Page:United States Statutes at Large Volume 65.djvu/488

 454

PUBLIC LAW 183—OCT. 20, 1951

[65 STAT.

TABLE OF CONTENTS—Contlnned Post, p. 497.

TITLE III—MISCEX^LANEOUS INCOME TAX AMENDMENTS—Ck>ntintied

See. 319. Percentage depletion, (a) Allowance of percentage depletion. (b) Technical amendment (c) Effective date. Sec. 320. Redemption of stock to pay death taxes. (a) Amendment of section 115(g)(3). (b) Effective date. Sec. 321. Earned income from sources without the United States. (a) Exclusion from gross income. (b) Withholding of tax on wages. (c) Effective dates. Sec. 322. Capital gains and losses. (a) Treatment of long-term capital gains and losses. (b) Alternative tax. (c) Technical amendments. (d) Effective date. Sec. 323. Sale of land with unharvested crop. (a) Treatment of gain or loss. (b) Treatment of deductions. (c) Effective date. Sec. 324. Sales of livestock. Sec. 325. Tax treatment of coal royalties. (a) Definition of property used in the trade or business. (b) Gain or loss upon certain disposals of timber or coal. (c) Clerical amendment. (d) Technical amendment. (e) Conforming amendments. (f) Effective date. Sec. 326. Collapsible corporations. (a) Definitions with respect to collapsible corporations. (b) Limitations on application of section 117(m). (c) Effective date. Sec. 327. Dealers in securities—capital gains and ordinary losses. Sec. 328. Treatment of gain on sales of certain property between spouses and between an individual and a controlled corporation. (a) Disallowance of capital gain treatment. (b) Effective date. Sec. 329. Receipts of certain termination payments by employee. (a) Taxability to employee as capital gain. (b) Effective date. Sec. 330. Net operating loss carry-over. (a) Loss for taxable year beginning before 1948. (b) Allowance of three-year loss carry-over from taxable years 1948-1949. (c) Effective date. Sec. 331. Stock options. (a) Option subject to stockholder approval. (b) Effective date. Sec. 332. Credit for taxes of foreign corjwrations. (a) Foreign subsidiary of a domestic corporation. (b) Foreign subsidiary of a foreign corporation. (c) Clerical amendment. Sec. 333. Information at source on imyments of interest. Sec. 334. Abatement of income tax for certain members of armed forces upon death. Sec. 335. Employees' trusts. (a) Amendment of section 165(b). (b) Effective date. Sec. 336. Life insurance companies. (a) Tax for 1951. (b) Adjusted normal-tax net income for 1951. (e) Technical amendments. (d) Effective date. Sec. 337. Tax treatment of certain investment companies. (a) Inclusion of certain registered management companies in the definition of regulated investment company. (b) Technical amendment. (c) Effective date.

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