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 27
... respect thereto shown on such forms . The totals of the listed amounts of un- distributed capital gains and of tax paid with respect thereto must agree with the corresponding entries on Form 2438 . ( 3 ) Payment of tax . The tax ...
... respect thereto shown on such forms . The totals of the listed amounts of un- distributed capital gains and of tax paid with respect thereto must agree with the corresponding entries on Form 2438 . ( 3 ) Payment of tax . The tax ...
Page 36
... respect to capital gain dividends , section 853 ( c ) and § 1.853-3 with respect to allowance to shareholder of foreign tax credit , and section 854 ( b ) ( 2 ) and § 1.854-2 with respect to the amount of a distribution which may be ...
... respect to capital gain dividends , section 853 ( c ) and § 1.853-3 with respect to allowance to shareholder of foreign tax credit , and section 854 ( b ) ( 2 ) and § 1.854-2 with respect to the amount of a distribution which may be ...
Page 37
... respect to securities for which market quotations are readily available , the market value of such securities ; and with respect to other securities and assets , fair value as determined in good faith by the trustees , except that in ...
... respect to securities for which market quotations are readily available , the market value of such securities ; and with respect to other securities and assets , fair value as determined in good faith by the trustees , except that in ...
Page 54
... respect to capital gains dividends may be satisfied with respect to amounts to which section 858 ( a ) and this section apply if the notice relating to such amounts is mailed to the shareholders not later than 30 days after the close of ...
... respect to capital gains dividends may be satisfied with respect to amounts to which section 858 ( a ) and this section apply if the notice relating to such amounts is mailed to the shareholders not later than 30 days after the close of ...
Page 102
... respect to such accumulated profits , which the amount of such dividends ( determined without regard to section 78 ) bears to the amount of such accumulated profits in excess of such in- come , war profits , and excess profits taxes ...
... respect to such accumulated profits , which the amount of such dividends ( determined without regard to section 78 ) bears to the amount of such accumulated profits in excess of such in- come , war profits , and excess profits taxes ...
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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.