ADDITIONAL ESTATE TAX

See "Deficiency of Estate Taxes."
Assessment, § 937.
Collection, § 937.
Credits against, § 936.
Payment, § 937.

Rates, § 935.

ADDITIONAL INCOME TAXES

See "Excess Profits Taxes"; "Personal Holding
Companies"; "Deficiency of Income Taxes."

ADDITIONS

Nondeductibility of amounts expended for, § 24 (a)
(2).

ADDITIONS TO TAX

See "Deficiencies of Estate Taxes," etc.

See "Interest"; "Penalties."

Closing of taxable year, § 146 (f).

ADDRESS

Deficiency notice.

Estate taxes, § 871 (a) (1).

Gift taxes, § 1012 (j).

Income taxes, § 272 (k).

ADJUSTED BASIS FOR DETERMINING GAIN
OR LOSS

Adjusted basis, § 113(b).

Basis established by Revenue Act of 1932, § 113
(a) (12).

Basis established by Revenue Act of 1934, § 113 (a)
(16).

Capital structure before September 22, 1938, § 113

(b) (4).

Discharge of indebtedness, § 113 (b) (3).
General rule, § 113 (b) (1).

Gifts after December 31, 1920, § 113 (a) (2).
Gifts before January 1, 1921, § 113 (a) (4).
Inventory value, § 113 (a) (1).

Involuntary conversion, § 113 (a) (9).
Partnerships, § 113 (a) (13).

Property acquired as paid-in surplus, § 113 (a) (8).
Property acquired before March 1, 1913, § 113 (a)
(14).

Property acquired by issuance of stock, § 113 (a) (8).
Property acquired by railroad corporation, § 113 (a)
(20).

Property acquired by shareholder in corporation, § 113
(a) (19).

Property acquired by state, suburban, or interurban
electric railway corporation, § 113 (a) (21).
Property acquired during affiliation, § 113 (a) (11).
Property acquired in exchanges and distributions
ordered by S. E. C., § 113 (a) (17).

Property acquired on certain reorganizations, § 113
(a) (22).

Property on which lessee has made improvements,
§ 113 (c).

ADJUSTED BASIS FOR DETERMINING GAIN
OR LOSS-Cont.

Property received by corporation on complete liqui-
dation of another, § 113 (a) (15).

Property received in certain corporate liquidations,
§ 113 (a) (18).

Property transmitted at death, § 113 (a) (5).
Substituted basis, § 113 (b) (2).

Tax-free exchanges generally, § 113 (a) (6).

Transfer in trust after December 31, 1920, § 113 (a)
(3).

Before January 1, 1921, § 113 (a) (4).
Transfers to corporation, § 113 (a) (7).
Wash sales of stock, § 113 (a) (10).

ADJUSTED BASIS OF EMERGENCY FACILITY

Determination of, § 124 A (e).

ADJUSTED CORPORATION SURTAX NET IN-
COME

Life insurance companies, § 203 (a).

ADJUSTED EXCESS PROFITS NET INCOME

See same subject under "Excess Profits Taxes."

ADJUSTED GROSS ESTATE

Computation, § 812 (e) (2).

ADJUSTED GROSS INCOME

Definition, § 22 (n).

ADJUSTED NET INCOME

Corporations, § 13 (a) (1).

Definition, § 203 A (c).

Required interest, § 203 A (d).

ADJUSTED NORMAL TAX NET INCOME

Definition, § 202 (a), 203 A (a).

For 1951 and 1952, 203 A (a).

Life insurance companies, § 202 (a).
Reserve interest credit, 203 A (b).

ADJUSTED RESERVES

Life insurance companies, § 201 (c) (3).

ADMINISTRATION

Estates and trusts, during period of, § 162 (c).
ADMINISTRATION EXPENSES

Deductibility from gross estate, § 812 (b) (2).
Property subject to, § 812 (b).
ADMINISTRATIVE PROVISIONS
Gift taxes, § 1028.

Laws made applicable, § 61.

Personal holding companies, § 508.
Publication of statistics, § 63.
Rules and regulations, § 62.
Unjust enrichment tax, § 702.
ADMINISTRATIVE REVIEW
Commissioner's decisions, § 3790.

ADMINISTRATOR

See "Executor."

ADMISSIBLE AND INADMISSIBLE ASSETS

See same subject under "Excess Profits Taxes.'

BAD DEBTS-Cont.

Interest in case of overpayments involving, § 3771 (d).
Recovered, income taxes, § 22 (b) (12).
Refunds and credits, § 322 (b) (5).

Statute of limitations in respect of refunds on account

of, § 322 (b) (5).

BANKRUPTCY AND RECEIVERSHIP

Corporation, § 13 (e).

Returns, § 52.

Gift taxes, § 1015 (a), (b).
Income taxes, § 274 (a), (b).
Interest, § 298.

Reorganization in, § 112 (b) (10).

BANKS AND TRUST COMPANIES

Affiliate, § 26 (d).

Bond losses, § 117 (i).

Definition, § 104 (a).

Dividends paid by banks, § 23 (r).

Rate of tax, § 104 (b).

BASE PERIOD

See same subject under "Excess Profits Taxes."

BASIC SURTAX CREDIT

Definition, § 27 (b).

BASIS

Adjusted, § 113 (b).

