(a) General rule. Every partnership (as defined in section 761(a)) shall make a return for each taxable year, stating specifically the items of its gross income and the deductions allowable by ...

(a) Imposition of tax. There is hereby imposed on any person who receives an excess parachute payment a tax equal to 20 percent of the amount of such payment. (b) Excess parachute payment defined. For ...

IRS Publication 225 (2024) is available. PHONE: 800-955-2444 CONNECT: Tax Analysts is a tax publisher and does not provide tax advice or preparation services.

(1) Certain nonrecourse financing excluded from credit base. (A) Limitation. The credit base of any property to which this paragraph applies shall be reduced by the nonqualified nonrecourse financing ...

(a) General rule. No gain or loss shall be recognized on the receipt by a corporation of property distributed in complete liquidation of another corporation. (b) Liquidations to which section applies.

(a) Allowance of deduction. Where a donor transfers during the calendar year by gift an interest in property to a donee who at the time of the gift is the donor's spouse, there shall be allowed as a ...

(a) Authority of Secretary. The Secretary is authorized and required to make the inquiries, determinations, and assessments of all taxes (including interest, additional amounts, additions to the tax, ...

The New York City Department of Finance explained the tax treatment of global intangible low-taxed income, foreign-derived intangible income, and IRC section 965 income under the general corporation ...

Internal Revenue Code of 1986 SUBTITLE B -- ESTATE AND GIFT TAXES Chapter 11 -- Estate Tax Subchapter A -- Estates of Citizens or Residents Part III -- Gross estate (1) Receivable by the executor. To ...

Plaintiff United States of America (the “Government”) brings this action against Sharnjeet K. Sagoo (“Ms. Sagoo”). The Government seeks to reduce its assessed penalties to judgment and collect civil ...

Researching federal income tax issues demands distilling the law from the code, regulations, revenue rulings, administrative guidance, and sometimes hundreds of tax cases that may all be relevant to a ...