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Code of Federal Regulations, Title 26, Internal Revenue, Pt. 1 (Sections 1.851 to 1.907), Revised as of April 1, 2018

Office of the Federal Register (U.S.)
en Limba Engleză Paperback – 16 iul 2018 – vârsta de la 18 până la 95 ani
The Code of Federal Regulations is a codification of the general and permanent rules published in the Federal Register by the Executive departments and agencies of the United States Federal Government. This print ISBN is the U.S. Federal Government official edition.
Title 26CFR, Part 1 (1.851-1.907), includes updated rules, regulations, procedures and administrative procedures associated with the Internal Revenue Service, Department of the Treasury, and income taxes. In this regulatory volume, you will find guidance on rentals and royalties, sale of property, nonresident student aliens, and nonresident individual aliens, foreign corporations,  and more.

To keep yourself updated on all U.S. regulations,subscribe to our annual 2018 CFR print subscriptionat this link: https://bookstore.gpo.gov/products/code-federal-regulationspaper2018
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Specificații

ISBN-13: 9780160945687
ISBN-10: 0160945682
Pagini: 982
Dimensiuni: 146 x 232 x 44 mm
Ediția:Revizuită
Editura: Us Independent Agencies and Commissions
Colecția Office of the Federal Register

Cuprins

Table of Contents:
Title 26 → Chapter I → Subchapter A
TITLE 26—Internal Revenue
CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED)
SUBCHAPTER A—INCOME TAX (CONTINUED)
1
1.851-1 to 1.907(f)-1
INCOME TAXES (CONTINUED) REGULATED INVESTMENT COMPANIES AND REAL ESTATE INVESTMENT TRUSTS
§1.851-1Definition of regulated investment company.
§1.851-2Limitations.
§1.851-3Rules applicable to section 851(b)(3).
§1.851-4Determination of status.
§1.851-5Examples.
§1.851-6Investment companies furnishing capital to development corporations.
§1.851-7Certain unit investment trusts.
§1.852-1Taxation of regulated investment companies.
§1.852-2Method of taxation of regulated investment companies.
§1.852-3Investment company taxable income.
§1.852-4Method of taxation of shareholders of regulated investment companies.
§1.852-5Earnings and profits of a regulated investment company.
§1.852-6Records to be kept for purpose of determining whether a corporation claiming to be a regulated investment company is a personal holding company.
§1.852-7Additional information required in returns of shareholders.
§1.852-8Information returns.
§1.852-9Special procedural requirements applicable to designation under section 852(b)(3)(D).
§1.852-10Distributions in redemption of interests in unit investment trusts.
§1.852-11Treatment of certain losses attributable to periods after October 31 of a taxable year.
§1.852-12Non-RIC earnings and profits.
§1.853-1Foreign tax credit allowed to shareholders.
§1.853-2Effect of election.
§1.853-3Notice to shareholders.
§1.853-4Manner of making election.
§1.854-1Limitations applicable to dividends received from regulated investment company.
§1.854-2Notice to shareholders.
§1.854-3Definitions.
§1.855-1Dividends paid by regulated investment company after close of taxable year. Real Estate Investment Trusts
§1.856-0Revenue Act of 1978 amendments not included.
§1.856-1Definition of real estate investment trust.
§1.856-2Limitations.
§1.856-3Definitions.
§1.856-4Rents from real property.
§1.856-5Interest.
§1.856-6Foreclosure property.
§1.856-7Certain corporations, etc., that are considered to meet the gross income requirements.
§1.856-8Revocation or termination of election.
§1.856-9Treatment of certain qualified REIT subsidiaries.
§1.856-10Definition of real property.
§1.857-1Taxation of real estate investment trusts.
§1.857-2Real estate investment trust taxable income and net capital gain.
§1.857-3Net income from foreclosure property.
§1.857-4Tax imposed by reason of the failure to meet certain source-of-income requirements.
§1.857-5Net income and loss from prohibited transactions.
§1.857-6Method of taxation of shareholders of real estate investment trusts.
§1.857-7Earnings and profits of a real estate investment trust.
§1.857-8Records to be kept by a real estate investment trust.
§1.857-9Information required in returns of shareholders.
§1.857-10Information returns.
§1.857-11Non-REIT earnings and profits.
§1.858-1Dividends paid by a real estate investment trust after close of taxable year.
§1.860-1Deficiency dividends.
§1.860-2Requirements for deficiency dividends.
§1.860-3Interest and additions to tax.
§1.860-4Claim for credit or refund.
§1.860-5Effective date.
§1.860A-0Outline of REMIC provisions.
§1.860A-1Effective dates and transition rules.
§1.860C-1Taxation of holders of residual interests.
§1.860C-2Determination of REMIC taxable income or net loss.
