[Code of Federal Regulations]
[Title 26, Volume 18]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR302.1-1]

[Page 747]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 302_TAXES UNDER THE INTERNATIONAL CLAIMS SETTLEMENT ACT, AS AMENDED 
AUGUST 9, 1955--Table of Contents
 
Sec. 302.1-1  Definitions.

    (a) General. When used in the regulations in this part, the terms 
defined in this section shall have the meaning so assigned to them. A 
term not defined herein shall have the meaning, if compatible with the 
context, imputed thereto under the internal revenue laws.
    (b) Attorney General. The term ``Attorney General'' includes the 
officer in whom property is vested pursuant to title II of the 
International Claims Settlement Act of 1949, as amended. The term also 
includes the officer, including any Assistant Attorney General 
designated by the Attorney General for this purpose, designated and 
empowered pursuant to Executive Order No. 10644 to perform the functions 
conferred by title II upon the President of the United States and the 
functions conferred by such title upon the designee of the President.
    (c) Commissioner. The term ``Commissioner'' means the Commissioner 
of Internal Revenue.
    (d) Person. The term ``person'' includes a natural person, 
partnership, association, other unincorporated body, corporation, or 
body politic, having or claiming an interest in vested property or 
liable or charged with liability for internal revenue tax in connection 
with such property.
    (e) Former owner. The term ``former owner'' means the owner 
immediately prior to vesting and any successor in interest by 
inheritance, devise, bequest, or operation of law, of such owner.
    (f) Property. The term ``property'' means any property, right, or 
interest, including earnings, increment, or proceeds thereof.
    (g) Act. The term ``Act'' means the International Claims Settlement 
Act of 1949, as amended by the Act of August 9, 1955 (Pub. L. 285, 84th 
Cong., 69 Stat. 562).
    (h) Tax. The term ``tax'' includes, but is not limited to, any 
property, income, excess-profits, war-profits, excise, estates, and 
employment tax, import duty, and special assessment; and also any 
interest, penalty, additional amount, or addition thereto not arising 
from any act, omission, neglect, failure, or delay on the part of the 
Attorney General.