(1) For the tax applicable on the basis of the use of fuel in an aircraft in noncommercial aviation, see §48.4041-6. (2) For the definition of the term “noncommercial aviation”, see paragraph (j) of §48.4041-8.

Statutory Notes and Related Subsidiaries Applicability of This Section for Purposes of Section 10222(b) of Pub. L. 100–203 Pub. L. 100–647, title VI, §6278, Nov. 10, 1988, 102 Stat. 3754

(a) In generalIn a two-party exchange, the delivering person shall not be liable for the tax imposed under section 4081(a)(1)(A)(ii). (b) Two-party exchangeThe term "two-party exchange" means a transaction, other than a sale, in which taxable fuel is transferred from a delivering

","identifier":"101-26","label_level":"Part 101-26","hierarchy":{"title":"41","subtitle":"C","chapter":"101","subchapter":"E","part":"101-26"},"current":false,"authority":["\u003ca href=\"https://www.govinfo.gov/link/uscode/40/121\" class=\"usc external\" target=\"_blank\" rel=\"noopener noreferrer\"\u003e40 U.S.C. 121(c)\u003c/a\u003e.\n"],"source":[],"link":"/current/title-41/part-101-26","title":"Part 101-26"},{"level":"subpart","identifier":"101-26.8","label_level":"Subpart 101-26.8","hierarchy":{"title

Prior Provisions A prior section 5687, act Aug. 16, 1954, ch. 736, 68A Stat. 700, consisted of provisions similar

(a) In general. The arm's length amount charged in a controlled transfer of tangible property must be determined under one of the six methods listed in this paragraph (a). Each of the methods must be applied in accordance with all of the provisions of §1.482-1, including the best method rule of

This section contains first a list of section headings and then a list of the paragraphs in each section in §§1.401(m)-1 through 1.401(m)-5. List of Sections

(C) Sections 1276 through 1278 (market discount); (D) Sections 1281 through 1283 (discount on certain short-term obligations); (E) Section 7872(a) (certain loans with below-market interest rates); or (F) Section 1.1272-3 (an election by a holder to treat all interest on

This section lists the captions that appear in §§1.467-1 through 1.467-9. §1.467-1   Treatment of lessors and lessees generally. (a) Overview.

(a) Amount imposed—(1) Annual registration statement. The plan administrator (within the meaning of section 414(g)) of an employee retirement benefit plan defined in §301.6057-1(a)(3) is liable for the amount imposed by section 6652(e)(1) in each case in which there is a failure to file

(a) Amount of creditFor purposes of section 38, the zero-emission nuclear power production credit for any taxable year is an amount equal to the amount by which— (1) the product of— (A) 0.3 cents, multiplied by (B) the kilowatt

milesThe term "qualified military benefit" includes a travel benefit provided under section 2613 of title 10, United States Code (as in effect on the date of the enactment of this paragraph). (6) Certain State paymentsThe term "qualified military benefit" includes any bonus payment by a State or political subdivision thereof to any member or

No Federal manufacturers' or special-fuels excise taxes are imposed in many contracting situations as, for example, when the supplies are for any of the following: (a) The exclusive use of any State or political subdivision, including the District of Columbia (26 U.S.C. 4041 and 4221). (b) Shipment for export to a foreign country or an outlying area of the United States. Shipment must occur within 6

by the trust in accordance with the plan, and, in the case of a plan which covers (as defined in paragraph (a)(2) of §1.401-10) any self-employed individual, the time and method of such distribution must satisfy the requirements of section 401(a)(9) with respect to each employee covered by the plan; (iv) It must be impossible under the trust instrument at any

(a) Overview. Interest on a private activity bond is not excludable from gross income under section 103(a) unless the bond is a qualified bond. Under section 147, certain requirements must be met for a private activity bond to qualify as a qualified bond. (b) Scope.

In addition to the requirements set forth in paragraph (g) of §1.611-2, a taxpayer who claims the percentage depletion deduction under section 613 for any taxable year shall attach to his return for such year a statement setting forth in complete, summary form, with respect to each property for which such deduction is allowable, the following information:

(a) For further guidance, see §1.704-1(a). (b) (1) For further guidance, see §1.704-1(b)(1). (2) For further guidance, see

In the case of a shareholder who is a nonresident alien individual or a foreign corporation, trust, or estate, amounts taxable as dividends by reason of the application of §1.995-4 (relating to gain on disposition of stock in a DISC), amounts treated under §1.996-1 as

(a) Except as provided in paragraph (b) or (c) of this section, an investment made by a private foundation prior to January 1, 1970, shall not be subject to the provisions of section 4944. (b) If the form or terms of an investment made by a private foundation prior to January 1, 1970, are changed (other than as described in paragraph (c) of this section) on or after such date, the provisions of

The corporation shall be operated in a manner and for purposes that qualify the corporation for exemption from taxation under section 501(a) of the Internal Revenue Code of 1986 (26 U.S.C. 501(a)) as an organization described in

. 85-859, 72 Stat. 1362, as amended, 1365 as amended (26 U.S.C. 5214, 5223); Sec. 3, Pub. L. 91-659, 84 Stat. 1365, as amended (26 U.S.C. 5066)) [T.D. ATF-198, 50 FR 8560, Mar. 1, 1985, as amended by T.D. TTB-8, 69 FR 3832, Jan. 27, 2004]

(ii) The aggregate amount of the deductions for personal exemption allowed the taxpayer under 26 U.S.C. 151 in the taxable year in which such levy occurs, divided by (2) 52. (b) If the payroll period is not weekly, the amount exempt from levy shall be an amount which as nearly as possible will result in the

amount paid or incurred on a judgment entered against any person in a suit brought under section 208(b) of Pub. L. 94–12, see section 208(c) of Pub. L. 94–12, set out as a note under section 44 of this title.

chapter 7 of title 5, United States Code, apply to judicial review of any agency action, as defined in section 551(13) of title 5, United States Code, by the Commission. Statutory Notes and Related Subsidiaries

Any person who fails to comply with the requirements of section 4374 (relating to liability for tax on policies issued by foreign insurers), with intent to evade the tax shall, in addition to other penalties provided therefor, pay a fine of double the amount of the tax.

the limitation provided by §1.53-1 for such taxable year. Subject to the limitations contained in paragraph (b) of this section and paragraph (f) of §1.53-3, an unused credit shall be added to the amount allowable as a credit under section 44B for the years to which an unused credit can be carried. The

(a) In general. (1) If an obligation is issued by a corporation with original issue discount, the amount of such discount is deductible as interest and shall be prorated or amortized over the life of the obligation. For purposes of this section the term “obligation” shall have the same meaning as in

(a) In general. The subpart F income of a controlled foreign corporation for any taxable year includes its income derived from the insurance of United States risks for such taxable year. See section 952(a)(1). A controlled foreign corporation shall have income derived from the insurance of United States risks for such purpose of it has taxable income, as determined under

(a) Purpose and scope. This section provides temporary regulations that, if and when adopted as a final regulation will add certain new paragraphs within §1.1445-5 (b) and (c). The paragraphs of this section would then appear as set forth below. Paragraph (b) of this section would then appear as paragraph (b)(8)(v) of