26 CFR 1.1271-0 - Original issue discount; effective date; table of contents.

§ 1.1271-0 Original issue discount; effective date; table of contents.

(a)Effective date. Except as otherwise provided, §§ 1.1271-1 through 1.1275-5 apply to debt instruments issued on or after April 4, 1994. Taxpayers, however, may rely on these sections (as contained in 26 CFR part 1 revised April 1, 1996) for debt instruments issued after December 21, 1992, and before April 4, 1994.

(b)Table of contents. This section lists captioned paragraphs contained in §§ 1.1271-1 through 1.1275-7.

§ 1.1271-1 Special rules applicable to amounts received on retirement, sale, or exchange of debt instruments.

(a) Intention to call before maturity.

(1) In general.

(2) Exceptions.

(b) Short-term obligations.

(1) In general.

(2) Method of making elections.

(3) Counting conventions.

§ 1.1272-1 Current inclusion of OID in income.

(a) Overview.

(1) In general.

(2) Debt instruments not subject to OID inclusion rules.

(b) Accrual of OID.

(1) Constant yield method.

(2) Exceptions.

(3) Modifications.

(4) Special rules for determining the OID allocable to an accrual period.

(c) Yield and maturity of certain debt instruments subject to contingencies.

(1) Applicability.

(2) Payment schedule that is significantly more likely than not to occur.

(3) Mandatory sinking fund provision.

(4) Consistency rule. [Reserved]

(5) Treatment of certain options.

(6) Subsequent adjustments.

(7) Effective date.

(d) Certain debt instruments that provide for a fixed yield.

(e) Convertible debt instruments.

(f) Special rules to determine whether a debt instrument is a short-term obligation.

(1) Counting of either the issue date or maturity date.

(2) Coordination with paragraph (c) of this section for certain sections of the Internal Revenue Code.

(g) Basis adjustment.

(h) Debt instruments denominated in a currency other than the U.S. dollar.

(i) [Reserved]

(j) Examples.

§ 1.1272-2 Treatment of debt instruments purchased at a premium.

(a) In general.

(b) Definitions and special rules.

(1) Purchase.

(2) Premium.

(3) Acquisition premium.

(4) Acquisition premium fraction.

(5) Election to accrue discount on a constant yield basis.

(6) Special rules for determining basis.

(c) Examples.

§ 1.1272-3 Election by a holder to treat all interest on a debt instrument as OID.

(a) Election.

(b) Scope of election.

(1) In general.

(2) Exceptions, limitations, and special rules.

(c) Mechanics of the constant yield method.

(1) In general.

(2) Special rules to determine adjusted basis.

(d) Time and manner of making the election.

(e) Revocation of election.

(f) Effective date.

§ 1.1273-1 Definition of OID.

(a) In general.

(b) Stated redemption price at maturity.

(c) Qualified stated interest.

(1) Definition.

(2) Debt instruments subject to contingencies.

(3) Variable rate debt instrument.

(4) Stated interest in excess of qualified stated interest.

(5) Short-term obligations.

(6) Business day convention.

(d) De minimis OID.

(1) In general.

(2) De minimis amount.

(3) Installment obligations.

(4) Special rule for interest holidays, teaser rates, and other interest shortfalls.

(5) Treatment of de minimis OID by holders.

(e) Definitions.

(1) Installment obligation.

(2) Self-amortizing installment obligation.

(3) Weighted average maturity.

(f) Examples.

§ 1.1273-2 Determination of issue price and issue date.

(a) Debt instruments issued for money.

(1) Issue price.

(2) Issue date.

(b) Publicly traded debt instruments issued for property.

(1) Issue price.

(2) Issue date.

(c) Debt instruments issued for publicly traded property.

(1) Issue price.

(2) Issue date.

(d) Other debt instruments.

(1) Issue price.

(2) Issue date.

(e) Special rule for certain sales to bond houses, brokers, or similar persons.

(f) Traded on an established market (publicly traded).

