Exchanges of property-Continued
Section 1245 property in Puerto Rico, transfer to domestic corpo- ration (RR 569) 314 Technical "know-how", in perpetu- ity transfer (RR 564) 179 Exempt income:
Bond interest, Guam Economic De- velopment Authority (RR 402) 91
German convention, compensation
paid, political persecution under National Socialism (RR 477) 479 United Kingdom convention: Foreign corporation, permanent establishment in U.S., invest- ment income (RR 302) 267 Resident alien (RR 566) 267 Exemption organizations: General:
Information returns:
Community chest support (RR 554) 405
Filing, disclosure to State offi-
cials, public inspection (TD) 7122) 393
Penalties for failure to file (TD
Student government association (RR 553) 404
Ruling procedures, public inter-
est law firms (RP 39) 575 Private foundations:
Annual reports:
Filing public inspection (TD 7122) 393
Penalties for failure to file (TD 7127) 424
Governing instruments, State laws enacted (RR 547) 239 Returns, extension of time, status pending (RP 41) 577
Prohibited transactions:
Employees' pension trust, loan to labor union (RR 462) 238 Multi-employer trust, unsecured loan (RR 479) 238
Charitable, etc., organizations: Art gallery (RR 395) 228 Bar association, local (RR 505) 232
Clearinghouse and course
ordinator, classes in commu- nity (RR 413) 228
Exemption organizations Continued Qualification-Continued
Charitable, etc., organizations- Continued
Dog training club (RR 421) 229
Engineering society, heating and air conditioning (RR 506) 233
Foreign charitable activities, domestic corporation (RR 460) 231
Genealogical research, family members, religious purpose (RR 580) 235 International exposition (RR 545) 235
Investment management serv- ices, college and universities, nonprofit (RR 529) 234 Medical society, local (RR 504) 231
Private school, racially nondis- criminatory policy (RR 447) 230
Thrift shop (RR 581) 236 Title-holding corporation (RR 544) 227
Civic organizations: Social welfare, representation on tax matters (RR 530) 237 Cooperatives:
Farmers, federated, "look through" principle, effective date (RR 493) 240 Miscellaneous:
Cemetery company, cremato-
rium (RR 300) 238 Unrelated income, thrift shop, separately operated (RR 581) 236 Exemptions:
Adopted or foster children (TD 7123) 107
Child in school for mentally re-
tarded, State aid (RR 347) 114 Children of divorced or separated parents, evidence of support (TD 7145) 115 Support:
Children committed to State training school (RR 491) 114
Exemptions-Continued Dependents Continued Support-Continued
State benefit payments (RR 468) 115 Exploration and development: Intangible drilling and development costs, advance payments (RR 579) 225 Extension of time:
Corporate return, application Form 7004 (TD 7138) 407 Elections, amortization of pollution control facilities (TD 7135) 154 Payment of tax or deficiency (TD 7133) 415
Returns, private foundations, status pending (RP 41) 577 Farmers and farming:
Advance payments for crops sold to cooperative (RR 430) 219 Almond groves, planting and de- velopment costs (TD 7136) 171 Horses for racing or sporting pur-
poses, determination (RP 33) 572 Livestock exchanges, different sexes (TD 7141) 304
Livestock holding period, deprecia-
tion recapture (TD 7141) 304 Value of summer fallow, farmland purchased (RR 348) 122 Fellowships (See: Scholarships and fellowships)
Gain or loss-Continued Recognition-Continued
Reorganization exchange, securi- ties for stock and cash (RR 427) 183
Term interests in property, sale or other disposition (TD 7142)
295 Reorganizations (See: Reorganiza- tions)
Gifts and inheritances:
Term interests in property (TD 7142) 295
Gross income (See also: specific sub- ject headings): Exclusions:
Combat pay, compensation other than active duty pay (RR 343) 92
Death benefits, deferred compen- sation plan, payment to de- ceased employee's widow (RR 361) 90
Employee medical information plan, computer data bank (RR 282) 156
Insurance reimbursements for liv-
ing expenses, loss of residence (TD 7118) 105
Payments by state welfare agency, work training program (RR 425) 76
Veterans, educational assistance allowances (RR 536) 78
Government allowances, employ- ees on Santa Barbara islands (RR 303) 272 Interest, insured loans, Agricul- tural Credit Insurance Fund (RR 594) 91
Partnership, retirement income, payments to surviving spouse (RR 507) 331
Political contributions, personal use (RR 449) 77
Research program awards, Amer- ican Heart Association (RR 379) 100
