Code of Federal Regulations > Title 46 > Chapter II > Part 391 - PART 391—FEDERAL INCOME TAX ASPECTS OF THE CAPITAL CONSTRUCTION FUND

Regulations last checked for updates: May 05, 2024

Title 46 - Shipping last revised: Apr 03, 2024

§ 391.0 - Statutory provisions; section 607, Merchant Marine Act, 1936, as amended.

§ 391.1 - Scope of section 607 of the Act and the regulations in this part.

§ 391.2 - Ceiling on deposits.

§ 391.3 - Nontaxability of deposits.

§ 391.4 - Establishment of accounts.

§ 391.5 - Qualified withdrawals.

§ 391.6 - Tax treatment of qualified withdrawals.

§ 391.7 - Tax treatment of nonqualified withdrawals.

§ 391.8 - Certain corporate reorganizations and changes in partnerships, and certain transfers on death. [Reserved]

§ 391.9 - Consolidated returns. [Reserved]

§ 391.10 - Transitional rules for existing funds.

§ 391.11 - Definitions.

authority: Secs. 204(b) and 607(l), Merchant Marine Act, 1936, as amended (46 U.S.C. 1114,1177,Reorganization. 21 of 1950 (64 Stat. 1273) and No. 7 of 1961 (75 Stat. 840) as amended by Pub. L. 91-469 (84 Stat. 1036), Dept. of Commerce Organization Order 10-8 (38 FR 19707), July 23, 1973

source: 41 FR 23960, June 14, 1976, unless otherwise noted.