(1) In general.

(2) Sales price.

(3) Firm quote.

(4) Indicative quote.

(5) Presumption that price or quote is equal to fair market value.

(6) Exception for small debt issues.

(7) Anti-abuse rules.

(8) Convertible debt instruments.

(9) Issuer-holder consistency requirement.

(10) Effective/applicability dates.

(g) Treatment of certain cash payments incident to lending transactions.

(1) Applicability.

(2) Payments from borrower to lender.

(3) Payments from lender to borrower.

(4) Payments between lender and third party.

(5) Examples.

(h) Investment units.

(1) In general.

(2) Consistent allocation by holders and issuer.

(i) [Reserved]

(j) Convertible debt instruments.

(k) Below-market loans subject to section 7872(b).

(l) [Reserved]

(m) Treatment of amounts representing pre-issuance accrued interest.

(1) Applicability.

(2) Exclusion of pre-issuance accrued interest from issue price.

(3) Example.

§ 1.1274-1 Debt instruments to which section 1274 applies.

(a) In general.

(b) Exceptions.

(1) Debt instrument with adequate stated interest and no OID .

(2) Exceptions under sections 1274(c)(1)(B), 1274(c)(3), 1274A(c), and 1275(b)(1).

(3) Other exceptions to section 1274.

(c) Examples.

§ 1.1274-2 Issue price of debt instruments to which section 1274 applies.

(a) In general.

(b) Issue price.

(1) Debt instruments that provide for adequate stated interest; stated principal amount.

(2) Debt instruments that do not provide for adequate stated interest; imputed principal amount.

(3) Debt instruments issued in a potentially abusive situation; fair market value.

(c) Determination of whether a debt instrument provides for adequate stated interest.

(1) In general.

(2) Determination of present value.

(d) Treatment of certain options.

(e) Mandatory sinking funds.

(f) Treatment of variable rate debt instruments.

(1) Stated interest at a qualified floating rate.

(2) Stated interest at a single objective rate.

(g) Treatment of contingent payment debt instruments.

(h) Examples.

(i) [Reserved]

(j) Special rules for tax-exempt obligations.

(1) Certain variable rate debt instruments.

(2) Contingent payment debt instruments.

(3) Effective date.

§ 1.1274-3 Potentially abusive situations defined.

(a) In general.

(b) Operating rules.

(1) Debt instrument exchanged for nonrecourse financing.

(2) Nonrecourse debt with substantial down payment.

(3) Clearly excessive interest.

(4) Debt-for-debt exchange.

(c) Other situations to be specified by Commissioner.

(d) Consistency rule.

§ 1.1274-4 Test rate.

(a) Determination of test rate of interest.

(1) In general.

(2) Test rate for certain debt instruments.

(b) Applicable Federal rate.

(c) Special rules to determine the term of a debt instrument for purposes of determining the applicable Federal rate.

(1) Installment obligations.

(2) Certain variable rate debt instruments.

(3) Counting of either the issue date or the maturity date.

(4) Certain debt instruments that provide for principal payments uncertain as to time.

(d) Foreign currency loans.

(e) Examples.

§ 1.1274-5 Assumptions.

(a) In general.

(b) Modifications of debt instruments.

(1) In general.

(2) Election to treat buyer as modifying the debt instrument.

(c) Wraparound indebtedness.

(d) Consideration attributable to assumed debt.

§ 1.1274A-1 Special rules for certain transactions where stated principal amount does not exceed $2,800,000.

(a) In general.

(b) Rules for both qualified and cash method debt instruments.

(1) Sale-leaseback transactions.

(2) Debt instruments calling for contingent payments.

(3) Aggregation of transactions.

(4) Inflation adjustment of dollar amounts.

(c) Rules for cash method debt instruments.

(1) Time and manner of making cash method election.

(2) Successors of electing parties.

(3) Modified debt instrument.

(4) Debt incurred or continued to purchase or carry a cash method debt instrument.

