5- INDEX Page I. GENERAL CHARACTERISTICS 1. Entities subject to tax 7 2. Tax on dividends paid 7 3. Elimination of tax on imputed interest 8 4. Direct credit for foreign taxes paid 9 5. Transactions in property other than cash 9 6. Amended returns 9 7. Interest on taxes paid in excess 9 8. Third-party responsibility 10 9. Statute of limitations 10 II. TAX ON COMBINED INCOME OF ENTERPRISES 10. Taxable income 10 11. Tax rates 10 12. Payment of the tax on combined income of enterprises 12 13. Calculation of taxes for enterprises with fiscal years 1964/1965 12 14. Dividend income 13 15. General requirements for deductibility 13 16. Non-deductible items 14 17. New non-deductible items 14 18. Capital gains 14 19. Installment sales 15 20. Depreciation and amortization 15 21. Accelerated depreciation 16 22. Loss carry-overs 17 23. Amortization of expenses in connection with the issuance of bonds 17 24. Amortization of leasehold improvements 17 25. Amortization of indemnities to workers 18 26. Deduction of deteriorated or obsolete merchandise 18 27. Deduction of bad debt losses 18 28. New deduction for creating or increasing funds for pensions or retirement 19 29. Deduction of rent and interest 19 30. Tax on occasional transactions 19 31. Tax on the gross revenues of foreigners 20 32. Revaluation of fixed assets or capital 20 III. TAX ON INCOME OF INDIVIDUALS A. TAX ON INCOME FROM PERSONAL SERVICES 33. Individuals subject to tax 21