TABLE OF CONTENTS C H A P T E R 1. Normal Taxes and Surtaxes—Continued SUBCHAPTER K. Part n e r s and partnership s — C o n t i n u e d Part II. Contributions, distributions, and transfers—Continued Subpart C. Transfers of interests in a partnership. Sec. 741. Recognition and character of gain or loss on sale or exchange
_ Sec. 742. Basis of transferee part n e r ' s interest See. 743. Optional adjustment to basis of partnership property Subpart D. Provisions common to other subpart s. Sec. 751. Unrealized receivables and inventory items Sec. 752. T r e a t m e n t of certain liabilities Sec. 753. Part n e r receiving income in respect of decedent__Sec. 754. M a n n e r of electing optional adjustment to basis of partnership property Sec. 755. Rules for allocation of basis Part III. Definitions. Sec. 761. Term s defined._i Part IV. Effective date for subchapter. Sec. 771. Effective date SUBCHAPTER L. Insurance companies. Part I. Life insurance companies. Sec. 801. Definition of life insurance company Sec. 802. Imposition of tax _ Sec. 803. Other definitions and rules Sec. 804. Reserve and other policy liability deduction__ Sec. 805. 1954 life insurance company tax a b l e i n c o m e - . ' Sec. 806. Adjustment for certain reserves ' Sec. 807. Foreign life insurance companies Part II. M u t u a l insurance companies (other than life or marine or fire insurance companies issuing perpetual policies). Sec. 821. Tax on m u t u a l insurance companies (other than life or marine or fire insurance companies issuing perpetual policies) Sec. 822. Determination of m u t u a l insurance company taxable i n c o m e. _ _. Sec. 823. Other definitions __. Part III. Other insurance companies. Sec. 831. Tax on insurance companies (other than life or m u t u a l), m u t u a l marine insurance companies, and m u t u a l fire insurance companies issuing perpetual policies Sec. 832. Insurance company taxable income^ ^ Part IV. Provisions of general application. Sec. 841, Credit for foreign taxes Sec. 842. C o m p u t a t i o n of gross income SUBCHAPTER M, Regulated investment companies. Sec. 851. Definition of regulated investment company. _ Sec. 852. Taxation of regulated investment companies and their shareholders Sec. 853. Foreign tax credit allowed to shareholders Sec. 854. Limitations applicable to dividends received from regulated investment company Sec. 855. Dividends paid by regulated investment company after close of taxable year SUBCHAPTER N. Tax based on income from sources within or w i t h o u t the United States. Part I. Determination of sources of income. Sec. 861. Income from sources within the United States. Sec. 862. Income from sources w i t h o u t the United States Sec. 863. Items not specified in section 861 or 862 Sec. 864, Definitions...
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