§ 1.1275-1 Definitions.

(a) Applicability.

(b) Adjusted issue price.

(1) In general.

(2) Adjusted issue price for subsequent holders.

(c) OID.

(d) Debt instrument.

(e) Tax-exempt obligations.

(f) Issue.

(1)Debt instruments issued on or after March 13, 2001.

(2)Debt instruments issued before March 13, 2001.

(3)Transition rule.

(4)Cross-references for reopening and aggregation rules.

(g) Debt instruments issued by a natural person.

(h) Publicly offered debt instrument.

(i) [Reserved]

(j) Life annuity exception under section 1275(a)(1)(B)(i).

(k) Exception under section 1275(a)(1)(B)(ii) for annuities issued by an insurance company subject to tax under subchapter L of the Internal Revenue Code.

(1) Rule.

(2) Examples.

(3) Effective date.

(1) Purpose.

(2) General rule.

(3) Availability of a cash surrender option.

(4) Availability of a loan secured by the contract.

(5) Minimum payout provision.

(6) Maximum payout provision.

(7) Decreasing payout provision.

(8) Effective dates.

§ 1.1275-2 Special rules relating to debt instruments.

(a) Payment ordering rule.

(1) In general.

(2) Exceptions.

(b) Debt instruments distributed by corporations with respect to stock.

(1) Treatment of distribution.

(2) Issue date.

(c) Aggregation of debt instruments.

(1) General rule.

(2) Exception if separate issue price established.

(3) Special rule for debt instruments that provide for the issuance of additional debt instruments.

(4) Examples.

(d)Special rules for Treasury securities.

(1)Issue price and issue date.

(2)Reopenings of Treasury securities.

(e) Disclosure of certain information to holders.

(f) Treatment of pro rata prepayments.

(1) Treatment as retirement of separate debt instrument.

(2) Definition of pro rata prepayment.

(g) Anti-abuse rule.

(1) In general.

(2) Unreasonable result.

(3) Examples.

(4) Effective date.

(h) Remote and incidental contingencies.

(1) In general.

(2) Remote contingencies.

(3) Incidental contingencies.

(4) Aggregation rule.

(5) Consistency rule.

(6) Subsequent adjustments.

(7) Effective date.

(i) [Reserved]

(j) Treatment of certain modifications.

(k)Reopenings.

(1)In general.

(2)Definitions.

(3)Qualified reopening.

(4)Issuer's treatment of a qualified reopening.

(5)Effective/applicability dates.

§ 1.1275-3 OID information reporting requirements.

(a) In general.

(b) Information required to be set forth on face of debt instruments that are not publicly offered.

(1) In general.

(2) Time for legending.

(3) Legend must survive reissuance upon transfer.

(4) Exceptions.

(c) Information required to be reported to Secretary upon issuance of publicly offered debt instruments.

(1) In general.

(2) Time for filing information return.

(3) Exceptions.

(4) Subsequent registration.

(d) Application to foreign issuers and U.S. issuers of foreigntargeted debt instruments.

(e) Penalties.

(f) Effective date.

§ 1.1275-4 Contingent payment debt instruments.

(a) Applicability.

(1) In general.

(2) Exceptions.

(3) Insolvency and default.

(4) Convertible debt instruments.

(5) Remote and incidental contingencies.

(b) Noncontingent bond method.

(1) Applicability.

(2) In general.

(3) Description of method.

(4) Comparable yield and projected payment schedule.

(5) Qualified stated interest.

(6) Adjustments.

(7) Adjusted issue price, adjusted basis, and retirement.

(8) Character on sale, exchange, or retirement.

(9) Operating rules.

(c) Method for debt instruments not subject to the noncontingent bond method.

(1) Applicability.

(2) Separation into components.

(3) Treatment of noncontingent payments.

(4) Treatment of contingent payments.

(5) Basis different from adjusted issue price.

(6) Treatment of a holder on sale, exchange, or retirement.

(7) Examples.

