U.S. Constitution: Sixteenth Amendment

Sixteenth Amendment - Income Tax

Amendment Text | Annotations  

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

Annotations

• 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