684 INCOME TAX . Cross refe renc es . Classification of pro- visions. Designations . Special classes of tax- payers. Application of gener- al provision s and of supplements . Estates and trusts, p.727. Partnerships, p . 730. Insurancecompanies, p.731. Nonresident aliens, p. 735. F oreig n co rpora tions , p. 737. Citizens of posses- s ions of U nited Stat es, p. 738. Ci tizens deri ving large portion of income f rom U .S . possessions, p. 738. China Trade Act corporations, p . 739 . GENERAL PR O- VISIONS . TAX RATES . No rmal tax on in- dividuals . R ates upon net in- come . Post, p . 692. S urtax on indi vid- uals . Definition . Rates . 73d C ONGRESS . SESS. II. CH. 277. MAY 10, 1934 . SEC. 2. CROSS REFERENCES . The cross references in this title to other portions of the title, where the word "see" is used, are made only for convenience, and shall be given no legal effect . SEC. 3. CLASSIFICATION OF PROVISIONS . The provisions of this title are herein classified and designated as- Subtitle A-Introductory provisions, Subtitle B-General provisions, divided into Parts and sections, Sub title C-S upple menta l pr ovisi ons, divi ded i nto S upple ment s and sections . SEC. 4. SPECIAL CLASSES OF TAXPAYERS . The application of the General Provisions and of Supplements A to D, inclusive, to each of the following special classes of taxpayers, shall be subject to the exceptions and additional provisions found in the Supplement applicable to such class, as follows (a) Estates and trusts and the beneficiaries thereof,-Supple- ment E. (b) Members of partnerships,-Supplement F . (c) Insu ranc e co mpan ies ,-Su pple ment G . (d) Nonresident alien individuals,-Supplement H . (e) Foreign corporations,-Supplement I . (f) Individual citizens of any possession of the United States who are not otherwise citizens of the United States and who are not residents of the United States,-Supplement J . (g) Ind ividua l citi zens o f the United States or do mestic corpo ra- tions, satisfying the conditions of section 251 by reason of deriving a large portion of their gross income from sources within a possession of the United States,-Supplement J . (h) China Trade Act corporations,-Supplement K . SU BTI TLE B-GENERAL PRO VIS ION S Pa rt I-Rates of Tax SEC. 11 . NORMAL TAX ON INDI VIDUA LS. There shall be levied, collected, and paid for each taxable year upon the net income of every individual a normal tax of 4 per centum of the amount of the net income in excess of the credits against net income provided in section 25 . SEC. 12. SU RTAX ON INDI VIDUAL S . (a) DEFINITION OF" SURTAX NET INCOME " .-As used in this sec- tion the term "surtax net income" means the amount of the net income in excess of the credits against net income provided in section 25 (b) . (b) RATES OF SURTAX.-There shall be levied, collected, and paid for each taxable year upon the surtax net income of every individual a surtax as follows Upon a surtax net income of $4,000 there shall be no surtax
upon surtax net incomes in excess of $4,000 and not in excess of $6,000, 4 per centum of such excess . $80 upon surtax net incomes of $6,000 ; and upon surtax net incom es in exc ess of $6 ,000 and not in ex cess of $8,000, 5 per cent um in addition of such excess . $180 upon surtax net incomes of $8,000 ; and upon surtax net incomes in excess of $8 .000 and not in excess of $10,000 . 6 per centum in addition of such excess .