(d) Rules for tax-exempt obligations.

(1) In general.

(2) Certain tax-exempt obligations with interest-based or revenue-based payments

(3) All other tax-exempt obligations.

(4) Basis different from adjusted issue price.

(e) Amounts treated as interest under this section.

(f) Effective date.

§ 1.1275-5 Variable rate debt instruments.

(a) Applicability.

(1) In general.

(2) Principal payments.

(3) Stated interest.

(4) Current value.

(5) No contingent principal payments.

(6) Special rule for debt instruments issued for nonpublicly traded property.

(b) Qualified floating rate.

(1) In general.

(2) Certain rates based on a qualified floating rate.

(3) Restrictions on the stated rate of interest.

(c) Objective rate.

(1) Definition.

(2) Other objective rates to be specified by Commissioner.

(3) Qualified inverse floating rate.

(4) Significant front-loading or back-loading of interest.

(5) Tax-exempt obligations.

(d) Examples.

(e) Qualified stated interest and OID with respect to a variable rate debt instrument.

(1) In general.

(2) Variable rate debt instrument that provides for annual payments of interest at a single variable rate.

(3) All other variable rate debt instruments except for those that provide for a fixed rate.

(4) Variable rate debt instrument that provides for a single fixed rate.

(f) Special rule for certain reset bonds.

§ 1.1275-6 Integration of qualifying debt instruments.

(a) In general.

(b) Definitions.

(1) Qualifying debt instrument.

(2) Section 1.1275-6 hedge.

(3) Financial instrument.

(4) Synthetic debt instrument.

(c) Integrated transaction.

(1) Integration by taxpayer.

(2) Integration by Commissioner.

(d) Special rules for legging into and legging out of an integrated transaction.

(1) Legging into.

(2) Legging out.

(e) Identification requirements.

(f) Taxation of integrated transactions.

(1) General rule.

(2) Issue date.

(3) Term.

(4) Issue price.

(5) Adjusted issue price.

(6) Qualified stated interest.

(7) Stated redemption price at maturity.

(8) Source of interest income and allocation of expense.

(9) Effectively connected income.

(10) Not a short-term obligation.

(11) Special rules in the event of integration by the Commissioner.

(12) Retention of separate transaction rules for certain purposes.

(13) Coordination with consolidated return rules.

(g) Predecessors and successors.

(h) Examples.

(i) [Reserved]

(j) Effective date.

§ 1.1275-7 Inflation-indexed debt instruments.

(a) Overview.

(b) Applicability.

(1) In general.

(2) Exceptions.

(c) Definitions.

(1) Inflation-indexed debt instrument.

(2) Reference index.

(3) Qualified inflation index.

(4) Inflation-adjusted principal amount.

(5) Minimum guarantee payment.

(d) Coupon bond method.

(1) In general.

(2) Applicability.

(3) Qualified stated interest.

(4) Inflation adjustments.

(5) Example.

(e) Discount bond method.

(1) In general.

(2) No qualified stated interest.

(3) OID.

(4) Example.

(f) Special rules.

(1) Deflation adjustments.

(2) Adjusted basis.

(3) Subsequent holders.

(4) Minimum guarantee.

(5) Temporary unavailability of a qualified inflation index.

(g) TIPS.

(1) Reopenings.

(2) TIPS issued with more than a de minimis amount of premium.

(h) Effective/applicability dates.

(1) In general.

(2) TIPS issued with more than a de minimis amount of premium.

