Page:United States Statutes at Large Volume 43 Part 1.djvu/302

SIXTY-EIGHTH CONGRESS. Sess. 1. cn. 234. 1924. 271 by glliis paragraph shall be equitably apportioned between the lessor ¤N¤°¤¤ TAX an essee; _ (10) Contributions or gifts made within the taxable year to or G‘“S’°‘°j for the use of: (A) The United States, any State, Territory, or any F‘" "“b1‘° us"' political subdivision thereof, or the District of Columbia, for ex- _ clusively lpublic purposes; (B) any corporation, or trust, or com- miifiii’§”`ZiiZo°¤2, i°$`ii§Z munity c est, fund, or foundation, organized and operated ex- f, §g'l-];m°· °°°·· clusively for religious, charitable, scientific, literary, or educational ' purposes, or for the prevention of cruelty to children or animals, C dll, no part of the net earnings of which inures to the benefit of any vm ,.1;; h private shareholder or individual; (C) the special fund for voca- tatigiil `° N °bm` tional rehabilitation authorized by section 7 of the Vocational Re- ¥v°;‘;;l;:£; habilitation Act; (D) posts or organizations of war veterans, or izati0¤s,etc. °rm` auxiliary units or societies of any such posts or organizations, if such posts, organizations, units, or societies are organized in the United States or any of its possessions, and if no part of their net earnings inures to the beneiit of any rivate shareholder or indi- Fmlmmllodm llc vidual; or (E) a fraternal society, orciiar, or association, o erating Conditions. ° imder the lodge system, but only if such contributions or are to be used exclusively for religious, charitable, scientific, literary, or mvmllonolmdw educational purposes, or for the prevention of cruelty to children or ¢¤L¤!¤1s1r¤¤. ow. animals; to an amount which in all the above cases combined does lm"` not exceed 15 per centum of the tax ayer’s net income as computed Allowance ol lull without the benefit of this paragraph, exceptthat if in the taxable onzllouotllillopwmoosoo. year and in each of the ten preceding taxable years the amotmt in °n °°°' all the above cases combined exceeds 90 per centum of the ta.xps;iyer’s net income for each such year, as computed without the bene t of this paragraph, then to the full amount of such contributions and By mulls, dnl gifts made within the taxable year. In case of a nonresident alien aliens. individual this deduction shall be allowed only as to contributions or gifts made to domestic corporations, or to community chests, funds or foundation created in the United States, or to such vocational Valllmlml mlllml rehabilitation Sfund. Such contributions or shall be allowable ` as deductions only if verified under rules an regulations prescribed by the Commissioner, with the approval of the ecretary. Nmllld l mm H(b) gn the bclase of a n<;nresident {lien lpdivlldual, the dedllxctlgxls °d4,llo:l.¤l§Z a owe in su ivision a , except t ose a owe in paragrap s , °°"’m,Q,,_ (6), and (10) , shall be allowed only if and to the extent that they are Umm mm connected with income from sources within the United States; and the proper apportionment and allocation of the deductions with respect to sources of income within and without the United States shall be determined as provided in section 217 under rules and re§· lations prescribed by the Commissioner with the approval of e lppumbllmlmm Secretary. In the case of a citizen entitled to the nefits of sec- homscurcesin United tion 262 the deductions shall be the same and shall determined in the same manner as in the case of a nomesident alien mdividual. rrmzs Nom nnnccrmm:. I““""°"’°""“‘“"°· Sec. 215. (o) In computing net income no deduction Saou in any °°*¤¤¤ wmcase be allowed in respect of- PWM ml ll, (1; Personal, living, or family expenses: D¤¤¤¢· ’ . ’ (2 Any amount paid out for new buildings or for permanent mm"' improvements or betterments made to increase the value of any propert or estate; (3) guy amonmt expended in restoxingllllroperty or in making °t°”"°°` good the exhaustionilhereof for which an owance is or has been made; or li 45822°-251*-—20