§1.860D-1Definition of a REMIC.
§1.860E-1Treatment of taxable income of a residual interest holder in excess of daily accruals.
§1.860E-2Tax on transfers of residual interests to certain organizations.
§1.860F-1Qualified liquidations.
§1.860F-2Transfers to a REMIC.
§1.860F-4REMIC reporting requirements and other administrative rules.
§1.860G-1Definition of regular and residual interests.
§1.860G-2Other rules.
§1.860G-3Treatment of foreign persons. TAX BASED ON INCOME FROM SOURCES WITHIN OR WITHOUT THE UNITED STATES
Determination of Sources of Income
§1.861-1 Income from sources within the United States.
§1.861-2 Interest.
§1.861-3 Dividends.
§1.861-4 Compensation for labor or personal services.
§1.861-5 Rentals and royalties.
§1.861-6 Sale of real property.
§1.861-7 Sale of personal property.
§1.861-8 Computation of taxable income from sources within the United States and from other sources and activities.
§1.861-8T Computation of taxable income from sources within the United States and from other sources and activities (temporary).
§1.861-9 Allocation and apportionment of interest expense.
§1.861-9T Allocation and apportionment of interest expense (temporary).
§1.861-10 Special allocations of interest expense.
§1.861-10T Special allocations of interest expense (temporary).
§1.861-11 Special rules for allocating and apportioning interest expense of an affiliated group of corporations.
§1.861-11T Special rules for allocating and apportioning interest expense of an affiliated group of corporations (temporary).
§1.861-12 Characterization rules and adjustments for certain assets.
§1.861-12T Characterization rules and adjustments for certain assets (temporary).
§1.861-13T Transition rules for interest expenses (temporary regulations).
§1.861-14 Special rules for allocating and apportioning certain expenses (other than interest expense) of an affiliated group of corporations.
§1.861-14T Special rules for allocating and apportioning certain expenses (other than interest expense) of an affiliated group of corporations (temporary).
§1.861-15 Income from certain aircraft or vessels first leased on or before December 28, 1980.
§1.861-16 Income from certain craft first leased after December 28, 1980.
§1.861-17 Allocation and apportionment of research and experimental expenditures.
§1.861-18 Classification of transactions involving computer programs.
§1.862-1 Income specifically from sources without the United States.
§1.863-0 Table of contents.
§1.863-1 Allocation of gross income under section 863(a).
§1.863-2 Allocation and apportionment of taxable income.
§1.863-3 Allocation and apportionment of income from certain sales of inventory. regulations applicable to taxable years prior to december 30, 1996
§1.863-3A Income from the sale of personal property derived partly from within and partly from without the United States.
§1.863-3AT Income from the sale of personal property derived partly from within and partly from without the United States (temporary regulations).
§1.863-4 Certain transportation services.
§1.863-6 Income from sources within a foreign country.
§1.863-7 Allocation of income attributable to certain notional principal contracts under section 863(a).
§1.863-8 Source of income derived from space and ocean activity under section 863(d).
§1.863-9 Source of income derived from communications activity under section 863(a), (d), and (e).
§1.863-10 Source of income from a qualified fails charge.
§1.864-1 Meaning of sale, etc.
§1.864-2 Trade or business within the United States.
§1.864-3 Rules for determining income effectively connected with U.S. business of nonresident aliens or foreign corporations.
§1.864-4 U.S. source income effectively connected with U.S. business.
§1.864-5 Foreign source income effectively connected with U.S. business.
§1.864-6 Income, gain, or loss attributable to an office or other fixed place of business in the United States.
§1.864-7 Definition of office or other fixed place of business.
§1.864-8T Treatment of related person factoring income (temporary).
§1.865-1 Loss with respect to personal property other than stock.
§1.865-2 Loss with respect to stock. Nonresident Aliens and Foreign Corporations
nonresident alien individuals
§1.871-1 Classification and manner of taxing alien individuals.
§1.871-2 Determining residence of alien individuals.
§1.871-3 Residence of alien seamen.
§1.871-4 Proof of residence of aliens.
§1.871-5 Loss of residence by an alien.
§1.871-6 Duty of witholding agent to determine status of alien payees.
§1.871-7 Taxation of nonresident alien individuals not engaged in U.S. business.
§1.871-8 Taxation of nonresident alien individuals engaged in U.S. business or treated as having effectively connected income.
§1.871-9 Nonresident alien students or trainees deemed to be engaged in U.S. business.
§1.871-10 Election to treat real property income as effectively connected with U.S. business.
§1.871-11 Gains from sale or exchange of patents, copyrights, or similar property.
§1.871-12 Determination of tax on treaty income.
§1.871-13 Taxation of individuals for taxable year of change of U.S. citizenship or residence.
