Page:United States Statutes at Large Volume 40 Part 1.djvu/1497

 cxxv1 INDEX. Income Tax Amendvmnts, 1917-Continued. hse Income Tax Amendments; 1917-Continued. P¤£¤· returns, etc.; withholdigg tax by corpora- returns to  made of mterest on bonds of tions, etc., repeal. . . . . 1 . . 332 COTPQTBUODS, etc., 1’§¤1jdless of amount 337 deduction of normal tax at source of rncome collections of foreign vrdends, etc. 337 of nonresident aliens. - .,.. . 332 11211198 Mid 8ddI'6SS® Ou demand ..,, 337 dividends, etc., not included. 332 _ applicable to 1917, and thereafter ... 337 indemnity for- paying, etc ,,,,,..,.,.. 332 rncome returns  be credited with excess on interest on bonds of corporations, etc., _ profits tax imposed 337 agreeing to pe. tax, etc. . .. 332 income of fore1gn§overnments from United unless notice og, claimed exemption States bon s not taxable .. , ,,__, 337 med with withholding agent, etc... 333 dividends as used herein to mean all dis. licenses uired for collecting oreign div- tr1butions_ by corporations out of idlsiks, coupons, etc. .. 333 earmngs since March 1, 1913 ,.,,,.. 337 regulations to obtain information, etc. .. 333 stock (lll/'1 ends mcluded as income ,,,,, 338 punishment for acting without .. 333 distributions to shareholders, etc., in 1917 personal returns of other incomes . 333 and subsequent years considered as no taxable liability released 333 mcome of year received  338 ownershi determmed . . : ... Z . . 333   at rate of year earned. ... 338 payment ol) tax at source restricted to m- eammgs prior to March 1, 1913, not taxcomes of nonresident aliens  333 able; ··-... - ... 338 other withholding repealed .. . .. 333 not applicable to distributions prior to normal tax levied on net income of domes- August 6, 1917 338 tie rations, etc ... .. . - . 333 premium on life insurance of employees partnecgrshrgops excepted- .. 333 llltefested in business not deducted on foreign corporations, etc., from United from mcome thereof 338 States sources ,,. .. 333 amounts withheld at source from income dividends included. _ . . 334 of individual citizens to be released, additional tax on undistributed net m- etq -.·.. . . 338 coms __,...,,,,,. . 334 exception .. ,, . . 338 not applicable, if used for business re- entire tax to be collected from indiqmrements, etc. .. 334 vrdual: ... 338 surtax ii retamed and not so used. 334 Inomrw_@'m:, Talk H, Revenue Act of 1918, applicable to each taxable year. . 334 deiimtnon of terms used; taxable year; deductions allowed domestic corporations; iisusl year. ... 1058 interest paid on indebtedness .. 334 Eduwg withholding agent .. 1058 exceptions; limitations .. 334 perso service corporations 1059 preferred stock not included. 334 excluding foreign corporations, war shares without nominal value con- _ _ contracts businem, etc .. 1059 strued 334 <l1V1€l€D¢lB, corporation distributions from indebtedness secured by collateral lim- earnings, etc .. 1059 itation. 334 for 1918, and hereafter ... 1059 not allowed for bonds guaranteed free stock, etc.; for 1918. 1059 from tax. .. 335 _ period of earnings determined ,.. 1059 interest on bank deposits .. 335 gain or lop on sales, etc. of progeny acgeneral taxes, except income and ex- quired before March 1, 91, at marcess pronto. ... 335 _ ket price. . . .. 1060 foreign corporations from revenues in smce, at cost or inventory value ... . 1060 nited States. 335 exchange of progeny; equivalent .. 1060 proportion of interest paid on debts; _ by reorgamza on, etc. . . 1060 exceptions and limitations. 335 inventories to determine income, authorno allowance for bonds guaranteed free 1zed;_ basis 1060 _ from tax. .. 335 net losses, m regular business operations. 1060 interest on bank deposits. ... 335 on sales of plants, etc., for war activities general taxes, except income and ex- production. . . 1060 cess prontsz ... . ... 335 in taxable year 1919; redetermination, · Yetums of tax paid at source of income of etc ... 1061 foreign corporations, etc ... 335 of partners, beneficiaries of estates and penalty for no returns, refusing informa.- trusts. . .. 1061 _ tron, etc .. 336 computation of tax for fiscal years at difpumshment for fraudulent returns, state- ferent rates 1061 ments, etc .. . . - 336 credits or refunds of excem payments 1061 tax pud by puty not to be re-collected for partnerships; personal service corfrom withholding agent 336 porations .. 1061 no penalty for not makingreturns unless when subject to diderent rates for parts for fraudulent evasion .,,.. 336 of calendar year .,,... - ..,..______ 1062 corporations, etc., to make sworn returns normal rates on net income of individuals of all dividend payments. ..,.. 336 for 1918 ,,.,. .,.,, 1062 names of stockholders, etc., included 336 upon first$4,0000fcitizens orresidents. 1062 exchange brokers to make sworn returns subsequent years ...,,. ..,.,,_____ _ _ _ _ 1062 of customers ... 336 upon first $4,000 of citizens or residents 1062 details of profits, losses, etc. . .. 336 sm-tax in addition; rates .,...,,__,, 1062 returns to be made by all persons paying fromsalesofmines, etc., limited .. 1064 fixed sums of  or more to others. 337 net income defined; basis of computing for by United States officials ,, - ..,. 337 assessing tax ..,,...,,. . 1064 details to be set forth .. 337 gms income; sources included _,,_,______ 1065