EPARTMENT ERVICE INTERNAL REVENU STATISTICS OF COME PART 2 COMPILED FROM CORPORATION For sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C. DEPOSITED BY THE UNITED STATES OF AMERICA 8-3-54 LETTER OF TRANSMITTAL TREASURY DEPARTMENT, OFFICE OF COMMISSIONER OF INTERNAL REVENUE, Washington, D. C., June 10, 195. SIR: In accordance with the provisions of section 63 of the Inte Revenue Code, requiring the publication annually of statistics respect to the operation of the Federal income, war-profits, and ex profits tax laws, I have the honor to transmit herewith a report titled "Statistics of Income for 1950, Part 2," presenting data rela to income, deductions, assets, liabilities, exemptions, credits, tax lia ity, and dividends paid, as reported on corporation income tax retu and personal holding company returns for 1950 filed during 19 There is also included a synopsis of corporation income and pro tax credits, rates, and other provisions of the Federal tax laws. Respectfully, Hon. G. M. HUMPHREY, T. COLEMAN ANDREWS, Commissioner of Internal Revenue III |