Tax Regulations definition
Examples of Tax Regulations in a sentence
If Seller is a 539 foreign person (as that term is defined in the Internal Revenue Code and Income Tax Regulations), Seller 540 acknowledges and agrees that at Closing, Buyer may require tax withholding from Seller’s proceeds up to the 541 maximum amount permitted by law.
In addition, if a plan has not been timely or properly amended during an applicable remedial amendment period for adopting good faith or interim amendments with respect to disqualifying provisions, as described in §1.401(b)-1(b)(1) of the Income Tax Regulations, the plan has a Plan Document Failure.
This update includes correction rules largely similar to the corrections that were at § 1.415-6(b)(6)(iii) of the Income Tax Regulations (as it appeared in the April 1, 2007 edition of 26 CFR part 1) prior to amendments made by the recently finalized regulations under § 415, but with the amount placed in an unallocated account to be reallocated in lieu of employer contributions other than elective deferrals.