p. 24 pp. 22, 23 32 Taxes to be assessed by Commissioner of Internal Revenue, when, section 3176.. To make list or return of taxes, how, when, section 3173.. AUTHORS: Earnings of, indefinite or irregular, not subject to withholding at source.... 67 154 p. 20, art. 149 39 .... p. 12 74 5 Allowing interest on deposits, not to withhold tax from... Deductible status of taxes assessed against stockholder, paid by. Taking coupons for collection, originated or payable in the United States, MUTUAL SAVINGS Having capital stock represented by shares, exempt from tax.... Exemption from tax may be claimed by, from fiduciaries.... May be required of licensee for collection of foreign items... BONDS, ETC.: 56 Of corporations, etc.— Income from, subject to withholding at source, regardless of amount. Interest of foreign, subject to deduction and withholding, when..... BOND AND MORTGAGES: 37 p. 11 Of corporation subject to examination, by whom, for what, result...... 186 BOOK VALUE: Capital assets Article. Change in, by reappraisal, gain or loss, how computed.. 111 134 BUILDING: Removal of, corporation, not deductible loss, why.... BUILDING AND LOAN ASSOCIATION: 127 Domestic, defined; what necessary to exempt from tax. 87 BUSINESS: Lawful, carried on for gain or profit; income from part of gross income.. C. CALENDAR YEAR: To govern when notice of corporation fiscal year not given in time.......... CAPITAL ASSETS: 168 Book value of corporation, shrinkage in, how treated.. 134 Change in value of, by annual adjustment on books, that value used 111 Change in book value by reappraisal; gain or loss, how computed... 111 128 Profit or loss on sale of, how determined. Net income from sale of, how determined.. Sale of, by corporation, income from, how determined.. CAPITAL INVESTMENT: Corporation, increased by additions and betterments, not deductible 110 109 108 expense. CEMETERY COMPANY: Taxable status depends on what.. CERTIFICATE: Accompanying foreign items, disposition of, by licensee.. Claiming deductions account partnership expense, what and how...... Claiming exemption and deductions to accompany annual return of withholding agents.. Claiming exemption- 118 90 61 47 69 As nonresident alien must be filed or tax withheld from payment 46 From tax on registered interest to be filed at least five days before Form of, for foreign partnership composed of nonresident aliens, resident aliens, and citizens of United States... 49 Of deposit, interest on, part of gross income.. 4 Of ownership accompanying coupons or registered orders, duty of collecting agency.......... 39 Of ownership By corporations organized in United States claiming exemption, Of persons not subject to having tax withheld, disposition of, by 51 Not accompanying coupons or interest orders, tax to be withheld by CERTIFICATE -Continued. Of ownership--Continued. Of bonds By citizen or resident of United States, when and how to be used Article. 42 By corporations organized in United States and certain exempt, 45 43 Of corporations, etc., organized or doing business in United 48 Signed by agent, when verified by first withholding agent, etc., 43 Who to make and for what... 39 holding agent. Size of and paper for...... Substitute by collecting agent, how to be treated by debtors or with That of collecting agent substituted when. p. 27 51 40 CERTIFICATES, REPORTS, RETURNS: Arrangement and packing of, for forwarding by collector.............. 194 CHAMBERS OF COMMERCE: Exempt, when............... P. 13 CHANGE IN BOOK VALUE: Capital assets, corporation, reappraisal, gain or loss, how computed..... 111 CITIZEN: Income of, from coupon or registered interest, tax to be withheld on except to extent exemption claimed...... 44 Of United States, certificate of ownership of bond, when and how to be used and to specify what............... By whom, for what, who to file...... Paragraph C, in connection with foreign item, allowed to person enti- Insurance company, amount actually paid under policy contract, constitute deduction 147c COLLECTING AGENCY: First receiving coupons or interest orders not accompanied by certificates of ownership should withhold tax and attach its certificate, Form 1002, that tax withheld..................... 52 Agent-- In foreign countries to have privilege of substituting certificates for Should require person presenting coupon or interest orders to estab- COLLECTION: Claim for deductions may be filed with, when Of tax from withholding agent... COLLECTOR: Advanced preparation notice of assessment by, particulars Arrangement and packing certificates, reports, returns... Article. 36 198 194 P. 24 33c Duty of- As to returns withholding agents...... 195 If persons refuse or neglect to render return. 193 In absence from home or place of business.. In case of refusal or neglect of liable individual to make return. Annual individual return to commissioner... Return and assessment list and investigation of return............ p. 23 p. 23 p. 23 24 192 p. 23 167 Make return for individual, when.................. Sickness or absence, may extend time for making returns, section 3176.. p. 23 p. 24 p. 24 Method of handling and accounting for outstanding tax balances. May enter any collection district to examine witnesses, when, section 20 Of what district, Form 1008 to be filed.. Not satisfied with responsibility, applicant for license to collect foreign Order of arrangement, names in list made by. Tax withheld to be paid to... Shall require deputies to ascertain persons liable to tax, section 3172....... Shall make report of false or fraudulent returns, how, section 3176............. To adjust in assessment in case of withholding, when. To furnish withholding agent with statement of claim for deductions To obtain testimony, may summon whom, section 3173.. To report tax due, how, forms for.... To send notice of what, form of and time to serve.. To send notice to delinquent and file return............ To which, application of principal office made for license for branch COMMISSIONER OF INTERNAL REVENUE: Annual return of individual to be forwarded to, how.. Assessments made by...................... Facsimile of signature on licenses for collecting foreign items furnished COPIES OF RETURNS: How obtained, for what purpose.. Present President and judges of court exempt from tax, what.. CONSIDERATION FOR SUPPLEMENTARY CONTRACTS AND APPLIED SURRENDER VALUES: To be both added and deducted in return life insurance companies.... CONSTRUCTION OF LAW: As to withholding at source, liberal................... CONTRACT: Affecting liability of a taxable person as such, to be invalid.. Paid to employees of corporation on basis of stockholdings not deductible, why.... Officers and employees of State or political subdivision of, not to be included in gross income.... COMMISSIONER OF INTERNAL REVENUE-Continued. To issue licenses for collection of foreign items through collectors... Paid to salesmen in stock of corporation, deductible expense, when.... Foreign, normal tax on business transacted in United States.... Taxes to be assessed by commissioner, when, section 3176.... COMPENSATION: For personal service, part of gross income. Article. 54 25 117 p. 12 p. 9 p. 13 p. 24 4 5 119 5 5 102 P. 27 27 178, 180 CORPORATION: Additions and betterments constituting increase in capital investment All organized in United States subject to tax (certain exceptions). Amounts paid employees 118 76 P. 18 As compensation on basis of stockholdings not deductible, why... Interest paid on deposits, etc., allowable deduction..... 149 Paying taxes assessed against their stockholders, deductible status of. 154 Books of, subject to examination, by whom, for what, result.. 186 90 Certificates of ownership by claiming exemption, form of and how executed..... 45 Change in book value of capital assets by annual adjustment on books, that value to be carried into return.. 111 Change in book value of capital assets by reappraisal, gain or loss, how computed.... 111 CHARITABLE, exempt, when... p. 13 24785-14-7 |