Internal Revenue Service-Continued Excise tax regulations-Continued Trucks. See Motor vehicles. Vegetable oils, processing tax on; contracts, export, etc., 26 Part 306 Contraband firearms or narcotics, vessels transporting; seizure of, 26 Supplies: Alcohol, distilled spirits, fermented malt liquors. See Liquors, distilled spirits. Tobacco and products for use as sea stores, 26 Part 141 Transporting persons or property. See Transportation of persons or Vinegar, production of, by vaporizing process, 26 (1954) Part 195 Distillation. See Plant operation. Losses, instructions respecting, 26 §§ 195.161-191.165, 195.245-195.254 Discontinuance of business, 26 §§ 195.210-195.212 Commencement of operations, 26 §§ 195.152, 195.153 Distillation, 26 §§ 195.156-195.160 Inspection of premises and records, 26 § 195.151 Losses, 26 §§ 195.161-195.165 Mashing and fermenting, 26 §§ 195.154, 195.155 Removal and testing of vinegar, 26 §§ 195.166, 195.167 Production, sale, or removal of mash, wort, or wash, 26 §§ 195.220. 195.221 Suspension and resumption, 26 §§ 195.185-195.187 Records and reports, proprietor's, 26 §§ 195.175-195.178, 195.202 Stills: Capacity of stills, rules for computing, 26 §§ 195.260-195.262 Vinegar factories: Changes in name, proprietorship, control, location, premises, and equipment, requirements governing, 26 §§ 195.110–195.132, 195.200-195.203 Construction, 26 §§ 195.40-195.43 Discontinuance of business, 26 §§ 195.210-195.212 Equipment, 26 §§ 195.55-195.69 General provisions, 26 §§ 195.220-195.226 Exceptions to requirements respecting construction, equip ment, and operation, 26 §§ 195.224-195.226 Inspection of records and premises, 26 § 195.222 Production, sale, or removal of mash, wort, or wash, 26 §§ 195. 220, 195.221 Samples may be taken by officers, 26 § 195.223 Inspection of vinegar factories, 26 §§ 195.222, 195.235-195.237 Location and use, 26 §§ 195.35, 195.36 Operation of. See Operations. Plats and plans, 26 §§ 195.95-195.103 Qualifying documents, 26 §§ 195.75–195.88 Sign, 26 § 195.50 Vinegar, wine. See Liquors, distilled spirits. Virgin Islands; liquors and articles from. See Liquors, distilled spirits. Volatile fruit-flavor concentrates. See Fruit-flavor concentrates. Internal Revenue Service—Continued Excise tax regulations-Continued Warehouses: Distilled spirits, industrial alcohol, etc. See Liquors, distilled spirits. Tobacco export warehouses, operation of; administrative provisions respecting, 26 §§ 451.40-451.58 Withdrawals from. See Liquors, distilled spirits; and Tobacco and products. Watches; tax on sales by retailers, 26 § 320.34 Whiskey. See Liquors, distilled spirits. Wines. See Liquors, distilled spirits, wine. Withdrawals from warehouses. and products. See Liquors, distilled spirits; and Tobacco Exports; excise tax regulations. See Excise tax regulations. Extraordinary circumstances; postponement by reason of war of time for performing acts affecting Federal tax liability of individuals in extraordinary circumstances, 26 §§ 472.901-472.904 Federal Alcohol Administration Act, regulations under. See Liquors, distilled spirits, etc. Federal Insurance Contributions Act; employees' tax and employers' tax under. See Employment tax regulations. Federal Unemployment Tax Act; excise tax under, on employers of eight or more persons. See Employment tax regulations. Field glasses; excise tax on sales by retailers, 26 § 320.36 Film (still or motion picture), unexposed; excise tax on, 26 §§ 316.120-316.122 Finland, taxation pursuant to treaties with. See Treaties and tax conventions. Firearms: Contraband; seizure of vessels, vehicles, and aircraft transporting, 26 Parts 466, 468 Excise tax on. See Excise tax regulations. Flour, mixed, exportation without payment of excise tax, 26 §§ 451.1-451.16 Foreign corporations or foreign personal holding companies; income tax on. See Income and excess profits taxes regulations. Foreign estates, tax on. See Estate and gift taxes regulations. Foreign insurance policies, documentary stamp tax on, 26 §§ 113.100-113.110 Foreign-trade zones; removals to, of liquors, playing cards, stills, tobacco products, etc. See Excise