FOREWORD THIS pamphlet is confined to a consideration of Federal taxation of income, as such taxation is provided for by the Revenue Act of 1921. The subject is considered under three general heads: (a) Definition of terms used in the Act. (b) Notation of the principal modifications (c) A resume of the Income Tax Law, with The object sought is to assist taxpayers in reading the Law intelligently and applying it to the facts of their particular cases. The analysis and suggestions made are of course subject to such modification as departmental regulations-when issued-may require. The Law is always the source of authority. It is printed in a separate pamphlet. Income Tax (Continued). Insurance Companies-tax on income of..... -against tax computed on return-Individuals. -of tax collected at source Collection of tax at source-applies to what. .... -Tax Covenant Interest. .Paragraphs 151 153-160 161-177 178-185 186-193 194 195 -Rate of 196 197 Limitation of examinations and final assessment. -Upon suits and prosecutions. -of Liberty Bond Exemptions... 226 227 228-233 Chart of Liberty Bond Exemptions Pages 84-85 -Income from sources within Consolidated Returns for 1917..... Alternative Tax on Personal Service Corporations. Porto Rico and Philippine Islands. Possession of the United States-Citizen of a Child Labor and Income Tax.... 234 235 236 237 238 239-240 |