Search Results: CFR:26 CFR Part 1

Browse: Departments   Dates   Agencies  

The Federal Register
200020012002200320042005200620072008

Pages: 12345»

1. Income Taxes

RULES: Income tax return preparers; credit or refund claims; CFR correction,

CFR Correction

In Title 26 of the Code of Federal Regulations, part 1 (Sec. 1.1551 to end), revised as of April 1, 2005, on page 526, in Sec. 1.66961, paragraph (b), the third sentence is corrected by removing ``rified'', and adding in its place, ``Thus, the claim may be prepared by the preparer's employer or by other persons. In all cases,

DEPARTMENT OF THE TREASURY : Internal Revenue Service

2. Guidance Necessary To Facilitate Business Electronic Filing and Burden Reduction; Correction

PROPOSED RULES: Business electronic filing and burden reduction; Correction,

This document contains corrections to a notice of proposed rulemaking by crossreference to temporary regulations that was published in the Federal Register on Tuesday, May 30, 2006 (71 FR 30640) relating to guidance necessary to facilitate business electronic filing and burden reduction.
DEPARTMENT OF THE TREASURY : Internal Revenue Service

3. Determination of Interest Expense Deduction of Foreign Corporations

PROPOSED RULES: Foreign corporations; interest expense deduction determination,

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations under sections 882 and 884 relating to the determination of the interest expense deduction of foreign corporations engaged in a trade or business within the United States. These regulations update the 1996 final interest expense
DEPARTMENT OF THE TREASURY : Internal Revenue Service

4. Guidance Under Section 7874 Regarding Expatriated Entities and Their Foreign Parents; Hearing Cancellation

PROPOSED RULES: Expatriated entities and their foreign parents; section 7874 guidance; cross reference—; Public hearing canceled,

This document cancels a public hearing on proposed regulations under section 7874 of the Internal Revenue Code relating to the determination of whether a foreign entity shall be treated as a surrogate foreign corporation under section 7874(a)(2)(B).
DEPARTMENT OF THE TREASURY : Internal Revenue Service

5. Income and Currency Gain or Loss With Respect to a Section 987 QBU; Hearing Cancellation

PROPOSED RULES: Qualified business unit branches; transfers using profit and loss method of accounting, currency gain or loss calculation; public hearing canceled,

This document cancels a public hearing on proposed regulations concerning the determination of the items of income or loss of a taxpayer with respect to a section 987 qualified business unit, as well as the timing, amount, character and source of any section 987 gain or loss.
DEPARTMENT OF THE TREASURY : Internal Revenue Service

6. Guidance Under Section 7874 for Determining Ownership by Former Shareholders or Partners of Domestic Entities;

PROPOSED RULES: Domestic entities; determining ownership by former shareholders or partners; Section 7874 guidance; cross-reference; hearing cancellation,

This document cancels a public hearing on proposed regulations relating to the disregard of affiliateowned stock in determining the percentage of stock of a foreign corporation held by former shareholders or partners of a domestic entity, in order to determine whether the foreign corporation is a surrogate foreign corporation under section 7874 of
DEPARTMENT OF THE TREASURY : Internal Revenue Service

7. Computer Software Under Section 199(c)(5)(B); Correction

RULES: Computer software; Correction,

This document contains a correction to temporary regulations (TD 9262) that were published in the Federal Register on Thursday, June 1, 2006 (71 FR 31074) concerning the application of section 199 of the Internal Revenue Code, which provides a deduction for income attributable to domestic production activities, to certain transactions involving
DEPARTMENT OF THE TREASURY : Internal Revenue Service

8. Special Depreciation Allowance

RULES: MACRS property and computer software; special depreciation allowance,

This document contains final regulations relating to the depreciation of property subject to section 168 of the Internal Revenue Code (MACRS property) and the depreciation of computer software subject to section 167. Specifically, these final regulations provide guidance regarding the additional first year depreciation allowance provided by
DEPARTMENT OF THE TREASURY : Internal Revenue Service

9. Reduction in Taxable Income for Housing Hurricane Katrina Displaced Individuals

RULES: Katrina Emergency Tax Relief Act; Hurricane Katrina displaced individuals; taxable income reduction for housing,

