§950.203(a)(3), for CFC purposes. The local affiliate must submit a certification from the Chief Executive Officer (CEO) or CEO equivalent of the national organization stating that it operates as a bonafide chapter or affiliate in good standing of the national organization and is covered by the national organization's 26 U.S.C. 501(c)(3) tax exemption

26 U.S.C. 501(a), or an organization that has submitted an application for determination of tax-exempt status under 26 U.S.C. 501(c): (a) General solicitations. A Federal candidate, an individual holding Federal office, or an individual agent acting on

(a) Requirement. A person required to make an information return under section 6042(a)(1) and §1.6042-2 must furnish a statement to each recipient whose identifying number is required to be shown on the related information return for dividend payments. (b) Form and

deduction from his gross income any deductions (other than the deduction for personal exemptions under section 151), or any credit, properly allocable to or chargeable against amounts excluded from gross income under this paragraph. Editorial Notes

may not rely upon it as a basis for failing to withhold under section 1445 of the Internal Revenue Code. Section 1445 provides that any person who acquires a U.S. real property interest from a foreign person after February 16, 2016, must withhold a tax equal to 15 percent (10 percent in the case of dispositions described in §1.1445-1(b)(2)) of the total purchase price. (The term ‘U.S. real property

. See §1.826-4 for rules relating to allocation of expenses. In no case may such an election increase the amount deductible by the reciprocal for amounts paid or due its attorney-in-fact for the taxable year. The election allowed by section 826(a) and this section in effect increases the income of the reciprocal by the net income of the attorney-in-fact attributable to its business with the reciprocal

(a) In general. Withholding of income tax is required under section 3402(o) with respect to payments of supplemental unemployment compensation benefits made after December 31, 1970, which are treated under paragraph (b)(14) of §31.3401(a)-1 as if they were wages. (b)

written statement required under the preceding sentence shall be furnished to the person on or before January 31 of the year following the calendar year for which the return under subsection (a) is required to be made. (d) DefinitionsFor purposes of this section: (1) CashThe term "cash" has the meaning given such term by

property in the hands of the transferee, see §1.1015-4. For the allocation of the adjusted basis of property in the case of a bargain sale to a charitable organization, see §1.1011-2. (2) Examples. The provisions of subparagraph (1

Prior Provisions A prior section 5871, act Aug. 16, 1954, ch. 736, 68A Stat. 729, consisted of provisions similar to those comprising this section, prior to the general revision of this chapter by

(a) In general. Pursuant to section 897(i) a foreign corporation may elect to be treated as a domestic corporation for purposes of sections 897 and 6039C. A foreign corporation that has made such an election shall also be treated as a domestic corporation for purposes of the withholding required under section 1445, in accordance with the provisions of this section. (b)

(a) Principal value of property demonstrated. In the case of a transfer (as defined in §1.613A-7(n)) after December 31, 1974, of an interest in an oil or gas property (as defined in §1.613A-7(p)), the transferee (as defined in

(a) Cross-references to other rules. For a non-exclusive list of rules that limit the applicability of the exception to foreign personal holding company income under section 954(c)(6), see— (1) Section 1.245A-5T(d) (rules regarding the application of section 954(c)(6) to extraordinary

Editorial Notes Amendments 1982—Par. (2). Pub. L. 97–258 substituted "section 9303 of title 31, United States Code" for "

Prior Provisions A prior section 4225, act Aug. 16, 1954, ch. 736, 68A Stat. 496, related to exemption for exports, prior to repeal

the plan is excludable from the decedent's gross estate under §20.2039-2, unless the recipient of the distribution makes the section 402(a)/403(a) taxation election described in paragraph (c) of this section. For purposes of this section, an amount is payable as a lump sum distribution under a plan if, as of the date the estate tax return is filed (as determined under

§1.883-4(b), applying the attribution rules of §1.883-4(c), own sufficient shares in the closely-held block of stock to preclude nonqualified shareholders in the closely-held block of stock from owning 50 percent or more of the total value of the class of stock of which the closely-held block is a part for more than half the number of days during the taxable

individual receives a share of the proceeds of the catch, the dollar amount received; and (6) Any other information that is required by the form. For purposes of this section, the term, “boat operator” means an employer (as defined in §31.3121(d)-2) of an employee whose services are excepted from employment by section

§1.861-8, including deductions for interest described in §1.861-8(e)(2)(ii), are definitely related, in whole or in part, to earned income. In the case of interest expense allocable, in whole or in part, to foreign earned income under