GAIN OR LOSS G Adjusted basis of property, § 113 (b). Basis established by Revenue Act of 1932, § 113 Basis established by Revenue Act of 1934, § 113 (a) Capital gains and losses on short sales, § 117 (g). Determination of amount of, § 111. Discharge of indebtedness, § 113 (b) (3). Exchanges and distributions under orders of S. E. Basis for, § 372. Non-recognition, § 371. Gift before January 1, 1921, § 113 (a) (4). Gifts after December 31, 1920, § 113 (a) (2). Installment sales, § 111 (d). Involuntary conversion, § 113 (a) (9). Property acquired as paid-in surplus, § 113 (a) (8). Property acquired by issuance of stock, § 113 (a) Property acquired by railroad corporation, § 113 Property acquired by shareholder in corporation, Property acquired by state, suburban, or inter- Property acquired during affiliation, § 113 (a) (11). Property received by corporation on complete Property transmitted at death, § 113 (a) (5). Assumption of liability not recognized, § 112 (k). Definition of party to a reorganization, § 112 (g) Definition of reorganization, § 112 (g) (1). Gain, § 112 (c), (d). Loss, § 112 (e). Exchanges solely in kind, § 112 (b). Exchanges and distributions under orders of S. E. C., § 112 (b) (8). Loss not recognized on certain railroad reor- Property held for productive use or investment, Property received by corporation on complete Stock for stock of same corporation, § 112 (b) GAIN OR LOSS-Cont. Recognition of-Cont. Exchanges solely in kind-Cont. Stock for stock on reorganization, § 112 (b) Transfer to corporation controlled by trans- Foreign corporations, § 112 (i). Involuntary conversions, § 112 (f). Substituted basis of property, § 113 (b) (2). Tax-free exchanges generally, § 113 (a) (6). Transfer in trust before January 1, 1921, § 113 (a) Transfers to corporation, § 113 (a) (7). Wash sales of stocks or securities, §§ 113 (a) (10), GENERAL TRADE OR BUSINESS EXPENSES Abatement claim, § 1014. Advance payment, § 1008 (c). Bankruptcy and receiverships, § 1015. Unpaid claims, § 1015 (b). Calendar year defined, § 1030 (a). Preceding calendar years defined, § 1001 (b). Credit against estate tax, § 813 (a) (1). Extent of deductions, § 1004 (c). Charitable, etc., gifts, § 1004 (b) (1)-(6). Charitable, etc., gifts, § 1004 (a) (2). GIFT TAX-Cont. Deficiency, § 1012. Examination of return, § 1010. Community property, § 1000 (d). Powers of appointment, § 1000 (c). Transfers in trust or otherwise, § 1000 (b). Deficiencies, §§ 1021, 1023 (b). Bankruptcy and receivership, § 1023 (b) (5). Time for payment extended, §§ 1020 (b), 1023 Tax shown on return Delinquency in payment, §§ 1020 (a) (1), 1023 Time for payment extended, § 1023 (a) (2). Laws made applicable, § 1028. Lien for tax, § 1009. Net gifts, § 1003. Exclusions from gifts, § 1003 (b). General definition, § 1003 (a). Notice of fiduciary relationship, § 1026. Fiduciary or donor, § 1026 (a). Fiduciary or transferee, § 1026 (b). GIFT TAX-Cont. Transfer for less than adequate and full considera- tion, & 1002. Transferees and fiduciaries Transferred assets, § 1025. Address for notice of liability, § 1025 (g). Fiduciaries, § 1025 (a) (2). Transferees, § 1025 (a) (1). Period of limitations for assessment against Period of limitations for assessment against Suits to restrain enforcement of liability of Transferee defined, § 1025 (f). GIFT TAX RETURNS Examination of, § 1010. General, §§ 1006, 1007. Publicity, 1031. Statute of limitations, § 1016 (b) (1). GIFTS After December 31, 1920, gain or loss, § 113 (a) (2). GOOD WILL Deductibility of expenditures for, § 23 (a) (1) (C). GOVERNMENTAL CONTRIBUTIONS See "Charitable, etc., Contributions.' Income for benefit of, taxable to, § 167. Citizens or residents of United States, § 810. Curtesy, § 811 (b). Decedent's interest, § 811 (a). Dower, § 811 (b). Estate in lieu of dower or curtesy, § 811 (b). Exemption, §§ 812 (a), 935 (c). Joint and community interests, § 811 (e). Joint interests, § 811 (e) (1). Optional valuation, § 811 (j). Date of existence of power, § 811 (f) (3). Descendant defined, § 811 (f) (2) (A). In general, § 811 (f) (1). Prior interests, § 811 (h). GROSS ESTATE-Cont. Proceeds of life insurance, § 811 (g). Receivable by other beneficiaries, § 811 (g) (2). § 811 (d) (4). Revocable transfers, § 811 (d). After June 22, 1936, § 811 (d) (1). Date of existence of power, § 811 (d) (3). On or prior to June 22, 1936, § 811 (d) (2). GROSS INCOME Alimony, § 22 (k). Commodity credit loans, § 