This document contains temporary regulations relating to the reduction in taxable income under section 302 of the Katrina Emergency Tax Relief Act of 2005. The regulations affect taxpayers who provide housing in their principal residences to individuals displaced by Hurricane Katrina. The text of the temporary regulations also serves as the text
DEPARTMENT OF THE TREASURY : Internal Revenue Service

10. RIN 1545-BF04

PROPOSED RULES: Designated Roth accounts,

This document contains proposed regulations under sections 402(g), 402A, 403(b), and 408A of the Internal Revenue Code (Code) relating to designated Roth accounts. These regulations will affect administrators of, employers maintaining, participants in, and beneficiaries of section 401(k) and section 403(b) plans, as well as owners and
DEPARTMENT OF THE TREASURY : Internal Revenue Service

11. Withdrawal of Proposed Regulations Regarding Intercompany Transactions; Manufacturer Incentive Payments

PROPOSED RULES: Intercompany transactions; consolidated returns; withdrawn,

This document withdraws a notice of proposed rulemaking (REG- 13126404) regarding the treatment of manufacturer incentive payments. The proposed regulations were published in the Federal Register on August 13, 2004 (69 FR 50112). After consideration of additional issues, the IRS and Treasury Department have decided to withdraw the proposed
DEPARTMENT OF THE TREASURY : Internal Revenue Service

12. Definition of Taxpayer for Purposes of Section 901 and Related Matters

PROPOSED RULES: Section 901 and related matters; taxpayer definition,

These proposed regulations provide guidance relating to the determination of who is considered to pay a foreign tax for purposes of sections 901 and 903. The proposed regulations affect taxpayers that claim direct and indirect foreign tax credits.
DEPARTMENT OF THE TREASURY : Internal Revenue Service

13. Determination of Interest Expense Deduction of Foreign Corporations; Correction

RULES: Foreign corporations; interest expense deduction determination; Correction,

This document contains a correction to final and temporary regulations (TD 9281), that were published in the Federal Register on Thursday, August 17, 2006 (71 FR 47443). This regulation revised the Income Tax Regulations relating to the determination of the interest expense deduction of foreign corporations and applies to foreign corporations
DEPARTMENT OF THE TREASURY : Internal Revenue Service

14. Income and Currency Gain or Loss With Respect to a Section 987 QBU; Correction

PROPOSED RULES: Qualified business unit branches; transfers using profit and loss method of accounting, currency gain or loss calculation; Correction,

This document contains corrections to a notice of proposed rulemaking that was published in the Federal Register on Thursday, September 7, 2006 (71 FR 52876), regarding the determination of the items of income or loss of a taxpayer with respect to a section 987 qualified business unit as well as the timing, amount, character and source of any
DEPARTMENT OF THE TREASURY : Internal Revenue Service

15. Agent for a Consolidated Group With Foreign Common Parent

RULES: Consolidated group regulations—; Foreign common parent; agent,

This document contains temporary regulations under section 1502 that provide the IRS with the authority to designate a domestic member of the consolidated group as a substitute agent to act as the sole agent for the group where a foreign entity is the common parent. The regulations affect corporations that join in the filing of a consolidated
DEPARTMENT OF THE TREASURY : Internal Revenue Service

16. Revisions to Regulations Relating To Repeal of Tax on Interest of Nonresident Alien Individuals and Foreign

PROPOSED RULES: Repeal of tax interest on nonresident alien individuals and foreign corporations received from certain portfolio debt investments; public hearing,

This document contains proposed regulations under sections 871 and 881 of the Internal Revenue Code (Code) relating to the exclusion from gross income of portfolio interest paid to a nonresident alien individual or foreign corporation. These regulations clarify how the portfolio interest rules apply with respect to interest paid to a partnership
DEPARTMENT OF THE TREASURY : Internal Revenue Service

17. Application of Separate Limitations to Dividends From Noncontrolled Section 902 Corporations; Correction

RULES: Separate limitations application to dividends from noncontrolled section 902 corporations; Correction,

