« PreviousContinue »
(T. D. 1927.)
Income tax. Extension of time for filing nionthly list returns by the first bank or collection agency
receiving coupons or interest orders for collection, when not accompanied by a certificate of ownership, and monthly list return required to be filed by licensed bank or collection agency collecting income from bonds, etc., issued in a foreign country, in accordance with the requirements of section 2, act of October 3, 1913 (T. D. 1887).
Washington, D. C., January 2, 1914. The time for filing the (a) monthly list return required of the first bank or collection agency accepting coupons or interest orders for collection, when not accompanied by a certificate of ownership, and the (6) monthly list return required of licensed banks or collection agencies collecting incomes from bonds, etc., issued in a foreign country, as provided in T. D. 1887 (pp. 5 and 6), which are required to be filed on the 20th day of the month next succeeding that in which said items were received, is hereby extended to January 20, 1914.
W. H. OSBORN,
Commissioner of Internal Revenue. Approved: W. G. MCADOO,
Secretary of the Treasury
(T. D. 1928.)
Income tax. Regulation prescribing additional forms on which to make returns of annual net
income for the income tax.
Washington, D. C., January 2, 1914. The forms numbered and described below, in addition to those previously approved, are prescribed by this department for the purposes indicated in connection with the administration of the Federal income-tax law (sec. 2 of the act of Oct. 3, 1913):
Forms 1030, 1031, 1032, 1033, 1034, and 1035 are to be used by corporations in making their returns of annual net income, as follows:
No. 1030 by insurance companies; No. 1031 by banks and other financial institutions (class A); No. 1032 by public service corporations (class B); No. 1033 by manufacturing corporations (class C); No. 1034 by mercantile corporations (class D); No. 1035 by miscellaneous corporations (class E).
Form 1040 is to be used by individuals, or their duly authorized agents, in making the personal return of annual net income.
Form 1041 is to be used by fiduciaries in making returns of annual net income in behalf of their beneficiaries and as withholding agents.
Form 1042 is the annual list return of withholding agents of taxes withheld by them on income other than that derived from corporate obligations.
Form 1043 is a monthly list return of taxes withheld on foreign income by licensed banks or collecting agents.
Form 1043a is the annual list return to be made by licensed banks and collecting agents of taxes withheld by them during the year on foreign items.
Form 1044 is a monthly list return of taxes withheld by the first bank or collecting agency receiving coupons or interest orders not accompanied by certificates of owners.
Form 1044a is the annual list return of taxes withheld during the year by the first bank or collecting agency receiving coupons or interest orders not accompanied by certificates of owners.
Form 23a will be used by collectors in listing, for assessment, the corporations showing net income upon which the tax is to be computed, this form to be prepared in duplicate.
Form 23b will be used by collectors in listing, for assessment, withholding agents, fiduciaries, etc., and individuals who return a taxable income.
W. H. OSBORN,
Commissioner of Internal Revenue. Approved. W. G. McAdoo,
Secretary of the Treasury.
(T. D. 1929.)
Income tax. Supplemental regulations prescribing form of certificate to be attached to interest
coupons in cases where the collecting agent's certificate is substituted for the certificate of the owners, when said owners are fiduciaries not claiming exemption at source.
Washington, D. C., January 3, 1914. Subject to the provisions of the regulations in T. D. 1903, dated November 28, 1913, collecting agents may substitute Form 1019a, properly filled in and numbered, for the certificate of the owner on Form 1019.
When collecting agents substitute their own certificate in lieu of owner's certificate on Form 1019, said substitute certificate shall be in substantially the following form:.
Form of certificate to be attached to interest coupons in cases where the collecting agent's
certificate is substituted for the certificate of the owners.
(When owners are fiduciaries.) (The owner's certificate, of which the following certificate is the counterpart, and bears the same number as this certificate, will be sent by the collecting agent direct to the Commissioner of Internal Revenue at Washington, as prescribed by regulations.)
do solemnly declare that the owner of (Name of collecting agent.) $ bonds of the
from which were (Name of debtor organization.) detached the accompanying interest coupons due
(Maturity.) amounting to $
has filed with me (us) a duly executed certificate filled up in accordance with Treasury Regulations of December 8, 1913, Form No. 1019: which certificate has been indorsed by me (us) as follows: “Owner's certificate No.
191..,” that said certificate (Name of collecting agency.)
(Date.) is executed by a fiduciary, and that the fiduciary, acting for and in the capacity as stated therein, did not claim any exemption from having the normal tax of 1 per cent withheld from said income by the debtor at the source; and I (we) do hereby promise and pledge myself (ourselves) to forward the above-described certificate executed by the owners as stated and dated ..
191.., to the Commissioner of Internal Revenue, at Washington, D. C., not later than the 20th day of next month, in accordance with Treasury Regulations.
Signature of collecting agent:
W. H. OSBORN,
Commissioner of Internal Revenue. Approved. W. G. McADOO,
Secretary of the Treasury.
(T. D. 1930.)
Washington, D. C., January 6, 1914. To collectors of internal revenue:
Form 73 of book to be kept by manufacturers of cigars and cigarettes has been revised, providing new columns in which to report · tax-free cigars used for personal consumption and for experimental purposes, employees, etc., as prescribed in Regulations (T. D. 1875) under authority of the act of February 10, 1913. Copies of revised Form 73 have been furnished upon request to publishers of these books and copies have also been sent to each collector of internal
Cigar manufacturers need not be required to purchase new books 73 until their present books have been filled, if they are keeping, in addition to the other requirements of the law, proper record therein in accordance with T. D. 1875, and no trouble is experienced by collectors or their deputies from manufacturers making abstracts therefrom on latest revised Form 72 of cigar manufacturers' monthly return. Otherwise the use of revised book 73 shall be required immediately.
W. H. OSBORN, Commissioner of Internal Revenue.
(T. D. 1931.)
Shipment in bond of tobacco, cigars, cigarettes, and playing cards by
Washington, D. C., January 6, 1914. To collectors of internal revenue and others concerned:
Under T. D. 1858, dated June 10, 1913, relating to the exportation by parcel post of tobacco, snuff, cigarettes, or playing cards, the affixing of export stamps and the inspection of such articles by the deputy collector of internal revenue are not required where the tax involved does not exceed the sum of $10.
These provisions are hereby extended so as to authorize the exportation of such articles, including cigars, by registered mail where the tax involved does not exceed the sum of $10.
The receipt, properly signed, to be given at the post office of mailing should contain such description of the goods as will identify them as the particular goods withdrawn for exportation, including the name of shipper, kind of goods, number of packages, quantity, foreign destination, and name of consignee.
Such particulars should appear on the packages delivered at the post office for registration.
W. H. OSBORN,
Commissioner of Internal Revenue. Approved: JNO. SKELTON WILLIAMS,
Acting Secretary of the Treasury.