About this book
My library
Books on Google Play
Section 115.
Distributions by corporations-Continued.
Page
Article 628. Stock dividends____
196
629. Distribution in redemption or cancellation of stock tax-
able as a dividend..
Section 116.
Exclusions from gross income__.
197
Article 641. Income of foreign governments, ambassadors, and
Section 117.
644. Bridges to be acquired by State or political subdivision__
Net losses....
201
202
652. Allowance of net loss----
653. Net loss and capital net gain..
Section 118.
Article 651. Net losses, definition and computation...
654. Net loss for taxable year 1931 and for the fiscal year 1932.
655. Illustration of computation of net loss__
Loss from wash sales of stock or securities.
Article 661. Losses from wash sales of stock or securities_.
Section 119. Income from sources within United States__
Article 671. Income from sources within the United States___.
672. Interest_
204
205
206
207
210
212
213
681. Other income from sources within the United States....
682. Income from the sale of personal property derived from
sources partly within and partly without the United
Section 131. Taxes of foreign countries and possessions of United
694. Redetermination of tax when credit proves incorrect____
695. Countries which do or do not satisfy the similar credit
229
requirement...
696. When credit for taxes may be taken_-_-
230
697. Domestic corporation owning a majority of the stock of
Section 141.
SUPPLEMENT DRETURNS AND PAYMENT OF TAX
[Supplementary to Subtitle B, Part V]
Consolidated returns of corporations___
Article 711. Consolidated returns of affiliated corporations for 1932
and subsequent taxable years.
234
236
712. Formation of and changes in affiliated group---.
713. Corporations to be included in consolidated returns for
1932 and subsequent taxable years---
714 Foreign corporations which may be treated as domestic
corporations___
237
746. Time for filing return upon death, or termination of
trust_
240
770. Return of income from which tax was withheld_.
Section 144. Payment of corporation income tax at source_
Article 781. Withholding in the case of nonresident foreign corpora-
250
Section 145.
tions___
Penalties_
251
Article 791. Penalties____
Section 146. Closing by Commissioner of taxable year..
Article 801. Termination of the taxable period by Commissioner..
Section 147. Information at source_
252
253
254
Article 811. Return of information as to payments of $1,000‒‒‒‒‒
812. Return of information as to payments to employees..
813. Cases where no return of information required_-_-
814. Return of information as to interest on corporate bonds__
815. Return of information as to payments to other than
Section 148. Information by corporations
Article 831. Return of information as to payments of dividends___-.
257
Article 891.
Capital net gains and losses in the case of estates and
trusts__
265
903. Taxation of partners in partnership with fiscal year end-
ing in 1932.
268
Article 931.
Section 187.
Capital net gains and losses in the case of partnerships__
Net losses____
269
Section 188.
Taxes of foreign countries and possessions of United
States..
Section 201. Tax on life insurance companies............
Article 951. Life insurance companies---
270
271
Section 202. Gross income of life insurance companies..........
Article 961. Gross income of life insurance companies-----
Section 203.
Net income of life insurance companies..
Article 971. Tax-exempt interest and reserve funds__.
272
273
972. Reserve for deferred dividends..
274
973. Investment expenses__-
974. Taxes and expenses with respect to real estate__.
975. Other deductions__
Insurance companies other than life or mutual...-
Article 991. Tax on insurance companies other than life or mutual__
992. Gross income of insurance companies other than life or
mutual______
276
278
279
993. Deductions allowed insurance companies other than life
or mutual__.
Section 206. Taxes of foreign countries and possessions of United
States____
280
Section 207. Computation of gross income..
281
Section 208 (a). Mutual insurance companies other than life:
Application of title.......
Section 208 (b). Mutual insurance companies other than life:
Gross income.
Article 1001. Gross income of mutual insurance companies other than
life__.
Section 208 (c). Mutual insurance companies other than life:
Deductions__.
282
Article 1011. Deductions allowed mutual insurance companies other
than life insurance companies----
1012. Required addition to reserve funds of mutual insurance
companies----
283
1013. Special deductions allowed mutual marine insurance
companies.
1014. Special deductions allowed mutual insurance companies_
1015. Returns of insurance companies.
Article 1021. Normal tax in the case of nonresident alien individuals_
1022. Definition_
285
1023. Alien seamen, when to be regarded as residents..
1024. Proof of residence of alien___.
286
1025. Loss of residence by alien__.
287
Section 212.
1026. Duty of employer to determine status of alien employee_
Gross income__
288
Article 1041. Gross income of nonresident alien individuals___.
1042. Exclusion of earnings of foreign ships from gross income_
Section 213. Deductions___
Article 1051. Deductions allowed nonresident alien individuals_.
Section 214. Credits against net income..
Section 215. Allowance of deductions and credits_.
Article 1071. Allowance of deductions and credits to nonresident alien
290
Article 1081. Return of income of nonresident alien individuals__.
292
Section 218. Payment of tax..
Article 1091. Date on which tax shall be paid by nonresident alien
1102. Exclusion of earnings of foreign ships from gross income.
293
Section 232. Deductions..........
Article 1111. Deductions allowed foreign corporations.
Section 233. Allowance of deductions and credits.
294
Article 1121. Date on which tax shall be paid by foreign corporations_
Section 237. Foreign insurance companies__
Section 238. Affiliation__.
SUPPLEMENT J-POSSESSIONS OF THE UNITED STATES
Section 251. Income from sources within possessions of United
States
Article 1131. Citizens of the United States and domestic corporations
deriving income from sources within a possession of
the United States_
295
296
1132. Income received within the United States___
1133. Deductions allowed citizens and domestic corporations
entitled to the benefits of section 251___.
297
1134. Allowance of deductions and credits to citizens and
domestic corporations entitled to the benefits of sec-
tion 251___
1152. Credits allowed China Trade Act corporations_-_.
1153. Meaning of terms used in connection with China Trade
Act corporations_
1154. Withholding by a China Trade Act corporation...............
299
300
301