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acquired Act provides addition adjustment allocation allowed amount annual annuity apply assessment attributable August basis benefits bonds calendar certain changes civil companies computed contract contributions corporation cost Court date of enactment December 31 deduction defined determining distributions dividends document effective election eligible employees ending equal exceed excess excise tax exempt extent facilities failure Federal finance foreign funds holding imposed income tax increases individuals interest Internal Revenue investment issued January July lease lessee lessor liability limit loans loss ment method modifications obligations organization paid partnership payments penalty pension percent period person placed in service present law prior provision applies purchase qualified reasonable received reduced refund regulations relating repeals reporting respect rules Secretary Tax Provisions taxable taxable years beginning taxpayer tion transactions treated treatment trust unemployment United wages withholding
Page 45 - ... (A) a statement with respect to the allowability of any deduction or credit, the excludability of any income, or the securing of any other tax benefit by reason of holding an interest in the entity or participating in the plan or arrangement which the person knows or has reason to know is false or fraudulent as to any material matter, or "(B) a gross valuation overstatement...
Page 43 - employee" has the same meaning as in section 3401(c) and §31.3401(c)-l. (9) More than 10 employees on a typical business day. An employer shall be considered to have normally employed more than 10 employees on a typical business day during a calendar year if one-half of the sum of the average number of employee hours worked per business day during the calendar...
Page 13 - ... unused credit year"), such excess shall be — (A) An investment credit carryback to each of the 3 taxable years preceding the unused credit year, and (B) An investment credit carryover to each of the 7 taxable years following the unused credit year...
Page 58 - ... pursuant to section 6203, give notice to each person liable for the unpaid tax, stating the amount and demanding payment thereof. Such notice shall be left at the dwelling or usual place of business of such person, or shall be sent by mail to such person's last known address.
Page 77 - State reserves in the unemployment trust fund for the Quarter ending December 31 of the preceding year, but not higher than 10 percent per annum.
Page 85 - States in any court having jurisdiction of that action, unless the court finds that the position of the United States was substantially justified or that special circumstances make an award unjust.
Page 68 - The individual is to be treated as the recipient's employee only if the individual has performed services for the recipient on a substantially fulltime basis for a year, and the services are of a type historically performed by employees in the recipient's business field.
Page 67 - ... (3) own more than a 5-percent interest in the employer, or (4) own more than a 1-percent interest in the employer and have annual compensation from the employer in excess of $150,000.
Page 39 - In general, every person who makes interest payments, whether as a principal or nominee, aggregating $10 or more to any other person during the calendar year must file an information return. In addition, a corporation which issues a bond or other evidence of...
Page 67 - ... (ie, the minimum benefit is a "nonintegrated" benefit). For a plan year for which a defined contribution plan is a topheavy plan, the employer generally must contribute on behalf of each plan participant who is not a key employee an amount not less than three percent of the participant's compensation.