nonbeverage purposes and not for resale or use in the manufacture of any product for sale— (i) For the use of any educational organization described in 26 U.S.C. 170(b)(1)(A)(ii) which is exempt from income tax under 26 U.S.C. 501(a), or for the use of any scientific

In the case of a qualifying vessel any of the income from which is not included in gross income by reason of section 883 or otherwise, the amount of notional shipping income from such vessel for the taxable year shall be the amount which bears the same ratio to such shipping income (determined without regard to this paragraph) as the gross income from the operation of such vessel in the United States

(1) any transfer which, if made inter vivos by an individual, would not be treated as a taxable gift by reason of section 2503(e) (relating to exclusion of certain transfers for educational or medical expenses), and (2) any transfer to the extent— (A) the property transferred was subject to a prior tax imposed

) Special statistical studiesThe Secretary may, upon written request by any party or parties, make special statistical studies and compilations involving return information (as defined in section 6103(b)(2)) and furnish to such party or parties transcripts of any such special statistical study or compilation. A reasonable fee may be prescribed for the cost of the work or services performed for

preparers" in section catchline. Subsec. (a). Pub. L. 110–28, §8246(a)(2)(A)(ii), substituted "a tax return preparer" for "an income tax return preparer" in two places, "each tax return preparer" for "each income tax return preparer", and "another tax return preparer" for "another income tax return preparer".

(a) In general. Except as provided in this paragraph (a), a hedging transaction as defined in §1.1221-2(b) (whether or not the character of gain or loss from the transaction is determined under §1.1221-2) must be accounted for

§§1.468A-1 through 1.468A-4, this section and §§1.468A-7 through 1.468A-9. Thus, for example, the IRS will issue one schedule of ruling amounts with respect to such nuclear power plant, the nuclear decommissioning fund must file a single income tax return (see

(a) Scope. This section prescribes rules that apply when the general limitation on the domestic use of a dual consolidated loss under paragraph (b) of this section applies. Thus, the rules of this section do not apply when an exception to the domestic use limitation applies (for example, as a result of a domestic use election under

(a) Imposition of normal tax and surtax. Section 852(b)(1) imposes a normal tax and surtax, computed at the rates and in the manner prescribed in section 11, on the investment company taxable income, as defined in section 852(b)(2) and §1.852-3, for each taxable year of a regulated investment company. The tax is imposed as if the

case of a vehicle under a suspension of tax described in §41.4483-3(a), at the time the use on the public highways during the taxable period exceeds 5,000 miles (7,500 miles for agricultural vehicles); (C) At the time that an increase in the taxable gross weight of the vehicle results in an additional tax liability (as computed under

(a) In general. Each material advisor, as defined in paragraph (b) of this section, with respect to any reportable transaction, as defined in §1.6011-4(b) of this chapter, must file a return as described in paragraph (d) of this section by the date described in paragraph (e) of this section. (b

§601.601(d)(2) of this chapter) or in other guidance, such as forms or instructions, issued with respect to the notification. (2) Contents of the notification. The notification must include the following information: (i) The name, address, and taxpayer identification number of the organization.

This section lists the paragraphs contained in §§1.907(a)-0 through 1.907(f)-1. §1.907(a)-0   Introduction (for taxable years beginning after

“calendar period” (as defined in §25.2502-1(c)(1)). (b) The provisions of this section will apply to gifts made during a particular “calendar period” (as defined in §25.2502-1(c)(1)) only if both spouses signify their consent to treat all gifts made to third parties

reasonably believed it was not a passive foreign investment company. Statutory Notes and Related Subsidiaries Effective Date of 1988 Amendment Amendment by section 1012(p)(37

court. (b) Proceedings in other courts (1) Claims under section 7433Whenever it appears to the court that the taxpayer's position in the proceedings before the court instituted or maintained by such taxpayer under

(a) In generalExcept as otherwise provided in this section— (1) an arrangement shall not be treated as a qualified cash or deferred arrangement described in section 401(k) unless such arrangement meets the automatic enrollment requirements of subsection (b), and (2

amounts certified by it under section 9005 for payment to the eligible candidates of each political party; and (3) the amount of payments, if any, required from such candidates under section 9007, and the reasons for each payment required.

Welfare. For complete classification of this Act to the Code, see section 1305 of Title 42 and Tables. Codification Pub. L. 110–234 and Pub. L. 110–246 made identical amendments to this section. The amendments by Pub. L. 110–234 were repealed by

(1) In generalThe term "direct skip" means a transfer subject to a tax imposed by chapter 11 or 12 of an interest in property to a skip person. (2) Look-thru rules not to applySolely for purposes of determining whether any transfer to a trust is a direct skip, the rules of section 2651(f)(2) shall not apply.

If any taxable vaccine is described in more than 1 subparagraph of section 4132(a)(1), the amount of the tax imposed by subsection (a) on such vaccine shall be the sum of the amounts for the vaccines which are so included. (c) Application of sectionThe tax imposed by this section shall apply— (1) after December

Prior Provisions A prior section 5062, act Aug. 16, 1954, ch. 736, 68A Stat. 614, consisted of provisions similar to those comprising this section, prior to the general revision of this chapter

section restricting transfers to bulk distilled spirits shall not apply to alcohol bottled under the provisions of section 5235 which is to be withdrawn for industrial purposes. In the case of distilled spirits transferred in bond after December 31, 2017, between bonded premises belonging to the same person or members of the same controlled group (within the meaning of

The term other accounts, as used in section 815(a)(3) and paragraph (b) of §1.815-2, means all amounts which are not specifically included in the shareholders surplus account under section 815(b) and paragraph (b) of §1.815-3, or

TTB will conduct proceedings to revoke or suspend an operating permit in accordance with the procedures set forth in part 71 of this chapter if the appropriate TTB officer has a reason to believe that the proprietor or any person associated with the operating permit: (a) Has not complied in good faith with the provisions of 26 U.S.C

TTB will conduct proceedings to revoke or suspend an alcohol fuel plant permit in accordance with the procedures set forth in part 71 of this chapter if the appropriate TTB officer has a reason to believe that a person holding a permit: (a) Has not complied in good faith with the provisions of 26 U.S.C. chapter 51 or the regulations

(a) General rule—(1) Information returns required—(i) Payments required to be reported. Except as otherwise provided in §§1.6041-3 and 1.6041-4, every person engaged in a trade or business shall make an information return for each calendar year with

This section lists the table of contents for §§1.41-1 through 1.41-9. §1.41-1   Credit for increasing research activities. (a) Amount of credit.