Sixteenth Amendment - Income Tax

SIXTEENTH AMENDMENT

INCOME TAX

CONTENTS

• Income Tax
  • History and Purpose of the Amendment
  • Income Subject to Taxation
    • Corporate Dividends: When Taxable
    • Corporate Earnings: When Taxable
    • Gains: When Taxable
    • Income from Illicit Transactions
    • Deductions and Exemptions
    • Diminution of Loss

Last modified: June 27, 2012