such 60-day period, a resolution disapproving such order. For purposes of the preceding sentence, the continuity of a session of Congress is broken only by an adjournment of the Congress sine die, and the days on which either House is not in session because of an adjournment of more than 3 days to a day certain are excluded in the computation of such 60-day period. Any person with whom an order is placed pursuant to the provisions of this section shall be advised that such order is placed pursuant

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

(a) Addition to the taxExcept as otherwise provided in this section, in the case of any underpayment of estimated tax by an individual, there shall be added to the tax under chapter 1, the tax under chapter 2, and the tax under chapter 2A for the taxable year an amount determined by applying— (1) the underpayment rate established under

(a) Limitation to amount at risk (1) In generalIn the case of— (A) an individual, and (B) a C corporation with respect to which the stock ownership requirement of paragraph (2) of section 542(a) is met,

(a) General rule (1) TrustsA trust which is a part of a pension, profitsharing, or stock bonus plan shall not constitute a qualified trust under section 401(a) if— (A) in the case of a defined benefit plan, the plan provides for the payment of

Unless otherwise provided, the definitions of this section govern for purposes of section 401(k) and the regulations thereunder. Actual contribution percentage (ACP) test. Actual contribution percentage test or ACP test means the test described in

§31.6011(a)-4 or §31.6011(a)-5 of this chapter (Employment Tax Regulations), or under §1.6041-2 (relating to return of information as to payments to employees), such employer may make

(1) Section 931, relating to income tax on residents of Guam, American Samoa, or the Northern Mariana Islands; (2) Section 933, relating to income tax on residents of Puerto Rico.

(a) through (b)(3) [Reserved]. For further guidance, see §1.987-6(a) through (b)(3). (4) Source of section 987 gain or loss with respect to a dollar QBU. The source of section 987 gain or loss with respect to a dollar QBU (as defined in

other qualified real estate investment trusts. The term “mortgages on real property” includes deeds of trust on real property. (2) Treatment of REMIC interests as real estate assets—(i) In general. If, for any calendar quarter, at least 95 percent of a REMIC's assets (as determined in accordance with

(a) General ruleExcept as provided in subsections (b) and (c) and in sections 6306, 7651, 7652, 7654, and 7810, the gross amount of all taxes and revenues received under the provisions of this title, and collections of whatever nature received or collected by authority of any internal revenue law, shall be paid daily into the Treasury

(a) Definitions. For purposes of section 901(m), this section, and §§1.901(m)-2 through 1.901(m)-8, the following definitions apply: (1) The term aggregate basis difference means, with respect to a foreign income tax and a foreign payor, the sum of the

(a) General ruleAn organization which— (1) was exempt (or was determined by the Secretary to be exempt) from taxation under section 501(a) by reason of being an organization described in section 501(c)(3)

section 5362(b), the liability for payment of the tax shall become the liability of the transferee from the time of removal of the wine from the transferor's premises, and the transferor shall thereupon be relieved of such liability; and (B) in the case of any wine withdrawn by a person other than such proprietor without payment of tax as authorized under the provisions of

, 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