Internal Revenue Code: Income Taxes 1-860G, As of July 2007
This comprehensive and authoritative resource provides full, unabridged text of the complete Internal Revenue Code in two volumes. CCH offers this tax information in a timely and reliable manner that business and tax professionals have come to expect and appreciate. This Summer Edition of Internal Revenue Code reflects all new statuatory tax changes through June 2007. CCH's Internal Revenue Code is presented in a reader-friendly format, with an expanded page size and larger type fonts for enhanced readability. And, it features a two-volume format to allow for a more legible single-column presentation of the Code provisions themselves. Reproduced is the complete Internal Revenue Code dealing with income, estate, gift, employment, and excise taxes, along with all the procedural and administrative provisions. Current text of the statutes are presented, and a history of each tax code section, or subsection if appropriate, is provided in the amendment notes. The amendment notes specifically identify the changes made by prior Acts and serve as a means of reconstructing the former text of a Code section or subsection if reference to prior law is required. The detailed Topical Index located at the end of both volumes reflects all matters covered, so researchers can quickly pinpoint any information needed, and rate tables are also helpfully included. CCH's easy-to-use format featuring larger page size with larger type fonts for enhanced readability and its detailed amendment notes and accuracy have proven beneficial year after year. Serious tax professionals who rely on the Code in the normal course of their work know they can count on CCH's Internal Revenue Code over any other volumes available. The CCH Code is also great tool for students in tax courses who need the latest Code provisions, and it has served for decades as a useful tool for new hires and for firm-wide distribution. This bound set remains very popular as a must-have desktop reference in the new millenium--even for professionals and firms with extensive electronic tax resources who value the print Code as an easy-to-access and easy-to-read complement to their electronic libraries.
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SUBCHAPTER N TAX BASED ON INCOME FROM SOURCES WITHIN OR WITHOUT THE UNITED STATES Part ISource Rules and Other Gen...
Certain payments for the use of property or services
Sec 873 Deductions Sec 874 Allowance of deductions and credits
Nonrecognition of gain or loss on contribution
Subpart BForeign Corporations Sec 881 Tax on income of foreign corporations not connected with United States business Sec 882 Tax on income of...
Subpart CTax on Gross Transportation Income
Imposition of tax on gross transportation income of nonresident aliens and foreign corporations Subpart DMiscellaneous Provisions
Doubling of rates of tax on citizens and corporations of certain foreign countries Sec 892 Income of foreign governments and of international organi...
Cross reference Part IIOccupational Tax Subpart AProprietors of Distilled Spirits Plants Bonded Wine Cellars Etc Sec 5081 Imposition and rate of tax...
Imposition and rate of tax Sec 5092 Definition of brewer Sec 5093 Cross references
Subpart CManufacturers of Stills Sec 5101 Notice of manufacture of still notice of set up of still Sec 5102 Definition of manufacturer of stills
Subpart DWholesale Dealers Sec 5111 Imposition and rate of tax Sec 5112 Definitions Sec 5113 Exemptions Sec 5114 Records Sec 5116 Packaging ...
Imposition and rate of tax Sec 5122 Definitions Sec 5123 Exemptions Sec 5124 Records Sec 5125 Cross references
Subpart FNonbeverage Domestic Drawback Claimants Sec 5131 Eligibility and rate of tax Sec 5132 Registration and regulation Sec 5133 Investigati...
Subpart GGeneral Provisions Sec 5141 Registration Sec 5142 Payment of tax Sec 5143 Provisions relating to liability for occupational taxes Sec 514...
Suspension of occupational tax Sec 5149 Cross references
Compensation of employees of foreign governments or international organizations
Income affected by treaty
Income derived by a foreign central bank of issue from obligations of the United States or from bank deposits Sec 896 Adjustment of tax on national...
Disposition of investment in United States real property
Taxable year of certain foreign corporations Part IIIIncome From Sources Without the United States
Subpart AForeign Tax Credit
Taxes of foreign countries and of possessions of United States Sec 902 Deemed paid credit where domestic corporation owns 10 percent or more of ...
Disallowance of certain entertainment etc expenses
Tax Rate Tables
Sec 179E Election to expense advanced mine safety equipment Sec 180 Expenditures by farmers for fertilizer etc Sec 181 Treatment of certain qualif...
Subpart BEarned Income of Citizens or Residents of United States Sec 911 Citizens or residents of the United States living abroad
Gross income defined Sec 62 Adjusted gross income defined Sec 63 Taxable income defined Sec 64 Ordinary income defined Sec 65 Ordinary loss ...
UNITED STATES CODE
Subpart DPossessions of the United States Sec 931 Income from sources within Guam American Samoa or the Northern Mariana Islands Sec 932 Coo...