[T.D. 8517, 59 FR 4808, Feb. 2, 1994, as amended by T.D. 8674, 61 FR 30139, June 14, 1996; T.D. 8709, 62 FR 617, Jan. 6, 1997; T.D. 8754, 63 FR 1057, Jan. 8, 1998; T.D. 8838, 64 FR 48547, Sept. 7, 1999; T.D. 8840, 64 FR 60343, Nov. 5, 1999; T.D. 8934, 66 FR 2815, Jan. 12, 2001; T.D. 8993, 67 FR 30548, May 7, 2002; T.D. 9599, 77 FR 56536, Sept. 13, 2012; T.D. 9609, 78 FR 668, Jan. 4, 2013; T.D. 9616, 78 FR 23126, Apr. 18, 2013]

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 26 - INTERNAL REVENUE CODE

§ 1 - Tax imposed

§ 21 - Expenses for household and dependent care services necessary for gainful employment

§ 23 - Adoption expenses

§ 25 - Interest on certain home mortgages

§ 25A - Hope and Lifetime Learning credits

§ 28 - Renumbered § 45C]

§ 30 - Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(2)(A), Dec. 19, 2014, 128 Stat. 4037]

§ 36B - Refundable credit for coverage under a qualified health plan

§ 38 - General business credit

§ 40 - Alcohol, etc., used as fuel

§ 41 - Credit for increasing research activities

§ 42 - Low-income housing credit

§ 43 - Enhanced oil recovery credit

§ 45D - New markets tax credit

§ 46 - Amount of credit

§ 47 - Rehabilitation credit

§ 52 - Special rules

§ 56 - Adjustments in computing alternative minimum taxable income

§ 58 - Denial of certain losses

§ 61 - Gross income defined

§ 62 - Adjusted gross income defined

§ 66 - Treatment of community income

§ 67 - 2-percent floor on miscellaneous itemized deductions

§ 72 - Annuities; certain proceeds of endowment and life insurance contracts

§ 101 - Certain death benefits

§ 103 - Interest on State and local bonds

§ 103A - Repealed. Pub. L. 99–514, title XIII, § 1301(j)(1), Oct. 22, 1986, 100 Stat. 2657]

§ 108 - Income from discharge of indebtedness

§ 110 - Qualified lessee construction allowances for short-term leases

§ 129 - Dependent care assistance programs

§ 132 - Certain fringe benefits

§ 148 - Arbitrage

§ 149 - Bonds must be registered to be tax exempt; other requirements

§ 150 - Definitions and special rules

§ 152 - Dependent defined

§ 162 - Trade or business expenses

§ 163 - Interest

§ 165 - Losses

§ 166 - Bad debts

§ 168 - Accelerated cost recovery system

§ 170 - Charitable, etc., contributions and gifts

§ 171 - Amortizable bond premium

§ 179 - Election to expense certain depreciable business assets

§ 179A - Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(34)(A), Dec. 19, 2014, 128 Stat. 4042]

§ 197 - Amortization of goodwill and certain other intangibles

§ 199 - Income attributable to domestic production activities

§ 216 - Deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder

§ 221 - Interest on education loans

§ 263A - Capitalization and inclusion in inventory costs of certain expenses

§ 267 - Losses, expenses, and interest with respect to transactions between related taxpayers

§ 274 - Disallowance of certain entertainment, etc., expenses

§ 280C - Certain expenses for which credits are allowable

§ 280F - Limitation on depreciation for luxury automobiles; limitation where certain property used for personal purposes

§ 280G - Golden parachute payments

§ 301 - Distributions of property

§ 304 - Redemption through use of related corporations

§ 305 - Distributions of stock and stock rights

§ 324

§ 336 - Gain or loss recognized on property distributed in complete liquidation

§ 337 - Nonrecognition for property distributed to parent in complete liquidation of subsidiary

§ 338 - Certain stock purchases treated as asset acquisitions

§ 351 - Transfer to corporation controlled by transferor

§ 355 - Distribution of stock and securities of a controlled corporation

§ 357 - Assumption of liability

§ 358 - Basis to distributees

§ 362 - Basis to corporations

§ 367 - Foreign corporations

§ 382 - Limitation on net operating loss carryforwards and certain built-in losses following ownership change

§ 383 - Special limitations on certain excess credits, etc.

