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FORM OF TEMPORARY CERTIFICATES WHICH MAY BE USED ONLY PRIOR TO NOVEMBER 16,

1913, SUBJECT TO SUBSTITUTION.

I (we) hereby certify that I am (we are) lawfully entitled to present for payment the accompanying coupons
or interest orders amounting to $.

(giving amount) representing interest matured on the following
bonds..

(giving name of debtor and designating the description, style, and
numbers of the bonds); that said coupons or interest orders came into my (our) possession unaccompanied by a
certificate of ownership of said bonds, in any of the forms required by the regulations of the United States Treasury

:

Department; and that the name and address of the owner of such bonds are as follows:

.(give name and address of owner; if impossible to do this, so state).

Name of person, firm, or corporation presenting coupons:

Address.

(T. D. 1892.)

Income tax.

Interest upon obligations of the United States or its possessions, or of

any State, county, city, or any other political subdivision thereof, is not subject to income tax.

TREASURY DEPARTMENT,

OFFICE OF COMMISSIONER OF INTERNAL REVENUE,

Washington, D. C., November 6, 1913.

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To collectors of internal revenue:

It has been called to the attention of this office that banks in certain sections are refusing to pay coupons for interest on bonds of States, counties, cities, or other political subdivisions of the United States, when such coupons are not accompanied by certificates of ownership, without deducting the normal income tax of 1 per cent, which the law and the regulations of this department require shall be deducted at the source in paying the interest on bonds of corporations, joint-stock companies or associations, and insurance companies.

Please inform all parties interested, giving the information wide publicity, that the income derived from the interest upon the obligations of a State, county, city, or any other political subdivision thereof, and upon the obligations of the United States or its possessions, is not subject to the income tax, and a certificate of ownership in connection with the coupons or registered interest orders for such interest will not be required.

The interest coupons should clearly show on their face whether they are issued by the United States or any political subdivision thereof. If, however, they do not clearly show this, then, of course, an ownership certificate should be required.

W. H. OSBORN, Commissioner.

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(T. D. 1893.)
Income tax.

Income tax on the interest on bank deposits and bank certificates of

deposit not to be withheld at the source.

TREASURY DEPARTMENT, OFFICE OF COMMISSIONER OF INTERNAL REVENUE,

Washington, D. C., November 6, 1913.

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To collectors of internal revenue :

Banks, bankers, trust companies, and other banking institutions receiving deposits of money are not required under the Treasury regulations (part 2), approved October 31, 1913, to withhold at the source the normal income tax of 1 per cent on the interest paid or accrued or accruing to depositors, whether on open accounts or on certificates of deposit; but all such interest, whether paid or accrued and not paid, must be included in his tax return by the person or persons entitled to receive such interest, whether on open account or on the certificate of deposit.

W. H. OSBORN, Commissioner.

Approved :
W. G. MCADOO,

Secretary of the Treasury.

(T. D. 1894.)
Income tax.

Income-tax ruling as to how and by whom certificates of ownership

may be signed in cases where bonds of corporations, joint-stock companies or associations, and insurance companies are owned by nonresident aliens.

TREASURY DEPARTMENT,

OFFICE OF COMMISSIONER OF INTERNAL REVENUE,

Washington, D. C., November 12, 1913.

To collectors of internal revenue:

Coupons (or orders for registered interest) payable in the United States, representing the interest on bonds owned by nonresident aliens, must be accompanied by the prescribed certificate, Form 1004, as per Treasury regulations of October 25, 1913; but this certificate may be signed either by the owner himself (herself or themselves) or in behalf of the owner by a reputable bank or bankers, or other responsible collecting agency, certifying to the ownership of the bonds and giving the name and address of the bona fide nonresident and alien owners, and when such certificate is thus attached the normal tax of 1 per cent on such coupons or interest orders need not be withheld at the source by the debtor or collecting agency.

W. H. OSBORN, Commissioner.

Approved :
W. G. MCADOO,

Secretary of the Treasury'.

(TREASURY DECISION 1926.)

Income tax.

Regulations permitting text of certificates of ownership, 1004, 1014 and

1016, used by non-resident foreign individuals, partnerships and organizations, to be printed in foreign language directly under the English text of said certificates.

TREASURY DEPARTMENT,

OFFICE OF COMMISSIONER OF INTERNAL REVENUE,

Washington, D. C., December 30, 1913.

Certificates of ownership required to be filed with interest coupons or orders for registered interest by non-resident foreigners on Form 1004, by foreign partnerships on Form 1014, and by foreign organizations on Form 1016 shall be printed, as prescribed by regulations, in the English language, and directly under each line of the English text, on each of the above mentioned certificates, there may be printed the text of said certificate in a foreign language.

In executing these certificates, however, all blanks to be filled in, with amounts, shall be filled in using United States dollar values.

These certificates shall be of the same size as prescribed by regulations for all certificates of ownership.

W. H. OSBORN,

Commissioner.

Approved :
W. G. MCADOO,

Secretary.

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