Banks, purchase by corporation of notes. Commercial paper, purchase from banks Discount of negotiable paper by corpo- Evidences of debt, purchase from banks Extension of time for payment of ad- Form of obligation for advances, 28 Interest on loans by banks of moneys Loans of money advanced to banks, rate Note with security required for advances, 28 Persons entitled to advances, 28 Time of making advances, 28 Advances to promote commerce with foreign Bonds, see Notes and bonds, infra Federal reserve banks authorized to act as Financing exportation of agricultural and Income tax not imposed on interest on Notes and bonds Authority to issue, 30 Use as security by federal reserve banks, Obligations, see Notes and bonds, supra Powers, advances for agricultural purposes, Revival of activities, 26 Unemployed moneys of corporation, dis- Winding up affairs, 31 WAR PROFITS AND EXCESS PROF- ITS TAX "Admissible assets" defined, 172 Amount of tax Cases specially considered for purposes of Determination by commissioner, 163 Domestic corporations taxable only on in- | WAR PROFITS AND EXCESS PROF- Amount of tax-Cont'd) Exceptional hardship, 173 Fiscal year, determination of amount, 175 Indistinguishable aggregate of tangible Net income derived from different sources, Period covered by return as affecting Sales of mines, oil or gas wells, 175 Cases specially considered for purposes Change of ownership of trade or business, Computation of tax, 169-170, 170-171 Corporations exempt from tax, 171 Corporations subject to tax, 169 Rate of tax, 169-170 Recovery by corporation of dividends Refunding overpayments, 175 Corporations required to make returns, 175 Specially considered cases, 173-174 Statutory definitions, 169 "Tangible property "defined, 172 Trade or business having no invested capi- Trades and businesses affected, 496 note Valuation of transferred assets, 174 WAR RISK INSURANCE See VETERANS' BUREAU Actions on insurance certificates, 809 note Alien enemy, discharge from service as ter- Allotments to Public Health Service, 318 See Compensation, infra Failure of beneficiaries of permitted class Persons admitted into military or naval Persons entitled to benefits of act, 327, Persons provisionally accepted in mili- WAR RISK INSURANCE — (Cont'd) Personnel, equipment, etc., transferred to Powers transferred to veterans' bureau, Cancelled insurance, reinstatement, 331 Army nurse corps (female), members en- Injuries compensated, 326 Installments accruing before death, 810 Installments not accruing until after Navy nurse corps (female), members en- Review of awards, 329 Time of admission to military or naval Time of death or disability as affecting Conscientious objectors, discharge from Death by wrongful act, assignment of right Death, compensation for, 328 Desertion from service as terminating in- surance, 327 |