(a) Payment card and third party network transactions subject to backup withholding. The gross amount of a reportable transaction that is required to be reported under section 6050W (relating to information reporting for payment card and third party network transactions) is a reportable payment for purposes of section 3406. See

lineal descendant of such individual or such individual's spouse, (C) any brother or sister of the individual, and (D) any spouse of any individual described in subparagraph (B) or (C). (3) AttributionThe rule of section 2701(e)(3) shall apply for purposes of determining the

expenditures beginning on the date on which the production period of the property begins (as defined in §1.263A-12(c)). Thus, for example, the cost of raw land acquired for development, the cost of a leasehold in mineral properties acquired for development, and the capitalized cost of planning and design activities are taken into account as accumulated production expenditures beginning on the first day of

tax being deductible by the latter. For disallowance of deduction for income taxes paid by a lessee corporation pursuant to a lease arrangement with the lessor corporation, see section 110 and the regulations thereunder. See section 178 and the regulations thereunder for rules governing the effect to be given renewal options in amortizing the costs incurred after July 28, 1958 of acquiring a lease. See

1) A REMIC that would be classified as an investment trust under §301.7701-4(c)(1) but for its qualification as a REMIC under section 860D and §1.860D-1T, or (2) A REMIC that— (i

AGENCY: Federal Aviation Administration (FAA

paragraph) which was taken into account in computing such qualified investment, then the credit earned for the credit year (as defined in subdivision (ii)(a) of this subparagraph) shall be recomputed under the principles of paragraph (a) of §1.46-1 and paragraph (a) of §1.46

section 5102, added Pub. L. 85–859, title II, §201, Sept. 2, 1958, 72 Stat. 1339, defined manufacturer of stills, prior to the general revision of this subpart by Pub. L. 98–369. Another prior

This section lists the captions that appear in the regulations under section 1362. §1.1362-1 Election to be an S corporation. (a) In general. (b) Years for which election is effective.

(a) General. When a brewer has filed a bond and a brewer is required to prepay tax under §25.173, or if the penal sum of the bond, Form 5130.22, is insufficient for deferral of payment of tax on beer to be removed for consumption or sale, or if a brewer is not entitled to defer the tax under the provisions of this subpart, the

(a) In general. A patron who receives a qualified payment (as defined in paragraph (e) of this section) from a specified agricultural or horticultural cooperative (cooperative) (as defined in paragraph (f) of this section) is allowed a deduction under §1.199-1(a) (section 199 deduction) for the taxable year the qualified payment

“agricultural employment” includes certain services which do not constitute “agricultural labor” as that term is defined in section 3121(g) (see §31.3121(g)-1. For purposes of title V of the Agricultural Act of 1949, as amended, the term “agricultural employment” includes services or activities included within the provisions of section 3(f) of the Fair Labor Standards Act of 1938, as amended, or

(a) Applicability. This section applies to the processing of offers to compromise tax liabilities pursuant to §301.7122-1 of this chapter. Except as provided in this section, this fee applies to all offers to compromise accepted for processing. (b) Fee.

26 U.S.C. 112. The Federal income tax exclusion at 26 U.S.C. 112 is applicable to compensation for active service during a month in which a uniformed service member serves in a combat zone. The term “tax-exempt contributions” does not include contributions made to the participant's Roth balance from pay which is

(3) the student adjusted endowment of which is at least $500,000, and (4) which is not described in the first sentence of section 511(a)(2)(B) (relating to State colleges and universities). (d) Student adjusted endowmentFor purposes of this section, the term "student adjusted endowment

(a) Imposition of tax. (1) This section applies for purposes of determining the tax of a nonresident alien individual who at no time during the taxable year is engaged in trade or business in the United States. However, see also §1.871-8 where such individual is a student or trainee deemed to be

transferred to the transferee; and (4) The transferee continues to satisfy the requirements of §1.468A-5(a)(1)(iii), which permits an electing taxpayer to maintain only one Fund for each plant. (c) Tax consequences. A disposition that satisfies the requirements of paragraph (b) of this section will have

tubes, except for his own personal use or consumption. Manufacturer of processed tobacco. Any person who processes any tobacco other than tobacco products. Manufacturer of tobacco products. (1) Any person who manufactures cigars, cigarettes, smokeless tobacco, pipe tobacco, or roll-your-own tobacco, other than: (i) A

in removing, depositing, or concealing, any goods or commodities for or in respect whereof any tax is or shall be imposed, or any property upon which levy is authorized by section 6331, with intent to evade or defeat the assessment or collection of any tax imposed by this title; or (5) Compromises and closing agreementsIn connection with any