Affiliated group, subsidiary's first separate return period (RR 570) 325 Canning factory, unlabeled can goods (RR 366) 225 LIFO, price indexes, department stores (RR 452) 226
LIFO method, discontinuance, ad- justment (RP 71-16, Amendment I) 527
Raw materials, LIFO method,
multi-pool dollar-value to single pool dollar-value (RR 351) 216 Seed packets, contract of sales or return (RR 451) 217 Investment credit:
Giant amusement slides (RR 377) 63 Macadamia tree (RR 488) 60 Machinery furnished exempt or- ganizations and governmental units (RR 397) 63
Investment credit-Continued Mutual savings bank, two partial taxes (RR 386) 59
Refrigerator and freezer structures, milk products and ice cream (RR 489) 64
Replacement property, farm tractor for truck (RR 575) 61 Roadways, manufacturing complex (RR 555) 65
Storage facilities, grain, peanut, po- tatoes (RR 359) 61
Termination, transitional rules (TD) 7126) 66
Involuntary conversions:
Condemnation:
Limitation period—Continued Waiver, execution, liquidating cor- poration (RR 71-467) 411 Liquidations:
Partial, active business requirement, period between sale and distribu- tion (RR 473) 179
Subsidiary into parent, distribution delayed, basis of property (RR 326) 177
Livestock sales (See: Farmers and farming)
Loans, real property, FHLMC partici- pation certificates (RR 399) 433 Losses (See also: Net operating loss): Accountant, client's account pur- chased, business terminated (RR 418) 125 Casualty:
Disaster areas, year of deduction (RR 592) 127
Smog damage (RR 560) 126 Residence exchanged for annuity contract (RR 492) 127 Theft, loan induced by fraudulent financial reports (RR 381) 126 Wash sales, securities puchased on margin (RR 316) 311
Meals and lodging:
Meals furnished employees (RR 411) 103
Medical expenses:
Legal fees, commitment to mental
institution (RR 281) 165 Retarded child, special school (RR 347) 114
Subscription to medical information
plan, computer data bank (RR 282) 166
Mines and mining (See: Natural resources)
Rental allowance, personal residence purchased (RR 280) 92
Minors (See also: Exemptions): Stock in small business corporations, shareholder consents (RR 287) 317
Natural resources:
Coal mine safety equipment, amorti- zation (TD 7137) 161
Cutting, cooperative, patronage income (RR 439) 321
Natural resources-Continued
Timber-Continued Disposal expenses (RR 334) 248 Specified road construction, pur- chaser credit, Forest Service contract (RR 354) 246
Net operating loss: Carryback:
Community income (RR 382) 156
Foreign tax credit adjustment (RR 432) 270; (RR 533)
413; (RR 534) 414 Ship operator, subsidized and un- subsidized operations, Merchant Marine Act (RR 349) 155 Small business corporation, loan payment by shareholder-guaran- tor (RR 288) 319
Nonbusiness expenses, fees paid psy-
chological study organization in seeking employment (RR 308) 167 Nonresidents:
Fellow at U.S. university, stipends and allowances received (RR 345) 95
Interest on foreign obligations, U.S. underwriter (RR 516) 264
Citizen: Author, royalties plus cash (RR 315) 271 Employees' annuities, bona fide
foreign resident (RR 458) 86 Foreign government representatives, employees, family members (RR 565) 266
United Kingdom convention, pe- riodic bonus payments, pensions (RR 478) 490
Instrumentalities of United States: Rural Telephone Bank (PL 92- 12) 491
U.S. Postal Service (RR 537) 262 U.S. or possessions, Guam, govern- ment bonds (RR 402) 91
Oil and gas properties:
Intangible drilling and development costs, advance payment (RR 579) 225
Pipeline easements, depreciation (RR 448) 130
Optional tax method: Application, use of table (TD 7117) 5
Husband and wife, separate returns
Options (See also: Employee stock options):
"Put", premiums paid by purchaser (RR 521) 313 Overpayments:
Foreign tax credit carryback: Interest computation (RR 534) 414
Limitation period (RR 533) 413 Joint returns, divorce and remar- riage (RR 324) 410
Bankruptcy, operating loss and lia- bility increase in prior year (RR 301) 256
Death of partner, retirement bene- fits, payments to surviving spouse (RR 507) 331
Indiana gross income tax (RR 278) 75
Limited, professional service orga- nization, tax classification (RR 434) 430
Patronage dividends (See: Dividends) Payment of tax:
Private foundations, extension of time (RP 41) 577
Exempt organizations and trusts, re- turns and reports, failure to file (TD 7127) 424
Failure to file returns, community income renounced by wife (CD 1947) 419
Failure to pay or deposit tax (TD 7133) 415
