corporation to reacquire its stock from an ESOP that are used in a manner described in section 404(k)(2)(A). See §1.404(k)-3. (b) Exceptions. Paragraph (a) of this section does not apply to any— (1) Deduction allowable under section 163 (relating to interest); (2

, Nov. 26, 1960, as amended by T.D. 6580, 26 FR 11486, Dec. 5, 1961]

section shall not apply, however, to the extent it is determined by applying §1.863-3 that a portion of the taxable income is from sources within the United States and the balance of the taxable income is from sources within a foreign country. In the application of this section, the name of the particular foreign country shall be used instead of the term United States

(a) Exempt from tax. Subject to the provisions of section 1 of the International Organizations Immunities Act (22 U.S.C. 288) (the provisions of which are set forth in paragraph (b)(3) of §1.893-1), the income of an international

total combined voting power owned by United States shareholders provided by paragraphs (b) and (c) of §1.957-1, shall apply. [T.D. 6765, 29 FR 14879, Nov. 3, 1964]

which part I, subchapter T, chapter 1 of the Code, applies shall not, for any purpose under the Code, exclude from its gross income (as a reduction in gross receipts, an increase in cost of goods sold, or otherwise) the amount of any allocation or distribution to a patron out of the net earnings of such organization with respect to patronage occurring during a taxable year beginning after December 31, 1962. See, however, section 1382(b) and

(a) In general. If a taxpayer makes the election described in paragraph (b) of §1.9003-1, he shall be deemed to have consented to the application of section 302(b) of the Act with respect to all taxable years to which the election applies. Thus, subparagraph (F) of section 613(c)(4) of the Internal Revenue Code of 1954 as amended

. Transitional rules are also provided for the treatment of “old funds” existing on or before the effective date of the Merchant Marine Act of 1970 (see §3.10). (b) Cross references. For rules relating to eligibility for a fund, deposits, and withdrawals and other aspects, see the regulations prescribed by the Secretary of Commerce in titles

exceed the liability therefor contracted bona fide and for an adequate and full consideration in money or money's worth. See §20.2043-1. Only interest accrued to the date of the decedent's death is allowable even though the alternate valuation method under section 2032 is selected. In any case where real property situated outside the United States no deduction may be taken of any mortgage thereon or

curtesy, or of a statutory estate created in lieu of dower or curtesy, or of other marital rights in the spouse's property or estate, shall not be considered to any extent a consideration “in money or money's worth.” See, however, section 2516 and the regulations thereunder with respect to certain transfers incident to a divorce. See also sections 2701, 2702, 2703 and 2704 and the regulations at §§25.2701

services for two or more employers and receives tips in the course of his employment by each employer, the $20 test is to be applied separately with respect to the cash tips received by the employee in respect of his services for each employer and not to the total cash tips received by the employee during the month. As to the time tips are deemed paid, see §31.3121(q)-1. For provisions relating

. For the definition of the term “price”, see section 4216 and the regulations thereunder. (c) Liability for tax. (1) The tax imposed by section 4161(b) is payable by the manufacturer, producer, or importer making the sale. For determining who is the manufacturer, producer, or importer, see §48.0-2

(a) In general. Section 4251 imposes a tax on amounts paid for general telephone service; toll telephone service; telegraph service; teletypewriter exchange service; wire mileage service; and wire and equipment service. See §49.4251-2 for rate and application of tax. (b)

a notice of deficiency has been issued, and without regard to the restrictions upon assessment under section 6213. (b) As used in this section and §§301.6871(a)-2 to 301.6873-1, inclusive, the term “proceeding under the Bankruptcy Act” includes a proceeding under chapters I to VII, inclusive, of the Bankruptcy Act, or under section 75 or 77 (

withholding of United States tax—Form to use. To secure exemption from withholding of United States tax at the source in the case of private pensions and life annuities, the nonresident alien who is a resident of France shall file Form 1001A-F, in duplicate, with the withholding agent in the United States. (c) Manner of filing. The provisions of

exemption from, withholding of United States tax the beneficiary must otherwise satisfy the requirements of the respective articles concerned, and shall, where applicable, execute and submit to the fiduciary of the estate or trust in the United States the appropriate form or forms prescribed in §§514.4(b) and 514.6(b). (c) Amounts otherwise

prior section 926 of act July 1, 1944, was renumbered section 927 and is classified to section 299b–26 of this title. Another prior

referenced as appropriate in this part, are: (1) The DoD implementation, in 2 CFR part 1125, of OMB guidance on nonprocurement debarment and suspension. (2) The Governmentwide rule on drug-free workplace requirements, in 32 CFR part 26. (3) The Governmentwide rule on lobbying restrictions, in 32 CFR part 28. (4) Administrative requirements for grants and agreements

There is authorized to be appropriated to the Department of State for use of the United States Section, International Boundary and Water Commission, United States and Mexico, not in excess of $300,000 for the initial cost of the work authorized in

Subsecs. (a) and (b), acts Aug. 26, 1954, ch. 937, ch. III, §451(a), (b), 68 Stat. 843; July 8, 1955, ch. 301, §8(a), 69 Stat. 286; July 18, 1956, ch. 627, §8(a), 70 Stat. 557; Aug. 14, 1957, Pub. L. 85–141, §8(b), 71 Stat. 360; June 30, 1958, Pub. L. 85–477, ch. III, §301, ch. V, §501(12)(B), 72 Stat. 268, 271; July 24, 1959, Pub. L. 86–108, ch. III, §301, 73 Stat. 252; May 14, 1960, Pub. L. 86–472, ch. III, §301, 74 Stat. 138, which related to

chapter 83 of title 5 (the Civil Service Retirement System), the Social Security Act [42 U.S.C. 301 et seq.], and title 26 shall be deemed to refer to participation in the Foreign Service Pension System or the Foreign Service Retirement and Disability System, as appropriate. References

provision of this Act but shall be disposed of pursuant to the provisions of this chapter, in effect prior to the effective date of this Act. References in Text This Act, referred to in text, is

52.247-26, Government Direction and Marking, when office relocations are involved. (b) The contracting officer shall insert the clause at 52.247-27, Contract Not Affected by Oral Agreement.

1852.215-85, Proposal Adequacy Checklist, in the solicitation to facilitate submission of a thorough, accurate, and complete proposal. [63 FR 9954, Feb. 27, 1998, as amended at 79 FR 10687, Feb. 26, 2014; 81 FR 24501, Apr. 26, 2016]

(d) A recipient may not deny any employment opportunity to a qualified handicapped employee or applicant if the basis for denial is the need to make reasonable accommodation to the physical or mental limitations of the employee or applicant. [45 FR 63268, Sept. 24, 1980, as amended at 51 FR 10385, Mar. 26, 1986; 68 FR 51370, Aug. 26, 2003]

Section Source (U.S. Code) Source (Statutes at Large) 22503 36:97. Feb. 24, 1925, ch. 303, §7, 43 Stat. 968; Sept. 26, 1942, ch. 563, 56 Stat. 758; June 26, 1953, ch. 152, 67 Stat. 81; Apr. 12, 1974, Pub. L. 93–267

[Amdt. 173-255, 61 FR 50626, Sept. 26, 1996, as amended at Amdt. 173-255, 62 FR 14338, Mar. 26, 1997; 81 FR 35542, June 2, 2016]