Allowance of deductions
Coordination of United States and Guam individual income taxes
Puerto Rico and possession tax credit
Residence and source rules involving possessions
Subpart EQualifying Foreign Trade IncomeRepealed
Rules for certain reserves Sec 808 Policyholder dividends deduction Sec 810 Operations loss deduction Subpart DAccounting Allocation and Foreign...
Subpart GExport Trade Corporations Sec 970 Reduction of subpart F income of export trade corporations Sec 971 Definitions
Subpart HIncome of Certain Nonresident United States Citizens Subject to Foreign Community Property LawsRepealed
Subpart IAdmissibility of Documentation Maintained in Foreign Countries Sec 982 Admissibility of documentation maintained in foreign countries
Subpart JForeign Currency Transactions Sec 985 Functional currency Sec 986 Determination of foreign taxes and foreign corporations earnings and ...
Part IVDomestic International Sales Corporations Subpart ATreatment of Qualifying Corporations Sec 991 Taxation of a domestic international sales ...
Taxation of DISC income to shareholders Sec 996 Rules for allocation in the case of distributions and losses Sec 997 Special subchapter C rules
Accounting provisions Sec 812 Definition of companys share and policyholders share Sec 814 Contiguous country branches of domestic life insuran...
Part VInternational Boycott Determinations Sec 999 Reports by taxpayers determinations
SUBCHAPTER O GAIN OR LOSS ON DISPOSITION OF PROPERTY Part IDetermination of Amount of and Recognition of Gain or Loss
Determination of amount of and recognition of gain or loss
Special rules relating to corporate preference items
Basis of property included in inventory Sec 1014 Basis of property acquired from a decedent
Basis of property acquired by gifts and transfers in trust
Adjustments to basis
Extent of recognition of gain or loss on distribution
Property on which lessee has made improvements Sec 1021 Sale of annuities Sec 1022 Treatment of property acquired from a decedent dying after ...
Part IIICommon Nontaxable Exchanges Sec 1031 Exchange of property held for productive use or investment
Exchange of stock for property Sec 1033 Involuntary conversions
Expenses for production of income Sec 213 Medical dental etc expenses Sec 215 Alimony etc payments Sec 216 Deduction of taxes interest and bu...
Certain exchanges of insurance policies
Stock for stock of same corporation
Certain exchanges of United States obligations Sec 1038 Certain reacquisitions of real property
Transfer of certain farm etc real property
Use of appreciated carryover basis property to satisfy pecuniary bequest
Transfers of property between spouses or incident to divorce Sec 1042 Sales of stock to employee stock ownership plans or certain cooperatives
Sale of property to comply with conflictofinterest requirements
Rollover of publicly traded securities gain into specialized small business investment companies
Rollover of gain from qualified small business stock to another qualified small business stock Part IVSpecial Rules Sec 1051 Property acquired durin...
Part VChanges to Effectuate F C C PolicyStricken
Part VIExchanges in Obedience to S E C OrdersRepealed
Part VIIWash Sales Straddles Sec 1091 Loss from wash sales of stock or securities Sec 1092 Straddles
Part VIIIDistributions Pursuant to Bank Holding Company ActRepealed
Distributions of property
SUBCHAPTER P CAPITAL GAINS AND LOSSES Part ITreatment of Capital Gains Sec 1201 Alternative tax for corporations
Partial exclusion for gain from certain small business stock
Part IITreatment of Capital Losses Sec 1211 Limitation on capital losses Sec 1212 Capital loss carrybacks and carryovers
Life insurance company defined Sec 817 Treatment of variable contracts Sec 817A Special rules for modified guaranteed contracts Sec 818 Other de...
Part IIIGeneral Rules for Determining Capital Gains and Losses Sec 1221 Capital asset defined Sec 1222 Other terms relating to capital gains and loss...
Part IVSpecial Rules for Determining Capital Gains and Losses Sec 1231 Property used in the trade or business and involuntary conversions
Gains and losses from short sales
Options to buy or sell
Sec 1234A Gains or losses from certain terminations
Sec 1234B Gains or losses from securities futures contracts
Sale or exchange of patents
Dealers in securities
Real property subdivided for sale
Gain from sale of depreciable property between certain related taxpayers
Cancellation of lease or distributors agreement
Losses on small business investment company stock Sec 1243 Loss of small business investment company Sec 1244 Losses on small business stock
Gain from dispositions of certain depreciable property
Gain from certain sales or exchanges of stock in certain foreign corporations
Distributions in redemption of stock
Gain from certain sales or exchanges of patents etc to foreign corporations Sec 1250 Gain from dispositions of certain depreciable realty
Gain from disposition of farm land Sec 1253 Transfers of franchises trademarks and trade names
Gain from disposition of interest in oil gas geothermal or other mineral properties
Gain from disposition of section 126 property
Section 1256 contracts marked to market
Disposition of converted wetlands or highly erodible croplands Sec 1258 Recharacterization of gain from certain financial transactions
Constructive sales treatment for appreciated financial positions
Gains from constructive ownership transactions
Part VSpecial Rules for Bonds and Other Debt Instruments Subpart AOriginal Issue Discount Sec 1271 Treatment of amounts received on retirement ...
