed thereon by section 5001(a)(1). (b) Domestic distilled spirits (1) Liability of persons interested in distillingEvery proprietor or possessor

(a) General rule. Except as otherwise provided in this section, §§1.403(b)-1 through 1.403(b)-10 apply for taxable years beginning after December 31, 2008. (b) Collective bargaining agreements. In the case of a section 403(b) plan maintained pursuant to

(a) In general. Title 26 U.S.C. 7425(b) contains provisions with respect to the effect on the interest of the United States in property in which the United States has or claims a lien, or a title derived from the enforcement of a lien, of a sale made pursuant to: (1) An instrument creating a lien on

Sections 1.1446-1 through 1.1446-5 shall apply to partnership taxable years beginning after May 18, 2005. However, a partnership may elect to apply all of the provisions of §§1.1446-1 through 1.1446-5 to partnership taxable years beginning after December 31, 2004. A

(a) In generalThe credit allowed by section 3131 and the credit allowed by section 3132 shall each be increased by the amount of the taxes imposed by subsections (a) and (b) of