§ 401 - Qualified pension, profit-sharing, and stock bonus plans

§ 401 note - Qualified pension, profit-sharing, and stock bonus plans

§ 402A - Optional treatment of elective deferrals as Roth contributions

§ 403 - Taxation of employee annuities

§ 404 - Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan

§ 408 - Individual retirement accounts

§ 408A - Roth IRAs

§ 409 - Qualifications for tax credit employee stock ownership plans

§ 410 - Minimum participation standards

§ 411 - Minimum vesting standards

§ 414 - Definitions and special rules

§ 417 - Definitions and special rules for purposes of minimum survivor annuity requirements

§ 419A - Qualified asset account; limitation on additions to account

§ 420 - Transfers of excess pension assets to retiree health accounts

§ 441 - Period for computation of taxable income

§ 442 - Change of annual accounting period

§ 444 - Election of taxable year other than required taxable year

§ 446 - General rule for methods of accounting

§ 453 - Installment method

§ 453A - Special rules for nondealers

§ 458 - Magazines, paperbacks, and records returned after the close of the taxable year

§ 460 - Special rules for long-term contracts

§ 461 - General rule for taxable year of deduction

§ 465 - Deductions limited to amount at risk

§ 466 - Repealed. Pub. L. 99–514, title VIII, § 823(a), Oct. 22, 1986, 100 Stat. 2373]

§ 467 - Certain payments for the use of property or services

§ 468A - Special rules for nuclear decommissioning costs

§ 468B - Special rules for designated settlement funds

§ 469 - Passive activity losses and credits limited

§ 471 - General rule for inventories

§ 472 - Last-in, first-out inventories

§ 475 - Mark to market accounting method for dealers in securities

§ 481 - Adjustments required by changes in method of accounting

§ 482 - Allocation of income and deductions among taxpayers

§ 483 - Interest on certain deferred payments

§ 493

§ 504 - Status after organization ceases to qualify for exemption under section 501(c)(3) because of substantial lobbying or because of political activities

§ 514 - Unrelated debt-financed income

§ 527 - Political organizations

§ 585 - Reserves for losses on loans of banks

§ 597 - Treatment of transactions in which Federal financial assistance provided

§ 642 - Special rules for credits and deductions

§ 643 - Definitions applicable to subparts A, B, C, and D

§ 645 - Certain revocable trusts treated as part of estate

§ 663 - Special rules applicable to sections 661 and 662

§ 664 - Charitable remainder trusts

§ 672 - Definitions and rules

§ 679 - Foreign trusts having one or more United States beneficiaries

§ 701 - Partners, not partnership, subject to tax

§ 702 - Income and credits of partner

§ 703 - Partnership computations

§ 704 - Partner’s distributive share

§ 705 - Determination of basis of partner’s interest

§ 706 - Taxable years of partner and partnership

§ 707 - Transactions between partner and partnership

§ 708 - Continuation of partnership

§ 709 - Treatment of organization and syndication fees

§ 721 - Nonrecognition of gain or loss on contribution

§ 722 - Basis of contributing partner’s interest

§ 723 - Basis of property contributed to partnership

§ 724 - Character of gain or loss on contributed unrealized receivables, inventory items, and capital loss property

§ 731 - Extent of recognition of gain or loss on distribution

§ 732 - Basis of distributed property other than money

§ 733 - Basis of distributee partner’s interest

§ 734 - Adjustment to basis of undistributed partnership property where section 754 election or substantial basis reduction

§ 735 - Character of gain or loss on disposition of distributed property

§ 736 - Payments to a retiring partner or a deceased partner’s successor in interest

§ 737 - Recognition of precontribution gain in case of certain distributions to contributing partner

§ 741 - Recognition and character of gain or loss on sale or exchange

§ 742 - Basis of transferee partner’s interest

§ 743 - Special rules where section 754 election or substantial built-in loss

§ 751 - Unrealized receivables and inventory items

§ 752 - Treatment of certain liabilities

§ 753 - Partner receiving income in respect of decedent

§ 754 - Manner of electing optional adjustment to basis of partnership property

§ 755 - Rules for allocation of basis

§ 761 - Terms defined

§ 809 - Repealed. Pub. L. 108–218, title II, § 205(a), Apr. 10, 2004, 118 Stat. 610]

