(a) Scope. This section provides procedural and reporting requirements that must be satisfied under §1.721(c)-3(b)(3) of the gain deferral method. Paragraph (b) of this section describes the procedural and reporting requirements of a U.S. transferor. Paragraph (c) of this section describes information required to be

(1) An asset includes any real or personal, tangible or intangible property held by the trust, including an interest in a contract. (2) An affected expense is an expense described in §1.67-2T(i)(1). (3) A

effects the sale or is required to report the sale of the security under §1.6045-1. (B) Purchases. A broker that effects a purchase but does not receive custody of the security must furnish a transfer statement to the broker receiving custody. However, no transfer statement is required if the broker effects the purchase solely

§1.6038D-4 if the aggregate value of all such assets exceeds— (i) $50,000 on the last day of the taxable year; or (ii) $75,000 at any time during the taxable year. (2) Special rule for married specified individuals filing a joint annual return. Except as provided in paragraph (a)(4

(a) Treatment as employer—(1) In general. For purposes of the federal employment taxes and other obligations imposed under chapters 21 through 25 of subtitle C of the Internal Revenue Code (federal employment taxes), a certified professional employer organization (CPEO) (as defined in

(a) State standardsA taxpayer shall be allowed an additional credit under section 3302(b) with respect to any reduced rate of contributions permitted by a State law, only if the Secretary of Labor finds that under such law— (1) no reduced rate of contributions to a pooled fund or to a partially

(a) For rules regarding the election to use the class life system authorized by section 167(m), see the provisions of §1.167(a)-11. (Sec. 167(m), 85 Stat. 508 (26 U.S.C. 167))

Sections 1.737-1, 1.737-2, 1.737-3, and 1.737-4 apply to distributions by a partnership to a partner on or after January 9, 1995, except that §1.737-2(d)(3)(iv) applies to distributions by a partnership to a partner on or after June 24, 2003.

(a) Except as otherwise provided in this section, §§51.1 through 51.10 apply on and after July 28, 2014. (b) Section 51.2(e)(3) applies on and after July 24, 2017. [T.D. 9684, 79 FR 43645, July 28

This section lists the captioned paragraphs contained in §§1.145-1 and 1.145-2. §1.145-1   Qualified 501(c)(3) bonds. (a) Overview. (b) Scope

In the application of the rule stated in §1.661(b)-1, the items of deduction which enter into the computation of distributable net income are allocated among the items of income which enter into the computation of distributable net income in accordance with the rules set forth in

§1.662(a)-2 (relating to currently distributable income), §1.662(a)-3 (relating to other amounts distributed), and §§1.662(b)-1 and 1.662(b)-2 (relating to character of amounts). Section 662 has no

), 40 FR 1084; Treasury Dept. Order No. 221-3 (Revision 2) (Jan. 14, 1977), 42 FR 3725.) (Sec. 7325, 68A Stat. 870, as amended (26 U.S.C. 7325 (1), (4)); sec. 7326, 72 Stat. 1429, as amended (26 U.S.C. 7326 (a)))

Where any of the acts specified in paragraph (c)(2)(i) of §601.502 are to be performed by a representative, and a power of attorney for such representative has not been filed, a tax information authorization, or copy thereof, will be required. The authorization may be executed on Form 1534-A, copies of which may be obtained from the regional regulatory administrator

Except for the filing of any bond or the payment of any tax provided for in 26 U.S.C. chapter 51, TTB may waive any regulatory provision in this part for temporary pilot or experimental operations for the purpose of facilitating the development and testing of improved methods of governmental supervision (necessary for the protection of the revenue) over plants. For

If the location of the plant changes, the proprietor must: (a) File form TTB F 5110.25, Application for Operating Permit Under 26 U.S.C. 5171(d), to amend the operating permit; (b) File a new bond or a consent of surety on form TTB F 5000.18, subject to the exemption provided in

(a) The United States or any of its Government agencies may withdraw tax-free spirits for nonbeverage purposes from a distilled spirits plant under this part, as authorized by 26 U.S.C. 5214(a)(2). Before any tax-free spirits may be withdrawn, a permit to procure the spirits shall be obtained from the appropriate TTB officer. (b

(a) Wine of Puerto Rican manufacture coming into the United States and withdrawn for consumption or sale is subject to a tax equal to the internal revenue tax imposed in the United States on wine by 26 U.S.C. 5041. (b) The excise taxes collected on wine of Puerto Rican manufacture shall be deposited in the Treasury of Puerto Rico only if

(a) Beer of Puerto Rican manufacture coming into the United States and withdrawn for consumption or sale is subject to a tax equal to the internal revenue tax imposed on beer in the United States by 26 U.S.C. 5051. (b) The excise taxes collected on beer of Puerto Rican manufacture shall be deposited in the Treasury of Puerto Rico only if

such premises, and may require the production of any books, papers, or records necessary to determine any liability for tax under 26 U.S.C. Chapter 53, or the observance of 26 U.S.C. Chapter 53, and this part. [36 FR 14256, Aug. 3, 1971. Redesignated

Amendment by Pub. L. 99–509, except as otherwise provided, effective with respect to payments due with respect to wages paid after Dec. 31, 1986, including wages paid after such date by a State (or political subdivision thereof) that modified its agreement pursuant to section 418(e)(2) of Title 42, The Public Health and Welfare, see

(a) through (b) [Reserved]. For further guidance, see §1.199-2(a) through (b). (c) Acquisitions, dispositions, and short taxable years—(1) Allocation of wages between more than one taxpayer. For purposes of computing the section 199 deduction of a taxpayer

(a) In general. [Reserved] (b) Reimbursement allocations. If an expenditure for a facility is paid before the issue date of the bonds to provide that facility, the facility is described in section 142(a) only if the expenditure meets the requirements of §1.150-2

(a) In general. An individual who is required to file an individual income tax return will be allowed an automatic 6-month extension of time to file the return after the date prescribed for filing the return if the individual files an application under this section in accordance with paragraph (b) of this section. In the case of an individual described in

may be found in §25.2512-6. The value is generally to be determined by ascertaining as a basis the fair market value at the time of the gift of each unit of the property. For example, in the case of shares of stocks or bonds, such unit of property is generally a share or a bond. Property shall not be returned at the value at which it is assessed for local tax purposes unless that value represents

(a) In general. In the case of each failure to furnish a statement required— (1) Under section 6042(c) and §1.6042-4 to a person with respect to whom a return has been made under section 6042(a)(1), relating to information returns with respect to payment of dividends aggregating $10 or more in a