Disposition gain representing accrued market discount treated as ordinary income Sec 1277 Deferral of interest deduction allocable to accrued marke...
Current inclusion in income of discount on certain shortterm obligations
Subpart AInterest on Tax Deferral
Election of mark to market for marketable stock
Part IIncome Averaging
Correction of error
General business credit
Part IIn General
Part IPension ProfitSharing Stock Bonus Plans
Passthru of items to shareholders
Coordination with subchapter C
Tax imposed when passive investment income of corporation having accumulated
Additional requirements for organizations described in paragraph 9 17or 20
Qualified pension profitsharing and stock bonus plans
qualified mortgage bond and qualified veterans mortgage bond
Subpart AEmpowerment Zone Employment Credit
Sec 1397E Credit to holders of qualified zone academy bonds
Sec 1397F Regulations
No separate taxable entities for partnerships corporations
Sec 1400H Renewal community employment credit
Qualified small issue bond qualified student loan bond qualified redevelopment bond Sec 145 Qualified 501c3 bond
Sec 1400M Definitions
Carryback and carryforward of unused credits
Arbitrage Sec 149 Bonds must be registered to be tax exempt other requirements Subpart CDefinitions and Special Rules Sec 150 Definitions and spe...
2percent floor on miscellaneous itemized deductions Sec 68 Overall limitation on itemized deductions
Sec MOOS Additional tax relief provisions
Allowance of deductions for personal exemptions Sec 152 Dependent defined Sec 153 Cross references
Liability for withheld
Chapter 4Rules Applicable to Recovery of Excessive Profits on Government ContractsRepealed
Chapter 5Tax on Transfers to Avoid Income TaxRepealed
Chapter 6Consolidated Returns SUBCHAPTER A RETURNS AND PAYMENT OF TAX Sec 1501 Privilege to file consolidated returns Sec 1502 Reg...
Part IIn General Sec 1551 Disallowance of the benefits of the graduated corporate rates and accumulated earnings credit Sec 1552 Earnings and profi...
Limitations on certain multiple tax benefits in the case of certain controlled corporations Sec 1563 Definitions and special rules
Part ILife Insurance Companies
SUBTITLE BESTATE AND GIFT TAXES Chapter 11Estate Tax SUBCHAPTER A ESTATES OF CITIZENS OR RESIDENTS Part ITax Imposed Se...
Unified credit against estate tax Sec 2011 Credit for State death taxes
Credit for gift
Credit for tax on prior transfers
Credit for foreign death taxes
Credit for death taxes on remainders
Recovery of taxes claimed as credit Part IIIGross Estate Sec 2031 Definition of gross estate Sec 2032 Alternate valuation Sec 2032A Valuation of cert...
Sec 404A Deduction for certain foreign deferred compensation plans
Part IVTaxable Estate Sec 2051 Definition of taxable estate Sec 2053 Expenses indebtedness and taxes Sec 2054 Losses Sec 2055 Transfers for publi...
Special rules applicable to sections 661 and 662
SUBCHAPTER B ESTATES OF NONRESIDENTS NOT CITIZENS Sec 2101 Tax imposed Sec 2102 Credits against tax Sec 2103 Definition of gros...
Allowance of deductions
Definition of executor Sec 2204 Discharge of fiduciary from personal liability
Reimbursement out of estate
Liability of life insurance beneficiaries Sec 2207 Liability of recipient of property over which decedent had power of appointment
Sec 2207A Right of recovery in the case of certain marital deduction property Sec 2207B Right of recovery where decedent retained interest
Certain residents of possessions considered citizens of the United States Sec 2209 Certain residents of possessions considered nonresidents not citizens...
SUBCHAPTER A DETERMINATION OF TAX LIABILITY
SUBCHAPTER B TRANSFERS Sec 2511 Transfers in general Sec 2512 Valuation of gifts Sec 2513 Gift by husband or wife to third party j Sec 25...
DEDUCTIONS Sec 2522 Charitable and similar gifts Sec 2523 Gift to spouse
Credit for certain State taxes
SUBCHAPTER B GENERATIONSKIPPING TRANSFERS Sec 2611 Generationskipping transfer defined Sec 2612 Taxable termination taxable distri...
