26 U.S. Code § 118
26 U.S. Code § 118 - Contributions to the capital of a corporation
The term “contribution to the capital of the taxpayer” includes any amount of money or other property received from any person (whether or not a shareholder) ...
Page 570 TITLE 26—INTERNAL REVENUE CODE § 118 - GovInfo
—For pur- poses of this section, the term 'uniformed service' has the meaning given it by section 101(3) of title 37, United. States Code. ''(c) EFFECTIVE DATE.
26 U.S.C. § 118 - U.S. Code Title 26. Internal Revenue Code § 118
(a) General rule.--In the case of a corporation, gross income does not include any contribution to the capital of the taxpayer.
Sec. 118 (Contributions to the capital of a corporation) - Tax Notes
(A) Contribution in aid of construction. The term "contribution in aid of construction" shall be defined by regulations prescribed by the Secretary, except that ...
Contributions to the Capital of a Corporation 26 CFR 1.118-1 - IRS
Section 118(a) of the Code provides that in the case of a corporation, gross income does not include any contribution to the capital of the taxpayer. The ...
26 U.S.C. 118 - Contributions to the capital of a corporation - GovInfo
26 U.S.C. 118 - Contributions to the capital of a corporation. View the most recent version of this document on this website.
118, Exclusion of Contributions to Corporate Capital - Income Taxes
Under 118IRC §118, a corporation does not include a 118(a)contribution to its capital in its gross income. A contribution to capital can take 1.118-1many ...
26 CFR § 1.118-1 - Contributions to the capital of a corporation.
In the case of a corporation, section 118 provides an exclusion from gross income with respect to any contribution of money or property to the capital of ...
Contributions to the capital of a corporation, 26 U.S.C. § 118 - Casetext
The House Plan proposes to revise these rules so that all contributions to capital would be includible in the gross income of the recipient corporation to the ...
Contributions to the capital of a corporation, 26 U.S.C. § 118 - Casetext
The prior version of IRC Sec. 118 allowed the contribution of capital, such as the receipt of tax increment revenues, to be excluded in most circumstances.
It was the most comprehensive overhaul of the federal income tax system ever and included IRC Sections 118 and 362(c).14 Section 118 provided an exclusion for ...
26 USC Subtitle A, CHAPTER 1, Subchapter B, PART III - U.S. Code
The term "insured" means, with respect to an employer-owned life insurance contract, an individual covered by the contract who is a United States citizen or ...
Definition of Contribution in Aid of Construction Under Section 118(c)
This document contains final regulations concerning an exclusion from gross income for a contribution in aid of construction under section ...
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Public Law 118-106 (10/04/2024) · All titles in the format selected compressed into a zip · Title 1 - General Provisions ٭ · Title 2 - The Congress. 118-106.
Internal Revenue Service 26 CFR Part 1 [REG-106012-98] RIN ...
United States, M.D. Fla., No. 93-246-CIV-T-25A, 9/2/98, Congress enacted former section 118(b) in 1976 to codify ...
26 US Code § 118 - Contributions to the capital of a corporation
26 U.S. Code § 118 - Contributions to the capital of a corporation. (b) EXCEPTIONS For purposes of subsection (a), the term “contribution to the capital of ...
State and local location incentives: Reminder that the rules have ...
118 allowed taxpayers to exclude from gross income location incentives structured as nonshareholder contributions to capital. Although the Code ...
26 USC Subtitle A: Income Taxes - U.S. Code
Withholding of tax on nonresident aliens and foreign corporations. 4. Taxes to enforce reporting on certain foreign accounts. [5. Repealed.].
Credits & Incentives talk with Deloitte Tax Reform Impacts on ...
Corporate taxpayers who are interested should consult with a tax professional regarding the changes to Section 118 and their potential applicability. 1 339 U.S. ...
AIRPORT AND AIRWAY EXTENSION ACT OF 2023, PART II
Section 48101(a) of title 49, United States Code, is amended by ... 26 USC 9502. VerDate Sep 11 2014 01:34 Jan 05, 2024 Jkt 049139 PO ...