Depletion allowance in case of discovery, defined. Depositors' guaranty funds, deduction by bank_ Trust and beneficiary. Depletion allowance based on the income from oil and Depletion or depreciation sustained, defined__ Depreciation, accounting method_---- Adjustment when gain or loss, disposition of prop- 23 221 221 erty. 561 Allowance, necessity for 202 Amortized property... 204 Automobiles used for pleasure... 202 Basis for _ _ 204 Section Article Depreciation-Continued. Models. Nonresident aliens, deduction_. Oil and gas properties (see also Oil and gas properties) Sale of property acquired by, gain or loss.. Capital stock, treatment by corporation.. Reserve for depletion based upon, distribution of__ Discovery value, basis, depletion of mines.. Discoveries, mines, meaning.. 114 240 Distraint, bankruptcy and receivership cases.. 274 1191, 1192 Collection, claims against transferees and fiduciaries_ 311 1231 Collection of tax after assessment.. 276 1202 Depletion reserve based on discovery value of mines. Increase in value of property accrued before March Other than from earnings or increase in value of 115 624 Partnership, assets in kind, gain or loss from___ 604 Section Article Distributions-Continued. Personal service corporation.... Redemption of stock, information required. Source of.. Reserve, depletion, based on discovery value.. Stock or securities in reorganization, source of.. When taxable to recipient... 621 District of Columbia, exemption of income_ Employees, deductions____ 128 Drawings, depreciation allowance. Due date, defined___ Drainage districts, interest on obligations, exemption.......... Duties, customs, import and tariff, deduction_ 84 208 404 152 E Earned income, capital and personal services income- 31 Compensation treated as distribution of earnings 312 Credit for 31 Allowance against tax on capital gain 311, 312 501 Limitation Partners Definitions_. 31 311 Limitations. Period less than 12 months_ Sources without United States, exemption_. Earned income, earned income deductions, earned net CD ! ! ! ! ! ! Title I Embezzlement, losses, when deductible.. Employee, defined. Employees, constructive receipt of bonus stock... Foreign governments, exemption of compensation.. Property purchased from employer at less than fair 342 643 332 641 Employees' trusts, stock-bonus, pension, or profit shar- Exchanges, farm produce for merchandise, etc., gross Request for prompt assessment of tax.. Returns Period less than 12 months. Tax, computation and payment. Evasion of surtax by incorporation.. Evasion of taxes, deficiency, procedure.. income.. Gain or loss from (see also Gain or loss). Excise taxes, deductions... Executors, claims for refund. Liability for payment of tax- Exempt corporations and associations (see also headings for each class of organizations). Lists kept by collectors... Exemption certificates. See Ownership certificates. Exemptions, ships under foreign laws. Expenses, classification as between capital and expense_ Farmers Insurance companies, other than life or mutual.. Nonresident aliens, deduction__ 451 57 14 521-532 When deductible. 342 Extension of time, filing returns-- Filing returns, effect as to payment of tax- 432 Foreign organizations. 403 Military and naval forces of United States filing returns when abroad.. 403 Payment of deficiency. Payment of taxes_-- Bankruptcy or receivership cases. |