INDEX. oxlr Income Tax, _Tz'tle II, Revenue Act of 1921- PHG- Income Tax, Title II, Revenue Act of 1921- Pure. Continued. Continued. no deductions allowed; from life interest, personal service corporations not subject etc., acquired by gift, etc.,restricted . 242 to income tax ... 245 credits allowed for normal tax; tax paid individual stockholders of, taxed as for · dividends _____,,.., : ._. ,__. , ,,,,.,. 242 partnerships ,_,_,,.,,,,,,,. 245 rnterost on l·cdcr·al securities, etc . . 243 accounting b distributees of amounts personal exemption of Sl,000 for a. single received; undistributed income 245 person 243 provisions terminate December 31, 1921 . 246 $2,500 for head of family; $2,000 if division of tax fornscal year endingin income of husband wife exceed 1922 __,___________________________ 246 $5,000 ··--- 243 estates and trusts subject to normal and additional for minors and dependents; surtnx on income ___,______________ 246 $400 68Ch .. 243 received during the administration- 246 for nonresident aliens, etc., $1,000 243 accumulations in trust, etc., held for status of taxpayer; in case of death . . . 243 future disu-ibution ,,,,,,,,,,________ 246 income of nonresident aliens, etc .. 243 periodical distribution, and under genitems of dgross income deemed from em,] direction ______,,,,,,,,,____,__ 246 Unite States sources; interest on responsibility of fiduciary for returns 246 bonds, etc, of residents; exceptions. 243 computation of net income as for indidividends from corporations; from viduals ... 246 United States sources of foreign cor- allowance for gifts, etc., without limporations .. 243 itation , 246 personal services in the United States. 244 statements of shares of distributees ,. 246 rentals, royalties, etc., from property payment of tax by iiduciaries; deducin the United States ... 244 tions and credits allowed ... 246 sages of real property in the United 2 on periodical distgbution to benefitatee . . .. 44 ciaries, etc.; cre 'ts . . . 246 deductions of expenses, losses, etc., computation of, included with other from foregoing to constitute net income 247 income 244 allowance for distribution to benefiitems treated as from sources without the ciaries . 247 United States; interests other than included in net income of benefifrom United States sources. . 244 ciaries . . ... 247 dividends from other than United profit sw trusts for employees not States corporations, etc 244 dedu .. 247 rentals, royalties, etc., from property corporations formed to accumulate gains, without the United States. 244 etc., to prevent surtsx on stocksales of real property without the holders . .. _ . 247 United States ,,,,,,,,,.,,,,,.. 244 tax imposed in addition to corporation after deduction of expenses, etc., re- · tax ... 247 mainder deemed net income from tax on individual shares of net income without the United States. 244 permitted in lieu of . 247 apportionment of items within and evidence of purpose, of a mere holding without the United States. 244 company, etc. . . . I ... . 248 from sources allocated to the United rmissi le accumulations . 248 States ,_._,,,,,_,.,.,.,... 244 ggtsiled statements of gains, etc., refrom sources partly within and partly quired ..- ; -------.. 248 without the United States . 244 payment of tax at source of income of nondetermination of income without the resident aliens; exception ,. ,... 248 United States . 244 me imposed ..--- . . 248 gains, etc., tileated partly within ang guterestto omg, 248 l wit out· transportation an y corpora ions guaran mg rn e gilligryeervices, i ,,,... . 245 HSS {TOM tax ...·.- 248 sales of property produced within and rate, €t¢ ..··.·.--.----------- 248 sold without, or produced without interest of unknown owners .. : 248 and sold within ... 245 exception of crtrzen or nonresident gains, etc., treated as from country iile n0t1ce of claim for credits, etc. . . 248 where sold if purchased within and returns, etc., required; lrabrhty, indemsold without; or sold within and 1{1fi¢¤t10¤,€¤€ ------ . ·--·---... 1.. 249 pm-chased without ,,_,,,,,,,____ , , _ _ 245 recipient to make returns of guch m- interclmngeable meaning of W0l‘dS ... 245 _ C0m9· ·_ ----·--—· _ - ; ---·~·--·---·-·- 249 retruns to be filed of all income from if tax paid by recrprent, not recover- United States sources .. 245 able from wrthho drng agent - .. 249 personal exemptions claims may be credit for mcome,_ etc., taxes paid by cititiled with withholding agent . .. 245 zens to foreign country, etc .,. . . 249 collection, etc., on failure 1. . . . . 245 by residents, to United States possespartnerships; tax levied only OD 1¤d1V1d· UIQ!-IB ···· ; ···-------·-- ; -·----·.--- 249 uals constituting . : . 245 by alrenresrdents, to foreign country; Computation of ghgrgg of net lDCOm€ Oi- 245 CODdl[l0l1. . . . _ . - : .. 249 credits from rsonal exemptions, etc. 245 by partners, trust_beneficranes, etc., to computation oiwnet income; grits, etc., foreign c0¤m§¤n9¤-._ . . ... 249 ,;,0; deducted , ,,,,,.. , .. . . 245 exceptions and limitations .. 249
