Sec. 1.1033(e) Statutory provisions; involuntary conversions; livestock destroyed by disease. 1.1033(e)-1 Destruction or disposition of livestock because of disease. 1.1033(f) Statutory provisions; livestock sold on account of drought. 1.1033(f)-1 Sale or exchange of livestock solely on account of drought. 1.1033(g) Statutory provisions; involuntary conversions; condemnation of real property held for productive use in trade or business or for investment. 1.1033(g)-1 Condemnation of real property held for productive use in trade or business or for investment. 1.1033(h) Statutory provisions; involuntary conversions; cross references. 1.1033(h)-1 Effective date. 1.1034 Statutory provisions; sale or exchange of residence. 1.1034-1 Sale or exchange of residence. 1.1035 Statutory provisions; certain exchanges of insurance policies. 1.1035-1 Certain exchanges of insurance policies. 1.1036 Statutory provisions; stock for stock of same corporation. 1.1036-1 Stock for stock of the same corporation. 1.1037 Statutory provisions; certain exchanges of United States obligations. 1.1037-1 Certain exchanges of United States obligations. 1.1038 Statutory provisions; certain reacquisitions of real property. 1.1038-1 Reacquisitions of real property in satisfaction of indebtedness. 1.1038-2 Reacquisition and resale of property used as a principal residence. 1.1038-3 Election to have section 1038 apply for taxable years beginning after December 31, 1957. 1.1039 Statutory provisions; certain sales of low-income housing projects. 1.1039-1 Certain sales of low-income housing projects. SPECIAL RULES 1.1051 Statutory provisions; property acquired during affiliation. 1.1051-1 Basis of property acquired during affiliation. 1.1052 Statutory provisions; basis established by the Revenue Act of 1932 or 1934 or by the Internal Revenue Code of 1939. 1.1052-1 Basis of property established by Revenue Act of 1932. 1.1052-2 Basis of property established by Revenue Act of 1934. 1.1052-3 Basis of property established by the Internal Revenue Code of 1939. 1.1053 Statutory provisions; basis of property acquired before March 1, 1913. 1.1053-1 Property acquired before March 1, 1913. 1.1054 Statutory provisions; certain stock of Federal National Mortgage Association. 1.1054-1 Certain stock of Federal National Mortgage Association. 1.1055 Statutory provisions; redeemable ground rents. 1.1055-1 General rule with respect to redeemable ground rents. 1.1055-2 Determination of amount realized on the transfer of the right to hold real property subject to liabilities under a redeemable ground rent. 1.1055-3 Basis of real property held subject to liabilities under a redeemable ground rent. 1.1055-4 Basis of redeemable ground rent reserved or created in connection with transfers of real property before April 11, 1963. 1.1056 Statutory provisions; cross references. CHANGES TO EFFECTUATE F.C.C. POLICY 1.1071 Statutory provisions; gain from sale or exchange to effectuate policies of Federal Communications Commission. 1.1071-1 Gain from sale or exchange to effectuate policies of Federal Communications Commission. 1.1071-2 Nature and effect of election. 1.1071-3 Reduction of basis of property pursuant to election under section 1071. Sec. 1.1071-4 Manner of election. EXCHANGES IN OBEDIENCE TO S.E.C. ORDERS 1.1081 Statutory provisions; exchanges and distributions in obedience to orders of the Securities and Exchange Commission; nonrecognition of gain or loss. 1.1081-1 Terms used. 1.1081-2 Purpose and scope of exception. 1.1081-3 Exchanges of stock or securities solely for stock or securities. 1.1081-4 Exchanges of property for property by corporations. 1.1081-5 Distribution solely of stock or securities. 1.1081-6 Transfers within system group. 1.1081-7 Sale of stock or securities received upon exchange by members of system group. 1.1081-8 Exchanges in which money or other nonexempt property is received. 1.1081-9 Requirements with respect to order of Securities and Exchange Commission. 1.1081-10 Nonapplication of other provisions of the Internal Revenue Code of 1954. 1.1081-11 Records to be kept and information to be filed with returns. 1.1082 Statutory provisions; basis of property acquired in exchanges and distributions made in obedience to orders of the Securities and Exchange Commission. 1.1082-1 Basis for determining gain or loss. 1.1082-2 Basis of property acquired upon exchanges under section 1081 (a) or (e). 1.1082-3 Reduction of basis of property by reason of gain not recognized under section 1081(b). 1.1082-4 Basis of property acquired by corporation under section 1081(a), 1081(b), or 1081(e) as contribution of capital or suplus, or in consideration for its own stock or securities. 1.1082-5 Basis of property acquired by shareholder upon tax-free distribution under section 1081(c) (1) or (2). 1.1082-6 Basis of property acquired under section 1081(d) in transactions between corporations of the same system group. 1.1083 Statutory provisions; exchanges and distributions in obedience to orders of the Securities and Exchange Commission; definitions. 1.1083-1 Definitions. WASH SALES OF STOCK OR SECURITIES 1.1091 Statutory provisions; losses from wash sales of stock or securities; basis. 1.1091-1 Losses from wash sales of stock or securities. 1.1091-2 Basis of stock or securities acquired in "wash sales”. DISTRIBUTIONS PURSUANT TO BANK HOLDING COMPANY ACT OF 1956 1.1101 Statutory provisions; distributions pursuant to Bank Holding Company Act of 1956. 1.1101-1 In general. 1.1101-2 Certification by Board. 1.1101-3 Tax avoidance. 1.1101-4 Records to be kept and information to be filled with returns. 1.1102 Statutory provisions; distributions pursuant to Bank Holding Company Act of 1956; special rules. 1.1102-1 Basis of property acquired in distributions by qualified bank holding corporations. 1.1102-2 Filing of notification under section 1102(b) by qualified bank holding corporations. Sec. 1.1102-3 Allocation of earnings and profits in certain distributions by qualified bank holding corporations. 