The manufacturer of tobacco products and cigarette papers and tubes shall be liable for the taxes imposed thereon by 26 U.S.C. 5701: Provided, That when tobacco products, and cigarette papers and tubes are transferred, without payment of tax, pursuant to

(b) Where amount depends on income or profits of any person. Except as provided in paragraph (d) of this section, any amount received or accrued, directly or indirectly, with respect to an obligation is not includable as interest for purposes of section 856(c) (2)(B) and (3)(B) if, under the principles set forth in paragraphs (b)(3) and (6)(i) of §1.856-4

(a) Sections 1.707-3 through 1.707-6—(1) In general. Except as otherwise provided in this paragraph (a), §§1.707-3 through 1.707-6 apply to any transaction with respect to which all transfers

(a) In general. Except as otherwise provided in §§1.752-1 through 1.752-4, unless a partnership makes an election under paragraph (b)(1) of this section to apply the provisions of §§1.752-1 through 1.752-4 earlier,

change or removal, shall be registered with the Secretary, under regulations to be prescribed by the Secretary. (b) RegistrationFor registration in case of wagering, see section 4412. Editorial

(a) Scope. These transition rules shall apply to any taxpayer that is an owner of a section 987 QBU pursuant to §1.987-1(b)(4) on the transition date (as defined in §1.987-11(c)). Except as provided in paragraph (c) of this section

without profit, there shall be allowed a deduction for a reasonable addition to a reserve for bad debts. Such deduction shall be in lieu of any deduction under section 166(a). (2) Organization must meet 60-percent asset test of section

(a) General ruleA distribution of property made by an S corporation with respect to its stock to which (but for this subsection) section 301(c) would apply shall be treated in the manner provided in subsection (b) or (c), whichever applies. (b) S corporation having no earnings and profits

(a) Treatment as expensesNotwithstanding section 263, there shall be allowed as a deduction any domestic research or experimental expenditures which are paid or incurred by the taxpayer during the taxable year. (b) Domestic research or experimental expendituresFor purposes of this

collected as a part of such taxes) imposed because of such decedent's death, and (2) the amount of funeral and administration expenses allowable as deductions to the estate under section 2053 (or under section 2106 in the case of the estate of a decedent nonresident, not a

taxable under section 831. (h) Treatment of deficiency reservesFor purposes of this section and section 842(b)(2)(B)(i), the terms "life insurance reserves" and "total reserves" shall not include deficiency reserves.

case a mandate has been recalled prior to the expiration of 30 days from the date of issuance thereof, means the final mandate. (b) Nonreviewable decisionsThe decision of the Tax Court in a proceeding conducted under section 7436(c) or 7463 shall become final upon the expiration of 90 days after the decision is entered.

(a) Allowance of creditFor purposes of section 38, the nonconventional source production credit determined under this section for the taxable year is an amount equal to— (1) $3, multiplied by (2) the barrel-of-oil equivalent of qualified fuels—

(a) Investments. Section 403(b) and §1.403(b)-3(a) only apply to amounts held in an annuity contract (as defined in §1.403(b)-2), including a custodial account that is treated as an annuity contract under paragraph (d

(b) Deductions, etc. allocable to excluded amounts not allowableAn individual shall not be allowed— (1) as a deduction from gross income any deductions (other than the deduction under section 151, relating to personal exemptions), or (2) any credit,

(a) In general. Every employer who is required to make a return of tax under §31.6011(a)-1 (relating to returns under the Federal Insurance Contributions Act), §31.6011(a)-4 (relating to returns of income tax

All of the provisions of the internal revenue laws not inconsistent with the provisions of 26 U.S.C. Chapter 53 shall be applicable with respect to the taxes imposed by 26 U.S.C. 5801, 5811, and 5821 (see