Page:United States Statutes at Large Volume 45 Part 2.djvu/1520

 3174 Income Tax, Tit~ 1, Revenue Ad oj 19$8- Continued. property other than stock; property acquired by involuntary con- vendon _____________________ _ wash sales of property acquired for stock disposed of, on which no loss allowed _________________ _ property acquired during affiliation; period of affiliation determined __ basis in 1929 and subsequent years _______________________ _ gain or loss on property acquired before March 1,1913_______________ _ based on cost or fair market value; which ever is greater _________ _ basis for depreciation same as for gain or loss on same ______________ _ depletion loss same as for sale, etc _________________________ _ mines discovered after February 28, 1913, former market value __ maximum loss; minerals included_ oil and gas wells allowed; maxi- mum _______________________ _ distribution by corporations _________ _ dividend means distribution out of earnings, etc., accumulated since February 28, 1913 ___________ _ sources of; accumulations, etc., before March 1, 1913, free of tax ________________________ _ distribution in liquidation, a payment for stock.. ___________________ _ determination of gain or loss; partial distribution _________________ _ other distributions not from increase of value nor out of earnin~s ___ _ from depletion reserves of nunes __ distributions by personal service cor- porations, exempt from tax____ _ stock dividends not subject to tax____ _ proceeds of redemption of stock, tax- able dividends _______________ _ cancellation of stock after January 1, 1926 ________ ! ______________ _ definition of partialliquidation ______ _ exclusion ftom gross income _________ _ additional items exempt from taxation_ earned income of nonresident citizens, from sources outside United States ______________________ _ teachers in Alaska and Hawaii; Fed- eral compensation excepted ___ _ income of foreign Governments from investments in the United States_ income of States from public utilities_ if under prior contracts for opera. - tion thereof. ________________ _ tax levied on proceeds prior to divi- sion of State, etc ____________ _ refund to State, etc ____________ _ if no J?art accruing to State, etc., net Income of persons taxable__ _ bridges to be acquired by State, etc __ tax o?- . operation proceeds prior to dlVlslOn ____________________ _ refund to State, etc.; restriction __ if no part accruing to State, etc., net income from operation taxable __ dividends of Chinese residents from China Trade corporations _____ _ receipts of ship owners mutual asso- ciations, etc _________________ _ net losses, determinatioIL ___________ _ INDEX. Pap. Income Tax, Title 1, Revenue Act oj 1988- Pap. Continued. net losses; limitation on deductions ___ 825 losses not connected with business___ 825 820 capital losses ___________________ 825 depletion ______________________ 825 corporation dividendI! ___________ 825 820 interest free from tax____________ 825 net loss for prior year not allowed_ 825 820 amount of, in computing income for next taxable year _____________ 825 821 allowed, if existing in net income for succeeding year ___________ 825 821 application for capital loss sustained 821 !n second year; if existing in net 825 Income ______________________ for c;tital gain __ - _____ - ________ 825 821 for thi year_____________________ 825 application for loss for 1926-1927 ___ 825 821 if fiscal year differs from calendar year_________________________ 825 821 proportion for different rates _____ 825 821 loss on sales of stock or securities re- stricted if similar property ac- 821 quired _______________________ 826 822 by corporation____________________ 826 if acquisition only in fart- __ - ______ 826 gross income from Unite States sources_ 826 822 interest on bonds of residents _______ 826 exceptions; paid persons not in bus- iness in United States _________ 826 322 if less than twenty per cent acquired from United States sources ____ 826 822 from foreign bank acceptances____ 827 822 dividends from domestic corpora. - tions; exceptions______________ from foreign corporations; excep- 827 822 tions ________________________ 827 322 deductions to constitute net income from United States sources_____ 827 822 gross incomes from sources without the 822 United States; other interest. __ 827 other dividends ___________________ 827 822 for labor, etc., without the United States _______________________ 827 823 for rentals, etc., without the United 823 States _______________________ 827 823 from realty sales without the United 823 States _______________________ 827 net income from sources without the 823 United States; determination of __________________________ 828 823 income f.rom partly wi.thin and tartly 828 WIthout; apportIOnment 0 _____ transportation and other services ___ 828 823 sales of property__________________ 828 823 purchase and sale of personal prop- erty; exceptions ______________ 828 823 synonr,mous meaning of words used ___ 828 unliIDlted deductions for charitable, 823 etc., contributions if exceeding 823 ninety per cent of net income __ 828 credit for income, etc., taxes paid by 824 citizens to oreign countries, etc_ 829 824 by re~ident to United States posses- slons ________________________ 829 824 alien residents to foreign countries 824 allowing siInilar credits ________ 829 824 partn~rs or trus~ beneficiaries to for- elgn countnes ________________ 829 exceptions and limitations__________ 829 824 redetermination if tax paid differ from credit claimed ________________ 829 324 if accrued and not paid; bond re- 825 quired_______________________ 829

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