The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1968 - Administrative law The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government. |
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Page 19
... graph , be treated as loss from the sale or exchange of a capital asset held for more than 6 months . For purposes of this para- graph , the rules of section 246 ( c ) ( 3 ) shall apply in determining whether any share of stock has been ...
... graph , be treated as loss from the sale or exchange of a capital asset held for more than 6 months . For purposes of this para- graph , the rules of section 246 ( c ) ( 3 ) shall apply in determining whether any share of stock has been ...
Page 22
... graph ( a ) ( 2 ) of § 1.702-1 . The tax with respect to the undistributed capital gains is deemed paid by the partnership ( un- der section 852 ( b ) ( 3 ) ( D ) ( ii ) and sub- paragraph ( 2 ) ( ii ) of this paragraph ) , and the ...
... graph ( a ) ( 2 ) of § 1.702-1 . The tax with respect to the undistributed capital gains is deemed paid by the partnership ( un- der section 852 ( b ) ( 3 ) ( D ) ( ii ) and sub- paragraph ( 2 ) ( ii ) of this paragraph ) , and the ...
Page 48
... graph ( e ) of § 1.857-4 ) ; ( d ) The taxable income shall be com- puted without regard to section 443 ( b ) . Thus , the taxable income for a period of less than 12 months shall not be placed on an annual basis even though such short ...
... graph ( e ) of § 1.857-4 ) ; ( d ) The taxable income shall be com- puted without regard to section 443 ( b ) . Thus , the taxable income for a period of less than 12 months shall not be placed on an annual basis even though such short ...
Page 49
... graph , a share of real estate investment trust stock has been held for a period of less than 31 days . In applying those rules , however , " 30 days " shall be sub- stituted for the number of days speci- fied in subparagraph ( B ) of ...
... graph , a share of real estate investment trust stock has been held for a period of less than 31 days . In applying those rules , however , " 30 days " shall be sub- stituted for the number of days speci- fied in subparagraph ( B ) of ...
Page 56
... graph applies ) unless less than 50 per- cent of such foreign corporation's gross income for the 3 - year period ending with the close of its taxable year preceding the declaration of such dividend , or for such part of such period as ...
... graph applies ) unless less than 50 per- cent of such foreign corporation's gross income for the 3 - year period ending with the close of its taxable year preceding the declaration of such dividend , or for such part of such period as ...
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Common terms and phrases
adjusted basis allocated allowed amount apply capital gain chain or group class of stock computed controlled foreign corporation Corporation's December 31 deductions deemed paid derived from sources described in section determined dividends domestic corporation earnings and profits election erty estate investment trust excluded export trade assets fair market value filed foreign base company foreign country foreign income tax foreign tax credit gain or loss graph gross income holding company income derived income from sources investments in less less developed country liability ment minimum distribution nonresident alien paid or accrued paragraph percent period poration Puerto Rico purchased qualified investments rata share reacquisition real estate investment real property received respect sale or exchange section 959 Statutory provisions stock or securities subdivision subparagraph subpart F income subsection taxable income taxes paid taxpayer tion trade or business trolled foreign corporation United States dollars United States shareholder unused foreign tax
Popular passages
Page 365 - Amount realized. — The amount realized from the sale or other disposition of property shall be the sum of any money received plus the fair market value of the property (other than money) received.
Page 504 - I Bureau of Indian Affairs, Department of the Interior II Indian Arts and Crafts Board, Department of the Interior III Indian Claims Commission...
Page 74 - The income of a nonresident alien individual which consists exclusively of earnings derived from the operation of a ship or ships documented under the laws of a foreign country which grants an equivalent exemption to citizens of the United States and to corporations organized in the United States shall not be included in gross income and shall be exempt from taxation under this chapter.
Page 416 - Secretary, expended in the acquisition of other property similar or related in service or use to the property so converted, or in the acquisition of control of a corporation owning such other property, or in the establishment of a replacement fund, no gain shall be recognized, but loss shall be recognized. If any part of the money is not so expended...
Page 59 - Income shall first be computed by deducting from the gross Income derived from the sale of personal property produced (in whole or In part) by the taxpayer within the United States and sold within a foreign country or produced (In whole or In part) by the taxpayer within a foreign country and sold within the United States...
Page 510 - Appalachian Regional Commission Arms Control and Disarmament Agency, US Federal Procurement Regulations System Army Department Civil Defense, Office of Engineers, Corps of Arts and the Humanities, National Foundation on the Atomic Energy Commission Federal Procurement Regulations System Federal Property Management Regulations System Automotive Agreement Adjustment Assistance Board Blind-Made Products, Committee on Purchases of Budget...
Page 243 - States— (1) If 80 per centum or more of the gross income of such citizen or domestic corporation (computed without the benefit of this section) for the three-year period immediately preceding the close of the taxable year (or for such part of such period immediately preceding the close of such taxable year as may be applicable) was derived from sources within a possession of the United States...
Page 57 - States, there shall be deducted (for the purpose of computing the taxable income therefrom) the expenses, losses, and other deductions properly apportioned or allocated thereto and a ratable part of other expenses, losses, or other deductions which cannot definitely be allocated to some item or class of gross income.
Page 409 - No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates of trust or beneficial interest, or other securities or evidences of indebtedness or interest) is exchanged solely for property of a like kind to be held either for productive use in trade or business or for investment.
Page 509 - III International Regulatory Agencies (Fishing and Whaling) IV Fish and Wildlife Service, Department of the Interior Alphabetical List of CFR Subtitles and Chapters Administrative Committee of the Federal Register Advisory Commission on Intergovernmental Relations Agency for International Development Federal Procurement Regulations System Aging, Administration on Agricultural Research Service Agricultural Stabilization and Conservation Service Agriculture Department Agricultural Research Service...