Taxable amount in case of taxable distribution Sec 2622 Taxable amount in case of taxable termination
Taxable amount in case of direct skip Sec 2624 Valuation SUBCHAPTER D GST EXEMPTION Sec 2631 GST exemption Sec 2632 Special rules for...
SUBCHAPTER E APPLICABLE RATE INCLUSION RATIO Sec 2641 Applicable rate Sec 2642 Inclusion ratio
SUBCHAPTER F OTHER DEFINITIONS AND SPECIAL RULES Sec 2651 Generation assignment Sec 2652 Other definitions Sec 2653 Taxation of...
SUBCHAPTER G ADMINISTRATION Sec 2661 Administration Sec 2662 Return requirements Sec 2663 Regulations Sec 2664 Termination
Chapter 14Special Valuation Rules Sec 2701 Special valuation rules in case of transfers of certain interests in corporations or partnerships Sec 2702 S...
SUBTITLE CEMPLOYMENT TAXES Chapter 21Federal Insurance Contributions Act SUBCHAPTER A TAX ON EMPLOYEES Sec 3101 Rate of t...
Rate of tax Sec 3112 Instrumentalities of the United States
GENERAL PROVISIONS Sec 3121 Definitions Sec 3122 Federal service
Alimony and separate maintenance payments Sec 72 Annuities certain proceeds of endowment and life insurance contracts Sec 73 Services of child S...
Sec 408A Roth IRAs
Chapter 22Railroad Retirement Tax Act SUBCHAPTER A TAX ON EMPLOYEES Sec 3201 Rate of tax Sec 3202 Deduction of tax from compensati...
Rate of tax Sec 3212 Determination of compensation
TAX ON EMPLOYERS Sec 3221 Rate of tax SUBCHAPTER D GENERAL PROVISIONS
Definitions Sec 3232 Court jurisdiction Sec 3233 Short title SUBCHAPTER E TIER 2 TAX RATE DETERMINATION Sec 3241 Determination of ti...
Effect of changes
Chapter 23ARailroad Unemployment Repayment Tax Sec 3321 Imposition of tax Sec 3322 Definitions
Chapter 24Collection of Income Tax at Source on Wages SUBCHAPTER A WITHHOLDING FROM WAGES Sec 3401 Definitions Sec 3402 Incom...
Trade or business expenses Sec 163 Interest
Chapter 25General Provisions Relating to Employment Taxes Sec 3501 Collection and payment of taxes Sec 3502 Nondeductibility of taxes in comp...
SUBCHAPTER BSPECIAL FUELS
Imposition of tax on heavy trucks and trailers sold at retail
Registration and bond
Certain taxfree sales
Tax on insurance companies other than life insurance companies Sec 832 Insurance company taxable income Sec 833 Treatment of Blue Cross and B...
Chapter 33Facilities and Services
Imposition of tax
Chapter 35Taxes on Wagering SUBCHAPTER A TAX ON WAGERS Sec 4401 Imposition of tax Sec 4402 Exemptions Sec 4403 Record requireme...
SUBCHAPTER B OCCUPATIONAL TAX Sec 4411 Imposition of tax Sec 4412 Registration Sec 4413 Certain provisions made applicable Sec 4414 ...
MISCELLANEOUS PROVISIONS Sec 4421 Definitions Sec 4422 Applicability of federal and state laws Sec 4423 Inspection of books Sec 4424 Dis...
Chapter 36Certain Other Excise Taxes SUBCHAPTER A HARBOR MAINTENANCE TAX Sec 4461 Imposition of tax Sec 4462 Definitions and spe...
Definitions SUBCHAPTER C OCCUPATIONAL TAX ON BOWLING ALLEYS BILLIARD AND POOL TABLESREPEALED SUBCHAPTER D TA...
SUBCHAPTER E TAX ON USE OF CIVIL AIRCRAFTREPEALED
SUBCHAPTER F TAX ON REMOVAL OF HARD MINERAL RESOURCES FROM DEEP SEABEDREPEALED
Chapter 38Environmental Taxes SUBCHAPTER A TAX ON PETROLEUM Sec 4611 Imposition of
Definitions and special rules
SUBCHAPTER B TAX ON CERTAIN CHEMICALS Sec 4661 Imposition of tax Sec 4662 Definitions and special rules
TAX ON CERTAIN IMPORTED SUBSTANCES Sec 4671 Imposition of tax Sec 4672 Definitions and special rules
OZONE DEPLETING CHEMICALS ETC Sec 4681 Imposition of tax Sec 4682 Definitions and special rules
Chapter 39RegistrationRequired Obligations Sec 4701 Tax on issuer of registrationrequired obligation not in registered form
Chapter 40General Provisions Relating to Occupational Taxes Sec 4901 Payment of tax Sec 4902 Liability of partners Sec 4903 Liability in case of ...
