INDEX» Rcvmueeict of 10$4·-—Continued. V Pan- l Revenue Act cj 19£6·——Conti¤ued. ~ — 1’•s¤· parts g Repealed; Title IV Tax on individual moome tax; credit for taxes ‘ Tobacco, and hsnufac- paid .............. V .......... 36 s V tures tlioreof, except secticn.400- 1 126 returnslby individuals,- - ._, 4. - , ,_i me V 37 section 400, in 30 da ,--,,; .... 126 by gartnerships, .......... - .... 37 s Title V, Taxon dues, by duoiarlom-- ....... ------,,. V 37 . in`30 days-; ..... ,,,; .... s---, 126 for less than a year---. ...... --- 38 Title Taxes-..:.-.-,. ..... 126 time and place for ming .... , .... 3o_
- _on aut-<i%obiles in gl) dag?). 126 V corporat?1 income tax .... - ........ -
. $¥¤¤»0¤ W6 »V· ¤¤¢¤1P °¤¤ ·--·-~--·-----·—···—--
—` 1926t - - ,,,, , ........ V ......... 126 net income defined ....... i ,....... 41 Title VIII, Stamp Taxes, inV30 days- <126 grow income detined ..., - .._...... 41 ~ Title X,,certain administrative pro— eductions allowed-; ............. 41 I visiepsw,-,,,.,., .......... --. 126 items not deductible,. ...... ; ...... 43
- ~_1gepea1ed xgtions of; in force for col- credits a1lowed--- --or.--, .......... · 43
Iwtfon of accrued taxes, etc .... 126 payment at source- -, ..... r ....... 43 Revenue Act of 19#6, V credit for taxes paid by ......... -- ` · · i YGNLTDB--;.:s.--.-·...i..:;».--i....-....Q..---.. TITLE L °ENm‘¥‘ °¥mm'n°N°* ‘‘‘‘'‘‘° 9 rs consolidated, of atliliated corpora.- title of Act ...... , ........ V .... ., .... 9 V tions--, .................... 46 meaning oftsrms; "person" ......... 9 time and placeforiiling- ...... ..-- 46 g VV "corporation;" "domestic;" "for- — ktax on insurance companieso ...... --- 47 _eign",....,,1 .... L ..... . ....... 9 life insurance; domestic; foreign.--- 47 " United States" ................ .., 9 grosadncome defined .... ,-..-o .... 47 "Secreta.ry"; " Commissioner"; "col· nat income defined; deductions . lector" ................ .» ..... 9 allowed ....... -------· ...... -- 47 “t4upayer" .....,.... , ........... 9 other than life or mutual; domestic; "mi1itsi-edor naval Vforoes of the · foreign ..... - ................ 48 Uni States" ............... 10 gross-income. defined ............. 49 "inc1udes"; "inc1uding" .......... 10 deget;in;com·e1;le¤°r(;ed------~ ........ ig · V uc rm w . ........ .. ...... Tm! H' ufcma TAX '°‘“‘°''’ 10 ., administrative provisions,- ,.,.. - .... 50 general provisions ,,... , ........ ---- 10 returns °by corporations of dividend meani? of terms, - -,,, ,,....., - ..,. 10 payments .,,..,,............. 50 ydivi ends; distribution ot corpora- by brokers ,,..,,..,........,,.,., 50 rltiou f>ro£tsbc8czistr1}ed·---,- -_H£.. 10 to°ir£>rma\ti;¤n atroriésroe. -..--;).3.- 50 8¤l¤>0!'.0¤¤i· 9 0 rmi K P0 ¤’ 1*00 $0 ‘¤· ¤* ., snount,,..... ..,. V,.; ......,,,.. 11 Emotion on order ofpthe Presi- recognltion of, from sales or •x- ent; certified copies to be fur- c.hsnges-;..,-V.; .......... - ,... - 12 nished; fee for- ,.,,.,......... 51 de letiou and depreciation alter inspection by Congressional com- , gebruary 28, 1913; before March · ~-; mittees in execut ve session; by 1 1913 ..,....,..,.. ,.- .... --- 14 agsntsof, ete.-,.· ........... 51 depletion otanines; oil and as State smears; shareholders of wells, ---,--.., ...,. _ ..... - .... 16 V corporationsmsiim ....... .. .... 51 inventories; use of, to determine in- list V.of income taxpgers to be come ...........,...., -·; . .,.. 16 kept in collectofs to cen.; ,,,.. 52 net losses; items comidered ss..;;.--- 17 1 v publication of statistics ..,,.. - ....... 52 computation of tax for iiscal years; for collection of foreign itemsm .......... 52 .;· calendar ears ,....... .· ...... 18 taxation of; citizens. of United States capital gains and losses, method of de— possessions; Virgin Islands ex- termlning-;,_,.,--,1 ,... V,- ..... 19 cepted......i.. ...... .4 ...... -n--- 52 tax leyiedpn ...,. ,., ,,.,..... .4...-.. 20 in Porto Rico; Phlllpxgc Islands---- 52 V earned income, term construed ,...,.., 20 gross income from ‘wnt ' the United cre<§t¤ allowed for, in income tax,- - 21 States possessions speclned- .... 53 _ rindivi ual income tag,. ., , , ,· ....,,.,.. 21 Viqisilslauds not included .,., - .... 53 normoi; nonresident aliens ,,.., ..,-.. 21 credit owed China Trade Act corpo- surtax; mines, oiland gas wells ..... 21 rations ,.... - ....... - ........ 53 _ net inoomedeiined, .,,..,...,., .,-- 23 V V time for K income taxes; by in- . ,· gross income ....... .. .... `-- 23 r V ,,.,. .. ........... L- 54 itsms not _ 1 .. ,..,...,. .4-.- 24 ‘ I examination of returns and determina- V nonresident aliens, ..g, - .....-.... 26 Vdon of tax ...,-....... 4 ....-- 55 ` deductions allowed, .. , ..,, ....-.. .-- .26 credit or refund of overpayments ..,. - - 55 items not deductible ,,.... ,..-,V .-.. 28 assessment and fdetermination of ded- credits allowed; [ami§v exemptions,- 29 — ciencies ,,,., .. ,,.......,,,..., 55 net income of nonresi ent aliens from additions to tax in case of deficiency ‘ o0¤!‘o08--».------ yne 1 ence,or rau ,.,..,., United States 30 b sig f d 57 deduction· items from without the in case of ahnquency .... - ........ 57 United Btates, , , 4 ...,,,...... 80 time limit for assessing and paying in- allocation of sources within and z come taxes ..,- 4 ............. 58 without the United States ..... 31 jeopardy assessments .....,.,..... 59 as members of partnerships .,..-... 32 transferred assets .-.. - ............ 61 estates and trusts ..,. V- --..,,...... 32 fiduoiariee- ...............-...-.- - 62 evasions of surtax bygincorporatiom- 34 bankruptcy and receiverships ,..... 62 payment of tax at source .....-.,.. 35 under prior Acts .......-.......... 63
