Code of Federal Regulations: Containing a Codification of Documents of General Applicability and Future Effect as of December 31, 1948, with Ancillaries and IndexDivision of the Federal Register, the National Archives, 2001 Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries. |
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Code of Federal Regulations: Containing a Codification of Documents of ... Visualização integral - 1976 |
Code of Federal Regulations: Containing a Codification of Documents of ... Visualização integral - 1976 |
Code of Federal Regulations: Containing a Codification of Documents of ... Visualização integral - 1982 |
Palavras e frases frequentes
467 rental agreement accrual method adjustment alternative minimum tax apply assets basis calendar cluded Commissioner computed controlled transaction December 31 deductions deferred described in paragraph determined district director filing fixed rent following examples graph gross income gross profit included income tax incurred interest Internal Revenue Code Internal Revenue Service inventory January justment LIFO long-term contract look-back method loss meaning of paragraph ment method of accounting nuclear decommissioning fund nuclear power plant participation partnership passive activity payer payment percent poration prior production profit provided in paragraph purposes pursuant qualified settlement fund real property rental activity rental period rental real estate respect ruling amounts schedule of ruling section 444 election section 467 loan section 467 rental September 30 Special rule spect taken into account taxable income taxable year beginning taxable year ending tion tivity trade or business transferor treated uncon uncontrolled undertaking
Passagens conhecidas
Página 550 - Indies, and which satisfies the following conditions : (1) if 95 percent or more of the gross income of such domestic corporation for the 3-year period immediately preceding the close of the taxable year (or for such part of such period...
Página 277 - Accordingly, based on all the facts and circumstances, the adjustment provision did not have as one of its principal purposes the avoidance of Federal income tax, and thus the long-term agreement will not be treated as disqualified. Example 6. (i) X and Y enter into a leaseback for a 5-year lease of personal property beginning on January 1, 1998, and ending on December 31, 2002. The rental agreement provides that $0 of rent is allocated to years 1998, 1999, and 2000, and that rent of $17,500,000...
Página 455 - ... goods on hand or in process of manufacture for delivery upon firm sales contracts (ie, those not legally subject to cancellation by either party) at fixed prices entered into before the date of the inventory, under which the taxpayer is protected against actual loss, which goods must be inventoried at cost.
Página 119 - The basis of the obligation shall be the excess of the face value of the obligation over an amount equal to the income which would be returnable were the obligation satisfied in full.
Página 116 - Sales of real property involving deferred payments include (1) agreements of purchase and sale which contemplate that a conveyance is not to be made at the outset, but only after all or a substantial portion of the sellIng price has been paid...
Página 194 - If contributions are paid by an employer to or under a stock bonus, pension, profitsharing, or annuity plan, or if compensation is paid or accrued on account of any employee under a plan deferring the receipt of such compensation, such contributions or compensation shall not be deductible under...
Página 522 - Unless otherwise agreed (a) payment is due at the time and place at which the buyer is to receive the goods even though the place of shipment is the place of delivery...
Página 102 - If a corporation contingently credits its employees with bonus stock, but the stock is not available to such employees until some future date, the mere crediting on the books of the corporation does not constitute receipt.
Página 454 - ... credited with the value of goods used. transferred, or sold, calculated upon the basis of the actual cost of the goods acquired during the taxable year (including the inventory at the beginning of the year), the net value as shown by such inventory accounts will be deemed to be the cost of the goods on hand. The balances shown by such book inventories should be verified by physical inventories at reasonable intervals and adjusted to conform therewith. (e) Inventories should be recorded in a legible...
Página 166 - In addition, a taxpayer may make a separate "within 12 months" election for each separate trade or business for which it has made an election under section 455. (c) An election made under section 455 shall be binding for the first taxable year for which the election is made and for all subsequent taxable years, unless the taxpayer secures the consent of the Commissioner to the revocation of such election.