Code of Federal Regulations: Containing a Codification of Documents of General Applicability and Future Effect as of December 31, 1948, with Ancillaries and IndexDivision of the Federal Register, the National Archives, 1994 Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries. |
Otras ediciones - Ver todas
Términos y frases comunes
adjusted basis aggregation allocated allowable amount apply assets bad debts bank beginning after December benefits business taxable income capital cluded computed corporation costs December 31 deduction deposit described in section determined distribution dividends duction election under section employees eral erty Example exempt function exploration expenditures fair market value Federal Federal Acquisition Regulation filed foreign personal holding fund ganization graph gross income holding company income income tax indebtedness Internal Revenue Internal Revenue Code Internal Revenue Service January lease losses on qualifying ment mining natural gas operating mineral interests orga organiza organization described outstanding paragraph percent percentage depletion period personal holding company ported organizations prior private foundation production payment prop pursuant real property loans relating reserve for losses respect rules scribed in section shareholder spect subdivision subparagraph taxable years beginning taxpayer timber tion trade or business transfer transferor treated trust United VEBA zation
Pasajes populares
Página 195 - Unrelated, trade or business — (a) General rule. The term "unrelated trade or business" means, in the case of any organization subject to the tax imposed by section 511, any trade or business the conduct of which is not substantially related (aside from the need of such organization for income or funds or the use it makes of the profits derived) to the exercise or performance by such organization of its charitable, educational, or other purpose or function constituting the basis for its exemption...
Página 14 - ... no substantial part of the activities of which is carrying on propaganda, or otherwise attempting to influence legislation, and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of any candidate for public office.
Página 202 - Patronage dividends, refunds, and rebates to patrons with respect to their patronage in the same or preceding years (whether paid in cash, merchandise, capital stock, revolving fund certificates, retain certificates, certificates of indebtedness, letters of advice, or in some other manner that discloses to each patron the dollar amount of such dividend, refund, or rebate) shall be taken into account in computing taxable Income In the same manner as in the case of a cooperative organization not exempt...
Página 32 - ... (5) Cemetery companies owned and operated exclusively for the benefit of their members or which are not operated for profit ; and any corporation chartered solely for burial purposes as a cemetery corporation and not permitted by its charter to engage in any business not necessarily incident to that purpose, no part of the net earnings of which inures to the benefit of any private shareholder or individual...
Página 54 - ... or (3) Which is the selling of merchandise, substantially all of which has been received by the organization as gifts or contributions. (b) Special rule for trusts. The term "unrelated trade or business...
Página 22 - A business league is an association of persons having some common business interest, the purpose of which is to promote such common interest and not to engage in a regular business of a kind ordinarily carried on for profit.
Página 241 - Incidental personal services of other persons employed by the corporation to facilitate the performance of the services by the 25-percent stockholder, however, shall not constitute important or essential services. Under section 482 gross income, deductions, credits, or allowances between or among organizations, trades, or businesses...
Página 293 - Common Trust Fund shall be computed in the same manner and on the same basis as in the case of an individual...
Página 241 - Personal service contracts. — (A) Amounts received under a contract under which the corporation is to furnish personal services; if some person other than the corporation has the right to designate (by name or by description) the individual who is to perform the services, or if the individual who is to perform the services is designated (by name or by description) in the contract; and (B) amounts received from the sale or other disposition of such a contract.
Página 173 - Unrelated Trade or Business. — The term "unrelated trade or business" means, in the case of any organization subject to the tax imposed by section 421 (a), any trade or business the conduct of which is not substantially related (aside from the need of such organization for income or funds or the use it makes of the profits derived) to the exercise or performance by such organization of its charitable, educational, or other purpose or function constituting the basis for its exemption under section...