Chapter 41Public Charities Sec 4911 Tax on excess expenditures to influence legislation Sec 4912 Tax on disqualifying lobbying expenditures of cer...
Chapter 42Private Foundations and Certain Other TaxExempt Organizations SUBCHAPTER A PRIVATE FOUNDATIONS Sec 4940 Excise tax base...
Constructive ownership of stock
Termination of private foundation status
Taxes on selfdealing Sec 4952 Taxes on taxable expenditures Sec 4953 Tax on excess contributions to black lung benefit trusts
POLITICAL EXPENDITURES OF SECTION 501c3 ORGANIZATIONS Sec 4955 Taxes on political expenditures of section 501c3 organizations
FAILURE BY CERTAIN CHARITABLE ORGANIZATIONS TO MEET CERTAIN QUALIFICATION REQUIREMENTS Sec 4958 Taxes on excess ...
SUBCHAPTER E ABATEMENT OF FIRST AND SECOND TIER TAXES IN CERTAIN CASES Sec 4961 Abatement of second tier taxes where ther...
SUBCHAPTER F TAX SHELTER TRANSACTIONS Sec 4965 Excise tax on certain taxexempt entities entering into prohibited tax shelter transactions
SUBCHAPTER G DONOR ADVISED FUNDS Sec 4966 Taxes on taxable distributions Sec 4967 Taxes on prohibited benefits
Chapter 43Qualified Pension Etc Plans Sec 4971 Taxes on failure to meet minimum funding standards Sec 4972 Tax on nondeductible contributions...
Retirement savings Sec 220 Archer MSAs
Excise tax on undistributed income of real estate investment trusts
Golden parachute payments
SUBCHAPTER F BONDED AND TAXPAID WINE PREMISES
Income tax credit for average cost of carrying excise
Method of collecting
Refund and drawback in case of exportation
Losses resulting from disaster vandalism or malicious mischief
Territorial extent of law Sec 5066 Distilled spirits for use of foreign embassies legations
SUBCHAPTER B QUALIFICATION REQUIREMENTS FOR DISTILLED SPIRITS PLANTS Sec 5171 Establishment Sec 5172 Application Sec 51...
Regulation of operations
Entry for deposit
Part IReturn of Materials Used in the Manufacture or Recovery of Distilled Spirits
Part IEstablishment Sec 5351 Bonded wine cellar Sec 5352 Taxpaid wine bottling house Sec 5353 Bonded wine warehouse Sec 5354 Bond Sec 535...
Bonded wine cellar operations Sec 5362 Removals of wine from bonded wine cellars Sec 5363 Taxpaid wine bottling house operations Sec 5364 Wi...
Part IIICellar Treatment and Classification of Wine Sec 5381 Natural wine Sec 5382 Cellar treatment of natural wine Sec 5383 Amelioration and swe...
Part IVGeneral Sec 5391 Exemption from distilled spirits taxes Sec 5392 Definitions
SUBCHAPTER G BREWERIES Part IEstablishment Sec 5401 Qualifying documents
Definitions Sec 5403 Cross references Part IIOperations Sec 5411 Use of brewery
Removal of beer in containers or by pipeline Sec 5413 Brewers procuring beer from other brewers Sec 5414 Removals from one brewery to another ...
Records and returns I
SUBCHAPTER H MISCELLANEOUS PLANTS AND WAREHOUSES Part IVinegar Plants Sec 5501 Establishment
Establishment and operation Sec 5512 Control of products after manufacture Part IIIManufacturing Bonded WarehousesRepealed
MISCELLANEOUS GENERAL PROVISIONS Sec 5551 General provisions relating to bonds Sec 5552 Installation of meters tanks and other apparat...
Determinations Sec 5560 Other provisions applicable Sec 5561 Exemptions to meet the requirements of the national defense Sec 5562 Exemptions fr...
SUBCHAPTER J PENALTIES SEIZURES AND FORFEITURES RELATING TO LIQUORS Part IPenalty Seizure and Forfeiture Provisions Applicab...
Release of distillery before judgment Sec 5612 Forfeiture of taxpaid distilled spirits remaining on bonded premises Sec 5613 Forfeiture of distilled sp...
Burden of proof in cases of seizure of spirits Sec 5615 Property subject to forfeiture
Part IIPenalty and Forfeiture Provisions Applicable to Wine and Wine Production Sec 5661 Penalty and forfeiture for violation of laws and regulatio...
Part IIIPenalty Seizure and Forfeiture Provisions Applicable to Beer and Brewing Sec 5671 Penalty and forfeiture for evasion of beer tax and fraudul...
