CFR›Title 26›Chapter I›Part 1›Subject Group Terminal Railroad Corporations and Their Shareholders ContainsSections 1.281-1–1.300CorpusDaily eCFRDisplayed edition2026-04-15Last updated2026-04-15 Sections 1.281-1 § 1.281-1 In general. 1.281-2 § 1.281-2 Effect of section 281 upon the computation of taxable income. 1.281-3 § 1.281-3 Definitions. 1.281-4 § 1.281-4 Taxable years affected. 1.282-1.300 §§ 1.282-1.300 [Reserved] Previous Taxation of Business Income of Certain Exempt Organizations Taxation of Business Income of Certain Exempt Organizations Next Time and Place for Paying Tax Time and Place for Paying Tax