§1.871-14 Rules relating to repeal of tax on interest of nonresident alien individuals and foreign corporations received from certain portfolio debt investments.
§1.871-15 Treatment of dividend equivalents.
§1.871-15T Treatment of dividend equivalents (temporary).
§1.872-1 Gross income of nonresident alien individuals.
§1.872-2 Exclusions from gross income of nonresident alien individuals.
§1.873-1 Deductions allowed nonresident alien individuals.
§1.874-1 Allowance of deductions and credits to nonresident alien individuals.
§1.875-1 Partnerships.
§1.875-2 Beneficiaries of estates or trusts.
§1.876-1 Alien residents of Puerto Rico, Guam, American Samoa, or the Northern Mariana Islands.
§1.879-1 Treatment of community income. foreign corporations
§1.881-0 Table of contents.
§1.881-1 Manner of taxing foreign corporations.
§1.881-2 Taxation of foreign corporations not engaged in U.S. business.
§1.881-3 Conduit financing arrangements.
§1.881-4 Recordkeeping requirements concerning conduit financing arrangements.
§1.881-5 Exception for certain possessions corporations.
§1.882-0 Table of contents.
§1.882-1 Taxation of foreign corporations engaged in U.S. business or of foreign corporations treated as having effectively connected income.
§1.882-2 Income of foreign corporations treated as effectively connected with U.S. business.
§1.882-3 Gross income of a foreign corporation.
§1.882-4 Allowance of deductions and credits to foreign corporations.
§1.882-5 Determination of interest deduction.
§1.883-0 Outline of major topics.
§1.883-1 Exclusion of income from the international operation of ships or aircraft.
§1.883-2 Treatment of publicly-traded corporations.
§1.883-3 Treatment of controlled foreign corporations.
§1.883-4 Qualified shareholder stock ownership test.
§1.883-5 Effective/applicability dates.
§1.884-0 Overview of regulation provisions for section 884.
§1.884-1 Branch profits tax.
§1.884-2 Special rules for termination or incorporation of a U.S. trade or business or liquidation or reorganization of a foreign corporation or its domestic subsidiary.
§1.884-2T Special rules for termination or incorporation of a U.S. trade or business or liquidation or reorganization of a foreign corporation or its domestic subsidiary (temporary).
§1.884-3T Coordination of branch profits tax with second-tier withholding (temporary). [Reserved]
§1.884-4 Branch-level interest tax.
§1.884-5 Qualified resident. miscellaneous provisions
§1.891 Statutory provisions; doubling of rates of tax on citizens and corporations of certain foreign countries.
§1.892-1T Purpose and scope of regulations (temporary regulations).
§1.892-2T Foreign government defined (temporary regulations).
§1.892-3 Income of foreign governments.
§1.892-3T Income of foreign governments (temporary regulations).
§1.892-4T Commercial activities (temporary regulations).
§1.892-5 Controlled commercial entity.
§1.892-5T Controlled commercial entity (temporary regulations).
§1.892-6T Income of international organizations (temporary regulations).
§1.892-7T Relationship to other Internal Revenue Code sections (temporary regulations).
§1.893-1 Compensation of employees of foreign governments or international organizations.
§1.894-1 Income affected by treaty.
§1.895-1 Income derived by a foreign central bank of issue, or by Bank for International Settlements, from obligations of the United States or from bank deposits.
§1.897-1 Taxation of foreign investment in United States real property interests, definition of terms.
§1.897-2 United States real property holding corporations.
§1.897-3 Election by foreign corporation to be treated as a domestic corporation under section 897(i).
§1.897-4AT Table of contents (temporary).
§1.897-5 Corporate distributions.
§1.897-5T Corporate distributions (temporary).
§1.897-6T Nonrecognition exchanges applicable to corporations, their shareholders, and other taxpayers, and certain transfers of property in corporate reorganizations (temporary).
§1.897-7T Treatment of certain partnership interests as entirely U.S. real property interests under sections 897(g) and 1445(e) (temporary).
§1.897-8T Status as a U.S. real property holding corporation as a condition for electing section 897(i) pursuant to §1.897-3 (temporary).
§1.897-9T Treatment of certain interest in publicly traded corporations, definition of foreign person, and foreign governments and international organizations (temporary). Income From Sources Without the United States
foreign tax credit
§1.901-1 Allowance of credit for taxes.
§1.901-2 Income, war profits, or excess profits tax paid or accrued.
§1.901-2A Dual capacity taxpayers.
§1.901-3 Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.
§1.901(m)-1T Definitions (temporary).
§1.901(m)-2T Covered asset acquisitions and relevant foreign assets (temporary).
§1.901(m)-3T Disqualified tax amount and aggregate basis difference carryover (temporary). [Reserved].