Penalty relating to signs Sec 5682 Penalty for breaking locks or gaining access Sec 5683 Penalty and forfeiture for removal of liquors under imprope...
Part VPenalties Applicable to Occupational Taxes Sec 5691 Penalties for nonpayment of special taxes Chapter 52Tobacco Products and Cigarette Pap...
SUBCHAPTER A DEFINITIONS RATE AND PAYMENT OF TAX EXEMPTION FROM TAX AND REFUND AND DRAWBACK OF TAX t Sec ...
SUBCHAPTER B QUALIFICATION REQUIREMENTS FOR MANUFACTURERS
IMPORTERS OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES AND EXPORT WAREHOUSE PROPRIETORS Sec 5711 Bond
OCCUPATIONAL TAX Sec 5731 Imposition and rate of
SUBCHAPTER E RECORDS OF MANUFACTURERS AND IMPORTERS OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES A...
SUBCHAPTER G PENALTIES AND FORFEITURES Sec 5761 Civil penalties Sec 5762 Criminal penalties
Registration of importers manufacturers and dealers
Special occupational tax exemption
SUBTITLE FPROCEDURE AND ADMINISTRATION
Persons required to make returns of income
Credit for foreign taxes Sec 842 Foreign companies carrying on insurance business Sec 843 Annual accounting period
Relief from joint and several liability on joint return
Selfemployment tax returns
Imposition of tax on unrelated business income of charitable etc organizations
Returns of banks with respect to common trust funds
Sec 6034A Information to beneficiaries of estates and trusts
Unrelated trade or business
Sec 6038A Information with respect to certain foreignowned corporations
Returns required in connection with certain options
Sec 6039E Information concerning resident status
Sec 6050E State and local income tax refunds
Exemption of farmers cooperatives from
Interest on education loans Sec 222 Qualified tuition and related expenses
Subpart CInformation Regarding Wages Paid Employees
Part VTime for Filing Returns and Other Documents
Designation by individuals
Tax return preparer must furnish copy of return to taxpayer and must retain a copy or list Sec 6108 Statistical publications and studies Sec 6109 Iden...
Disclosure of reportable transactions
Material advisors of reportable transactions must keep lists of advisees
Disclosure of nondeductibility of contributions
Treatybased return positions Sec 6115 Disclosure related to quid pro quo contributions Sec 6116 Cross reference
Chapter 62Time and Place for Paying Tax SUBCHAPTER A PLACE AND DUE DATE FOR PAYMENT OF TAX Sec 6151 Time and place for payi...
Extension of time for paying tax Sec 6163 Extension of time for payment of estate tax on value of reversionary or remainder interest in property Sec...
Chapter 63Assessment SUBCHAPTER A IN GENERAL Sec 6201 Assessment authority Sec 6202 Establishment by regulations of mode or time of as...
Definition of a deficiency Sec 6212 Notice of deficiency
Expenses for household and dependent care services necessary for gainful employment
Part ITreatment of Partnership Items and Adjustments
Administrative adjustment requests
SEIZURE OF PROPERTY FOR COLLECTION OF TAXES
Payment of tax by commercially acceptable means
Part IDue Process for Collections Sec 6330 Notice and opportunity for hearing before levy
Part IILevy Sec 6331 Levy and distraint Sec 6332 Surrender of property subject to levy
Production of books Sec 6334 Property exempt from levy Sec 6335 Sale of seized property Sec 6336 Sale of perishable goods Sec 6337 Redemptio...
SUBCHAPTER E COLLECTION OF STATE INDIVIDUAL INCOME TAXESREPEALED
Taxes of foreign countries and possessions of the United States possession tax credit
Tentative carryback and refund adjustments Sec 6412 Floor stocks refunds
Special rules applicable to certain employment taxes
Income tax withheld Sec 6415 Credits or refunds to persons who collected certain taxes
Certain taxes on sales and services
Excise tax on wagering Sec 6420 Gasoline used on farms
Gasoline used for certain nonhighway purposes used by local transit systems or sold for certain exempt purposes
Conditions to allowance in the case of alcohol and tobacco taxes
Adjustment of overpayment of estimated income tax by corporation
Credit for alcohol fuel biodiesel and alternative fuel mixtures
Fuels not used for taxable purposes
Acceleration of 10 percent income tax rate bracket benefit for 2001
Advance payment of portion of increased child credit for 2003
Subpart DDefinition and Special Rule
Chapter 66Limitations SUBCHAPTER A LIMITATIONS ON ASSESSMENT AND COLLECTION Sec 6501 Limitations on assessment and collection
SUBCHAPTER B LIMITATIONS ON CREDIT OR REFUND
Mitigation of effect of limitation in case of related taxes under different chapters
SUBCHAPTER B INTEREST ON OVERPAYMENTS
Imposition of accuracyrelated penalty on underpayments
Imposition of fraud penalty
Rules for application of assessable penalties Sec 6672 Failure to collect and pay over tax or attempt to evade or defeat tax Sec 6673 Sanctions and cos...
