The Barre daily times. (Barre, Vt.) 1897-1959, 1914-01-05
Forms Are Prescribed for
Filing Net Amounts to
Be Collected
TIME LIMIT
IS EXTENDED
Monthly List Returns on
Foreign Issues May Be
Made on Jan. 20

Washington, Jan. 5.--Two income tax
regulations were issued Saturday by the
commissioner of internal revenue with
the approval of the secretary of the
treasury. The first preseribes forms on
which returns for net incomes should be
made.
The second provides for can extension
of time for filing monthly list returns
by the first bank or collection agency
receiving coupons or interest orders for
collection when not accompanied by GER
tihcate of ownership and monthly list
return required to be filed by licensed
bank or collection agency collecting IN
comes from bonds, ETC., issued in for
eign country in accordance with the re-
quirements of section two of the act of
October 3, 1913"
The former regulation follows:
"The forms numbered and described
below in addition to those previously APP
proved are prescribed by this department
for the purposes indicated in connection
with the administration of the federal
income tax (section two of the act of
October 3, 1919:
"Forms numbered 1890, 1881, 1892
1893, 1884 and 1895 are to be used by
corporations in making their returns of
annual net incomes as follows
Form 1890, by insurance companies;
1881 banks and other financial institu-
tions (class AZ; 1882, public service cor
porations tclass C); 1888, manufactur-
ing corporations; 1884, mercantile cor
porations tclass D.; 1895, miscellaneous
corporations tclass El.
Form 1910, by individuals or their
duly authorized agents in making the
personal return of annual net income.
Form l04l by fiduciaries in making
returns of annual net income in behalf
of their beneiieiaries and as withhold
ing agents.
Form 1912 is the annual list return
of Withholding agents Of taxes withheld
by them on income other than that de-
rived from corporate obligations.
"No. l043-A is the annual list return
to be made by licensed banks and col
lecting agents of taxes withheld by them
during the year on foreign items.
NO. l044 is a monthly list return of
taxes withheld by the first bank or col
Letting agency receiving coupons or IN
terest, order not accompanied by eerti-
fcates of owners.
Form 23-A will be used by collectors
in listing for assessment the corpora
tions showing net income upon which
the tax is to be computed, this form
to be prepared in duplicate.
Form 23-B will be used by collectors
in listing for assessments Withholding
agents, fiduciaries, etc, and individuals
who return taxable income"
This was the other regulati ton:
"The time for fling the (a) monthly
list return required of the first bank or
collecting agency accepting coupons or
interest orders for collection when not
accompanied by a certificate of owner
ship and the tbl monthly list return
required of licensed banks or collecting
agencies collecting incomes from bonds,
etc, issued in a foreign country as pro-
vided in treasury decision 1887, pages
five and eight, which are required to be
filed on the Goth day of the month next
succeeding that in which said items were
received, is hereby extended to January
20, 1914"