Notwithstanding section 7605(b), the books of account of any person liable for tax under this chapter may be examined and inspected as frequently as may be needful to the enforcement of this chapter.

holding a qualified leasehold interest (as described in paragraph (b)(2)(ii) of §1.468A-1) are included in the gross income of such taxpayer, and not in the gross income of the lessor. (b) Examples. The following examples illustrate the application of the principles of paragraph (a) of this section:

favor of former HCEs. For this purpose, contributions or benefits provided to former employees includes all contributions or benefits provided to former employees or, at the employer's option, only those contributions or benefits arising out of the amendment providing the contributions or benefits. A plan under which no former employee currently benefits (within the meaning of §1.410(b)-3(b

, 1954. See §1.534-4 for rules relating to taxable years subject to the Internal Revenue Code of 1939. See section 534(d) and §1.534-3 with respect to a notification in the case of a jeopardy assessment. (d) Statement by taxpayer. (1) A taxpayer who has received a notification, as provided in

other than a United States citizen or resident or domestic corporation, unless the person is described in §1.672(f)-2(a) (relating to certain foreign corporations treated as domestic corporations), or one of the exceptions set forth in §1.672(f)-3 is met, (relating to: trusts where the

§1.826-1. (b) Information required of consenting attorney-in-fact. Every attorney-in-fact making the consent provided by section 826(c)(2) and paragraph (a) of this section shall, in the manner prescribed by paragraph (c) of this section, furnish the following information for each taxable year during which the consent provided by section 826(c)(2) and

(a) General rule. If a regulated investment company makes an election under section 853(a), in the manner provided in §1.853-4, the regulated investment company is required under section 853(c) to furnish its shareholders with a written notice mailed not later than 60 days after the close of its taxable year. The notice must

section. (2) For the definition of terms used in this section see section 1388 and §1.1388-1; to determine the payment period for a taxable year, see section 1382(d) and §1.1382-4. (b) Deduction for

Except as provided in §1.6091-3 (relating to certain international income tax returns) and §1.6091-4 (relating to exceptional cases): (a) Individuals, estates, and trusts.

additions in value thereto made, even though the value of the gift involved does not exceed the amount of the exclusion provided by section 2503(b). See §25.2502-1(c)(1) for the definition of calendar quarter. (b) If the donor spouse exercises the election as provided in paragraph (a) of this section, the amount of the gift at the creation of the tenancy is the amount of

§48.6420-2 for the time within which a claim for credit or payment must be made. See section 4081 and the regulations thereunder for the rates of tax on gasoline. See §48.6420-2 for meaning of the terms “Used on a farm for farming purposes,” “farm,” “gasoline,” “ultimate purchaser,” and “taxable year

deficiency may be determined with respect to income tax for the same taxable year, gift tax for the same “calendar period” (as defined in §25.2502-1(c)(1)), estate tax with respect to the taxable estate of the same decedent, chapter 41, 43, or 44 tax of the taxpayer for the same taxable year, section 4940 tax for the same taxable year, or chapter 42 tax of the taxpayer (other than under section 4940

. Earnings from segregated assets are available for collection of tax, whether previously uncollectible under the section or not, after depositors' claims against such assets have been paid in full. See paragraph (a) of §301.7507-3 and paragraph (a) of §301.7507-9. (b

(e) Limitations. (1) No employee of the IRS may use records of tax enforcement results (as described in §801.6) to evaluate any other employee or to impose or suggest production quotas or goals for any employee. (i) For purposes of the limitation contained in this

(a) Preference right of contiguous landowners; offering priceNotwithstanding the provisions of the Act of September 26, 1968 (82 Stat. 870; 43 U.S.C. 1431–1435), hereinafter called the "1968 Act", with respect to applications under the 1968 Act which were pending before the Secretary as of the effective date of this subsection and

bond require that the proprietor comply with all provisions of law and regulations relating to activities covered by the bond, and to pay all taxes imposed by 26 U.S.C. chapter 51, including taxes on unexplained shortages of bottled distilled spirits. The bond will further specify that the proprietor will pay all penalties incurred, or fines imposed, for violations of law and regulations relating

(a) Tax rates. Pipe tobacco and roll-your-own tobacco are taxed at the following rates under 26 U.S.C. 5701(f) and (g), respectively: Open Table

(a) Tax rates. Pipe tobacco and roll-your-own tobacco are taxed at the following rates under 26 U.S.C. 5701(f) and (g), respectively: Open Table

Historical and Revision Notes Based on title 28, U.S.C., 1940 ed., §41(26) (Mar. 3, 1911, ch. 231, §24, par. 26, as added Jan. 20, 1936, ch. 13, §1, 49 Stat. 1096). Words "civil action" were substituted for "suits in equity"; word "plaintiff" was

organization— (1) the deduction under 164 shall be determined with regard to any qualified State and local tax benefit, and (2) expenses paid or incurred by the taxpayer in connection with the performance of services as such a member shall be taken into account under section 170 only to the extent such expenses exceed the amount of any

) holds a series E United States savings bond at the date of maturity, and (2) pursuant to regulations prescribed under chapter 31 of title 31 (A) retains his investment in such series E bond in an obligation of the United States, other than a current income obligation, or (B) exchanges such series E bond for another nontransferable obligation of the United States in an exchange upon which gain or loss is not recognized because of

that are available at prices lower than the prices of identical products provided by multiple award Federal Supply Schedule contracts, or when an urgent requirement exists in accordance with FAR 6.302-2 (48 CFR 6.302-2). [56 FR 12455, Mar. 26, 1991]

), renumbered section 5143 of this title as this section, transferred section to this subchapter, and substituted "this subchapter" for "this part" wherever appearing. Subsec. (c)(2). Pub. L. 109–59, §11125(b)(20)(C), substituted "tobacco products and cigarette papers and tubes" for "liquors" in two places. 1976—Subsec. (d)(4). Pub. L. 94–455 struck out

72 FR 54544, Sept. 26, 2007. § 10.8 Return preparation and application of rules to other individuals. (a) Preparing all or substantially all of a tax return. Any individual who for compensation prepares or assists with the preparation of all or substantially all of a

72 FR 54544, Sept. 26, 2007. § 10.70 Administrative Law Judge. (a) Appointment. Proceedings on complaints for the sanction (as described in § 10.50) of a practitioner

This section lists the paragraphs in §§1.263A-1 through 1.263A-4 and §§1.263A-7 through 1.263A-15 as follows:

In general. Except as otherwise provided in paragraphs (g)(2)(ii) and (g)(3) of this section, a taxpayer required by this section to change from the cash method must take the net section 481(a) adjustment into account over the section 481(a) adjustment period as determined under the applicable administrative procedures issued under §1.446-1(e)(3)(ii) for obtaining the Commissioner's

(a) Operating foundation defined—(1) In general. For purposes of section 4942 and the regulations thereunder, the term “operating foundation” means any private foundation which, in addition to satisfying the assets test, the endowment test or the support test set forth in §53.4942(b)-2