Assessable penalties with respect to information required to be furnished under section 7654 Sec 6689 Failure to file notice of redetermination of for...
Fraudulent statement or failure to furnish statement to plan participant Sec 6692 Failure to file actuarial report
Health savings accounts
Understatement of taxpayers liability by tax return preparer
Sec 6695A Substantial and gross valuation misstatements attributable to incorrect appraisals Sec 6696 Rules applicable with respect to sections 6694 6...
Assessable penalties with respect to liability for tax of regulated investment companies Sec 6698 Failure to file partnership return
Promoting abusive tax shelters
Penalties for aiding and abetting understatement of tax liability
Frivolous tax submissions
Rules applicable to penalties under sections 6700 6701 and 6702
Failure by broker to provide notice to payors Sec 6706 Original issue discount information requirements
Failure to furnish information regarding reportable transactions
Sec 6707A Penalty for failure to include reportable transaction information with return Sec 6708 Failure to maintain lists of advisees with respect to r...
Penalties with respect to mortgage credit certificates Sec 6710 Failure to disclose that contributions are nondeductible
Failure by taxexempt organization to disclose that certain information or service available from Federal Government Sec 6712 Failure to disclose trea...
Disclosure or use of information by preparers of returns Sec 6714 Failure to meet disclosure requirements applicable to quid pro quo contributions S...
Sec 6715A Tampering with or failing to maintain security requirements for mechanical dye injection systems
Failure to file information with respect to certain transfers at death and gifts
Refusal of entry Sec 6718 Failure to display tax registration on vessels
Failure to register or reregister Sec 6720 Fraudulent acknowledgments with respect to donations of motor vehicles boats and airplanes Sec 6720A Pe...
Sec 6720B Fraudulent identification of exempt use property
Health insurance costs of eligible individuals
Failure to report information under section 4101
Jeopardy assessments of income estate gift and certain excise taxes
Closing agreements Sec 7122 Compromises Sec 7123 Appeals dispute resolution procedures Sec 7124 Cross references
Chapter 75Crimes Other Offenses and Forfeitures SUBCHAPTER A CRIMES Part IGeneral Provisions Sec 7201 Attempt to evade or defeat tax Sec 7...
False statements to purchasers or lessees relating to tax Sec 7212 Attempts to interfere with administration of internal revenue laws
Unauthorized disclosure of information
Sec 7213A Unauthorized inspection of returns or return information
Offenses by officers and employees of the United States
Offenses with respect to collected taxes Sec 7216 Disclosure or use of information by preparers of returns
Prohibition on executive branch influence over taxpayer audits and other investigations
Part IIPenalties Applicable to Certain Taxes Sec 7231 Failure to obtain license for collection of foreign items Sec 7232 Failure to register or reregister...
SUBCHAPTER B OTHER OFFENSES Sec 7261 Representation that retailers excise tax is excluded from price of article Sec 7262 Violation of occup...
FORFEITURES Part IProperty Subject to Forfeiture Sec 7301 Property subject to tax Sec 7302 Property used in violation of internal revenue laws Se...
Authority to seize property subject to forfeiture Sec 7322 Delivery of seized personal property to United States marshal Sec 7323 Judicial action to e...
MISCELLANEOUS PENALTY AND FORFEITURE PROVISIONS Sec 7341 Penalty for sales to evade tax Sec 7342 Penalty for refusal to permit ent...
Chapter 76Judicial Proceedings SUBCHAPTER A CIVIL ACTIONS BY THE UNITED STATES Sec 7401 Authorization Sec 7402 Jurisdiction of dis...
Prohibition of suits to restrain assessment or collection
Civil actions for refund
Repayments to officers or employees Sec 7424 Intervention
Discharge of liens
Civil actions by persons other than taxpayers
Tax return preparers Sec 7428 Declaratory judgments relating to status and classification of organizations under section 501c3
Review of jeopardy levy or assessment procedures
Awarding of costs and certain fees
Civil damages for unauthorized inspection or disclosure of returns and return information
Civil damages for failure to release lien
Civil damages for certain unauthorized collection actions
Sec 7433A Civil damages for certain unauthorized collection actions by persons performing services under qualified tax collection contracts Sec 743...
Civil damages for unauthorized enticement of information disclosure
Proceedings for determination of employment status
THE TAX COURT Part IOrganization and Jurisdiction Sec 7441 Status Sec 7442 Jurisdiction Sec 7443 Membership Sec 7443A Special trial judges S...
