2004 CFR Title 26, Volume 14

Title 26--Internal Revenue CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PART 2--MARITIME CONSTRUCTION RESERVE FUND
	2.1	Statutory provisions; sections 511 and 905, Merchant Marine Act, 1936, and related statutes.
	2.1-1	Definitions.
	2.1-2	Scope of section 511 of the Act and the regulations in this part.
	2.1-3	Requirements as to vessel operations.
	2.1-4	Application to establish fund.
	2.1-5	Tentative authorization to establish fund.
	2.1-6	Establishment of fund.
	2.1-7	Circumstances permitting reimbursement from a construction reserve fund.
	2.1-8	Investment of funds in securities.
	2.1-9	Valuation of securities in fund.
	2.1-10	Withdrawals from fund.
	2.1-11	Time deposits.
	2.1-12	Election as to nonrecognition of gain.
	2.1-13	Deposit of proceeds of sales or indemnities.
	2.1-14	Deposit of earnings and receipts.
	2.1-15	Time for making deposits.
	2.1-16	Tax liability as to earnings deposited.
	2.1-17	Basis of new vessel.
	2.1-18	Allocation of gain for tax purposes.
	2.1-19	Requirements as to new vessels.
	2.1-20	Obligation of deposits.
	2.1-21	Period for construction of certain vessels.
	2.1-22	Time extensions for expenditure or obligation.
	2.1-23	Noncompliance with requirements.
	2.1-24	Extent of tax liability.
	2.1-25	Assessment and collection of deficiencies.
	2.1-26	Reports by taxpayers.
	2.1-27	Controlled corporation.
	2.1-28	Administrative jurisdiction.