123. Compensation, § 22 (a). Credits against tax not allowed, § 403. Decedents, § 126. Deductions from Advertising expenses, § 23 (a) (1). Alimony, § 23 (u). Allowance of taxes in general, § 23 (c) (1). Bad debts, § 23 (k). Business expenses, § 23 (a) (1). Capital losses, § 23 (g). Charitable, etc., contributions, § 23 (o). Charitable, etc., contributions by corporations, Compensation under deferred payment plan, § 23 Contributions by corporations, § 23 (q) (2). Contributions to employees' trust, § 23 (p). Depreciation, § 23 (1). Excess profits tax under Chapter 2 E, § 23 (c) (2). General trade or business expenses, § 23 (a) (1). Interest, § 23 (b). Interest to co-operative apartment corporation, Losses by corporations, § 23 (f). Medical expenses, § 23 (x). Non-business debts, § 23 (k) (4). Ordinary and necessary expenses, § 23 (a) (1). Securities becoming worthless, § 23 (k) (2). Securities of affiliated corporations, § 23 (k) (5). Taxes generally, § 23 (c). Taxes of shareholder paid by corporation, § 23 GROSS INCOME Cont. Deductions from-Cont. Taxes to co-operative apartment corporation, § 23 Trade or business expenses, § 23 (a) (1). Estates and trusts, § 161. In case of divorce, § 171 (a). Additional allowance for military and naval per- sonnel, 22 (b) (13). Annuities, § 22 (b) (2). Bad debts recovered, § 22 (b) (12). Bridges to be acquired by state or political sub- division, § 116 (e). Compensation for injuries or sickness, § 22 (b) (5). Compensation of employees of foreign governments or of the Philippines, § 116 (h). Certificate by Secretary of State, § 116 (h) (2). Delinquency amounts recovered, § 22 (b) (12). Dividend from China Trade Act Corporation, § 116 Earned income from sources without United Foreign resident for entire taxable year, § 116 Taxable year of change of residence to United Improvements by lessee on lessor's property, § 22 Income exempt under treaty, § 22 (b) (7). Income from discharge of indebtedness, § 22 (b) Income from discharge of indebtedness of railroad Income of foreign governments, § 116 (c). Life insurance, § 22 (b) (1). Ministers, rental value of dwelling house, § 22 Miscellaneous items, § 22 (b) (8). Prior taxes recovered, § 22 (b) (12). Ship owners' protection and indemnity associa- Tax-free interest, § 22 (b) (4). Teachers in Alaska and Hawaii, 8 116 (b). Foreign corporations, § 231 (c). Foreign personal holding companies, §§ 331 (a), Definition, § 334 (a). Ineligible taxpayers, § 404. Insurance companies other than life or mutual, § 204 Computation, § 206. Life insurance companies, § 201 (c) (1). Mutual insurance companies other than life or ma- Computation of highest bracket amount, § 752. Taxable years after exchange involving control, Taxable years after exchange not involving Taxable years under Sec. 112 (b) (5), § 752 Taxable years under Sec. 112 (b) (6), § 752 Highest bracket amount of transferor, § 752 (b). Taxable years after exchange involving control, Taxable years after exchange not involving Taxable years under Sec. 115 (b) (5), § 752 Control defined, § 750 (d). Exchange defined, § 750 (a). Exchanges of certain kinds, § 751. Borrowed capital, § 751 (b). Property paid in for stock, § 751 (a). Highest bracket amount defined, § 750 (e). HOLDING COMPANY SYSTEM Definition, § 373 (b). HORTICULTURAL ORGANIZATIONS Exempt from income tax, § 101 (1). HUSBAND AND WIFE Allocation in case of consolidated returns, § 141 (i). Computed for fractional year, § 47 (b). Exempt under treaty, § 22 (b) (7). Placed on annual basis, § 47 (c). INCOME FROM SOURCES WITHIN AND WITH- Gross income from sources within United States, Compensation for personal services, § 119 (a) (3). Interest, § 119 (a) (1). Rents and royalties, § 119 (a) (4). Sale of real property, § 119 (a) (5). Gross income from sources without United States, INCOME TAX Overlapping payroll periods, § 1622 (i). Recipient, tax paid by, § 1622 (d). Refunds or credits, § 1622 (f). Employees, § 1622 (f) (2). Employers, § 1622 (f) (1). Requirement of withholding, § 1622 (a). Wage bracket withholding, § 1622 (c). Withholding exemption, § 1622 (b). Withholding exemption certificate, § 1622 (h). (j). Dependent defined, § 1621 (k). Employee defined, § 1621 (c). Governmental depositaries for payment of taxes, Head of family defined, § 1621 (j). Married person claiming none of personal exemption Payment by governmental employer, § 1624. Additional penalty, § 1626 (b). Failure of employer to file return, § 1626 (c). |