SALE

Basis for gain or loss, § 113.
Capital gain or loss, § 117.
Definition, § 119 (f).

Installment obligations, § 44 (d).
Oil or gas properties, § 105.

Property in case of distraint, § 3692, 3701.

Property to pay estate taxes, § 826 (a).
Wash, § 118.

SALE OF ARTICLES

Unjust enrichment tax, § 700 (a).

SCIENTIFIC CONTRIBUTIONS

See "Charitable, etc., Contributions," § 23 (o).

SCIENTIFIC ORGANIZATIONS

Exempt from income tax, § 101 (6).

SEARCH WARRANTS

Information and returns, § 3602.

SECRETARY

Definition, § 3797 (a) (11).

SECTION 102 NET INCOME
Definition, § 102 (d) (1).

SECURITIES

See "Worthless."

Capital gain or loss, § 117.

Convertible, foreign personal holding company, § 333
(b).

Deductibility, § 23 (k) (2).

Definition, when capital loss involved, § 23 (g) (3).
Dividends paid with, § 115 (j).
Tax-free exchanges, § 112 (b).
Wash sales of, § 118.

SECURITIES AND EXCHANGE COMMISSION

See "Exchanges and Distributions Under Orders
of S. E. C."

Exchanges made under orders of, § 112 (b) (8).
Property acquired under order of, § 113 (a) (17).

SEIZURE OF PROPERTY

See Distraint"; "War Losses.''

Penalty for disclosing information on corporation
income tax returns, § 55 (f) (3).

Personal holding companies, § 503.

Personal service corporation

Income taxed to, §§ 391, 394.

Tax paid by corporation, § 396.

Regulated investment companies, § 362 (b).

Sales between, and corporation, § 24 (b).
Taxes paid by corporation, § 23 (d).

SHIFT OF BURDEN OF PROOF

Unjust enrichment tax, § 700 (e).
Computation of extent of, § 700 (e).
Margin per unit, § 700 (e) (2).
Cost, definition, § 700 (f) (2).
Limitation on amount of, § 700 (e) (3).
Margin, definition, § 700 (f) (1).

Presumption as to, § 700 (e).

Rebuttal, § 700 (i).

Presumption as to order of articles sold, § 700 (g).
Selling price, definition, § 700 (f) (3).

SHIPOWNERS' PROTECTION AND INDEMNITY

Bridges to be acquired by, § 116 (e).
Contributions to

Estate tax, §§ 812 (d), 861 (a) (3).
Gift tax, §§ 1004 (a) (2), 1004 (b).
Income tax, § 23 (o).
Definition, § 3797 (a) (10).

Income of, § 116 (d).

STATE BODIES OR COMMISSIONS

Inspection of income tax returns, § 55 (b) (2).
STATE ELECTRIC RAILWAY CORPORATION
Property acquired by, § 113 (a) (21).

STATE EMPLOYEES AND OFFICERS
Penalty for disclosing information on income tax re-
turns, § 55 (f) (2).

Right to inspection of income tax returns, § 55 (b)
(1).

Exceptions in case of waivers, § 322 (b) (3).
Limit on amount, § 322 (b) (2).

Period of limitation, § 322 (b) (1).

Return considered filed on due date, § 322 (d)
(4).

Special period with respect to

Bad debts, § 322 (b) (5).

Worthless securities, § 322 (b) (5).

Suits by taxpayer for refund, § 3772 (a).
Claim, § 3772 (a) (1).

Protest or duress, § 3772 (b).

Reconsideration after mailing of notice, § 3772
(a) (3).

Suits against collector bar in other suits, § 3772

Assessment and collection

STAY

Assessment, § 874 (a).

Collection after assessment, § 874 (b) (2).

False return, § 874 (b) (1).

Fiduciaries, § 900 (c).

General rule, § 874 (a).

No return filed, § 874 (b) (1).

Suspension of running of statute, § 875.

Transferees, § 900 (c).

Refunds, § 910.

Assessment and collection of estate taxes
Bond in jeopardy assessment, § 872 (f).

Pending petition to Board, § 871 (a) (1).
Waiver, § 871 (d).

Assessment and collection of gift taxes

Bond in jeopardy assessment, § 1013 (f), (g).
Pending petition to Board, § 1012 (a) (1).
Waiver, § 1013 (h).

1236

STAY-Cont.

Assessment and collection of income taxes

Bond in jeopardy assessments, § 273 (f).
Pending appeal to Board, §§ 272 (a) (1), 277.
Personal holding company, § 506 (e) (2).
Waiver, §§ 272 (d), 276 (b).

§ 742 (h).

General rule, § 742 (h) (1).

Limitation where taxable years end after

May 31, 1940, § 742 (h) (2).

Net capital changes, § 743.

Taxpayer using Supplement A, § 743 (a).
Where acquiring corporation is component
of taxpayer, 743 (b).

Component corporation, definition, § 740 (b).
Average base period net income, § 740 (e).
Component corporation of component corpora-
tion, 740 (g).

Excess profits credit, § 740 (c).
Supplement A net income, § 740 (c).

SUPPLEMENT P NET INCOME

SUPPLEMENT S NET INCOME

Definition, § 393.

Personal service corporations, § 391.

SUPPLEMENT T TAXPAYERS

Incomes of $3,000 or less, § 400.

SUPPORT OF DEPENDENTS

Deductibility from gross estate, § 812 (b) (5).

SURPLUS

See "Improper Accumulation of Surplus."
Invested capital, § 718.

Paid in

Basis, § 113 (a) (8).

Invested capital, § 718.

