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Home > History and Archaeology > History > Digest of Revenue Act of 1918 for Income and Excess Profits Taxes; With Tables for Calculation of Tax and Chart of War Excess Profits Tax Zones
Digest of Revenue Act of 1918 for Income and Excess Profits Taxes; With Tables for Calculation of Tax and Chart of War Excess Profits Tax Zones

Digest of Revenue Act of 1918 for Income and Excess Profits Taxes; With Tables for Calculation of Tax and Chart of War Excess Profits Tax Zones


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 Excerpt: ...shall receive but one personal exemption of $2,000 against their aggregate net income; and in case they make sepa-rate returns, the personal exemption of $2,000 may be taken by either or divided between them, as they may agree. (d) $200 for each person (other than husband or wife) dependent upon and receiving his chief support from the taxpayer, if such dependent person is under 18 years of age or is incapable of self-support because mentally or physically defective; (e) In the case of a nonresident alien individual who is a citizen or subject of a country which imposes an income tax, the credits allowed in (c) (personal ex-emption) and (d) (for dependents) shall be allowed only if such country allows a similar credit to citi-zens of the United States not residing in such coun-try; (5) The Normal Income Tax; (6) The Surtax; (7) The total tax; Credits Against Tax: 165 (8) The following credits for tax paid (the sum of which is to be deducted from the total tax): (a) The amount of tax collected at the source; (b) (1) In the case of a citizen of the United States, the amount of Income, War Profits and Excess Profits Taxes paid during the taxable year to any foreign country, from income derived from sources therein, or to any possession of the United States; and (2) In the case of a resident of the United States, the amount of any such taxes paid during the taxable year to any possession of the United States, because in both (1) and (2) such income will have been included in the return; and (3) In the case of an alien resident of the United States who is a citizen or subject of a foreign country, the amount of any such tax paid during the taxable year to such country, from income derived from sources in the foreign country, if such country, in imposing such tax...


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Product Details
  • ISBN-13: 9781130842746
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 32
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1130842746
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 77 gr

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Digest of Revenue Act of 1918 for Income and Excess Profits Taxes; With Tables for Calculation of Tax and Chart of War Excess Profits Tax Zones
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