Code of Federal Regulations > Title 46 > Chapter II > Part 391 - PART 391—FEDERAL INCOME TAX ASPECTS OF THE CAPITAL CONSTRUCTION FUND

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Jan 21, 2026

§ 391.0 - Statutory provisions; section 607, Merchant Marine Act, 1936, as amended.

§ 391.1 - Scope of section 607 of the Act and the regulations in this part.

§ 391.2 - Ceiling on deposits.

§ 391.3 - Nontaxability of deposits.

§ 391.4 - Establishment of accounts.

§ 391.5 - Qualified withdrawals.

§ 391.6 - Tax treatment of qualified withdrawals.

§ 391.7 - Tax treatment of nonqualified withdrawals.

§ 391.8 - Certain corporate reorganizations and changes in partnerships, and certain transfers on death. [Reserved]

§ 391.9 - Consolidated returns. [Reserved]

§ 391.10 - Transitional rules for existing funds.

§ 391.11 - Definitions.