Page:United States Statutes at Large Volume 44 Part 3.djvu/1390

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2802 mnsx. Income Tag, i’;tZe,g§, Revenge Act of·1926·-6-— Pvt- Income Teac, Tile gl, Revenue Act of 1926- Plze. onxnu . _·. 4 onmu . deductione;taHowe•;§` inncompuigggi cor; life 00!D ,tI;?;l1£l:;!I.lB, ex- porionne iqcomeia one -· emp ons·r es es·e- to, other mutual colnpanies re- ceptions .'- -V- -: ........... ’ - - it- 48 _turmng premiums .... - 43 taxes paid, on interest of share- foreign corporations! of designated holders ......... - - - - - .......... 48 we item: Smag 43 all:-gene: for exhaustion of prop- 48 1 msno e V V V, y,ec ..... ,-4-- -..---.--.- 4--- individuals--, -, ---- --- ----. --4,4 43 inte t on debtsie ception ........ 48 credits igllgwed corpejxgtions; interest on 43 i;:;c?t§s3xgredit_ Bt(;0 1l;X;·l$it&tl0D. :8 _e era secun es------------- ` i Y non es es .... 8 domestic corporations; epecihci. of net jincome 5 of foreigln companies,

if, net income less han 43 iggzreskiusiness wrt in the Tnited 48

ums¢4ta¤44`4?`é£4eeu4` ` ` ‘43§`£i5,bbbZZIZ 43 insurance %13I4{4`1l§é E4} tax at jourczioialn of muttngl; tax on net income, do- 48 orei cor ra no ness Vmes VV ..4.-- .--.-.-...----.. --- d §·ith?r?thgf Sttaties.-.£ - -- 43 _ foregn, froxgelglngtfd States sources. 29 ction s . nee 4 rem oss_ come, .....--.- - .--. ,-- 9 net:] -a--·¢-··;···}•·--·'~qs--;·-—•·--- . defined--. .... _.-----,-.-- "°“‘°4Z“°°¥.i¤°3‘°n444"°“ °‘°" 44 “°‘i4"’°° "f4£f""‘”‘°“€4"i£’°°£§° ‘‘‘‘‘‘‘ 2*43

 rss _a _; V_V on--- un erwrr Vgrncome e ne ..... ---

redetermination r0{;l§¤¢! mid; !‘¤· premiums earned ,on insurance con- fund ........-. - - - - ...- ,,- --.- 44 tracts computed ..... - ..... A - - -_- - 49 if aceiuded but not paid; bfmd re- 44 allowance for Losses and expenses in- 49 lu .-4--ee ---- -·¢-·r·-4-+»-e··‘!····· culled -·-- e-ee ----- - —--·——- •·- ta; credits allowedin year ecqrued - 44 deductionsVallowed Vin computing net evicsnqetofxfnreisn inwmepetc-. rs- 44 ° { mu; oadgigy ¤¤1>¢¤¤¤¤ ---- ig nured-_ ..-.-. .,,.._--,.-,-· .-.--- n es on e ........-... ---- . domgtic ecgyorationg · 9. faxes paid---- .-...-....---.....

 eemed V vepax ax osses .-... .,-4 .-....-.-....-....-.

gm dividends- received _ there- 45 :&rthlegsd?ei:its-E .-.-.-. - -...--.. ro - ,--. ,-,-4,, ...--. - -..-- pai V vi en s ,...-..,........ limit oflzredit allowed-., - - - --.---- - 45 , exempt interest ....-- -4-- .---..... 50 determination 4 of accumulated allowance for exhaustion etc ....-. 50 pmsgi - ..581-ig ..f;)}é .(-6{ 45 specct;1fE°ra.ll0wance of $5,000; ex- 50 aeceun, , _ · .--.-.-- - ----------- » - - _ poratiorga. - ..- - - 4 4 -.-- 4- - - z 4 - - 45 4 f oreigul) corporations, from United corporations in United States pos- tatee sources .-.--. - .-.-.--.. 50 t gessijgzstoalgemed 4 fomigntg. -V. - - , addupliigiign forbidicgien ...--.- - - - -_ .... · romieorpora V ns .--. rmms ive rov ons .... - ..-..-.. mfxgne arzgnt of foreign"--,- -- - ··---- 45 sworn zeturnsrgquired by corporations from , utrxuetees, etc., Of; 901- 45 gf divideincds, names of stock- 50 cl es ....- 4, ..-- ---4- = olders,e .... ...- ..-.-...-.. -- accountingéfgg oft yest;. .*3.Bé 45 by bgokers, of business transacted; 50 stateme 4 4 4 ·0 c - ---...-.....-.----.-- appended-- - ----- -- ....- 1 --.- _» 46 returns to be made by all persons gaay- separséea or eonstelidated, by afiih- 46 ing annually to others $1,5 or 50 ¤ - 1*.- Q¤¤ ---—»—~------ ¤¤0¤‘9 -·--- - ·-—--·-----------—— cognputgtirgxg of consolidated as- 46 gyulllxgited States oilicials. -.-.... -- -- gi; •¤¤¤¤¤t• ···· ·-- ---. . .».-.---- e i req T ...--..-....----·--- ownershiv lwnstituting affiliated of interest oneorporation bonds, etc., corporation, ...--.-- z ..-.-.-- 46 regardless of amounts---- .--. - 51 China Trade corporations _not collection nf foreign dividends ..-... 51 deemed f0!‘g:§D -.-.. ~ -6 - - 46 name; and daddresses of recipients on 51 consolidation accoun 4 y m- emsn .-.-- - .------. » ...-.- miseioner. EST}- -*-8.3 gag ---- 46 obligaggns of United States ex- 51 tons 4 n' 4 , pos- - cep - .--------..-.--.----·- comm deemed foreign.- ..- - , - 46 tang returns to be public records-- - - - -- 51 time fortiiling; with collector of dis- 46 inspection _ {certified rl tri etc ..-..- ---4- ...- 4,-4-4-- -co ur · ee ..-.- .4 life insurgnce c?m§anieséctax_ on net 47 data 3}:%; to bssfngtxzished cbmmittees 51 come 0 omes ---------- DS1! ,-- ---··--·---—· 4 forlgign, from _ United _ States access of, to otheers of States, etc--- 51 sources _________ _ _, _ - _ ,, .. - .. - ...- 47 shareholders of corporations --..-. 5 1 gross income donned: -.-.. -4,..- --.--.. 47 punrshment for drvulgmg informa- '°°"4‘i§.'i 4%***** ""“"°é’4L’4’&4°"‘ 47 lit 44 %§.‘2‘3.E’4% °42§'°’§,‘2§’4°2z,‘i;.;r.;,;a 1,; 51 assessmen u --- s net ilncome; exemgtions, interest 011 _ _¢>H‘icee_0f collzctetr- --·.------- 52 State, etc., .o hptrons -..-.... 47 statistics of income, etc, taxes to be allowance for reserve fund --..-... -, 47 _ published annually-- - --.... - - - · ·· 52 tax paid dividends,_etc ........- :-_- 47 licenses required for co ectrng foreign ‘°“.¥"34 ‘“"" ‘°’ "°'°"°" """‘ 48 44444i‘2?£§§‘€z‘}$§‘42?$‘?§r4§E§;z;;; ar Zi en -......- - ...-.--.-.-.---. - investment expenses; limitations- 48 punishment for collecting without-- - 52