Published by the Office of the Federal Register, National Archives and Records Service
General Services Administration, as a Special Edition of the Federal Register
Pursuant to Section 11 of the Federal Register Act as Amended

POCKET SUPPLEMENTS

to this book are cumulated annually. Order from the Superintendent of Documents, United States Government Printing Office, Washington 25, D.C.

As of January 1, 1961

Title 26 Contained in 10 Volumes

For List of Code Volumes Superseded

See Preface to This Volume

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1961

For sale by the Superintendent of Documents, U.S. Government Printing Office

UNITED STATES OF AMERICA

Preface

Table of Contents

List of Revised Volumes

Table of Titles and Chapter Headings

Title 26:

Chapter I-Internal Revenue Service, Department of the Treasur

(Part 1, §§ 1.401 to 1.860).

Index [Note]

List of Sections Affected

Preface

This book is one of ten volumes containing all of the rules and regulations constituting Title 26—Internal Revenue, Revised as of January 1, 1961. These books replace the following Code of Federal Regulations volumes:

1. Title 26—Internal Revenue (cloth-bound books containing regulations issued pursuant to the Internal Revenue Code of 1939): Parts 1 to 79, Revised 1953; Parts 80 to 169, 1949 Edition; Parts 170 to 182, 1949 Edition; Parts 183 to 299, Revised 1953; Part 300 to End and Title 27, 1949 Edition. Title 27, formerly included in the volume containing Part 300 to the end of Title 26, is issued as a separate volume, as of January 1, 1961.

2. Title 26 Internal Revenue, 1954 (paper-bound books containing regulations issued pursuant to the Internal Revenue Code of 1954): Part 1 (§§ 1.01 to 1.499); Part 1 (§ 1.500 to End) to Part 19; Parts 20 to 169, Parts 170 to 221, Parts 222 to 299; Part 300 to End.

This revision contains all rules and regulations in Title 26, general and permanent in nature, duly promulgated on or before December 31, 1960, and effective as to facts arising on and after January 1, 1961. Certain regulations issued pursuant to the Internal Revenue Code of 1939 which were not completely superseded as of January 1, 1961, are carried in full text as appendices to the appropriate subchapters.

This volume is provided with a pocket for the insertion of annual cumulative supplements. It also contains a list of sections affected which provides Federal Register citations to all changes in Part 1, §§ 1.401 to 1.858 of Title 26 since January 1, 1954, including changes which are no longer in effect.

A complete list of sections affected which provides Federal Register citations to all changes in regulations issued pursuant to the Internal Revenue Code of 1939 since January 1, 1949, including those not entirely superseded as of January 1, 1961, appears at the end of the volume containing Part 600 to End.

This book is published pursuant to Part 30 of the regulations of the Administrative Committee of the Federal Register, as revised March 20, 1959 (24 F.R. 2352; 1 CFR Part 30), under the authority contained in section 11 of the Federal Register Act as amended (67 Stat. 388; 44 U.S.C. 311). The contents of the Federal Register and of the Code of Federal Regulations are by law prima facie evidence of the text of the original documents and are required to be judicially noticed (49 Stat. 502, 67 Stat. 388; 44 U.S.C. 307, 311). The approved citation of the Code is "CFR." Thus the citation “26 CFR 1.401" refers to Section 1.401 of this Title. D. C. EBERHART

January 3, 1961.