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 ?
omitting from the ban smoothbore pistols, among other firearms categorized under the National Firearms Act as "any other weapon"), with 26 U.
Nor does it apply to communications regarding tax shelters (which the statute defines broadly) or made in furtherance of a crime or fraud [see 26 U.
45) The court reasoned that when ACA sections 1311 and 1321 are "read in tandem with 26 U.
In this Note, I intend to: (1) Survey the history of the electioneering and substantial lobbying ban on tax-exempt organizations found in 26 U.
Step 2: Enact a specific exemption for home distillation similar to the homebrewing exemption under 26 U.
Alternately, one might argue that age adjustments should be integrated into the marginal rate schedule set forth in 26 U.
48) Accordingly, Congress, in 1954, placed restrictions on an investor's ability to maintain the same economic position under these circumstances, passing what is currently codified at 26 U.
section] 1346(a)(1) (2002) (establishing district court jurisdiction in civil tax lawsuits); see also 26 U.
Gift certificate also shall not include flexible spending arrangements as defined in Section 106(c)(2) of the Internal Revenue Code, 26 U.
based Stuttering Foundation of America (SFA) was rejected for the 2007 CFC because it was not classified as a public charity by the Internal Revenue Service (IRS) under 26 U.
For the eco-wise investor who has done the land use and envisioning homework there are many exciting ways to produce positive outcomes, including the possibility of tax advantages such as those available through Federal and State programs and the 1031 Like-Kind Exchange as defined by section 1031 of the Internal Revenue Code, 26 U.