Pension trusts (See: Employees' plans; Self-employed plans)
Period of limitation (See: Limitation period)
Personal expenses:
Fees paid psychological study orga- nization in seeking employment (RR 308) 167
Personal holding companies: Dividends received, affiliated group
bank member (RR 531) 242 Royalty income, sub-processing con- tract, secret formula (RR 596) 242
Personal holding companies-Con. Stock exchange member corporation (RR 372) 241
Pollution control facilities:
Amortization of facilities, time for
making election (TD 7135) 154 Private foundations (See: Exempt or- ganizations) Property:
Community (See: Community prop-
Section 38 (See: Investment credit) Section 1245 (See: Sales or ex- changes)
Change of accounting methods, meter reading and billing cycle (RR 429) 217 Depreciation,
asset depreciation range system, regulations (TD 7128) 132
Publicity of information:
Exempt organizations, returns and annual reports (TD 7122) 393 Railroads:
Grading and tunnel bores, amortiza- tion (TD 7140) 157
Tax tables (TD 7117) 5 Real estate (See also: Residence): Installment sales, seller's note can-
celled (RR 515) 222 Loans, FHLMC participation certi- ficates (RR 399) 433 Maintenance and upkeep expenses (RR 475) 304
Real estate investment trust:
Investment in U.S. Postal Service obligations (RR 537) 262 Qualification:
Investment in air rights (RR 286) 263
Two classes of shares of beneficial interest (RR 405) 263 Records (See: Books and records) Redemption of stock and bonds:
Death taxes, related corporations, stock owned by estate (RR 527) 174
Exchange for stock contributed, pre- arranged plan (RR 336) 299 Family corporation, termination of interest (RR 562) 173 Related corporations, stock for cash, basis (RR 563) 175
Redemption of stock and bonds- Continued
Voting trustee position retained, ter- mination of interest (RR 426) 173
Refunds and credits:
Interest, foreign tax credit carry- back (RR 534) 414 Limitation period, foreign tax credit carryback (RR 533) 413 Overpayments, joint returns, divorce and remarriage (RR 324) 410 Regulated investment companies: Investment in U.S. Postal Service obligations (RR 537) 262 Stock, average basis, election (TD) 7129) 299 Regulations:
26 CFR 1.1, 1.1-1, 1.2, 1.2-1, 1.2-2, 1.3, 1.3-1, 1.5, 1.511, 1.511-1, 1.632, 1.632-1, 1.641(a), 1641(a)-1, 1.1304, 1.1304-2, 1.1347, 1.1347-1, 1.6015, 1.6015 (a)-1, amended; 1.1-2, 1.1-4, de- leted; 1.1-3 amended and redesig- nated 1.1-2, 1.1-5 redesignated 1.1-3; tax rate tables, declarations of estimated tax (TD 7117) 5 26 CFR 1.4, 1.4-3, 1.141, 1.141-1, 1.143, 1.143-1, 1.144-1, 1.144-2, amended; low income allowance and standard deduction (TD 7123) 107
26 CFR 1.46, 1.46-2, 1.47, 1.47-3, 1.48, amended; 1.49 added; ter- mination of investment credit (TD 7120) 276
26 CFR 1.67-1, 1.677 (a) -1.677 (b)-1, amended; trust income for benefit of grantor's spouse or his spouse, charitable remainder uni- trust (TD 7148) 251
26 CFR 1.78-1, 1.902-3, 1.959-4, 1.963-3, amended; 1.960 through 1.960-6, 1.964-5, added; foreign tax credit, controlled foreign cor- porations (TD 7120) 276 26 CFR 1.79-1, amended; group-
term life insurance purchased for employees (TD 7132) 89 26 CFR 1.123, amended, 1.123,
1.123-1, added; amounts received under insurance contracts for cer- tain living expenses (TD 7118) 105
Regulations Continued
26 CFR 1.152-4, amended; children of divorced or separated parents, evidence of support (TD 7145) 115
26 CFR 1.167(a)-11, 1.167(1)−5, added; depreciation, asset depre- ciation range system (TD 7128) 132
26 CFR 1.169-4, amended; pollu- tion control facilities, amortiza- tion, time for making election (TD 7135) 154
26 CFR 1.179-1, amended; 1.187, 1.187-2, added; election to amor- tize certified coal mine safety equipment (TD 7137) 161 26 CFR 1.185 through 1.185-3 added, amortize railroad grading and tunnel bores (TD 7140) 157 26 CFR 1.278, 1.278-1, amended; capital expenditures incurred in planting and developing citrus and almond groves (TD 7136) 171 26 CFR 1.401-3, amended; integra- tion of qualified plans with Social Security Act (TD 7134) 200 26 CFR 1.596, 1.596–1, added; divi- dends received deduction, limita- tion (TD 7149) 245
26 CFR 1.642 (c)-5, 1.642 (c) -7, amended; pooled income fund, definition, termination of life in- come interest, transitional period extended (TD 7125) 249
26 CFR 1.1001, 1.1001-1, 1.1014-5, 1.1014-6, 1.1015-1, amended; term interests in property, sales or other dispositions (TD 7142) 295
« iepriekšējāTurpināt » |