Page:United States Statutes at Large Volume 40 Part 1.djvu/1087

 SIXTY-FIFTH CONGRESS. Sess. III. Ch. 18. 1919. 1069 (b) In_ the case of a nomesident alien individual the deductions Noxltgggyuims allowed in paragraphs (1), (4), (7), _(·$), (9), (10), and (12), and Deducsops ·>¤1s·,6¤ clause (e) o paragraph (3), of subdivision (a) shall be allowed only §e“§“f,._"“ ‘“ U°"°d if and to the extent that they are connected with income arising from a source within the United States; and the proper apportionment and APP°¤‘¤·>¤¤¤¤¤t· allocation of the deductions with respect to sources of income within and without the United States shall be determined under rules and regulations prescribed by the Commissioner with the approval of the Secretary. rrnms Nor nmnuorrrsru. 1t¤¤¤=¤¤¢¤¤<1¤¤¢11>1¤- Sec. 215. That in computing net income no deduction shall in any 0bi¢¢*¤¤1>¤=i¤·>¤· case be allowed in respect of- P t (a) Personal, living, or famil expenses; perm. H- (b) Any amount paid out for new buildings or for ermanent m§§'gE’°"’ ‘“""°"° improvements or betterments made to increase the valiie of any property or estate; Rem. exhausted (c) Any amount expended in restoring roperty or in making pmpmyiing gooél the exhaustion thereof for which an allowance is or has been ma e; or. . (d) Premiums paid on any life insurance licy covering the life ¤mI$igy ;igi of any officer or employee, or of any person igiiancially interested in b°“°°°°d‘ any trade or business carried on by the taxpayer, when the taxpayer is directly or indirectly a beneficiary under such policy. . onnnrrs ALLOWED. °'°‘m‘“"°"°d‘ Sec. 216. That for_the purpose of the normal tax only there shall mmm i be allowed the following credits: _ (a) The amount received as dividends from a corporation which is mm? °°"’°°m°° taxable under this title upon its net income, and amounts received as dividends from a personal service corporation out of earnings or profits upon which income tax has been imposed by Act of Con ess; mt t F d I (b) The amount received as interest upon obligations oi? the seer¤§i§,e°iK ° m United States and bonds issued by the War Finance Corporation, which is included in gross income under section 213; P do (c) In the case of a single person, a personal exemption of $1,000, °”°°°I°x°mp °S‘ or in the case of the head of a family or a married person living with husband or wife, a personal exemption of $2,000. A husband and ..,lii?u”., '°' h‘”°°°" wife living together shall receive but one personal exemption of $2,000 against their aggregate net income· and in case they make separate returns, the personal exemption of $2,000 may be taken by either or divided between them; An In d (d) $200 for each person (other than husband or wife) dependent penagniiiiw r l° upon and receiving his chief support from the taxpayer, if such de endent person is under eighteen years of age_or is incapable of selif)—su iport because mentally or physically defective. N d 1_ (8) ln the case of a nonresident alien individual who is a citizen i·$1:xiii¤iiii;iis or subject of a country which imposes an income tax, the credits ’°°*¤°‘°d· allowed in subdivisions (c) and (d) shall be allowed only if such country allows a similar credit to citizens of the United States not residing in such country. · Normnsrnmrr A1,rm<s—.urr.owA;vcn or DEDUCTIONS AND cnnnrrs. N°°'°*id°°’°““"‘· Sec. 217. That a nonresident alien individual shall receive the ,mR°‘“'“ ,.,'°§§§'f, benefit of the deductions and credits allowed in this title only by soiiiwmd filing or causing to be Bled with the collector a true and accurate return of his total income received from all sources co orate or otherwise in the United States, in the manner prescribdg by this title, including therein all the information which the Commissioner