§ 817A - Special rules for modified guaranteed contracts

§ 832 - Insurance company taxable income

§ 845 - Certain reinsurance agreements

§ 846 - Discounted unpaid losses defined

§ 848 - Capitalization of certain policy acquisition expenses

§ 852 - Taxation of regulated investment companies and their shareholders

§ 860E - Treatment of income in excess of daily accruals on residual interests

§ 860G - Other definitions and special rules

§ 863 - Special rules for determining source

§ 864 - Definitions and special rules

§ 865 - Source rules for personal property sales

§ 874 - Allowance of deductions and credits

§ 882 - Tax on income of foreign corporations connected with United States business

§ 883 - Exclusions from gross income

§ 884 - Branch profits tax

§ 892 - Income of foreign governments and of international organizations

§ 894 - Income affected by treaty

§ 897 - Disposition of investment in United States real property

§ 901 - Taxes of foreign countries and of possessions of United States

§ 902 - Deemed paid credit where domestic corporation owns 10 percent or more of voting stock of foreign corporation

§ 904 - Limitation on credit

§ 907 - Special rules in case of foreign oil and gas income

§ 911 - Citizens or residents of the United States living abroad

§ 924

§ 925

§ 927

§ 934 - Limitation on reduction in income tax liability incurred to the Virgin Islands

§ 936 - Puerto Rico and possession tax credit

§ 937 - Residence and source rules involving possessions

§ 954 - Foreign base company income

§ 956 - Investment of earnings in United States property

§ 957 - Controlled foreign corporations; United States persons

§ 960 - Special rules for foreign tax credit

§ 963 - Repealed. Pub. L. 94–12, title VI, § 602(a)(1), Mar. 29, 1975, 89 Stat. 58]

§ 985 - Functional currency

§ 987 - Branch transactions

§ 988 - Treatment of certain foreign currency transactions

§ 989 - Other definitions and special rules

§ 1017 - Discharge of indebtedness

§ 1032 - Exchange of stock for property

§ 1059 - Corporate shareholder’s basis in stock reduced by nontaxed portion of extraordinary dividends

§ 1060 - Special allocation rules for certain asset acquisitions

§ 1092 - Straddles

§ 1202 - Partial exclusion for gain from certain small business stock

§ 1221 - Capital asset defined

§ 1244 - Losses on small business stock

§ 1248 - Gain from certain sales or exchanges of stock in certain foreign corporations

§ 1254 - Gain from disposition of interest in oil, gas, geothermal, or other mineral properties

§ 1275 - Other definitions and special rules

§ 1286 - Tax treatment of stripped bonds

§ 1291 - Interest on tax deferral

§ 1293 - Current taxation of income from qualified electing funds

§ 1294 - Election to extend time for payment of tax on undistributed earnings

§ 1295 - Qualified electing fund

§ 1296 - Election of mark to market for marketable stock

§ 1297 - Passive foreign investment company

§ 1298 - Special rules

§ 1301 - Averaging of farm income

§ 1361 - S corporation defined

§ 1368 - Distributions

§ 1374 - Tax imposed on certain built-in gains

§ 1377 - Definitions and special rule

§ 1378 - Taxable year of S corporation

§ 1397D - Qualified zone property defined

§ 1397E - Credit to holders of qualified zone academy bonds

§ 1402 - Definitions

§ 1441 - Withholding of tax on nonresident aliens

§ 1443 - Foreign tax-exempt organizations

§ 1445 - Withholding of tax on dispositions of United States real property interests

§ 1471 - Withholdable payments to foreign financial institutions

§ 1472 - Withholdable payments to other foreign entities

§ 1473 - Definitions

§ 1474 - Special rules

§ 1502 - Regulations

§ 1503 - Computation and payment of tax

§ 1504 - Definitions

§ 1561 - Limitations on certain multiple tax benefits in the case of certain controlled corporations

