The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1972 - 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 7
... persons . 1.957-1 Definition of controlled foreign corporation . 1.957-2 Controlled foreign corporation deriving income ... person defined . 1.958 Statutory provisions ; rules for determining stock ownership . 1.958-1 Direct and indirect ...
... persons . 1.957-1 Definition of controlled foreign corporation . 1.957-2 Controlled foreign corporation deriving income ... person defined . 1.958 Statutory provisions ; rules for determining stock ownership . 1.958-1 Direct and indirect ...
Page 24
... person , with respect to a share of regulated investment company stock acquired by such person after December 31 , 1957 , and held for a period of less than 31 days , is required by sec- tion 852 ( b ) ( 3 ) ( B ) or ( D ) to include in ...
... person , with respect to a share of regulated investment company stock acquired by such person after December 31 , 1957 , and held for a period of less than 31 days , is required by sec- tion 852 ( b ) ( 3 ) ( B ) or ( D ) to include in ...
Page 25
... person who is required to in- clude in gross income in his return the dividends received on the stock . Such records shall be kept at all times avail- able for inspection by any internal reve- nue officer or employee , and shall be ...
... person who is required to in- clude in gross income in his return the dividends received on the stock . Such records shall be kept at all times avail- able for inspection by any internal reve- nue officer or employee , and shall be ...
Page 37
... person if the real estate investment trust owns , directly or indirectly- ( A ) In the case of any person which is a corporation , stock of such person possessing 10 percent or more of the total combined voting power of all classes of ...
... person if the real estate investment trust owns , directly or indirectly- ( A ) In the case of any person which is a corporation , stock of such person possessing 10 percent or more of the total combined voting power of all classes of ...
Page 38
( A ) A person who does not own , directly or indirectly , more than 35 percent of the shares , or certificates of beneficial interest , in the real estate investment trust , or ( B ) A person , if a corporation , not more than 35 ...
( A ) A person who does not own , directly or indirectly , more than 35 percent of the shares , or certificates of beneficial interest , in the real estate investment trust , or ( B ) A person , if a corporation , not more than 35 ...
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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 described in section determined developed country corporation dividends domestic corporation earnings and profits election erty estate investment trust excluded fair market value first-tier corporation foreign base company foreign country foreign income tax foreign tax credit gain or loss graph gross income holding company income derived income from sources income under section investments in less less developed country liability ment minimum distribution nonresident alien paid or accrued paragraph percent period poration purchased qualified investments rata share reacquisition real estate investment real property received respect sale or exchange section 951 Statutory provisions stock or securities subdivision subparagraph subpart F income subsection taxable income taxpayer tion trade or business trolled foreign corporation United States dollars United States shareholder unused foreign tax
Popular passages
Page 447 - If an exchange would be within the provisions of subsection (b) (1), (2), (3), or (5) of this section if it were not for the fact that the property received in exchange consists not only of property permitted by such paragraph to be received without the recognition of gain, but also of other property or money...
Page 505 - ... as is not in excess of his ratable share of the undistributed earnings and profits of the corporation accumulated after February 28, 1913. The remainder, if any, of the gain recognized under paragraph (1) shall be taxed as a gain from the exchange of property.
Page 153 - 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 394 - 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 424 - If the property was acquired after December 31, 1920, by a transfer in trust (other than by a transfer in trust by a gift, bequest, or devise) the basis shall be the same as it would be in the hands of the grantor, increased in the amount of gain or decreased in the amount of loss recognized to the grantor upon such transfer under the law applicable to the year in which the transfer was made.
Page 84 - 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 453 - For purposes of this paragraph and paragraph (3), the term "control" means the ownership of stock possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote and at least 80 percent of the total number of shares of all other classes of stock of the corporation.
Page 264 - See section 958(b)(4). (e) Options. If any person has an option to acquire stock, such stock: shall be considered as owned by such person. For purposes of the preceding sentence, an option to acquire such an option, and each one of a series of such options, shall be considered as an option to acquire such stock.
Page 548 - 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...
Page 449 - For purposes of this section, section 1035(a), and section 1036(a), where as part of the consideration to the taxpayer another party to the exchange assumed a liability of the taxpayer or acquired from the taxpayer property subject to a liability, such assumption or acquisition (in the amount of the liability) shall be considered as money received by the taxpayer on the exchange.