For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 · Price $12.35 (cloth covers) Stock Number 048-004-01280-4 Statement of Principles The function of the Internal Revenue Service is to The Service also has the responsibility of apply- These principles of tax administration were previously published weekly Bulletins 1975-1 through 1975-26 for The Internal Revenue Cumulative Bulletin is pre- This part includes rulings and decisions based on provisions of the Internal Revenue Code of 1954. Arrangement is sequential according to Code and regulations sections. The Code section is shown Part II.-Treaties and Tax Legislation. This part is divided into two subparts as follows: Subpart A, Tax Conventions and related Treasury The Internal Revenue Bulletin is the authoritative mote a uniform application of the tax laws, in- cluding all rulings that supersede, revoke, mod- ify, or amend any of those previously published in the Bulletin. All published rulings apply retro- actively unless otherwise indicated. Procedures relating solely to matters of internal management are not published; however, statements of internal practices and procedures that affect the rights and duties of taxpayers are published. Revenue Rulings represent the conclusions of the Service on the application of the law to the entire state of facts involved. In those that are based on positions taken in rulings to taxpayers or technical advice to Service field offices, iden- tifying details and confidential information are deleted to comply with statutory requirements. Rulings and procedures reported in the Bulletin do not have the force and effect of Treasury De- partment Regulations, but they may be used as precedents. Unpublished rulings will not be relied on, used, or cited as precedents by Service per- sonnel in the disposition of other cases. In ap- plying published rulings and procedures, the ef- fect of subsequent legislation, regulations, court decisions, rulings, and procedures must be con- sidered, and Service personnel and others con- cerned are cautioned against reaching the same Part III.-Administrative, Procedural and Miscel- To the extent practicable, pertinent cross refer- ences to these subjects are contained in the other Parts and Subparts. Included in this part The Bulletin Index-Digest System, a research and reference service supplementing the Bulletin, may be obtained from the Superintendent of Documents on a subscription basis. It consists of four Services: Service No. 1, Income Tax; Service No. 2, Estate and Gift Taxes; Service No. 3, Employment Taxes; Service No. 4, Excise Taxes. Each Service consists of a basic volume and a cumulative supplement that provide (1) finding lists of items published in the Bulletin, The synopses preceding Revenue Rulings, Revenue Procedures, and Court Decisions are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations. The contents of this publication are not copyrighted and may be reprinted freely; a citation of the Cumulative Bulletin as the The following abbreviations in current use and formerly used will appear in material published in the Bulletin. A, B, C, etc. The names of individuals. mendation. General Counsel's memorandum). I.R.B. Internal Revenue Bulletin. places or businesses, according to context. M.T. Miscellaneous tax ruling. Mim. Published mimeograph. 