SIXTXTNINTH CONGRESS. Sess. I. Cn. 27. 1926. 31 (1) Interest other than that derived from sources within the Ot{;*§j¤*gré{—¥· United States as provided in paragraph (1* of subdivision Qs); ' (2) Dividends other than those demved flrom sources within the °°h•*’d“’*¤•¤*¤d¤· United States as provided in paragraph (2) of subdivision (a); (3;-I Ctoympegsgmon for labor or personal services performed with- U;g*@§’g'éL;‘g “**’*°¤* out t e Unite tates· ` (4) Rentals or royalties from property located without the United W§'§§\§§·{T‘;l§§_QQ€§;J§,fé· States or from any interest in such property, including rentals or ° royalties for the use of or for the privilege of using without the United States, patents, copyrights, secret processes and formulas, good will, tralde-marks, trade brands, franchises, and other like propertws; an 1 (i)dGaiEi}; p1;o1fite6 arndd gitccime from the sale of real property w§f0‘§t§§§f§ 5;;*};; ocae wi u e me aes. (d) From the items of gross income specified in subdivision {c) ,§:§‘j,§{‘,§§§€§$_§‘;§§§ there shall be deducted the expenses, losses, and other deductions b¤<i¤<i¤¢¤¢¤- properly apportioned or allocated thereto, and e ratable part of any expenses, osses, or other deductions which can not definitely be _ allocated to some item or class of gross income. The remainder, ¤c{z§¤"Q§§,‘§gf"°‘°“‘°"““ if] agy, shglé be treated in full as net income from sources without t e nite tutes. (e) Items of income, ezrpenses, losses and deductions, other ,,,,’;§’,‘Q;2i‘;{‘gi’,$,“`$i[§$ than those speci ed m subdivisions (s) and (c{, shell be allocated °“*‘~¤**°d sims- or apportioned to sources within or without the lmted States under rules and regulations prescribed by the Commissioner with the up- F proval of the Secretary: Where items of gross income are selparate y .m”§,”§T Umm S°“°°° allocated to sources within the United States, there sbal be de- ducted (for the purpose of computing the net income therefrom) the expenses, losses and other deductions properly apportioned or allocated thereto and a ratable part of other expenses, losses or other deductions which can not definitely be allocated to some item or class of gross income. The remainder, if any, shall be included in full as nct income from sources within the United States. In m?ESh:.2eY;r$i{¤:¤n£P` the case of gross income derived from sources partly within and part? without the United States, the net income may first be com· pute ( by deducting the expenses, losses or other deductions appor- tioned or allocated thereto and a ratable part of any expenses, osses or other deductions which can not defimtely be allocated to some D items or class of gross income; and the dportxon of such net income u¤i33EEiZ’¤°iii§¤`iii¤Yt attributable to sources within the Unite States may be determined lgy processes or formulas of general apportionment prescribed by the mm mmmmm omrnissioner with the approval of the Secretary. Qams, profits md Oiummm. and mcome from (1) trans rtatmn or other services rendered partly within and partly witmmt the United States, or (2) from r§¤¤¤· ¤{"&¢;;¤¤:;¤{ the sale of persona property produced Sn whole or in part) by i°·x¤E$:€ the taxpayer within and sold wi bout the nited Stateslor produced (1n whole or in part) by the ta ayer without and sold within the United States, shall be treated aggerived partly from sources within Mmm md me M and partly from sources without the United States. Gains, profits mzwmnpmpmy. and income derived from the purchase of personal plroperty within and its sale without the United States or from *1: e purchase of personal property without and its sale within the Uruted States, shall treated aszdemved entrrely from sources wxthm the country EXMMMI in wluch sold, except that gems, profits_aud mcome derived from the purohyse of personal profperty wrthm the Umted States and its sale within a possession o the Umted States or from the pur- chase of personal properg within a pomession of the United States and its sale within t e nited States shall be treatedas derived pjartggi gem sources within and partly from sources f without the
- 115 tutes. u ‘
