making of the initial transfer and the relinquishment or termination of the power operates to free such income or other enjoyment from the power, and constitutes a gift of such income or of such other enjoyment taxable as of the “calendar period” (as defined in §25.2502-1(c)(1)) of its receipt. If property is transferred in trust to pay the income to A for life with remainder to B, powers to

§ 1902.37 Factors for determination. (a) The Assistant Secretary shall determine if the State has applied and implemented all the specific criteria and indices of effectiveness of §§ 1902.3 and

A prior section 5312, act Aug. 16, 1954, ch. 736, 68A Stat. 659, made a cross reference to remission and refund of tax on alcohol for loss or leakage, prior to the general revision of this chapter by Pub. L. 85–859.

For the rules applicable under section 4264(d) see §49.4261-4 relating to payments made within the United States.

§ 1020.610 Due diligence programs for correspondent accounts for foreign financial institutions. (a) Refer to § 1010.610 of this chapter. (b) [Reserved]

§ 1021.610 Due diligence programs for correspondent accounts for foreign financial institutions. (a) Refer to § 1010.610 of this chapter. (b) [Reserved]

§ 1024.610 Due diligence programs for correspondent accounts for foreign financial institutions. (a) Refer to § 1010.610 of this chapter. (b) [Reserved]

§ 1026.610 Due diligence programs for correspondent accounts for foreign financial institutions. (a) Refer to § 1010.610 of this chapter. (b) [Reserved]

e.g., Committee for Purchase From People Who are Blind or Severely Disabled). [63 FR 70270, Dec. 18, 1998, as amended at 67 FR 56121, Aug. 30, 2002; 68 FR 4050, Jan. 27, 2003; 69 FR 8314, Feb. 23, 2004; 69 FR 16150, Mar. 26, 2004; 71 FR 57367, Sept. 28, 2006; 80 FR 38298, July 2, 2015; 85 FR 11761, Feb. 27, 2020; 85 FR 27090, May 6, 2020]

§192.507 of this subpart. [35 FR 13257, Aug. 19, 1970, as amended by Amdt. 192-74, 61 FR 18517, Apr. 26, 1996; Amdt. 192-85, 63 FR 37504, July 13, 1998]

§ 22.21 Motion for Reconsideration [Rule 21]. A motion for reconsideration, if filed by either party, shall set forth specifically the ground or grounds relied upon to sustain the motion, and shall be filed within 15 days of receipt of a copy of the Board's decision. Mere disagreement with a decision, re-argument of points already made, or the presentation of

§ 200.335 Requests for transfer of records. The Federal awarding agency must request transfer of certain records to its custody from the non-Federal entity when it determines that the records possess long-term retention value. However, in order to avoid duplicate recordkeeping, the Federal awarding agency may make arrangements for the non-Federal entity

See paragraphs (a), (b), and (c) of §31.3221-3 for rules applicable to the supplemental tax for each work-hour for which compensation is paid to an employee representative for services rendered as an employee representative. [T.D. 8525, 59 FR 9666, Mar. 1, 1994]

Form N-17D-1 is hereby prescribed as the form for reports required by paragraph (d)(3) of §270.17d-1. [26 FR 11240, Nov. 29, 1961]

an income tax return is superseded. (A) In general. (B) Procedure for superseding return. (iii) Anti-abuse rule. (iv) Special rules for partial months and 52-53-week taxable years. (c) Effective date. (d) Examples. (1) Changes in taxable year. (2) Special rule for entities retaining their 1986 taxable year. §1.444-2T

Under section 182, the election to deduct expenditures incurred in the clearing of land is applicable only to a taxpayer who is engaged in “the business of farming” during the taxable year. A taxpayer is engaged in the business of farming if he cultivates, operates, or manages a farm for gain or profit, either as owner or tenant. For purposes of section 182, a taxpayer who receives a rental (either in cash or in kind) which is based upon farm production is engaged

must keep these records available for inspection by TTB officers. (26 U.S.C. 5010, 5207)

(a) All permits previously issued to the United States or any of its Government agencies on Form 1444 shall remain valid and will be regulated by the same provisions of this subpart as it refers to permits on Form 5150.33. (b) A Government agency shall apply for a permit to obtain specially denatured spirits on Form 5150.33. Upon approval, Form 5150.33 will be returned to the Government agency, and will serve as authority to procure

The provisions of this part relating to the labeling of containers as prescribed by 27 CFR part 5 are not applicable to imported distilled spirits (a) not for sale or for any other commercial purpose whatever; (b) on which no internal revenue tax is required to be paid or determined on or before withdrawal from customs custody; (c) for use as ship stores; or (d) for personal use. Samples of distilled spirits, other than those provided for in

the day on which the petition was filed. (b) Exception for collected taxes. Paragraph (a) of this section shall not apply to any liability for an addition to the tax which arises from the failure to pay or deposit a tax withheld or collected from others and required to be paid to the United States. (

exceptions, see subsections (b) and (c) of section 6511 of the Internal Revenue Code. For rules as to time return is deemed filed and tax considered paid, see section 6513 of the Internal Revenue Code. (26 U.S.C. 6511) [T.D. ATF-251, 52 FR 19314, May 22, 1987. Redesignated by T.D. ATF-301, 55 FR 47606, Nov. 14

machine is allocable to its function of abating water pollution, such $30,000 will be deemed to be the adjusted basis for purposes of determining gain for purposes of paragraph (a) of §1.169-3. (ii) If a facility is used in connection with more than one plant or other property, and at least one such plant or other property was not in operation before January 1

stock of a DISC or former DISC which is included in the gross estate of the decedent, including but not limited to property which— (1) Is acquired from the decedent before his death, and the entire property is subsequently included in the decedent's gross estate for estate tax purposes, or (2) Is acquired property described in paragraph (d) of

For provisions relating to the requirement of returns by exempt organizations, see §1.6033-1 of this chapter (Income Tax Regulations).

For provisions relating to the signing of corporation income tax returns, see §1.6062-1 of this chapter (Income Tax Regulations).

For provisions relating to the signing of returns of partnership income, see §1.6063-1 of this chapter (Income Tax Regulations).

For regulations under section 6205, see §31.6205-1 of this chapter (Employment Tax Regulations). Deficiency Procedures