0.D. Office Decision. Pub.L. Public Law PS Pension, profit-sharing, stock bonus or annuity plan ruling Rev. Proc. Revenue Procedure. Rev. Rul. Revenue Ruling. R.S. Revised Statute. S.M. Solicitor's Memorandum. Sol. Op. Solicitor's Opinion. S.P.R. Statement of Procedural Rules. S.R. Solicitor's Recommendation. S.S.T. Social Security Tax. S.T. Sales tax ruling. Stat. Statutes at Large. T.C. The Tax Court of the United States. T.D. Treasury Decision. TIR Technical Information Release. U.S.C. United States Code. x and y are used to represent certain numbers and when used with the word "dollars" represent sums of money. Advisory Committees: 635 757 759 Committee Reports: Senate: 813 (P.L. 89-487), 392 93-554 (P.L. 93-597), 497 93-854 (P.L. 93-502) 402 93-1183 (P.L. 93-579), 448 93-1298 (P.L. 93-618), 505 93-1356 (P.L. 93-647), 545 93-1357 (P.L. 93-625), 517 93-36 (P.L. 94-12), 590 House: 125 (P.L. 90-23), 399 93-1416 (P.L. 93-579), 434 94-19 (P.L. 94-12), 569 Conference: 93-1200 (P.L. 93-502), 420 93-1642 (P.L. 93-625), 538 93-1644 (P.L. 93-618), 509 94-120 (P.L. 94-12), 624 Court Decisions: 1968, 377 1969, 329 1970, 379 1971, 372 Delegation Orders: 35 (Rev. 6), 635 42 (Rev. 6), 635 73 Revocation Notice, 636 77 (Rev. 7), 636 77 (Rev. 8), 636 96 (Rev. 2), 637 97 (Rev. 12), 637 112 (Rev. 1), 638 113 (Rev. 2), 639 113 (Rev. 3), 640 127 (Rev. 1) Revocation Notice, 640 139 (Rev. 1), 641 149, 641 Disbarments & Suspensions List: Revenue Procedures—Continued 75-9, 649 75-10, 651 75-11, 652 75-12, 653 75-13, 662 75-14, 662 75-15, 671 75-16, 676 75-17, 677 75-18, 687 75-19, 687 75-20, 688 75-21, 715 75-22, 717 75-23, 719 75-24, 719 75-25, 720 75-26, 722 75-27, 725 75-28, 752 75-29, 754 75-30, 756 Revenue Rulings: 75-1, 5 75-2, 99 75-3, 108 75-4, 165 75-5, 166 75-6, 178 75-7, 244 75-8, 309 75-9, 348 75-10, 389 75-11, 27 75-12, 62 75-13, 67 75-14, 90 75-15, 317 74-16, 340 75-17, 344 75-18, 345 75-19, 382 75-20, 29 75-21, 367 75-22, 49 75-23, 290 75-24, 306 75-25, 359 75-26, 339 75-27, 355 75-28, 68 75-29, 91 75-30, 235 75-31, 10 75-32, 14 75-33, 115 75-34, 271 75-35, 131 75-36, 143 75-37, 148 75-38, 161 75-39, 272 75-40, 276 75-41, 323 75-42, 359 75-43, 383 75-44, 15 75-45, 47 75-46, 55 75-47, 62 75-48, 62 Revenue Rulings—Continued 75-49, 151 75-50, 152 75-51, 190 75-52, 198 75-53, 234 75-54, 293 75-55, 74 75-56, 98 75-57, 141 75-58, 374 75-59, 177 75-60, 179 75-61, 180 75-62, 188 75-63, 294 75-64, 16 75-65, 79 75-66, 85 75-67, 169 75-68, 184 75-69, 253 75-70, 301 75-71, 309 75-72, 310 75-73, 313 75-74, 152 75-75, 154 75-76, 154 75-77, 7 75-78, 8 75-79, 184 75-80, 292 75-81, 326 75-82, 5 75-83, 112 75-84, 236 75-85, 239 75-86, 242 75-87, 325 75-88, 341 75-89, 351 75-90, 17 75-91, 39 75-92, 75 75-93, 101 75-94, 111 75-95, 114 75-96, 139 75-97, 167 75-98, 196 75-99, 197 75-100, 303 75-101, 318 75-102, 351 75-103, 17 75-104, 18 75-105, 29 75-106, 31 75-107, 32 75-108, 69 75-109, 69 75-110, 167 75-111, 251 75-112, 274 75-113, 19 75-114, 138 75-115, 178 75-116, 182 75-117, 273 75-118, 390 75-119, 48 759 Executive Orders: 11822, 641 11859, 642 Public Laws 89-487, 391 90-23, 397 93-502, 400 93-531, 425 93-579, 426 93-597, 495 93-618, 501 93-625, 510 93-644, 542 93-647, 543 94-12, 545 Railroad Retirement Tax Act: 324 325 Revenue Procedures: 75-1, 642 75-2, 642 75-3, 643 75-4, 644 75-5, 645 75-6, 646 75-7, 648 75-8, 648 |