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Implements § 61Open in workspace

Reg. § 403.61 Sale on open, competitive bids.

26 CFR § 403.61eCFR, current through 2026-07-14

If forfeited property is to be sold at public auction to the highest bidder on open, competitive bids, the notice of sale shall so specify, and state the date, hour, and place of such sale.

Regulations under § 61 (17)

  • Reg. § 1.61-1Gross income.
  • Reg. § 1.61-2Compensation for services, including fees, commissions, and similar items.
  • Reg. § 1.61-3Gross income derived from business.
  • Reg. § 1.61-4Gross income of farmers.
  • Reg. § 1.61-5Allocations by cooperative associations; per-unit retain certificates—tax treatment as to cooperatives and patrons.
  • Reg. § 1.61-6Gains derived from dealings in property.
  • Reg. § 1.61-7Interest.
  • Reg. § 1.61-8Rents and royalties.
  • Reg. § 1.61-9Dividends.
  • Reg. § 1.61-10Alimony and separate maintenance payments; annuities; income from life insurance and endowment contracts.
  • Reg. § 1.61-11Pensions.
  • Reg. § 1.61-12Income from discharge of indebtedness.
  • Reg. § 1.61-13Distributive share of partnership gross income; income in respect of a decedent; income from an interest in an estate or trust.
  • Reg. § 1.61-14Miscellaneous items of gross income.
  • Reg. § 1.61-15Options received as payment of income.
  • Reg. § 1.61-21Taxation of fringe benefits.
  • Reg. § 1.61-22Taxation of split-dollar life insurance arrangements.
← Reg. § 403.60Purchaser entitled to bill of sale.Reg. § 403.62 →Sale on sealed, competitive bids.