ances. Art. 199. Statements of payment, abatement, and out- abatements, and standing balances of such assessed taxes will be rendered outstanding balmonthly by collectors on special Form 325. Such statements will be prepared in the same manner as required in the case of assessments on the regular Form 23, except that in Statement III the outstanding bal carded by col ances on the various lists will be reported in aggregate Outstanding only. Items constituting such balances, however, will balances to be be carded by collectors, but only as to such as were lectors. assessed during the month for which the return is rendered, thus avoiding detailed statements each month of outstanding balances previously reported. A separate card (Form 1020) will be used for each such item; and all cards so prepared each month should be arranged alphabetically, and so forwarded by the collector with his report on special Form 325. Approved: W. H. OSBORN, Commissioner of Internal Revenue. W. G. McADOO, Secretary of the Treasury. INDEX. NOTE. Regulations are indexed by article number; law indexed by page. A. ABATEMENT: Claim for, of tax, may be filed when, by whom...... ABSENCE: From United States, who may make claim for deductions (Form 1008) ADDITIONAL TAX: Article. 33c 33b Nonresident alien subject to, computed same as for citizens of United Regulations for..... ∞ 2 ADDITIONS AND BETTERMENTS: Constituting increase in capital investment not deductible expense of 118 ADJUSTMENT: Assessment of tax withheld, withholding agent to be notified............ Is fiduciary when.. 33c 70 Make return of income deceased person, when and what. 17 AFFIDAVIT: Verifying return of income, before whom made.. AGENT: 22222 Authorized, may sign for principal, certificate of ownership of bond.......... 43 at source. 32 Return made by, when...... 17 Signing for principal, certificate of ownership of bonds, to furnish Duly authorized agent of, to make return for and pay tax, when.... Net income of, defined......... Normal tax on entire net income of.. Not allowed exemption under paragraph C.... Not entitled to exemption under paragraph C. Taxable on entire net income in United States.. Tax on coupons or registered interest payable in United States to be Resident- Certificate of ownership of bond, when and how to be used, and to Income of, from coupon or registered interest, tax on to be deducted AME"DMETA Sections 3167. 2172, 3173. 3176. Rev. Stat. AMORTIZATION: Depreciation for. corporation allowed, when, how. ÂNGAL RETURN: Form 1913, to show what, and to be filed on or before Mar. 1 each year... ANNCITY: A Money paid for returned, not to be included in gross income......... TER: Of guardian, etc., to notice for failure to make return, may show what... Decision of collector--- All papers of, to Commissioner of Internal Revenue; dissatisfied APPLICATION: For license- For collection foreign items. To collect foreign items to be made through principal office to col- Articl 135 50 53 59 5 63 APPLIED SURRENDER VALUES AND CONSIDERATION: For supplementary contracts- ARRANGEMENT AND PACKING: To be both added and deducted in return life insurance company.. 102 Certificates, reports, returns, for forwarding by collector.. 194 ASSESSMENT: Insurance company, reserve of, definition..... Of tax to be made by Commissioner of Internal Revenue.. Of tax against withholding agent, deferred until agent makes return...... p. 8 189 p. 9 When to be paid...... p. 9 p. 9 Corporation- ASSETS, CAPITAL: Change in book value by annual adjustment on books, that value to Change in book value by reappraisal, gain or loss, how computed... Loss from sale of, how ascertained... Sale of corporation, net income from, how determined.. ASSOCIATION: Charitable, exemption, when.. Making false return, penalty for....... Mutual, domestic building, etc.. Neglecting to make return, penalty for.. Net income of, preceding calendar year, normal tax on. Operating under "Lodge system," defined... Refusing to make return, penalty for............... Religious, exemption.... Return of, when available.. Scientific, exemption, when.... Article. P. 13 p. 12 p. 13 p. 12 p. 12 89 p. 12 p. 13 p. 21 p. 13 p. 24 pp. 22, 23 32 Taxes to be assessed by Commissioner of Internal Revenue, when, section To make list or return of taxes, how, when, section 3173.. AUTHORS: Earnings of, indefinite or irregular, not subject to withholding at source.. Allowing interest on deposits, not to withhold tax from.. 67 Deductible status of taxes assessed against stockholder, paid by. 154 p. 20, art. 149 Taking coupons for collection, originated or payable in the United States, 39 MUTUAL SAVINGS— Having capital stock represented by shaies, exempt from tax.... BENEFICIARIES: Exemption from tax may be claimed by, from fiduciaries.. p. 12 74 Interest received by, from insurance companies on insurance contract, May be required of licensee for collection of foreign items.. BONDS, ETC.: Of corporations, etc.- Income from, subject to withholding at source, regardless of amount. Of corporation subject to examination, by whom, for what, result..... 186 4 4 P. 13 56 |