---
kind: "unit"
title: "26"
title_heading: "Internal Revenue"
key: "chI/subchA/part2"
level: "part"
label: "Part 2"
heading: "Maritime Construction Reserve Fund"
release: "ecfr-current"
date: "2026-08-27"
url: "https://uscodex.org/cfr/26/chI-subchA-part2"
sections_count: 29
---

# Part 2 — Maritime Construction Reserve Fund

Title 26 C.F.R. — Internal Revenue › Chapter I — Internal Revenue Service, Department of the Treasury › Subchapter A — Income Tax

## Sections

- [§2.1. Statutory provisions; sections 511 and 905, Merchant Marine Act, 1936, and related statutes.](/cfr/26/2.1.md)
- [§2.1-1. Definitions.](/cfr/26/2.1-1.md)
- [§2.1-2. Scope of section 511 of the Act and the regulations in this part.](/cfr/26/2.1-2.md)
- [§2.1-3. Requirements as to vessel operations.](/cfr/26/2.1-3.md)
- [§2.1-4. Application to establish fund.](/cfr/26/2.1-4.md)
- [§2.1-5. Tentative authorization to establish fund.](/cfr/26/2.1-5.md)
- [§2.1-6. Establishment of fund.](/cfr/26/2.1-6.md)
- [§2.1-7. Circumstances permitting reimbursement from a construction reserve fund.](/cfr/26/2.1-7.md)
- [§2.1-8. Investment of funds in securities.](/cfr/26/2.1-8.md)
- [§2.1-9. Valuation of securities in fund.](/cfr/26/2.1-9.md)
- [§2.1-10. Withdrawals from fund.](/cfr/26/2.1-10.md)
- [§2.1-11. Time deposits.](/cfr/26/2.1-11.md)
- [§2.1-12. Election as to nonrecognition of gain.](/cfr/26/2.1-12.md)
- [§2.1-13. Deposit of proceeds of sales or indemnities.](/cfr/26/2.1-13.md)
- [§2.1-14. Deposit of earnings and receipts.](/cfr/26/2.1-14.md)
- [§2.1-15. Time for making deposits.](/cfr/26/2.1-15.md)
- [§2.1-16. Tax liability as to earnings deposited.](/cfr/26/2.1-16.md)
- [§2.1-17. Basis of new vessel.](/cfr/26/2.1-17.md)
- [§2.1-18. Allocation of gain for tax purposes.](/cfr/26/2.1-18.md)
- [§2.1-19. Requirements as to new vessels.](/cfr/26/2.1-19.md)
- [§2.1-20. Obligation of deposits.](/cfr/26/2.1-20.md)
- [§2.1-21. Period for construction of certain vessels.](/cfr/26/2.1-21.md)
- [§2.1-22. Time extensions for expenditure or obligation.](/cfr/26/2.1-22.md)
- [§2.1-23. Noncompliance with requirements.](/cfr/26/2.1-23.md)
- [§2.1-24. Extent of tax liability.](/cfr/26/2.1-24.md)
- [§2.1-25. Assessment and collection of deficiencies.](/cfr/26/2.1-25.md)
- [§2.1-26. Reports by taxpayers.](/cfr/26/2.1-26.md)
- [§2.1-27. Controlled corporation.](/cfr/26/2.1-27.md)
- [§2.1-28. Administrative jurisdiction.](/cfr/26/2.1-28.md)