President Pro Tempore as reimbursement of actual expenses incurred upon certification and documentation pursuant to this provision, shall not be reported as income, and the expenses so reimbursed shall not be allowed as a deduction, under title 26. Editorial Notes

. Notice to or service upon the agent shall be deemed notice to or service upon the Institute. (e) Tax status of Institute and programs assisted therebyThe Institute, and any program assisted by the Institute, shall be eligible to be treated as an organization described in section 170(c)(2)(B) of title 26 and as an organization described in

(a)-(g)(1)(ii) [Reserved]. For further guidance, see §1.25-3T(a) through (g)(1)(ii). (g) (1) (iii) Reissued certificate exception. See paragraph (p) of this section for rules regarding the exception in the case of

rollover contribution described in section 402(a)(5), 402(a)(7), 403(a)(4), 403(b)(8), 408(d)(3), or 409(b)(3)(C). (3) Amounts contributed under endowment contracts. (i) For any taxable year, no deduction is allowable under section 219(a) for amounts paid under an endowment contract described in

by such transfers or other action as is necessary to bring the deduction, credit, or other allowance into conjunction with the income (see further §1.269-6). This subparagraph may be illustrated by the following example: Example. Individual A acquires all of the stock

§1.514(g)-1 with respect to such property. For the purpose of this section the term real property and the term premises include personal property of the lessor tax-exempt organization leased by it to a lessee of its real estate if the lease of such personal property is made under, or in connection with, the lease of such real estate. For

(e) Effective date. The option granted by paragraph (a) of this section is available only for taxable years ending on or after October 1, 1978, with respect to geothermal wells commenced on or after that date. (Secs. 263, 9805, Internal Revenue Code of 1954 (92 Stat. 3201, 26 U.S.C. 362; 68A

(a) Artificial arrangements. For purposes of paragraph (a) of §1.953-1, the term “United States risks” also includes under section 953(a)(1)(B) risks which are deemed to be United States risks. They are risks (other than United States risks described in section 953(a)(1)(A) and

computing gain or loss on the sale of any one of such multiple interests shall be determined under §1.1014-5. Thus, the deductions for depreciation and for depletion allowed or allowable, under sections 167 and 611, to a legal life tenant as if the life tenant were the absolute owner of the property, constitute an adjustment to the basis of the property not only in the hands of the life tenant, but also

year, the amount of any estimated tax payments made for such year by any member shall be credited against the tax liability of the group. (3) Effective date. This section applies to taxable years for which the due date (without extensions) for filing returns is after August 6, 1979. For prior taxable years see 26 CFR 1.1502-5 (Revised as of April 1, 1978). (b)

(b), (c), and (d) and the rules of section 615(g) (relating to effect of transfer of mineral property). (c) Effect of election. A taxpayer who has made an election under section 615(e) may never make an election under section 617(a) unless, within the period set forth in section 615(e) and paragraph (b)(1) of §15.1-2, he revokes

, section 2038 does not apply— (1) To the extent that the transfer was for an adequate and full consideration in money or money's worth (see §20.2043-1); (2) If the decedent's power could be exercised only with the consent of all parties having an interest (vested or contingent) in the transferred property, and if the power adds nothing

basis of a contractual arrangement existing at the time of sale. (2) For purposes of applying section 4216(b)(1) and §48.4216(b)-2, section 4216(b)(6) and this paragraph apply to articles sold after June 30, 1962. For purposes of applying section 4216(b)(3) and paragraph (b) of this section, section 4216(b)(6) and this paragraph apply to articles sold after

predetermined purchase price, with funds that have been set aside at the inception of the transaction for that purpose. The entity manager, by deciding to exercise or not exercise the “repurchase” option is not approving or otherwise causing the non-plan entity to become a party to a second prohibited tax shelter transaction. See §601.601(d)(2)(ii)(b) of this chapter

Pub. L. 110–161, div. F, title I, Dec. 26, 2007, 121 Stat. 2108. Pub. L. 109–54, title I, Aug. 2, 2005, 119 Stat. 510. Pub. L. 108–447, div. E, title I, Dec. 8, 2004, 118 Stat. 3052. Pub. L. 108–108, title I, Nov. 10, 2003, 117 Stat. 1254. Pub. L. 108–7, div. F, title I

Pub. L. 113–6, div. B, title II, Mar. 26, 2013, 127 Stat. 248. Pub. L. 112–55, div. B, title II, Nov. 18, 2011, 125 Stat. 610. Pub. L. 111–117, div. B, title II, Dec. 16, 2009, 123 Stat. 3129. Pub. L. 111–8, div. B, title II, Mar. 11, 2009, 123 Stat. 576. Pub. L. 110–161, div. B, title II

sections 911 and 913 2 of title 26, amounts paid by the Institute to its employees shall not be treated as earned income. Amounts received by employees of the Institute shall not be included in gross income, and shall be exempt from taxation, to the extent that they are equivalent to amounts received by civilian officers and employees of the Government of the United States as

Notes of Advisory Committee on Rules—1967 Subdivision (a). This subdivision effects two changes in practice respecting review of Tax Court decisions: (1) Section 7483 of the Internal Revenue Code, 68A Stat. 891, 26 U.S.C. §7483, provides that review of a Tax Court decision may be obtained by filing a petition for

(d)(16), and (l). (e) Area No. 2, at Lord Island. Beginning at latitude 41°26′11″, longitude 72°27′16″; thence extending south southeasterly to latitude 41°26′03″, longitude 72°27′02″; thence extending southeasterly to latitude 41°25′59″, longitude 72°26′51″; thence extending

and the candidate's authorized committee(s) will comply with the applicable requirements of 52 U.S.C. 30101 et seq.; 26 U.S.C. 9031 et seq. and the Commission's regulations at

Institute. Notice to or service upon the agent shall be deemed notice to or service upon the Institute. (e) Tax status of Institute and programs assisted therebyThe Institute, and any program assisted by the Institute, shall be eligible to be treated as an organization described in section 170(c)(2)(B) of title 26 and as an organization described in

sections 16352 and 16353 of this title to support research, development, and commercialization of covered energy. (2) Types of energyIn carrying out paragraph (1), the Secretary may make grants to promote— (A) solar energy; (B) biomass energy; (C) energy efficiency; (D) wind energy;

months pursuant to paragraph (a) of this section or the shipping percentages in paragraph (c) of this section that is unable to meet such performance standards for the current month because of unavoidable circumstances determined by the market administrator to be beyond the control of the handler operating the plant, such as a natural disaster (ice storm, wind storm, flood), fire, breakdown of equipment, or work stoppage, shall be considered to have met the minimum performance standards during the

Wind Speed and Direction When available, As installed As installed 4 Latitude and Longitude When available, As installed

Wind Speed and Direction When available. As installed As installed 4 Latitude and Longitude When available. As installed As

Wind Speed and Direction When available. As installed As installed 4 Latitude and Longitude When available. As installed