tax regulations. France, taxation pursuant to treaties with. See Treaties and tax conventions. Gambling; excise tax and special occupational tax on wagering, 26 Part 325. Gauging manual for liquors, distilled spirits, etc.; excise tax regulations, 26 (1954) Part 186 Germany, taxation pursuant to Convention with. See Treaties and tax conventions. Gift tax regulations. See Estate and gift taxes regulations. Gin: See also Liquors, distilled spirits, etc. Excise tax on. See Excise tax regulations. Ginger, tincture of, classification as intoxicating liquor; excise tax regulations, 26 § 171.6 Gold or silver flatware or hollow ware; excise tax on sales by retailers, 26 § 320.35 Great Britain, taxation pursuant to treaties with. See Treaties and tax con ventions. Greece, taxation pursuant to convention with. See Treaties and tax conventions. Husband and wife; income estate, gift, etc., tax provisions affecting. See Administrative provisions; Estate and gift taxes regulations; and Income and excess profits taxes regulations. Internal Revenue Service—Continued Hydraulic mining in California; tax on debris, by California Debris Commission, 26 Part 317 Imports: Excise tax regulations, respecting imports of distilled spirits, wines, malt liquors, firearms, tobacco, gasoline, matches, etc. See under Excise tax regulations. Reimportation of domestic articles exported without payment of excise tax; administrative provisions, 26 §§ 451.36-451.38 Income and excess profits taxes regulations (1939 IRC): See also Income tax regulations (1954 IRC), below. Administrative provisions respecting. See Administrative provisions common to various taxes, above; and Practice, procedure and administration, below. Affiliated corporations; consolidated income tax returns. See Consolidated income tax returns; and Income tax. Aircraft: Army or Navy contracts for; taxation of excess profits in connection with, 26 Parts 16, 17 Income of nonresident aliens from operation of; taxation pursuant to treaties with Canada, Denmark, France, Netherlands, Sweden, United Kingdom, 26 §§ 7.26, 7.205, 7.416, 7.518, 7.856, 7.956 Aliens, nonresident: Income tax regulations. See Income tax. Taxation pursuant to treaties with various countries. See Treaties and tax conventions. Armed forces, members of; income tax regulations affecting. See Income tax. Army contracts for aircraft; taxation of excess profits in connection with, 26 Part 16 Collection of income tax at source on wages. See Employment tax regulations, above. Consolidated income and excess profits tax returns, for affiliated corporations, 26 Part 24 Administrative provisions, 26 §§ 24.10-24.19 Accounting period of affiliated group, 26 § 24.14 Carry-back adjustments, tentative, 26 § 24.19 Change in affiliated group during taxable year; effects of, 26 § 24.13 Exercise of privilege of making consolidated return, 26 § 24.10 Liability for tax, 26 § 24.15 Making consolidated return (forms designated), and filing other forms, 26 § 24.12 Subsequent years, consolidated returns for; requirements, 26 § 24.11 Waivers; acceptance, effect, etc., 26 § 24.17 Computation of tax; recognition of gain or loss, and basis, 26 §§ 24.3024.45 Accounting, methods of, 26 § 24.44 Computation; bases, method, etc., 26 §§ 24.30-24.32 Foreign taxes; credit for, 26 § 24.43 Gain or loss, recognition of: Bad debts, 26 § 24.40 Capital loss limitations and carry-over, 26 § 24.42 Inventories, 26 § 24.39 Mine exploration expenditures, 26 § 24.45 Property; sale, depletion, etc., 26 § 24.38 Stocks, bonds, and other obligations: Corporation's bonds, sale and retirement of, 26 § 24.41 Sales of, 26 §§ 24.33-24.36 Definitions, 26 § 24.2 General provisions, 26 §§ 24.0-24.3; 39.141-1 Internal Revenue Service-Continued Income and excess profits taxes regulations (1939 IRC)—Continued Construction reserve funds for vessels, establishment of. See Vessels. Conventions or treaties with various countries; income taxation pursuant to. See Treaties and tax conventions. Corporations: Consolidated returns for affiliated corporations. See Consolidated in- General provisions, for computation of net income, etc. See under