CCA 201049038
Retirement and Abandonment
ID: CCA_2010110308041757
Office: ---
UILC: 167.10-00
From: ---
Number: 201049038
Release Date: 12/10/2010
Sent: Wednesday, November 03, 2010 8:04:21 AM
To: ---
Cc: ---
Subject: RE:
Hi ---. I am assigning this to ---who worked on this case previously. He will be focusing on the second question.
As to the first question, the answer is "yes." Under section 1.167(a)-8(a), the term
"retirement" means the permanent withdrawal of depreciable property from use in the trade or business or in the production of income. This definition applies to any depreciable property, including section 1250 property.
---
Source: view the official PDF
Nearby sections (25 sections)
- cca-201052014 · Offers in Compromises
- cca-201052013 · Definitions and Special Rules
- cca-201052012 · Distributions of Property
- cca-201052011 · Limitations on Assessment and Collection (Barred v. Not…
- cca-201052010 · Extension of Time for Paying Tax
- cca-201052009 · Periods of Limitation on Suits (Barred v. Not Barred)
- cca-201052004 · Equitable Remedies
- cca-201052003 · Postmark Date Governs
- cca-201051021 · Indian Health Care Benefits
- tam-201049029 · Other Rules
- cca-201049041 · Mode or Time of Collection
- cca-201049039 · Signing of Corporation Returns
- cca-201049038 · Retirement and Abandonment
- cca-201049037 · Signing of Corporation Returns
- cca-201049036 · Tax Matters Partner
- cca-201049035 · Limitations on Credit or Refund (Barred v. Not Barred)
- cca-201049034 · Limitations on Credit or Refund (Barred v. Not Barred)
- cca-201049033 · Assessment Authority
- cca-201049032 · Administrative Adjustments Requests
- cca-201049031 · Deposits
- cca-201049030 · Joint Return v Separate Returns
- cca-201049028 · Exclusion From Gross Income
- cca-201049027 · Backup Withholding
- cca-201049026 · Classification of Property
- cca-201049025 · Qualified Subchapter S Subsidiary