No person may remove from the vinegar plant premises vinegar or other fluid or any other material containing more than 2 percent alcohol by volume. (26 U.S.C. 5504)

The consignment, shipment, and delivery of wines removed under this subpart shall be made under the provisions of subpart M of this part. (72 Stat. 1336; 26 U.S.C. 5062)

A report for each calendar month shall be made on or before the 20th day of the next succeeding month. (72 Stat. 1422; 26 U.S.C. 5722)

An opening inventory shall be made by the manufacturer of cigarette papers and tubes at the time of first commencing business. (72 Stat. 1422; 26 U.S.C. 5721)

A special inventory shall be made by the manufacturer of cigarette papers and tubes when required by the appropriate TTB officer. (72 Stat. 1422; 26 U.S.C. 5721)

Any number of persons carrying on one business in partnership at any one place during any tax year are required to pay only one special tax. (26 U.S.C. 5733)

deduction under section 164(a). Foreign tax paid, accrued, or deemed paid under section 960 with respect to section 951A category income, including section 951A category income that is reassigned to a separate category for income resourced under a treaty, may not be carried back or carried forward or deemed paid or accrued under section 904(c). See §1.904-6 for rules for allocating and apportioning taxes

(a) In general. For purposes of section 956(a) and §1.956-1, the term “United States property” also includes any trade or service receivable if the trade or service receivable is acquired (directly or indirectly) from a related person who is a United States person (as defined in section 7701(a)(30)) (a

which such installments are required to be paid. (d) Amount of required installment—(1) In general. Except as otherwise provided in this section and §§1.6655-2 through 1.6655-7, the amount of any required installment is 25 percent of the lesser of— (i) 100

(a) Failure to furnish copy to taxpayer. (1) A person who is a signing tax return preparer as described in §301.7701-15(b)(1) of this chapter of any return of tax or claim for refund of tax under the Internal Revenue Code (Code), and who fails to satisfy the requirements imposed by section

the taxpayer is unable to make payments under the installment agreement by electronic payment through a debit instrument, the Secretary shall, upon completion of the installment agreement, pay the taxpayer an amount equal to any such fees imposed. (g) Cross referenceFor rights to administrative review and appeal, see section 7122(e).

(C) A partnership that is considered as continuing under section 708(b)(2) and §1.708-1; (D) The decedent in the case of an asset acquired by the estate; or (E) A transferor of an asset to a trust. (b) Qualified property—(1)

section 615(b). See §1.615-6 for the method of making the election to treat exploration expenditures under section 615. Under section 615(a), a taxpayer may, at his option, deduct exploration expenditures paid or incurred in an amount not to exceed $100,000 for any taxable year. Under section 615(b) and

means any person other than a United States person. United States person, as defined in 26 U.S.C. 7701(a)(30), means— (1) A citizen or resident of the United States; (2) A domestic partnership; (3) A domestic corporation; (4) Any estate (other than a foreign estate, within the meaning of 26 U.S.C. 7701(a)(31)); and (5) Any trust if— (i) A court within the United States is able to exercise primary supervision over

(a) In general. Section 280F(b), generally, imposes limitations with respect to the amount allowable as an investment tax credit under section 46(a) and the amount allowable as a recovery deduction under section 168 in the case of listed property (as defined in §1.280F-6(b)) if certain business use of the property (referred to as

separate lines of business of the employer and for determining the day or days on which such assignments must be made. Under this procedure, each employee (i.e., a substantial-service employee or a residual shared employee as defined in §1.414(r)-11(b)(2) and (4)) is assigned to a single qualified separate line of business in a consistent manner for all purposes listed in paragraph (a)(2) of this

private activity bond tests serve to identify arrangements that have the potential to transfer the benefits of tax-exempt financing, as well as arrangements that actually transfer these benefits. The regulations under section 141 may not be applied in a manner that is inconsistent with these purposes. (b) Scope. Sections 1.141-0

(a) Overview—(1) In general. Section 336(e) authorizes the promulgation of regulations under which, in certain circumstances, a sale, exchange, or distribution of the stock of a corporation may be treated as an asset sale. This section and §§1.336-2 through 1.336-5 provide the rules for and

special value is used for the purpose of determining the net value for estate tax purposes (see section 691(c)(2)(B) and paragraph (a)(1) of §1.691(c)-1) and for the purpose of determining the portion of estate tax attributable to the survivor's annuity (see paragraph (a) of §1.691(c)-1).

may be. Every NRA transferor is allowed a GST exemption of $1,000,000. See §26.2632-1 regarding the allocation of the exemption. (b) Transfers subject to chapter 13—(1) Direct skips. A transfer by a NRA transferor is a direct skip subject to chapter 13 only to the extent that the transfer

(a) Requirement—(1) In general. Except as otherwise provided in paragraphs (a)(3) and (a)(5) of this section and in §31.6011(a)-5 every employer is required to make a return for the first calendar quarter in which the employer pays wages, other than wages for agricultural labor

(a) General ruleFor purposes of section 38, the railroad track maintenance credit determined under this section for the taxable year is an amount equal to 40 percent (50 percent in the case of any taxable year beginning before January 1, 2023) of the qualified railroad track maintenance expenditures paid or incurred by an eligible

the case may be, of subsection (c)(1) may be returned to the taxpayer as unprocessable. (e) Administrative reviewThe Secretary shall establish procedures— (1) for an independent administrative review of any rejection of a proposed offer-in-compromise or installment agreement made by a taxpayer under this section or

(Section 863 Sales). To determine the source of income from sales of property produced by the taxpayer, when the property is either produced in whole or in part in space or on or under water not within the jurisdiction (as recognized by the United States) of a foreign country, possession of the United States, or the United States (in international water), or is sold in space or international water, the rules of

(a) Recapture—(1) Applicability—(i) In general. The requirements of this paragraph (a) apply notwithstanding whether an owner has satisfied the revocation requirements of §1.181-2(d). An owner that claimed a deduction under section 181 for a production

purposes of subparagraph (1)(i)(c) of this paragraph, the term placed in service shall have the meaning assigned to such term in paragraph (d) of §1.46-3. (ii) For purposes of subparagraph (1)(ii) of this paragraph, the term property includes those costs of converting existing

This section contains a listing of the headings for §§1.1291-1, 1.1291-9, and 1.1291-10. §1.1291-1   Taxation of U.S. persons that are shareholders of

, as defined in §1.1291-9(j)(2)(i), in determining its net capital gain for a taxable year, may either— (A) Calculate and report the amount of each category of long-term capital gain provided in section 1(h) that was recognized by the PFIC in the taxable year; (B) Calculate and report the amount of net capital gain recognized by

(a) In general. For purposes of paragraph (b)(2)(ii)(d) of §1.1563-1, a member of a controlled group of corporations shall be considered to be a franchised corporation for a taxable year if each of the following conditions is satisfied for one-half (or more) of the number of days preceding