SURTAX

Corporations, § 15 (a).

Corporations accumulating surplus, § 102.

Definition of "surtax net income" on individuals,

§ 12 (a).

Personal holding companies, § 500.

Rates on corporations, § 15 (b).

Rates on individuals, § 12 (b).

SUSPENSION OF STATUTE OF LIMITATIONS

Assessment and collection of estate tax

Jeopardy assessment, by bond, § 872 (f).
Pending appeal to Board, §§ 871 (a) (1), 874 (a).
Waiver, § 871 (d).

Assessment and collection of gift taxes

Jeopardy assessment by bond, § 1013 (f), (g).
Pending appeal to Board, § 1012 (a) (1).
Waiver, § 1013 (h).

Assessment and collection of income taxes

Jeopardy assessment by bond, § 273 (f).
Pending appeal to Board, §§ 272 (a) (1), 277.
Waiver, §§ 272 (d), 276 (b).

T

TAKING EFFECT AT DEATH TRANSFERS

Gross estate, § 811 (c).

TAX ADJUSTMENT

Definition, § 700 (j) (4).

TAX COURT OF THE UNITED STATES

Bankruptcy and receiverships, § 274

Immediate assessments, § 274 (a) (1).
Unpaid claims, § 274 (b).

Change in name of Board to, § 1100.
Court review of Tax Court's decisions

Bond to stay assessment and collection, § 1145.
Change of commissioner, § 1143.
Courts of review, § 1141.
Jurisdiction, § 1141 (a).
Powers, 1141 (c).

To affirm, modify, or reverse, § 1141 (c) (1).
To impose damages, § 1141 (c) (4).
To make rules, § 1141 (c) (2).
To require additional security, § 1141 (c) (3).
Venue, § 1141 (b).

Agreement of parties, § 1141 (b) (2).
Application of subsection, § 1141 (b) (3).
In general, § 1141 (b) (1), § 1141 (b) (2).

TAX COURT OF THE UNITED STATES-Cont.
Court review of Tax Court's decisions-Cont.
Date when decision becomes final, § 1140.
Circuit Court of Appeals defined, § 1140 (e) (1).
Decision affirmed or petition for review dis-
missed, § 1140 (b).

After mandate of Supreme Court, § 1140 (b)
(3).

Petition for certiorari denied, § 1140 (b) (2).
Petition for certiorari not filed on time,
§ 1140 (b) (1).

Decision modified or reversed, § 1140 (c).
Upon mandate of Circuit Court of Appeals,
§ 1140 (c) (2).

Upon mandate of Supreme Court, § 1140 (c)
(1).

Mandate defined, § 1140 (e) (2).

Petition for review not filed on time, § 1140

(a).

Rehearing, § 1140 (d).

Jurisdiction, § 1101.

Membership, § 1102.

Miscellaneous provisions

Disposition of fees, § 1132.

Employees, § 1130.

Appointment and compensation, § 1130 (a).

Expenses for travel and subsistence, § 1130 (b).

Expenditures, § 1131.

Fee for transcript of record, § 1133.

Organization and jurisdiction

Jurisdiction, § 1101.

Membership, § 1102.

Appointment, § 1102 (b).

Disbarment of removed members, § 1102 (g).

Expenses for travel and subsistence, § 1102 (d).
Number, § 1102 (a).

Removal from office, § 1102 (f).

Salary, § 1102 (c).

Term of office, § 1102 (e).

Organization, § 1103.

Designation of chairman, § 1103 (b).

Divisions, § 1103 (c).

Offices, § 1104.

Quorum, § 1103 (d).

Seal, § 1103 (a).

Witness fees, § 1115.

Amount, § 1115 (a).

Other witnesses, § 1115 (b) (2).

Payment, § 1115 (b).

Witnesses for commissioner, § 1115 (b) (1).

Procedure in gift tax deficiencies, § 1012.
Address for notice of deficiency, § 1012 (j).
Amount assessable after decision of Board, § 1013
(d).

Amount assessable before decision of Board,
§ 1013 (c).

Authority for making assessment, § 1013 (a).
Bond to stay collection, § 1013 (f), (g).

Collection of deficiency found by Board, § 1012
(b).

Collection of unpaid amounts, § 1013 (i).

Deficiency letters, § 1013 (b).

Expiration of right to assess, § 1013 (e).

Extension of time for payment of deficiencies,

§ 1012 (i).

Failure to file petition, § 1012 (c).

Final decision of Board, § 1012 (h).

Further deficiency letters restricted, § 1012 (f).

Increase of deficiency after notice mailed, § 1012
(e).

Jeopardy assessments, § 1013.

Jurisdiction over other calendar years, § 1012 (g).
Petition to Board, § 1012 (a) (1).

Waiver of restrictions, § 1012 (d).

Waiver of stay, § 1013 (h).

Procedure in income tax deficiencies, § 272.
Address for notice of deficiency, § 272 (k).
Amount assessable after decision of Board, § 273
(d).

Amount assessable before decision of Board, § 273
(c).

Co-operative apartment corporation, § 23 (z).
Decedents, deductible by, § 126 (b) (1).
Shareholder paid by corporation, § 23 (d).
Suits by United States for, § 3744.
Unconstitutional, recovery of § 128.

TAX-FREE COVENANT BONDS

Withholding income therefrom at source, § 143 (a).
TAX-FREE EXCHANGES

See "Gain or Loss."'

TAXPAYERS

Closing of taxable year, § 146.

Definition, §§ 700 (j) (5), 734 (a) (1), 3797 (a)

(14).

Other than corporations, § 117.
Special classes, § 4.