Page:United States Statutes at Large Volume 44 Part 3.djvu/1388

 2800 mnnx. Income Tax, Title II, Revenue Act of 1926- PIN Income Tax, Title II, Revenue Act of 1926-- Psss. Continued. Continued. r · deductions in computing net income; income of nonresident aliens, etc.; sales business expenses, including · ofmeal property in United States 30 traveling, etc ......... - .... r--- 26 deductions from foregoing to con- interest on debts. .... .- - - ......... 26 stitute net income ........ .- - - - 30 taxes; classes and exceptions specified 26 items treated as from sources with- business losses ..... - ......... _- 26 s out thm United States; other losses not connected with the busr- interest-- ...... ; ......._ 30 ness; nonresident aliens .... - - - - 26 dividends from other than United sales of stock, etc., afi similar prop- States corporations.-- --». - - -- - - 31 melréty z;cquire:,°;axcepted, etc--il; 26 personal ·  · without — the cas y osses connected .wr - nrted, -..--. .... -.-- ..... 31 business and not compensated ren royalties etc. .fr m by r¤sdr¤¤¤e,· ew--_ ......i.... 27 sighstmuz the Urirwd scgrzgsp; 31 basis for determining deduction-.- 1. . 27 snlesof real prqnertyi without the worthlelsts debts; if recoverable iu 27 dguited States; - .. ..=. z. -`- -L -2- 4 - - 31 pl .... J--;2L.-&---J ..... I I I §p6D866· l$0.··- ·“ alloaganee for exhaustion, reto., of 27  defmedu netidcgrcbrlnie · usrnessprope y ..... 2; ... .... · rom. rtbei ` totes-. 31 life tenant and nemainderrnan. of apportionmentmsaf itemsmwithin and -real propertyd; - - - - - -~ ...c ·- .... 27 ~ without the United States ..... 31 depletion, etc. coll mines, oil- and from sources allocated to United gaswel1s,tid1bor;etc ..... - 27 f States .... -Hi.--‘ ...... --- 31 gifts to public and-charitable orpni- mm-P¤¥tl_ W] 11 nndpvrtly with- zations, etc;; educational re- ¤¤* $]1¤{]¤1t¢d $@**8 - 31 _ gugailitatgcén fggg War Veterans, 27 dégulilgluatlon of Umted~ States in- 31 ‘ o gee e‘.·   --1 .... ¤ · —-··~· ` --—-·-·-- - -—~——-·- by nssrédderiz sirens liniimd ..... 28 gems i from zrddsgbrratiod, etc., reserve frbm real estate sales for part] within an partly without futuneespense underroontrsct- - 28 the ignited States- - -, ......... 31 of nfynglélent ‘·aliens;‘ onlfi as to 28 sales of  groperty pur- ni State, s sources o ncome- chased 'n an sold` ith t eitgiergs from sodnaces ·ln United 28 ovriupirrlrchased without agd sglld 3 , a  ,_   .4-;; ........ _ _ ---` ........ I---;;-¢ .... 1 no deductions allowed in computing not P'°“¤‘°¤¤ M *° P°W?§¤i°”8 0f tht? income; for lpersqnal, etc., ex- _ U¤it¢d Sum- -.-_-~- - — - — - —---— 31 mum _____ g _ _ g; _ _ _ V _______ · _ _ gg interchangeable meaning of words--- 32 new buildings, permanent ' improve-. returnsto be died of all income from ments, etc- - - --,.---.,- .... 28 `United States sources ....... 32 ’°“‘°£}i"‘ °""*‘““**"*“"°*°"*°’ "'°‘* 28 "°§r”r°.,.‘i*§*v¤$¥r°€.i‘I%$2‘rd°?“‘“t'”%"*’° 32 _ y .... .--- ,.-;-_--..--- -....... I n agen -... V payments for liflritneursuco on cm- ‘ partnerships- tax levied orgy on indi- ~ ‘ ployees, etc,,_ or benefit of tax- viduais constituting .-..... ..--- 32 . p“Y°" --—·· .v··=-··-rr-+-#1 ····· 28 computation of  of net in- ¤¤¤<>¤¤¤_ fry; 1;%; i¤;¢r¤¤t» ¢¤¤·» ¤¤~ 29 com- .......-.... . .... — -,- 32 QWW Y, Q °--i —-~- -- - dits fr m partnerships exem i` credits allowed for ¤•<;rmsl tax;_tax paid cm etc- 1 r-·---..--;. ......  fl.: 32 dividends fromrdomcstnc oorpo- computstionof not income; gifts, etc., f rations, etc-.? --- Y. .-.6.-Eéa 29 not deducted.; ..--..- - --.-.-- - 32 °’°*8“ °°"P°”· wm: mm lu estates snd·trusts;`property subject to . States souroqs --.- --- .....-... 29 V ‘ . ,m,m,· ·· · intereston Federalfsecurities .-..--. 29 accugznlggggfgu trust, {gg Riggxgcjfsi 32 personal exemption of $l,500· if a tributionu; ____ L __, ________ 4 ____ 32 ss?E”`o5lir'i°s'Z$°6r'§°r;idi;£ZZ§I2iZ 33 P*=*i°d‘°¤'. d*°*'”°9“°’*·  ““°’°¥‘ . . r . U il I general direction- .....-..... -- 32 °'d£;$°§&1)6:$2gtL“°h` fm ’ _" 29 received durinsg adniinistration--- - - - 32 ` f·=¤=<>¤~=*¤··¤* ·¤i¤?=?·??¤??=?€i»?*?>l>? 29 £ZZ“$§2§?d2’c¤?;‘°$?€L%‘;;‘;a;‘;.;d2 32 ‘“§§;‘}_ _i’{‘__i"_‘°“*° ______ ‘jf__‘°““_ _ _§*j’ 29 .dbw..m` E6}-`§r}£é,`é%£Q`§&rEi3L% i¤¤·~·¤*·*¢¤*’··°*¤ ·—---·---·--- 3° n‘§l1’?§Y2¤°“a;rr;saa"re*2.;;,:,;.; 33 income of nonresident aliens etc ...... 30 - · 4 c · - · · . _ items of gross incomes deemed from c ·g;;;:`g:$°° t° b°n¢E°m’n°°’ N 33 United States sources; interest _ _ - ‘‘°‘ T ‘‘‘‘‘ 7 ‘‘‘'‘‘‘‘‘ ed bends, 6tC.;·0ffO8ld8D(i00l'[)0- dwcrstwpsry r>¤c=r¤¤¤ts to ~b¤¤<=¤- 3 rations, etc.; exceptions- - - ...- 30, °¥¤¤€¤ €°d¤°*9¤I- - ——-- »- —--·—·— 3 dividends from dbmbasb ebrpm- mciusisd ¤¤ mtr w¤¤¤¤¤ sf bm- 3 tiouo, oto, ; from foreign corpora- BGWYY - — — -— - -····-— j j · -b·· — 3 » tions from United Stetessources- 30 normal tax credit allowed; additional, personal services in United States- 30 1 lf income not used for paving rentals, rogalties, etc., from prop- ~benoiiciary’s. proportional share erty in nited States ...---.... 30 of credits allowed---, .---. 33
 * status of taxpayer--- ..--., .-.... 29 viduhls P ·· · · * · . 33

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