1.1103 Statutory provisions; distributions pursuant to Bank Holding Company Act of 1956; definitions. AUTHORITY: Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805, unless otherwise noted. SOURCE: Treasury Decision 6500, 25 FR 11910, Nov. 26, 1960; 25 FR 14021, Dec. 31, 1960, unless otherwise noted. Sec. 1.871-10 Election to treat real property income as effectively connected with U.S. business. 1.871-11 Gains from sale or exchange of patents, copyrights, or similar property. 1.871-12 Determination of tax on treaty income. 1.871-13 Taxation of individuals for taxable year of change of U.S. citizenship or residence. 1.872 Statutory provisions; gross income. 1.872-1 Gross income of nonresident alien individuals. 1.872-2 Exclusions from gross income of nonresident alien individuals. 1.873 Statutory provisions; deductions. 1.873-1 Deductions allowed nonresident alien individuals. 1.874 Statutory provisions; allowance of deductions and credits. 1.874-1 Allowances of deductions and credits to nonresident alien individuals. 1.875 Statutory provisions; partnerships. 1.875-1 1.875-2 Partnerships. Beneficiaries of estates or trusts. 1.876 Statutory provisions; alien residents of Puerto Rico. 1.876-1 Alien residents of Puerto Rico. 1.877 Statutory provisions; expatriation to avoid tax. 1.878 Statutory provisions; certain foreign exempt organizations. FOREIGN CORPORATIONS 1.881 Statutory provisions; tax on income of foreign corporations not connected with United States business. 1.881-1 Manner of taxing foreign corporations. 1.881-2 Taxation of foreign corporations not engaged in U.S. business. 1.882 Statutory provisions; tax on income of foreign corporations connected with United States business. 1.882-1 Taxation of foreign corporations engaged in U.S. business or of foreign corporations treated as having effectively connected income. 1.882-2 Income of foreign corporations treated as effectively connected with U.S. business. 1.882-3 Gross income of a foreign corporation. 1.882-4 Allowance of deductions to foreign corporations. 1.883 Statutory provisions; exclusions from gross income. 1.833-1 Exclusions from gross income of foreign corporations. 1.884 Statutory provisions; cross references. MISCELLANEOUS PROVISIONS 1.891 Statutory provisions; doubling of rates of tax on citizens and corporations of certain foreign countries. 1.892 Statutory provisions; income of foreign governments and of international organizations. 1.892-1 Income of foreign governments and international organizations. 1.893 Statutory provisions; compensation of employees of foreign governments or international organizations. 1.893-1 Compensation of employees of foreign governments or international or ganizations. 1.894 Statutory provisions; income affected by treaty. 1.894-1 Income affected by treaty. 1.895 Statutory provisions; income derived by a foreign central bank of issue from obligations of the United States or from bank deposits. 1.895-1 Income derived by a foreign central bank of issue, or by Bank for International Settlements, from obligations of the United States or from bank deposits. 1.896 Statutory provisions; adjustment of tax on nationals, residents, and corporations of certain foreign countries. INCOME FROM SOURCES WITHOUT THE UNITED STATES FOREIGN TAX CREDIT Sec. 1.901 Statutory provisions; taxes of foreign countries and of possessions of the United States. 1.901-3 Reduction in amount of foreign taxes on foreign mineral income allowed as a credit. 1.902 Statutory provisions; credit for corporate stockholder in foreign corporation. 1.902-1 Credit for domestic corporate shareholder of a foreign corporation. 1.902-2 Definition of less developed country corporation for purposes of section 902. 1.903 Statutory provisions; credit for taxes in lieu of income, etc., taxes. 1.903-1 Definition of taxes in lieu of income, war profits, or excess profits taxes. 1.904 Statutory provisions; limitation on credit. 1.904-1 Limitation on credit for foreign taxes. 1.904-2 Carryback and carryover of unused foreign tax. 1.904-3 Carryback and carryover of unused foreign tax by husband and wife. 1.904-4 Separate limitation for section 904(f) interest. 1.904-5 Separate limitation for section 904(f) dividends. 1.905 Statutory provisions; applicable rules. 1.905-1 When credit for taxes may be taken. 1.905-2 Conditions of allowance of credit. 1.905-3 Redetermination of the tax when credit proves incorrect. 1.905-4 Credit for taxes accrued but not paid. 1.905-5 Credit for United Kingdom income taxes paid with respect to royalties. EARNED INCOME OF CITIZENS OF UNITED STATES 1.911 Statutory provisions; earned income from sources without the United States. 1.911-1 Earned income from sources without the United States attributable to services performed before 1963. 1.911-2 Earned income from sources without the United States attributable to services performed after 1962. 1.912 Statutory provisions; exemptions for certain allowances. 1.912-1 Exclusion of certain cost-of-living allowances. 1.912-2 Exclusion of certain allowances of Foreign Service personnel. WESTERN HEMISPHERE TRADE CORPORATIONS 1.921 Statutory provisions; definition of Western Hemisphere trade corporations. 1.921-1 Definition of Western Hemisphere trade corporation. 1.922 Statutory provisions; special deduction. 1.922-1 Special deduction of Western Hemisphere trade corporation. POSSESSIONS OF THE UNITED STATES 1.931 Statutory provisions; income from sources within possessions of the United States. 1.931-1 Citizens of the United States and domestic corporations deriving income from sources within a certain possession of the United States. 1.932 Statutory provisions; taxation of citizens of possessions of the United States. 1.932-1 Status of citizens of U.S. possessions. 1.933 Statutory provisions; income from sources within Puerto Rico. 30-062 O-78-2 |