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adjusted allowed amended by adding amended by striking amended to read Amendment of section amount apply assessment basis chapter claim contract contributions corporation court decedent December 31 deduction deemed definition described in section determined distribution dividends Effective election employee enactment end thereof equal exceed excess exchange exempt extent filed gifts income income tax individual inserting in lieu interest Internal Revenue Code item relating January lieu thereof limitation loss means operating organization paid paragraph payment percent period person preceding prescribed qualified read as follows reason received redesignating referred regard regulations relating respect return information rules Secretary securities sentence Special subchapter subparagraph subsection table of sections tax imposed taxable income taxable years beginning taxpayer term thereof the following tion trade transfer treated United written
Page 1781 - ... at least 80 percent of the total combined voting power of all classes of stock entitled to vote, and at least 80 percent of the total number of shares of all other classes of stock (except nonvoting stock which is limited and preferred as to dividends...
Page 1562 - For purposes of this subsection, an individual is permanently and totally disabled if he is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months.
Page 1841 - When construing and enforcing the provisions of this Act, the act, omission, or failure of any official, agent, or other person acting for or employed by any association, partnership, or corporation within the scope of his employment or office, shall, in every case, also be deemed the act, omission, or failure of such association, partnership, or corporation as well as that of the person.
Page 1562 - Gross Income does not Include amounts referred to In subsection (a) If such amounts constitute wages or payments In lieu of wages for a period during which the employee Is absent from work on account of personal Injuries or sickness; but this subsection shall not apply to the extent that such amounts exceed a weekly rate of $100.
Page 1616 - The amount of the credit taken under this section shall be subject to each of the following limitations : (1) The amount of the credit in respect of the tax paid or accrued to any country shall not exceed the same proportion of the tax against which such credit is taken, which the taxpayer's net income from sources within such country bears to his entire net income for the same taxable year...
Page 1758 - Their successors shall be appointed each for a term of five years from the date of the expiration of the term for which his predecessor was appointed, except that any person appointed to fill a vacancy occurring...
Page 1614 - SEC. 1491. Imposition of tax. There is hereby imposed on the transfer of stock or securities by a citizen or resident of the United States, or by a domestic corporation or partnership, or by a trust which is not a foreign trust, to a foreign corporation as paid-in surplus or as a contribution to capital, or to a foreign trust, or to a foreign partnership...
Page 1630 - Secretary or his delegate that such exchange is not in pursuance of a plan having as one of its principal purposes the avoidance of Federal income taxes.