The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1967 The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government. |
Otras ediciones - Ver todas
Términos y frases comunes
adjustments aggregate allocated annuity contract annuity plan apply attributable basis behalf beneficiary billing-month compensation computed cost death December 31 deduction under section described in section determined disposition distribution election employee's employer corporation estate tax example excess contribution exempt exer face amount fair market value graph gross income includible in gross Internal Revenue Code inventory January June LIFO meet the requirements ment method of accounting months option granted option is exercised option price option to purchase owner-employee paid paragraph parent or subsidiary payments pension percent ployee poration profit-sharing purposes of section pursuant qualified stock option requirements of section respect restricted stock option retirement bond revolving credit section 404 self-employed individual share of stock short period spect stock purchase plan subdivision subparagraph taxable income taxable years beginning taxpayer tion trade or business transfer treated tributions trust unused amounts allowed vidual
Pasajes populares
Página 7 - Secretary or his delegate not to be discriminatory in favor of employees who are officers, shareholders, persons whose principal duties consist in supervising the work of other employees, or highly compensated employees; and (4) if the contributions or benefits provided under the plan do not discriminate in favor of employees who are officers, shareholders, persons whose principal duties consist in supervising the work of other employees, or highly compensated employees.
Página 7 - ... (6) A plan shall be considered as meeting the requirements of paragraph (3) during the whole of any taxable year of the plan if on one day in each quarter it satisfied such requirements.
Página 78 - ... distributed as a level amount, or a level percentage of compensation, over the remaining future service of each such employee, as determined under regulations prescribed by the Secretary or his delegate, but if such remaining unfunded cost with respect to any 3 individuals is more than 50 percent of such remaining...
Página 208 - Is subject to the allowance for depreciation provided in section 23 (1), or an obligation of the United States or any of its possessions, or of a State or Territory, or any political subdivision thereof, or of the District of Columbia, Issued on or after March 1, 1941, on a discount basis and payable without Interest at a fixed maturity date not exceeding one year from the date of issue, or real property used in the trade or business of the taxpayer; (2) Short-term capital gain. The term "short-term...
Página 224 - Any goods in an inventory which are unsalable at normal prices or unusable in the normal way because of damage, Imperfections, shop wear, changes of style, odd or broken lots, or other similar causes...
Página 92 - ... for the period beginning with the date on which it was put into effect and ending with the 15th day of the third month following the close of the taxable year of the employer in which the plan was put...
Página 18 - ... discriminate in favor of employees who are officers, shareholders, persons whose principal duties consist in supervising the work of other employees, or highly compensated employees. (5) A classification shall not be considered discriminatory within the meaning of paragraph (3) (B) or (4) merely because it excludes employees the whole of whose remuneration constitutes "wages...
Página 183 - If no method of accounting has been regularly used by the taxpayer, or if the method used does not clearly reflect income, the computation of taxable income shall be made under such method as, in the opinion of the Secretary or his delegate, does clearly reflect income.
Página 78 - General rule. If contributions are paid by an employer to or under a stock bonus, pension, profitsharing, or annuity plan, or if compensation is paid or accrued on account of any employee under a plan deferring the receipt of such compensation, such contributions or compensation shall not be deductible under...
Página 7 - Neither shall a plan be considered discriminatory within the meaning of such provisions merely because the contributions or benefits of or on behalf of the employees under the plan bear a uniform relationship to the total compensation, or the basic or regular rate of compensation, of such employees, or merely because the contributions cr benefits based on that part of an employee's remuneration which Is excluded from "wages...