Ad
related to: internal revenue code 482
Search results
Results from the WOW.Com Content Network
Section 482 of the Internal Revenue Code: Reallocation of Income [ edit ] Section 482 of the Internal Revenue Code allows for a reallocation of income from the Loan-Out corporation to the individual, if necessary to avoid unintended tax evasion , or to more reasonably reflect the genuine revenues generated by the corporation.
Transfer pricing in the U.S. is governed by section 482 of the Internal Revenue Code (IRC) and applies when two or more organizations are owned or managed by the same interests. Section 482 applies to all transactions between related parties and commonly controlled parties, regardless of taxpayer intent, according to regulatory guidance.
The text of the Internal Revenue Code as published in title 26 of the U.S. Code is virtually identical to the Internal Revenue Code as published in the various volumes of the United States Statutes at Large. [3] Of the 50 enacted titles, the Internal Revenue Code is the only volume that has been published in the form of a separate code.
Section 7805 of the Internal Revenue Code gives the United States Secretary of the Treasury the power to create the necessary rules and regulations for enforcing the Internal Revenue Code. [2] These regulations, including but not limited to the "Income Tax Regulations," are located in Title 26 of the Code of Federal Regulations, or "C.F.R ...
The Internal Revenue Code, which Stephen King declares is “the scariest thing he has ever read," has three major elements that address and acknowledge the value of added and/or advanced ...
Revenue Act of 1950; Excess profits tax (1950) P.L. 82-183 Enacted 10/20/51 Revenue Act of 1951; P.L. 83-324 Enacted 03/31/54 Excise Tax Reduction Act of 1954; P.L. 83-517 Enacted 07/22/1954 Revised Organic Act of the Virgin Islands; P.L. 83-591 Enacted 08/16/54 Internal Revenue Code of 1954; P.L. 83-703 Enacted 08/30/1954 Atomic Energy Act of 1954
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law.
Under the Internal Revenue Code returns can be classified as either tax returns or information returns, although the term "tax return" is sometimes used to describe both kinds of returns in a broad sense. Tax returns, in the more narrow sense, are reports of tax liabilities and payments, often including financial information used to compute the ...
Ad
related to: internal revenue code 482