Railroads. See Railroads. Treaties with various countries, taxation pursuant to. See Treaties. Excess profits: Army and Navy contracts, for aircraft or vessels; excess profit liability respecting: Army contracts for aircraft, regulations under section 14 of act of April 3, 1939, and other provisions; computation of excess profit liability, cost of performing contract, credits, etc., 26 Part 16 Navy contracts for naval vessels or aircraft, regulations for income- Tax on excess profits for taxable years ending after June 30, 1950. Excess profits tax; taxable years ending after June 30, 1950, 26 Part 40 Excess profits credit: Acquisitions prior to December 1, 1950, income in connection with; rules for computing credit, by purchasing corporations, 26 §§ 40.471-1-40.471-6 Computation of. See Rates and computation of tax. In connection with certain exchanges. See Exchanges and liquidations. Exchanges and liquidations: Excess profits credit based on income of acquiring and component corporations in connection with certain exchanges, 26 §§ 40.461-1-40.464-3 Average base period net income, 26 §§ 40.462-1-40.462-15 Abnormalities in income in taxable year, treatment of, 26 § 40.462-14 Allocation rules in case of Part II transactions described in section 461 (a) (1) (E) of Act, 26 § 40.462-9 Alternative average base period net income: Based on growth, 26 § 40.462-2 Under sections 442, 443, 444, 445, or 446 of Act, 26 § 40.462-3 Under section 459 (d) (television broadcasting companies), 26 § 40.462-5 Application of sections 442-446 of Act, 26 §§ 40.462-440.462-8 General rules for determining of, in case of acquiring cor poration, 26 § 40.462-1 Limitations under section 462 (j) (2) of Act, 26 § 40.462-11 Minimum average base period net income of acquiring corporation, 26 § 40.462-13 Partnerships and sole proprietorships, 26 § 40.462-12 Stock acquisitions, certain, limitations under section 462 (j) (1) in case of, 26 § 40.462-10 Internal Revenue Service—Continued Income and excess profits taxes regulations (1939 IRC)-Continued Exchanges and liquidations-Continued Excess profits credit based on income-Continued Capital changes: Base period capital additions, 26 §§ 40.464-1-40.464-3 Net capital addition or reduction, 26 § 40.463-1 Definitions: Acquiring corporations, 26 §§ 40.461-2, 40.461-4 Component corporations, 26 §§ 40.461-3, 40.461-4, 40.461-6 Provisions generally applicable under Part II, Excess Profits Purpose and scope of Part II, Excess Profits Tax Act of 1950, Television broadcasting companies; credit in connection with certain exchanges, 26 § 40.461-8 Invested capital in connection with certain exchanges and liquidations, 26 §§ 40.470-1-40.472-8 Adjusted basis of assets received in certain intercorporate liquidations, 26 § 40.470-1 Exchanges, 26 §§ 40.471-1-40.471-3 Invested capital adjustment at time of tax-free intercorporate Rate and computation of tax, 26 §§ 40.430-1-40.459 (e)-1 In gross income, in taxable period, 26 §§ 40.456-1-40.456-9 Accounting, elections respecting, in case of installment basis tax- Adjusted profits net income, computation of: Definition, 26 § 40.431-1 Excess profits credit. See Credit. Assets, admissible and inadmissible, 26 § 40.440-1 Capital credit: Borrowed capital, 26 § 40.439-1 Equity invested capital, 26 §§ 40.458-1-40.458-8 Invested capital credit, adjusted, 26 §§ 40.437-1-40.437-8 New capital credit, 26 §§ 40.438-1-40.438-4 Catastrophe by fire, storm, etc., during base period; computation of net income, 26 § 40.459 (b)-1 Civil Aeronautics Act, corporations subject to; exemption of, 26 § 40.454-1 Corporations, new; computation of net income, 26 § 40.445–1, 40.445-2 Corporations exempt from excess profits tax, 26 § 40.454–1 Credit, excess profits: See also Capital credit. Allowance, 26 § 40.434-1 Based on income, 26 §§ 40.435-1-40.435-7 Based on invested capital, 26 §§ 40.436-1, 40.436-2 Rules for determining, 26 § 40.441-1 Unused excess profits credit, adjustment, 26 § 40.432-1 Exempt corporations, 26 § 40.454-1 Expenditures (advertising, etc.), capitalization of, 26 §§ 40.451-1— 40.451-3 Foreign corporations; exemption, 26 § 40.454-1 |