Federal Income Tax, War-profits and Excess-profits Taxes

Collectors-Returns Made by Collectors-Erroneous Returns-Under-
statement in Returns-Amended Returns-Notice of Failure to File
Returns-Inspection of Returns-Statistics of Income...

CHAPTER 35.

ASSESSMENT AND PAYMENT OF THE TAX.

Suits to Restrain Assessment or Collection-Time of Payment-Assess-
ment-Notice and Demand-Medium of Payment-Excess Payment—
Recovering of Taxes Paid-Protest - Duress-Receipts-Additional
Assessment-Interest-Suits for Collection of Taxes-Lien for Unpaid
Taxes-Distraint-Taxpayers Contemplating Removal or Concealment
of Property-Committee on 'Review and Appeal..

CHAPTER 36.

PENALTIES AND COMPROMISES.

496

516

Suits to Enjoin Collection of Penalties-Failure to File Return-Inten-
tional Neglect or Refusal to Make Returns-False and Fraudulent Re-
turns-Fine Against or Imprisonment of Officer of Corporation, Mem-
ber of Partnership, or Employee of Either-Returns of Information-
Returns of Withholding Agents-Attempts to Evade Tax-Divulging
Information Statute of Limitations-Compromise of Penalties...... 552

CHAPTER 37.

ABATEMENT, REFUND AND RECOVERY OF TAXES

Taxes Paid on Second Assessment-Who May Claim Recovery-Abatement
-Refund-Suits to Recover Taxes-Recovery of Interest-Costs-Un-
collectible Taxes

562

CHAPTER 38.

EXAMINATION OF TAXPAYERS' BOOKS.

Examination of Books-Requiring Attendance of Witnesses-Production

of Books-Enforcement of Provisions as to Examination, Attendance

and Production · Constitutionality of Examination and Production

Provisions of Statute-Corporations - National Banks - Government

Contracts-Instructions to Revenue Agents......

CHAPTER 39.

INFORMATION AT THE SOURCE.

Miscellaneous Income, Gains and Profits-Customers of Brokers-Divi-

dends Interest-State and Municipal Bonds-Payments to Non-Resi-

dent Aliens-Foreign Items-Procedure in Paying Income-Returns-

COLLECTION OF THE TAX AT THE SOURCE.

Definition-Fixed or Determinable Annual or Periodical Income-Bond

Interest-Against Whom Tax Is Withheld-Who Are Required to With-
hold Tax-Exemption From Withholding Ownership Certificates—
Return of Tax Withheld-Release of Excess Tax Withheld-Withhold-
ing in 1918-Enemies-Return of Income From Which Tax Withheld.. 596

CHAPTER 41.

COVENANTS TO PAY TAXES.

In General-Definition-Rate of Tax to Be Withheld-Object of With-

holding Provisions in Case of Tax-Free Covenant Bonds-Procedure of

Corporation Issuing Tax-Free Covenant Bonds-Examples of Covenants

CONSTITUTIONALITY OF THE LAW.

Construction of Constitutional Provisions-Power of Congress to Levy

Income Taxes Taxing Gains and Profits From Sale of Property—

Interest on State and Municipal Obligations-Want of Due Process of

Law-Uniformity-Exempting Certain Corporations From Tax-Retro-

active Features of Law...

629

CHAPTER 43.

WAR-PROFITS AND EXCESS-PROFITS TAX.

To Whom the Law Applies-Corporations Partly in Personal Service Busi-
ness-Allocation of Net Income to Particular Source-Statement of
Tax Rates of Tax for 1918 and 1919-Maximum Limit-Invested
Capital Cash Paid In-Tangible Property Paid In-Intangible Prop-
erty-Mixed Aggregates of Tangible and Intangible Property-Surplus
and Undivided Profits-Reserves-Patents Property Taken for Debt-
Discount on Sale of Bonds-Bank Discount-Current Profits-Surren-
der Value of Insurance Policies Addition to Surplus Account-Limi-
tation of Additions to Surplus-Property Paid in and Written Off-
Admissible and Inadmissible Assets-Borrowed Capital-Computing
Invested Capital-Adjustments Which Increase or Reduce Book Value
of Assets-Adjustments Due to Changes in Taxable Year-Invested
Capital for Fractional Part of Year-Invested Capital for Pre-war
Period-Invested Capital of Foreign Corporations and Insurance Com-
panies-War-Profits Credit-Excess-Profits Credit-Specific Exemption
-Net Income-Assessment Without Reference to Invested Capital-
Abnormal Conditions Affecting Capital or Income-Incorporation of

Business of Partnership or Individual-Affiliated Corporations-Bal-
ance Sheet-Returns-Time and Manner of Paying Tax-Penalties-
Administrative Provisions

643

CHAPTER 44.

THE CAPITAL STOCK TAX.

Definitions-Domestic and Foreign Corporations-Basis and Rate of Tax-
Stock Insurance Companies-Mutual Insurance Companies-Holding
Companies-Subsidiary Companies Corporations Engaged in Business
During Preceding Year-Inactive Corporations-Carrying on or Doing
Business Railroad Corporations Under Federal Control-Exempt Cor-
porations Payment of the Tax-Returns-Affiliated Corporation-
Penalties Administration of the Law.

714

CHAPTER 45.

THE STAMP TAX.

General Scope of Law-General Exemptions Stamps-Bonds of Indebted-

ness- -Bonds of Indemnity and Surety-Capital Stock, Issue-Capital

Stock, Sales and Transfers-Certificates of Profits-Checks-Convey-

ances-Drafts-Entry for Withdrawal of Goods or Merchandise From

Customs Bonded Warehouse-Entry of Goods, Wares or Merchandise

at Customhouse-Insurance Policies Parcel Post Packages-Passage

Tickets-Playing Cards-Powers of Attorney-Sales of Produce on

Exchange Promissory Notes-Proxies-Records Required in Case of

Sales and Transfers of Stock and Produce on Exchange-Constitution-