§1.901(m)-4T Determination of basis difference (temporary).
§1.901(m)-5T Basis difference taken into account (temporary).
§1.901(m)-6T Successor rules (temporary).
§1.901(m)-7T De minimis rules. [Reserved]
§1.901(m)-8T Miscellaneous. [Reserved]
§1.902-0 Outline of regulations provisions for section 902.
§1.902-1 Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid by the foreign corporation.
§1.902-2 Treatment of deficits in post-1986 undistributed earnings and pre-1987 accumulated profits of a first- or lower-tier corporation for purposes of computing an amount of foreign taxes deemed paid under §1.902-1.
§1.902-3 Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid with respect to accumulated profits of taxable years of the foreign corporation beginning before January 1, 1987.
§1.902-4 Rules for distributions attributable to accumulated profits for taxable years in which a first-tier corporation was a less developed country corporation.
§1.903-1 Taxes in lieu of income taxes.
§1.904-0 Outline of regulation provisions for section 904.
§1.904-1 Limitation on credit for foreign taxes.
§1.904-2 Carryback and carryover of unused foreign tax.
§1.904-3 Carryback and carryover of unused foreign tax by husband and wife.
§1.904-4 Separate application of section 904 with respect to certain categories of income.
§1.904-5 Look-through rules as applied to controlled foreign corporations and other entities.
§1.904-6 Allocation and apportionment of taxes.
§1.904-7 Transition rules.
§1.904(b)-0 Outline of regulation provisions.
§1.904(b)-1 Special rules for capital gains and losses.
§1.904(b)-2 Special rules for application of section 904(b) to alternative minimum tax foreign tax credit.
§1.904(f)-0 Outline of regulation provisions.
§1.904(f)-1 Overall foreign loss and the overall foreign loss account.
§1.904(f)-2 Recapture of overall foreign losses.
§1.904(f)-3 Allocation of net operating losses and net capital losses.
§1.904(f)-4 Recapture of foreign losses out of accumulation distributions from a foreign trust.
§1.904(f)-5 Special rules for recapture of overall foreign losses of a domestic trust.
§1.904(f)-6 Transitional rule for recapture of FORI and general limitation overall foreign losses incurred in taxable years beginning before January 1, 1983, from foreign source taxable income subject to the general limitation in taxable years beginning after December 31, 1982.
§1.904(f)-7 Separate limitation loss and the separate limitation loss account.
§1.904(f)-8 Recapture of separate limitation loss accounts.
§§1.904(f)-9—1.904(f)-11 [Reserved]
§1.904(f)-12 Transition rules.
§1.904(g)-0 Outline of regulation provisions.
§1.904(g)-1 Overall domestic loss and the overall domestic loss account.
§1.904(g)-2 Recapture of overall domestic losses.
§1.904(g)-3 Ordering rules for the allocation of net operating losses, net capital losses, U.S. source losses, and separate limitation losses, and for the recapture of separate limitation losses, overall foreign losses, and overall domestic losses.
§1.904(i)-0 Outline of regulation provisions.
§1.904(i)-1 Limitation on use of deconsolidation to avoid foreign tax credit limitations.
§1.904(j)-0 Outline of regulation provisions.
§1.904(j)-1 Certain individuals exempt from foreign tax credit limitation.
§1.905-1 When credit for taxes may be taken.
§1.905-2 Conditions of allowance of credit.
§1.905-3T Adjustments to United States tax liability and to the pools of post-1986 undistributed earnings and post-1986 foreign income taxes as a result of a foreign tax redetermination (temporary).
§1.905-4T Notification of foreign tax redetermination (temporary).
§1.905-5T Foreign tax redeterminations and currency translation rules for foreign tax redeterminations occurring in taxable years beginning prior to January 1, 1987 (temporary).
§1.907-0 Outline of regulation provisions for section 907.
§1.907(a)-0 Introduction (for taxable years beginning after December 31, 1982).
§1.907(a)-1 Reduction in taxes paid on FOGEI (for taxable years beginning after December 31, 1982).
§1.907(b)-1 Reduction of creditable FORI taxes (for taxable years beginning after December 31, 1982).
§1.907(c)-1 Definitions relating to FOGEI and FORI (for taxable years beginning after December 31, 1982).
§1.907(c)-2 Section 907(c)(3) items (for taxable years beginning after December 31, 1982).
§1.907(c)-3 FOGEI and FORI taxes (for taxable years beginning after December 31, 1982).
§1.907(d)-1 Disregard of posted prices for purposes of chapter 1 of the Code (for taxable years beginning after December 31, 1982).
§1.907(e)-1 [Reserved]
§1.907(f)-1 Carryback and carryover of credits disallowed by section 907(a) (for amounts carried between taxable years that each begin after December 31, 1982).