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, 1970 |
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Common terms and phrases
accrual method adjustments aggregate allocation amended by T.D. amount annual accounting period annuity contract annuity plan attributable basis benefits calendar Commissioner compensation computed December 31 described in section determined disposition distribution election employee's example excess contribution fair market value Federal filed graph gross income gross profit includible in gross installment method installment plan Internal Revenue Code inventory January June justments liability LIFO meet the requirements ment method of accounting option granted option price owner-employee paid paragraph payments pension percent ployee pool Present value profit-sharing purposes of section pursuant qualified stock option regulations thereunder requirements of section respect restricted stock option revolving credit plan sale or exchange section 404 self-employed individual series E bond share of stock short period subdivision subpara subparagraph taxable income taxable years beginning taxpayer tion total unstated interest trade or business transfer treated trust
Popular passages
Page 295 - Safety National Credit Union Administration National Foundation on the Arts and the Humanities National Highway Safety Bureau National Labor Relations Board National Marine Fisheries Service National Mediation Board National Oceanic and Atmospheric Administration National Park Service National Railroad Adjustment Board National Science Foundation Federal Procurement Regulations System National Shipping Authority National Transportation Safety Board Navy Department...
Page 289 - Title 46— Shipping I Coast Guard, Department of Transportation II Maritime Administration, Department of Commerce III Coast Guard (Great Lakes Pilotage), Department of Transportation IV Federal Maritime Commission Title 47— Telecommunication...
Page 281 - Title 5 — Administrative Personnel I Civil Service Commission III Bureau of the Budget IV Civil Service Commission (Equal Employment Opportunity) V International Organizations Employees Loyalty Board VI Department of Defense VII Advisory Commission on Intergovernmental Relations VIII National Capital Transportation Agency IX Appalachian Regional Commission X National Capital Housing Authority XI United States Soldiers' Home XII District of Columbia Redevelopment Land Agency Title 6— [Reserved!
Page 291 - Regulations System Automotive Agreement Adjustment Assistance Board Blind.Made Products, Committee on Purchases of Budget, Bureau of Business and Defense Services Administration Business Economics, Office of Canal Zone Regulations Census Bureau Children's Bureau...
Page 176 - If no method of accounting has been regularly used by the taxpayer, or if the method used does not clearly reflect income, the computation of taxable income shall be made under such method as, in the opinion of the Secretary or his delegate, does clearly reflect income.
Page 183 - A casual sale or other casual disposition of personal property (other than property of a kind which would properly be included In the inventory of the taxpayer if on hand at the close of the taxable year) for a price exceeding $1,000, may (under regulations prescribed by the Secretary or his delegate) be returned on the basis and in the manner prescribed In subsection (a).
Page 291 - ... Committee of the Federal Register Advisory Commission on Intergovernmental Relations Agency for International Development Federal Procurement Regulations System Aging, Administration on Agricultural Research Service Agricultural Stabilization and Conservation Service...
Page 179 - The amount of all such items shall be included in the gross income for the taxable year in which received by the taxpayer, unless, under methods of accounting permitted under subdivision (b) of section 212, any such amounts are to be properly accounted for as of a different period...
Page 296 - Comptroller of the Currency, Bureau of Customs Bureau Federal Procurement Regulations System Fiscal Service Foreign Assets Control, Office of Internal Revenue Service Monetary Offices Narcotics Bureau Secret Service Secretary of the Treasury, Office of United States Arms Control and Disarmament Agency United States Information Agency Federal Procurement Regulations System United States Tariff Commission United States Soldiers...
Page 188 - Is subject to the allowance for depreciation provided in section 23 (1), or an obligation of the United States or any of its possessions, or of a State or Territory, or any political subdivision thereof, or of the District of Columbia, Issued on or after March 1, 1941, on a discount basis and payable without Interest at a fixed maturity date not exceeding one year from the date of issue, or real property used in the trade or business of the taxpayer; (2) Short-term capital gain. The term "short-term...