§ 3401 - Definitions

§ 5000 - Certain group health plans

§ 5000A - Requirement to maintain minimum essential coverage

§ 6001 - Notice or regulations requiring records, statements, and special returns

§ 6011 - General requirement of return, statement, or list

§ 6015 - Relief from joint and several liability on joint return

§ 6033 - Returns by exempt organizations

§ 6035 - Basis information to persons acquiring property from decedent

§ 6038 - Information reporting with respect to certain foreign corporations and partnerships

§ 6038A - Information with respect to certain foreign-owned corporations

§ 6038B - Notice of certain transfers to foreign persons

§ 6038D - Information with respect to foreign financial assets

§ 6039I - Returns and records with respect to employer-owned life insurance contracts

§ 6041 - Information at source

§ 6043 - Liquidating, etc., transactions

§ 6045 - Returns of brokers

§ 6046A - Returns as to interests in foreign partnerships

§ 6049 - Returns regarding payments of interest

§ 6050E - State and local income tax refunds

§ 6050H - Returns relating to mortgage interest received in trade or business from individuals

§ 6050I-1

§ 6050K - Returns relating to exchanges of certain partnership interests

§ 6050M - Returns relating to persons receiving contracts from Federal executive agencies

§ 6050P - Returns relating to the cancellation of indebtedness by certain entities

§ 6050S - Returns relating to higher education tuition and related expenses

§ 6060 - Information returns of tax return preparers

§ 6061 - Signing of returns and other documents

§ 6065 - Verification of returns

§ 6081 - Extension of time for filing returns

§ 6103 - Confidentiality and disclosure of returns and return information

§ 6109 - Identifying numbers

§ 6302 - Mode or time of collection

§ 6402 - Authority to make credits or refunds

§ 6411 - Tentative carryback and refund adjustments

§ 6655 - Failure by corporation to pay estimated income tax

§ 6662 - Imposition of accuracy-related penalty on underpayments

§ 6695 - Other assessable penalties with respect to the preparation of tax returns for other persons

§ 6851 - Termination assessments of income tax

§ 7520 - Valuation tables

§ 7654 - Coordination of United States and certain possession individual income taxes

§ 7701 - Definitions

§ 7702 - Life insurance contract defined

§ 7805 - Rules and regulations

§ 7872 - Treatment of loans with below-market interest rates

§ 7874 - Rules relating to expatriated entities and their foreign parents

U.S. Code: Title 29 - LABOR
Statutes at Large
Public Laws
Presidential Documents

Reorganization ... 1978 Plan No. 4

Title 26 published on 16-Jun-2017 03:58

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 26 CFR Part 1 after this date.

  • 2017-06-30; vol. 82 # 125 - Friday, June 30, 2017
    1. 82 FR 29719 - Regulations Regarding Withholding of Tax on Certain U.S. Source Income Paid to Foreign Persons, Information Reporting and Backup Withholding on Payments Made to Certain U.S. Persons, and Portfolio Interest Treatment; Correction
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, Internal Revenue Service
      Correcting amendment.
        Effective Date: These corrections are effective June 30, 2017. Applicability Date: The corrections to §§ 1.1441-0; 1.1441-1(b)(7)(ii)(B), (e)(3)(iv)(B) and (C), (e)(4)(ii)(B)( 11 ), (e)(4)(ix)(D), (e)(5)(ii) through (e)(5)(ii)(B), (e)(5)(ii)(D) through (e)(5)(v)(B)( 3 ), (e)(5)(v)(B)( 5 ) through (e)(5)(v)(D), and (f) through (f)(4); 1.1441-1T; 1.1441-3(d)(1); 1.1441-4; 1.6045-1(m)(2)(ii) and (n)(12)(ii); and 1.6049-5(c)(1) through (c)(4) are applicable on January 6, 2017.
      26 CFR Part 1

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