TABLE OF CONTENTS TITLE I-INCOME TAX SUBTITLE A-INTRODUCTORY PROVISIONS See . 1 . Application of title. See . 2. Cross references . See . 3 . Classification of provisions . See . 4 . Special classes of taxpayers . SUBT ITLE B-GE NERAL PRO VISI ONS PART I-RATES OF TAX Sec. 11 . Normal tax on individuals . See. 12 . Surtax on individuals . See. 13 . Tax on corporations . Sec. 14 . Taxable period embracing years with different laws . PART II-COMPUTATION OF NET INCOME See.21. Net income. See . 22 . Gross income . See . 23. Deductions from gross income . See . 24. Items not deductible. See . 25. Credits of individual against net income . S ee . 26, C redits of cor poratio n again st net income . PAR T III-CR EDITs AG AINST TA X See. 31. Earned income credit . See. 32. Taxes of foreign countries and possessions of United States . See . 33. Taxes withheld at source . See. 34. Erroneous payments. PART IV-ACCOUNTING PERIODS AND METHODS OF AccoUNTIN G See. 41. General rule. See. 42. Period in which items of gross income included . See . 43. Period for which deductions and credits taken . See. 44 . Installment basis . See . 45. Allocation of income and deductions . See. 46 . Change of accounting period . See. 47 . Returns for a period of less than twelve months . See. 48 . Definitions . PART V-RE TURNS AND PAYMENT OF TAx See. 51. Individual returns . See. 52 . Corporation returns . Sec. 53 . Time and place for filing returns . Se e . 54 . Records and special returns . Sec. 55 . Publicity of returns . See. 56 . Payment of tax. Se e . 57 . Examination of return and determination of tax . Sec. 58 . Additions to tax and penalties. See. 59 . Administrative proceedings. PART VI-MISCELLANEOUS PROVISIONS Sec. 61 . Laws made applicable . Sec . 62. Rules and regulations . Sec. 63 . Taxes in lieu of taxes under 1926 Act . Sec. 64 . Short title . Sec. 65 . Effective date of title . Table of contents. Income Tax, p . 795 . Introductory provi- sions, p. 795. General provisions, p.795. Ratesoftax, p. 795. Net income co m- puted,p. 797. Credits against tax, p.804. Accounting, p . 805 . Returns and pay. ment, p . 807. Miscellaneous provi- sions, p. 810 . Effective date, p.811. SEVENTIETH CONGRESS . SEss . I. CH. 852 . 1928 . 791 CHAP. 852 .-An Act To re duce and equal ize t axat ion, provi de r evenu e, an d for other purposes . Be it enacted by the Senate and House o f Representatives o f t/i .e United States of America in Congress assembled, That this Act, divided into titles and sections according to the following Table of Conte nts, may be cite d as the " Revenue Act of 1928 ": May 29, 1928. [H. R.I.) [Public, No. 562.] Revenue Act of 1929.
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