§1039 — Repealed. Pub. L. 101–508, title XI, § 11801(a)(33), Nov. 5, 1990, 104 Stat. 1388–521]
4 cases·4 cited
Statute Text — 26 U.S.C. §1039
[§ 1039. Repealed. Pub. L. 101–508, title XI, § 11801(a)(33), Nov. 5, 1990, 104 Stat. 1388–521] Section, added Pub. L. 91–172, title IX, § 910(a), Dec. 30, 1969, 83 Stat. 718; amended Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834, related to the recognition of gain on certain sales of low-income housing projects. Statutory Notes and Related Subsidiaries Savings ProvisionFor provisions that nothing in repeal by Pub. L. 101–508 be construed to affect treatment of certain transactions occurring, property acquired, or items of income, loss, deduction, or credit taken into account prior to Nov. 5, 1990, for purposes of determining liability for tax for periods ending after Nov. 5, 1990, see section 11821(b) of Pub. L. 101–508, set out as a note under section 45K of this title.
Treasury Regulations
- Treas. Reg. §Treas. Reg. §1.1039-1 Certain sales of low-income housing projects
- Treas. Reg. §Treas. Reg. §1.1039-1(a) §1.1039-1(a)
- Treas. Reg. §Treas. Reg. §1.1039-1(b) The amount of taxes (other than income taxes) paid or incurred by the taxpayer which are attributable to the approved disposition.
- Treas. Reg. §Treas. Reg. §1.1039-1(c) Definitions—(1) General.
- Treas. Reg. §Treas. Reg. §1.1039-1(d) Basis and holding period of replacement project—(1) Basis.
- Treas. Reg. §Treas. Reg. §1.1039-1(e) Assessment of deficiencies—(1) Deficiency attributable to gain.
- Treas. Reg. §Treas. Reg. §1.1039-1(f) The amount realized upon the approved disposition and a description of the expenses directly connected with the disposition and the taxes (other than income taxes) attributable to the disposition.
- Treas. Reg. §Treas. Reg. §1.1039-1(i) §1.1039-1(i)