Section 1274

5 property in applying this subsection the term property includes services and the right to use property but such term does not include money.

Section 1274. Applicable federal rates section 1274 d governs the determination of applicable federal rates afrs that are used for determining the imputed principal amount of obligations to which section 1274 applies for computing total unstated interest on payments to which section 483 applies and for other purposes. Section 1274 shall not apply and b interest on such debt instrument shall be taken into account by both the borrower and the lender under the cash receipts and disbursements method of accounting. 98 67 title i aug.

For the treatment of certain obligations given in exchange for services or the use of property see sections 404 and 467. Section 102 a b of pub. Section 1274 d 1 d of the internal revenue code of 1986 formerly i r c.

5 1983 97 stat. 2018 1 this revenue ruling provides various prescribed rates for federal income tax purposes for january 2018 the current month. To which section 1274 applies the issue price of a debt instrument which is issued for property shall be the stated redemption price at maturity.

Section 1274 determination of issue price in the case of certain debt instruments issued for property also sections 42 280g 382 467 468 482 483 642 1288 7520 rev. 1954 as added by section 101 b shall apply as if included in the amendments made by section 41 of the tax reform act of 1984 pub. 98 43 this revenue ruling provides various prescribed rates for federal income tax purposes for september 1998 the current month.

Section 1274 determination of issue price in the case of certain debt instruments issued for property also sections 42 280g 382 467 468 482 483 1288 7520 7872 rev. 369 repealed subtitle a 301 308 of title iii of pub. 2020 6 this revenue ruling provides various prescribed rates for federal income tax purposes for march 2020 the current month.

98 369 see effective date note set out under section 1271 of this title. For purposes of section 1274 property includes debt instruments and investment units but does not include money services or the right to use property.