Fee for filing petition Sec 7452 Representation of parties Sec 7453 Rules of practice procedure and evidence Sec 7454 Burden of proof in fraud fou...
Witness fees Sec 7458 Hearings Sec 7459 Reports and decisions Sec 7460 Provisions of special application to divisions Sec 7461 Publicity of procee...
Part IIIMiscellaneous Provisions Sec 7471 Employees Sec 7472 Expenditures Sec 7473 Disposition of fees Sec 7474 Fee for transcript of record Sec ...
Part IVDeclaratory Judgments Sec 7476 Declaratory judgments relating to qualification of certain retirement plans Sec 7477 Declaratory judgments r...
COURT REVIEW OF TAX COURT DECISIONS Sec 7481 Date when Tax Court decision becomes final
Courts of review
Notice of appeal
Change of incumbent in office Sec 7485 Bond to stay assessment and collection
Refund credit or abatement of amounts disallowed Sec 7487 Cross references SUBCHAPTER E BURDEN OF PROOF Sec 7491 Burden of proof
Chapter 77Miscellaneous Provisions Sec 7501 Liability for taxes withheld or collected Sec 7502 Timely mailing treated as timely filing and paying S...
Chapter 78Discovery of Liability and Enforcement of Title
SUBCHAPTER A EXAMINATION AND INSPECTION Sec 7601 Canvass of districts for taxable persons and objects Sec 7602 Examination of book...
Service of summons
Enforcement of summons
Time and place of examination
Entry of premises for examination of taxable objects Sec 7608 Authority of internal revenue enforcement officers
Special procedures for thirdparty summonses
Fees and costs for witnesses
Restrictions on church tax inquiries and examinations
Special procedures for summonses for computer software
SUBCHAPTER B GENERAL POWERS AND DUTIES Sec 7621 Internal revenue districts Sec 7622 Authority to administer oaths and certify Sec 76...
SUPERVISION OF OPERATIONS OF CERTAIN MANUFACTURERS REPEALED SUBCHAPTER D POSSESSIONS Sec 7651 Administration and ...
Chapter 79Definitions Sec 7701 Definitions Sec 7702 Life insurance contract defined Sec 7702A Modified endowment contract defined Sec 7702B ...
Applicability of revenue laws Sec 7852 Other applicable rules
PROVISIONS AFFECTING MORE THAN ONE SUBTITLE Sec 7871 Indian tribal governments treated as States for certain purposes Sec 7872 Trea...
SUBTITLE GTHE JOINT COMMITTEE ON TAXATION Chapter 91Organization and Membership of the Joint Committee Sec 8001 Authorization ...
Chapter 92Powers and Duties of the Joint Committee Sec 8021 Powers Sec 8022 Duties Sec 8023 Additional powers to obtain data
SUBTITLE HFINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS Chapter 95Presidential Election Campaign Fund Sec 9001 Short title Sec ...
Chapter 96Presidential Primary Matching Payment Account Sec 9031 Short title Sec 9032 Definitions Sec 9033 Eligibility for payments Sec 9034 En...
SUBTITLE ITRUST FUND CODE
SUBCHAPTER B GENERAL PROVISIONS
Liability of assigned operators
Failure to pay premium
Chapter 100Group Health Plan Requirements
Guaranteed renewability in multiemployer plans and certain multiple employer welfare
Qualified tuition programs
Part IVReal Estate Mortgage Investment Conduits
Certain death benefits Sec 102 Gifts and inheritances Sec 103 Interest on state and local bonds Sec 104 Compensation for injuries or sickness Sec 105...
Minimum participation standards
Research and experimental expenditures Sec 175 Soil and water conservation expenditures Sec 176 Payments with respect to employees of certain fo...
Person other than grantor treated as substantial owner
Public Laws Amending the Internal Revenue Code
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Act Sec Added Code Sec adjusted basis allocated Amended Code Sec attributable beginning after December capital gain clause contract controlled foreign corporation debt instrument December 31 deduction defined in section described in section DISC disposition distribution dividends domestic corporation earnings and profits Effective for tax election exceed excess profits taxes extent fair market value following Code Sec foreign country futures contract gain or loss general.—The gross income inserting in lieu interest Internal Revenue Code investment lieu thereof meaning of section nonresident alien ordinary income paid or accrued percent period place it appeared preceding sentence Prior to amendment provision of P.L. qualified read as follows real property regulations prescribed related person repeal residence sale or exchange special rules striking subpart taken into account tax imposed Tax Reform Act tax years beginning tax years ending taxable income taxable year beginning taxpayer term tion trade or business transaction treated United States shareholder