-percent interestFor purposes of subsection (a), a 10-percent interest in a partnership is an interest described in section 6038(e)(3)(C). (e) Cross referenceFor provisions relating to penalties for violations of this section, see sections 6679 and

Subject to the requirements of this subpart E, you do not need OCC approval under subpart B if you conduct fiduciary activities in the following fiduciary capacities: (a) Trustee of a trust created or organized in the United States and forming part of a stock bonus, pension, or profit-sharing plan qualifying for specific tax treatment under section 401(d) of the Internal Revenue Code of 1954 (

exempt from tax under 26 U.S.C. 5042(a)(1). (26 U.S.C. 5201, 5222, 5223)

contributed under section 72(f) and §1.72-8) by the employee as of such date as reduced by all amounts previously received and excludable from the gross income of the recipient under the applicable income tax law. In such an event, section 72(d) provides that all amounts received as an annuity under the contract during a taxable year to which the Code applies

. (b) Amount involved. Section 502(i) of ERISA states that the term “amount involved” in that section shall be defined as it is defined under section 4975(f)(4) of the Code. As provided in 26 CFR 141.4975.13, 26 CFR

primarily for sale to customers in the ordinary course of his trade or business; (2) property, used in his trade or business, of a character which is subject to the allowance for depreciation provided in section 167, or real property used in his trade or business; (3) a patent, invention, model or design (whether or not patented), a secret

(a) Establishment of creditFor purposes of section 46, the advanced manufacturing investment credit for any taxable year is an amount equal to 35 percent of the qualified investment for such taxable year with respect to any advanced manufacturing facility of an eligible taxpayer. (b) Qualified

(H) Disability. (2) No application to benefits or exclusionsTo the extent consistent with section 9801, paragraph (1) shall not be construed— (A) to require a group health plan to provide particular benefits (or benefits with respect to a specific procedure, treatment, or service) other than those provided

chapter 42, shall be terminated if— (A) such organization distributes all of its net assets to one or more organizations described in section 170(b)(1)(A) (other than in clauses (vii) and (viii)) each of which has been in existence and so described for a continuous period of at least 60 calendar months immediately preceding such distribution, or

(a) Declared value excess-profits tax. Gain which is includible in gross income under §2.1-23 shall be included in gross income for all income and excess-profits tax purposes, but not for the purposes of the declared value excess-profits tax and the capital stock tax as provided in section 511(i) of the Act. In lieu of any

(a) In general. Except as provided in paragraph (b) of this section, §§53.4941(a)-1 through 53.4941(e)-1 shall apply to all acts of self-dealing engaged in after December 31, 1969. (b) Transitional rules—(1) Commitments

out par. (4) which provided for translation of foreign income taxes paid by each qualified business unit of the taxpayer in the same manner as provided under section 986(b). Statutory Notes and Related Subsidiaries

(a) Self-employment tax and tax on wagesIn the case of the tax imposed by chapter 2 (relating to tax on self-employment income) and the tax imposed by section 3101 (relating to tax on employees under the Federal Insurance Contributions Act)— (1) If an amount is erroneously treated as self-employment

section 905 or paragraph (2) of section 404A(g). Editorial Notes

of this Act to the Code, see section 3128 of this title and Tables. Amendments 1976—Pub. L. 94–455 substituted "United States Postal Service" for "Post Office Department" in

section 4980E shall apply for purposes of this section. (c) RegulationsThe Secretary shall issue regulations to carry out the purposes of this section, including regulations providing special rules for employers who make contributions to Archer MSAs and health savings accounts during the calendar year. (d) ExceptionFor purposes

section 5661, act Aug. 16, 1954, ch. 736, 68A Stat. 695, consisted of provisions similar to those comprising this section, prior to the general revision of this chapter by Pub. L. 85–859. Prior

(a) Disclosure requirementIf an organization described in section 170(c) (other than paragraph (1) thereof) receives a quid pro quo contribution in excess of $75, the organization shall, in connection with the solicitation or receipt of the contribution, provide a written statement which— (1) informs

(a) In generalFor purposes of section 461(h), economic performance shall be deemed to occur as qualified payments are made by the taxpayer to a designated settlement fund. (b) Taxation of designated settlement fund (1) In generalThere is

references to adjusted gross income as defined in section 62, and all references to an estate's or trust's adjusted gross income are treated as references to adjusted gross income as defined in section 67(e). However, there may be additional adjustments to adjusted gross income because of investments in controlled foreign corporations (CFCs) or passive foreign investment companies (PFICs). See §1.1411-10

, mother, issue, brother or sister; an employee of the grantor; a corporation or any employee of a corporation in which the stock holdings of the grantor and the trust are significant from the viewpoint of voting control; a subordinate employee of a corporation in which the grantor is an executive. For purposes of subsection (f) and sections 674 and 675, a related or

§1.413-1(a)(2), and (ii) The plan is maintained by more than one employer. For purposes of subdivision (ii) of this subparagraph, the number of employers maintaining the plan is determined by treating any employers described in section 414(b) (relating to a controlled group of corporations) or any employers described in section 414(c

course is followed. To this net invoice price should be added transportation or other necessary charges incurred in acquiring possession of the goods. But see §1.263A-1(d)(2)(iv)(C) for special rules for certain direct material costs that in certain cases are permitted to be capitalized as additional section 263A costs by taxpayers using a simplified method under

This section lists the table of contents for §§1.501(r)-1 through 1.501(r)-7. §1.501(r)-1   Definitions. (a) Application. (b

(a) Undistributed personal holding company income is the amount which is subject to the personal holding company tax imposed under section 541. Undistributed personal holding company income is the taxable income of the corporation adjusted in the manner described in section 545(b) and §1.545-2, and section 545(c) and