The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-01-04
INCOME TAX RULES
ISSUED BY M'ADOO
- ,
Forms Are Prescribed for Filing
Net Amounts to BE
Collected.
TIME LIMIT Is EXTENDED
Monthly List Returns on For
eign Issues May Be Made
on January 20.
TIME LIMIT Is EXTENDED

WASHINGTON. Jan. 3.---Two income tax
regulations were issued to-day by the
Commissioner Of Internal Revenue with
the approval of the Secretary Of the
Treasury The first prescrihcs forms on
which returns for net incomes should be
made
The second provides for ian extension
OF time for fling monthly list returns by
the first bank or collection agency receiv-
Ing coupons or Interest orders for collec-
ton when not accompanied by certificate
OF ownership and monthly list return re-
quired TO be filed by licensed bank or
collection agency collecting incomes from
bonds. Sc. issued In a foreign country in
accordance with the requirements of sec
ton Of the act Of October 3, 1913"
The former regulation follows
THE forms numbered and described be-
low IN addition to those previously APP
proved are prescribed by this Department
for the purposes indicated in connection
with the administration of the Federal in
come tax ,section 2 OF the act of Octo-
Der 3. 1919:
Forms numbered 1880. 1881. lo32
1893. 1884 and 1895 are to lie used by cor
pora:.ons &. making .hc!r returns CT AZ
nuai net incomes as follows:
Form 1880. by insurance companies !:
1881 banks and other financial institu-
lions tClass Al 1882. public service cor
porations tCIass c. 1888. manufacturing
corporations; 1884. mercantile corpora
tons tClass D) 1885. miscellaneous cor
poraticns Glass ~.
Form, for Personal Returns.
Form 1910. by individuals or their duly
authorized agents in making the personal
return OF annual net income.
Form lOil by fiduciaries in making
returns OF annual net income in behalf Of
their benehciaries and AS Withholding
agents.
Form 1oi2 is the annual list return ~
Withholding agents OF taxes withheld by
them on income other than that derived
from corporate obligations.
mo. 1913 is a monthly list return Of
taxes withheld on foreign income by IL
censed banks or collecting agents.
mo. l0<3-A Is the annual list return
to be made by licensed banks and collect
ing agents OF taxes withheld 10y them dur
ing the year on foreign items,
mo. l0ii is IA monthly liz; return OF
taxes withheld 10y the first bank or col
lecting agency receiving coupons or inter
est orders not accompanied by certificates
OF orders.
Form l0&t-A is the annual list return
Of taxes withheld during the year by the
first bank or collecting agency receiving
coupons OF interest, order not accompanied
by certificates of owners.
For Assessing Corporations.
Form 23-A will be used by collectors
in listing for assessment the corporations
showing net income upon which the tax
IL to be computed. this form to be pre-
pared In duplicate.
Form 23-B will bc used by collectors IN
listing for assessments Withholding agents.
fiduciaries. &c. and individuals who re-
turn n taxable income"
This was the other regulation:
''rhe time for filing he taJ monthly list
return required OF the first bank or col
lect'ng agency accepting coupons or in
terest orders for collection when not ne
by certificate Of ownership
and the CD monthly list return required
of licensed banks or collecting agencies
collecting incomes from bonds, &c. is
sued in foreign country a. provided in
Treasury decision 1887, pages 2 and s
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"