UNITED STATES OF AMERICA 264 CONGRESS OF THE UNITED STATES, JOINT COMMITTEE ON INTERNAL REVENUE TAXATION, Hon. ROBERT L. DOUGHTON, Chairman, Joint Committee on Internal Revenue Taxation. DEAR MR. DOUGHTON: Submitted herewith is a document entitled "Individual Income Tax Provisions of the Internal Revenue Code," compiled by the committee staff. The need for such a work was suggested by members of the committee. when the simplification measure that became the Individual Income Tax Act of 1944 was under consideration. It is hoped that the compilation will prove useful to the taxpayer, the Congress, and those charged with the administration of the law. Respectfully yours, PREFACE This document includes the text of those provisions of the Internal Revenue Code, in effect on October 14, 1944, which govern individual income tax liability for taxable years beginning in 1944 or later. The provisions governing collection of tax at the source on wages appear in the form in which they become applicable on January 1, 1945. Sections and parts thereof which do not relate to individual income taxes for years beginning in 1944 or later are not included. The omission of an entire section or an integral part (designated by letter or number) is not typographically indicated; lesser omissions are indicated by asterisks. Such of the omitted sections or subdivisions thereof as are referred to in the retained text are printed in Appendix I. In general, provisions outside the Internal Revenue Code, where expressly referred to or clearly in point, are printed in footnotes. Numbered footnotes and bracketed matter in small type are editorial; other matter in small type is taken from the statutes. The text is the text of the statutes, unchanged except to harmonize typography, punctuation, or spelling; eleven other changes, not strictly clerical in character, are explained in footnotes. Review by the office of the Commissioner of Internal Revenue developed helpful suggestions and is gratefully acknowledged. LYNN L. STRATTON. WALTER H. MCCLENON. |