Internal Revenue Bulletin: 2005-36 |
September 6, 2005 |
Table of Contents
- Highlights of This Issue
- Preface
- Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
- Part III. Administrative, Procedural, and Miscellaneous
- Notice 2005-64
- SECTION 1. OVERVIEW
- SECTION 2. BACKGROUND
- SECTION 3. IDENTIFICATION OF CASH DIVIDENDS, QUALIFYING DIVIDENDS, AND SEPARATE CATEGORIES; FOREIGN CURRENCY TRANSLATION RULES
- SECTION 4. DISALLOWANCE OF CREDIT OR DEDUCTION FOR FOREIGN TAXES ON DEDUCTIBLE PORTION OF QUALIFYING DIVIDENDS
- SECTION 5. DISALLOWANCE OF DEDUCTIONS FOR CERTAIN EXPENSES RELATED TO DEDUCTIBLE PORTION OF QUALIFYING DIVIDENDS
- SECTION 6. ALLOCATION AND APPORTIONMENT OF EXPENSES TO SEPARATE CATEGORIES WITH QUALIFYING DIVIDENDS
- SECTION 7. LIMITATION ON REDUCTION IN TAXABLE INCOME BELOW AMOUNT OF NONDEDUCTIBLE CFC DIVIDENDS PURSUANT TO SECTION 965(e)(2)
- SECTION 8. OVERALL FOREIGN LOSS AND SEPARATE LIMITATION LOSS RULES
- SECTION 9. RESTRICTION ON USE OF CREDITS TO OFFSET TAX ON NONDEDUCTIBLE
CFC DIVIDENDS AND COMPUTATION OF ALTERNATIVE MINIMUM TAX PURSUANT TO SECTION
965(e)(1)
- .01 In General
- .02 Additional Limitation on Foreign Tax Credits
- .03 No Use of Credits Other than Credit for Prior Year Minimum Tax to Offset U.S. Tax on Nondeductible CFC Dividends
- .04 Computation of Section 53 Credit in Election Year
- .05 Computation of Alternative Minimum Tax in Election Year
- .06 Examples
- SECTION 10. OTHER GUIDANCE
- .01 Application of General Tax Law Principles
- .02 Base Period Inclusions under Section 965(b)(2)(B)
- .03 Allocation of $500 Million Limitation—Clarification of Section 4.05 of Notice 2005-38
- .04 Effect of Restatement of Certified Financial Statement
- .05 Definition of United States
- .06 Treatment of Accounts Payable Resulting from Section 482 Adjustments
- .07 Exceptions to Related Party Indebtedness for Certain Ordinary Course Transactions of Banks and Dealers in Securities—Addition to Section 7.02 of Notice 2005-38
- .08 Intercompany Trade Payables—Modification of Section 7.02 of Notice 2005-38
- .09 Distributions to Intermediary Partnerships—Clarification of Section 3.02 of Notice 2005-10 and Section 9.06 of Notice 2005-38
- .10 Domestic Reinvestment Plans—Clarification of Section 4.01 of Notice 2005-10
- .11 Qualified Plan Funding—Clarification of Section 5.05(b) of Notice 2005-10
- SECTION 11. TRANSITION RULES
- SECTION 12. EFFECT ON OTHER DOCUMENTS
- SECTION 13. EFFECTIVE DATE
- SECTION 14. PAPERWORK REDUCTION ACT
- SECTION 15. DRAFTING INFORMATION
- Rev. Proc. 2005-63
- Rev. Proc. 2005-64
- Notice 2005-64
- Part IV. Items of General Interest
- Definition of Terms and Abbreviations
- Numerical Finding List
- Effect of Current Actions on Previously Published Items
- How to get the Internal Revenue Bulletin
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