Internal Revenue Code

(redirected from 26 U.S.C.)
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Internal Revenue Code

The various statutes and regulations making up federal tax law.

Internal Revenue Code

The unified law of taxation in the United States. It outlines how individuals and corporations are taxed as well as which deductions and credits are allowed, and how they are to be applied. The Code also covers estate taxes, gift taxes, and payroll taxes. The current version of the Internal Revenue Code was introduced in 1986, though it has been amended since. Critics of the code contend that it is needlessly complicated.

Internal Revenue Code

The tax law of the United States.
References in periodicals archive ?
Step 2: Enact a specific exemption for home distillation similar to the homebrewing exemption under 26 U.
It should be noted that the absence of a prior assertion of the 26 U.
The "minimum set aside requirements" are that at least 20% of the units are rent restricted and occupied by persons with incomes not greater than 50% of the area median income, 26 U.
The three high-capacity 12 gauge shotguns were classified by the ATF in 1994 as "destructive devices" under the National Firearms Act (NFA), 26 U.
1) The "capstone of [this] system of sanctions"(2) is the felony provision 26 U.
United States,(1) the United States Supreme Court held that 26 U.
In its ruling, BATF declared that, "[w]ith respect to the machine gun classification of the auto sear under the National Firearms Act, pursuant to 26 U.
12) In response, the Circuit Court pointed out that a condition of that waiver of sovereign immunity is compliance with 26 U.
Once the court determined that each tenant individually possessed present rights under state law, the court held that under federal law, the federal tax lien attached to said property rights within the meaning of 26 U.
881 authorizes the attorney general to pay rewards for "information which leads to the arrest and conviction of a person who kills or kidnaps a Federal drug law enforcement agent"; 26 U.