This document contains corrections to temporary regulations that were published in the Federal Register on Tuesday, April 25, 2006 (71 FR 24516) regarding the application of separate foreign tax credit limitations to dividends received from noncontrolled section 902 corporations under section 904(d)(4).
DEPARTMENT OF THE TREASURY : Internal Revenue Service

18. Determination of Basis of Stock or Securities Received in Exchange for, or With Respect to, Stock or Securities in

RULES: Stock or securities in exchange for, or with respect to, stock or securities in certain transactions; determination of basis; excess loss accounts treatment; Correction,

This document contains a correction to final and temporary regulations (TD 9244), that were published in the Federal Register on Thursday, January 26, 2006 (71 FR 4264). This regulation provides guidance regarding the determination of the basis of stock or securities received in exchange for, or with respect to, stock or securities in certain
DEPARTMENT OF THE TREASURY : Internal Revenue Service

19. Credit for Increasing Research Activities

RULES: Credit for increasing research activities,

This document contains final regulations relating to the computation and allocation of the credit for increasing research activities for members of a controlled group of corporations or a group of trades or businesses under common control. These final regulations reflect changes made to section 41 by the Revenue Reconciliation Act of 1989, which
DEPARTMENT OF THE TREASURY : Internal Revenue Service

20. Time for Filing Employment Tax Returns and Modifications to the Deposit Rules; Hearing Cancellation

PROPOSED RULES: Employment tax returns filing time and deposit rule modifications; Public hearing canceled,

This document provides notice of cancellation of a public hearing on proposed rulemaking relating to the annual filing of Federal employment tax deposits for employees in the Employers' Annual Federal Tax Program (Form 944) under sections 6302 and 31.63021 of the Internal Revenue Code.
DEPARTMENT OF THE TREASURY : Internal Revenue Service

21. Corporate Distributions and Adjustments

RULES: Corporate distributions and adjustments; CFR correction,

CFR Correction

In Title 26 of the Code of Federal Regulations, part 1 (Sec. Sec. 1.301 to 1.400),
[[Page 38262]]
revised as of April 1, 2006, on page 10, Sec. 1.3011 is corrected by adding paragraph (g) to read as follows:
Sec. 1.3011 Rules applicable with respect to distributions of money and other property.
* * * * *
(g) Reduction for

DEPARTMENT OF THE TREASURY : Internal Revenue Service

22. Income and Currency Gain or Loss With Respect to a Section 987 QBU

Part II: Treasury Department, Internal Revenue Service,

This document contains proposed regulations that provide guidance under section 987 of the Internal Revenue Code (Code) regarding the determination of the items of income or loss of a taxpayer with respect to a section 987 qualified business unit (section 987 QBU) as well as the timing, amount, character and source of any section 987 gain or loss.
DEPARTMENT OF THE TREASURY : Veterans Affairs Department

23. Credit for Increasing Research Activities

RULES: Credit for increasing research activities; Correction,

Correction

In rule document E618909 beginning on page 65722 in the issue of Thursday, November 9, 2006, make the following correction:

Sec. 1.416 [Corrected]

On page 65730, in the first column, in Sec. 1.416(e), in Example 5, in paragraph (ii)(A), in the second to last line in the paragraph, ``The group credit is 0.20'' should read ``The

DEPARTMENT OF THE TREASURY : Internal Revenue Service

24. Treatment of Excess Loss Accounts

PROPOSED RULES: Excess loss accounts treatment,

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations that provide guidance under section 1502 that governs certain basis determinations and adjustments of subsidiary stock in certain transactions involving members of a consolidated group. The text of those regulations also serves as
DEPARTMENT OF THE TREASURY : Internal Revenue Service

25. Revisions to Regulations Relating to Withholding of Tax on Certain U.S. Source Income Paid to Foreign Persons and

RULES: Consolidated group regulations—; Tax withholding on payments to foreign persons; information reporting requirements; correction,

This document corrects final regulations and removal of temporary regulations (TD 9253) that was published in the Federal Register on Tuesday, March 14, 2006 (71 FR 13003) relating to the withholding of tax under section 1441 on certain U.S. source income paid to foreign persons and related requirements governing collection, deposit, refunds, and
DEPARTMENT OF THE TREASURY : Internal Revenue Service

©2004,2005,2006 theFederalRegister.com