Adjustment of capital structure before September 22,
1938, § 113 (b) (4).

Depletion, § 114 (b).

Discovery value in case of mines, § 114 (b) (2).
Depreciation, § 114 (a).

Established by Revenue Act of 1932, § 113 (a) (12).
Established by Revenue Act of 1934, § 113 (a) (16).
Exchanges and distributions under orders of S. E. C.,
§ 372.

Gain or loss. See "Gain or Loss."'

Obsolescence, § 114 (a).

Percentage depletion, § 114 (b) (4).

Property acquired by corporation in certain reorgan-
izations, § 113 (a) (22).

Property acquired bp railroad and railways, §§ 113 (a)
(20), (21).

Recovered property on which war losses sustained,
§ 127 (d).

Substituted, § 113 (b) (2).

BENEFICIARY

BETTERMENTS

Deductibility of amounts expended for, § 24 (a) (2).

BETTING

Losses, § 23 (h).

BLIND INDIVIDUALS

Deduction from gross income, § 23 (y).
Definition, § 23 (y) (2).

BOARD OF TAX APPEALS

See "Tax Court of the United States."'

BOARDS OF TRADE

Exempt from income tax, § 101 (7).

BOND PREMIUM

Amortization of

Adjustment of credit where interest partially ex-

empt, § 125 (a) (3).

Amount amortizable, § 125 (a) (2).

Amount of bond premium, § 125 (b) (1).

Definition of bond, § 125 (d).

Election and bonds in respect of which election per-
mitted, § 125 (c) (1).

Election on taxable and partially taxable bonds,
§ 125 (c).

General rule, § 125 (a).

Interest wholly exempt, § 125 (a) (2).

Interest wholly or partially exempt, § 125 (a) (1).
Manner and effect of election, § 125 (c) (2).
Method of determination, § 125 (b) (3).

BONDED

Losses of banks, capital gains and losses, § 117 (i).
BONDS

Amortization of bond premium, § 125 (a).
Bank losses on, § 117 (i).
Capital gain or loss, § 117.
Definition, § 125 (a).
Jeopardy assessment of

Estate taxes, § 872 (f).
Gift taxes, § 1013 (f), (g).
Income taxes, § 273 (f).

Tax free covenant, § 143 (a).

BONUS PLANS

Deductibility of contributions to, § 23 (p).
Exemption of, § 165 (a).

BOOKS AND RECORDS

Examination of, §§ 3614, 3615, 3631.

Failure to produce, § 3616.

Production of, in case of distraint, § 3711.
Summons to produce, § 3615.

BORROWED CAPITAL

See same subject under "Excess Profits Taxes."
BRIDGES

Acquired by state or political subdivision, § 116 (e).
BROKERS

Returns of information by, § 149.

BUILDING AND LOAN ASSOCIATIONS
Exempt from income tax, § 101 (4).

CAPITAL EXPENDITURES

Added to leases, § 113 (b).

Circulation expenses, §§ 23 (bb), 451.
Good will, §§ 23 (bb), 451.
Not deductible, § 24 (a) (2).

CAPITAL GAINS AND LOSSES
Alternative taxes, §. 117 (c).

Corporations, § 117 (c) (1).
Other taxpayers, § 117 (c) (2).

Bonded, etc., losses of banks, § 117 (i).
Capital assets defined, § 117 (a) (1).

Capital loss carry-over, § 117 (e).

Method of computation, § 117 (e) (1).

Rule for capital loss carry-over from 1941, § 117

(e) (2).

Coal sales, § 117 (k).

Collapsible corporation, § 117 (m).

Dealers in securities, § 117 (n).

Definition, § 117 (a).

Determination of period for which held, § 117 (h).

Gains and losses from short sales, etc., § 117 (g).
General rule, § 117 (j) (2).

Involuntary conversions, 117 (j).

Land with unharvested crop, § 117 (j) (3).
Limitation on capital losses, § 117 (d).
Corporations, § 117 (d) (1).

Other taxpayers, § 117 (d) (2).

Long-term capital gain defined, § 117 (a) (4).
Long-term capital loss defined, § 117 (a) (5).
Net capital gain defined, § 117 (a) (10).
Net capital loss defined, § 117 (a) (11).
Net long-term capital gain defined, § 117 (a) (8).
Net long-term capital loss defined, § 117 (a) (9).
Net short-term capital gain defined, § 117 (a) (6).
Net short-term capital loss defined, § 117 (a) (7).
Partnerships, § 183 (b) (1).

Percentage taken into account, § 117 (b).

Property used in the trade or business defined, § 117
(j) (1).

CARRYING CHARGES

Adjustment for, § 113 (b) (1).
Nondeductibility, § 24 (a) (7).

CATASTROPHE

In base period, § 459 (b).

CEMETERY COMPANIES

Exempt from income tax, § 101 (5).

CERTIFYING AGENCY

Definition, § 450 (b).

CHAMBERS OF COMMERCE

Exempt from income tax, § 101 (7).

CHANGE

Accounting method, § 44 (c).
Accounting period, § 46.

Inventory method, § 22 (d).

Status as affecting personal exemption, § 25 (b) (3).
Withholding exemption certificates, § 1622 (h).

CHANGE IN PRODUCTS OR SERVICES

See same subject under "Excess Profits Taxes."