Assets, transfer of. Valuation of, upon reorganization_ Assignees, corporations, returns_ Withholding tax at source_ Associated Press franchises, intangible property. Associations, as corporations_. Charitable contributions_. Definition Distinguished from partnership-- Trust Exemption Foreign, Liberty bond exemptions___. "Assured ores or minerals, determination of quantity. Attorney's fees, administration of estate, deductions___ Auctions, corporations conducting, as personal-service corporations_ Auditing of returns__ Authority for regulations__ Officer attesting return_. Automobiles, deduction of cost by farmer_ Depreciation, deduction___ Insurance association, exemption__ License fees, deductions__ Average invested capital____ Bad debts, accounts receivable_. Bankruptcy Bonds ascertained to be worthless_. Charged off but subsequently recovered, taxable income_ Decedent's estate Deductions, in general_ Insolvency Mortgage debts__ Nonresident alien individual_. Rentals unpaid___ Securities ascertained to be worthless_ Wages unpaid____ Bank deposits, invested capital_. Depositors' guaranty fund, deduction_ Discounts, invested capital__. Federal land, taxability of dividends and interest_- Federal reserve, taxability of dividends___ Interest paid, deduction. License to collect foreign items. Postal savings, interest on deposits-- Shrinkage in securities, deduction_ Bankruptcy, bad debts_____ 331 331 239; 622 364 811 1501 251 1502 1503 1504 511-522 92 208 293 1525 1012 1309; 1800 406 110 162 521 131 326 152 151, 152 154 52 152 214, 234; 23 154 153, 154 271 152 154 152 814 567 849 75 76 564 1111 78 144 566 151, 152 622 32 23, 26 202; 25 219 Corporation, returns by trustees_ Baptismal offerings, taxable income. Basis, computation of net income_ Determination of gain or loss from sale or exchange of property- Returns, calendar or fiscal year.. Beneficiary, payment of taxes by- Eequests, exemption‒‒‒‒‒ Feneficiary societies, exemption_ Betterments, addition of cost in determining capital sum to be replaced by 514 213; 74 164 Deduction of amounts expended for_ 572 Lessee, income to lessor____ 48 Bills paid for merchandise, telephone, etc., information at source_ 1074 208 Branch offices, information at source as to payments to employees-- 1072 Building and loan association, constructive receipt of amount credited to Canada, deductions by corporation__-. Canceled indebtedness to stockholders, borrowed capital_. 573 813 51, 543 542 518 504 29 832 Mines Timber Expenditures Capital stock, sale, gross income of corporation_ Carriers by water, exemption_‒‒‒ Under federal control, income tax--- Cash, form of items of gross income and deductions_. Paid in, invested capital____ Casing-head-gas contracts, depletion allowance.... Casualty, compensation received for property lost or destroyed as tax- United States__. Indebtedness, medium of payment of tax. Certificates, foreign corporation having office or place of business in 992 49 141, 145 271 569 516 601 1314; 1731, 1732 1078, 1079, 1111 364-369, 373-375 1038 363 330, 331; 634 Ownership for foreign items___ Withholding tax at source_ Probable cause, claim for refund__ Residence, filing by citizens or resident aliens.. Change in ownership during taxable year, return by affiliated corpora- Porto Rico or Philippine Islands, residing in United States____ Possessions of United States, status_. Rate of normal tax_‒‒‒ Residing in Porto Rico or Philippine Islands__ Civic leagues, exemption_.. 517 (1) 1731 1733 291 304-306 1495 381 1132 260; 1121 2 261; 1132 4 519 Claims, abatement of penalties. See Abatement of penalties. Amortization Credits, nonresident alien individuals.. Taxes erroneously collected.. Definition Loss in inventory or from rebates_. Net loss, allowance--- Refunds of penalties. See Refunds of penalties. Taxes. See Refunds of taxes. Clearing associations, telephone, exemptions_. Clearing house association, exemption_-_. Clergymen, exemption of associations for relief of families of___ 186, 188 311, 316 1034, 1035 87 261-268 Refunds---- Commission business, corporation conducting, as personal service corpo- Commissions, buying and selling securities, deductions_ Executors, deductions---- Insurance premiums, taxable income.... Receivers, taxable income__ Salesmen, taxable income_. Withholding tax at source_. Selling corporate bonds, deduction_. Committee of property of insane person, fiduciary. Returns---- Compensation, deduction of expenditures_. Destruction of property, taxability--- Federal employees and officers, taxability. Forgiveness of indebtedness____ Nonresident alien individuals, taxability- Personal services, gross income__ Premium on insurance policy, deduction_. Promissory notes, taxable income. State officers or employees, taxability. Withholding tax at source_ Compromises Computation, amount of gifts to charity- Depletion allowance, gas wells__. Mines Oil wells.. Timber_. Depreciation 521 518 517 (1) 32 162 520 259; 1111 221 1009 250 1008 1038 1525 293 293 33 85 32 363 566 1521 422 101, 105-108, 932 32 35 91, 92 31-34, 91, 92 294 36 34 85 152 363 1011 251 211-214 210 210, 213, 214 229 Government Intangible property. Surtax_ Conditional exemptions. Conditional sales, personal property, gross income_ Congressmen, mileage, excess over actual traveling expense as income--- Consolidated returns, affiliated corporations__. Consolidations, excess profits tax-. Constructive receipt, income.... Consuls, exemption of income_ Verification of returns__ Contingent compensation, deductions_. Contracts, filing in connection with amortization claim_ 23. 29 240; 631-63 330, 331; 931–934, 94 Long term, ascertainment of gross income_- State, profit of independent contractor as taxable income_. 36 213; 31 Cooperative associations, exemption_‒‒‒ Copyrights, deduction of amounts expended for securing- 52 293 Depreciation allowance_. Sales, gross income. Corporations, affiliated 163, 167 40 240 Apportionment of specific exemption_. Assessments for reorganization purposes, deductions. Bonus stock, constructive receipt by employees---- Compensation paid to employee in stock as taxable income--. Conditional and other exemptions_. Contributions and gifts to, deduction__ 305 203 54 09 Credits 231 251, 271 236, 238; 591, 611 |