A Surtax on Undistributed Profits as Affecting Mining Corporations ...

80 per centum adjusted basis adjusted net income amount applied capital cent Total Federal centum Commissioner complete liquidation computed credit provided current assets debt December 31 deduction depletion allowance deposit depreciation determined dividends paid credit domestic corporation earnings and profits earnings or profits excess excess-profits taxes extent fair market value February 28 Federal income tax finances foreign corporation funds gain or loss gross income Hoover included income from sources income tax paid industry interest mining companies mining corporation nomographs normal tax obligations operating paid Proportion accounted paragraph political subdivision prior property was acquired provided in section purposes received Revenue Act section 23 shareholders shares Sixteenth Amendment stock dividends stock or securities stockholders subsection subsidiaries surplus surtax depletion surtax on undistributed tax imposed tax on undistributed tax paid Proportion taxation taxpayer thereof tion Total Federal income trade or business transfer undistributed net income United war-profits Wash Sales