Tax Law of the State of New York: Being L. 1909, Chap. 62, Entitled "An Act in Relation to Taxation, Constituting Chapter Sixty of the Consolidated Laws," with All Amendments to the End of the Legislative Session of 1922Baker, Voorhis & Company and M. Bender & Company, 1921 - 314 pages |
From inside the book
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Page 13
... deduction from the full value of all his taxable personal property to the extent of the just debts owing by him but no such deduction shall be allowed by reason of the indebtedness of the owner contracted or incurred in the pur- chase ...
... deduction from the full value of all his taxable personal property to the extent of the just debts owing by him but no such deduction shall be allowed by reason of the indebtedness of the owner contracted or incurred in the pur- chase ...
Page 15
... deducting the assessed value of its real estate , and all shares of stock in other corporations actually owned by such company which are taxable upon their capital stock under the laws of this state , shall be assessed at its actual ...
... deducting the assessed value of its real estate , and all shares of stock in other corporations actually owned by such company which are taxable upon their capital stock under the laws of this state , shall be assessed at its actual ...
Page 23
... Deduction from special franchise tax for local purposes . 49. Special franchise tax not to affect other tax . § 20. Ascertaining facts for assessment . The assessors in each tax district shall annually , between January first and July ...
... Deduction from special franchise tax for local purposes . 49. Special franchise tax not to affect other tax . § 20. Ascertaining facts for assessment . The assessors in each tax district shall annually , between January first and July ...
Page 28
... deduction from the taxable value of their shares because of the personal in- debtedness of such owners , or for any other reason whatsoever . This section is not to be construed as an exemption of the real estate of banks or banking ...
... deduction from the taxable value of their shares because of the personal in- debtedness of such owners , or for any other reason whatsoever . This section is not to be construed as an exemption of the real estate of banks or banking ...
Page 30
... deducted from the gross amount of said tax before the same is distributed . In issuing their warrants to the collectors of taxes , the board of supervisors shall omit therefrom assessments of and taxes upon the shares of stock of banks ...
... deducted from the gross amount of said tax before the same is distributed . In issuing their warrants to the collectors of taxes , the board of supervisors shall omit therefrom assessments of and taxes upon the shares of stock of banks ...
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Tax Law of the State of New York: Being L. 1909, Chap. 62, Entitled an ACT ... New York,John T Fitzpatrick No preview available - 2016 |
Common terms and phrases
Added Added by L am'd am'd by L amount of tax application assessment-roll assessors bank or banking banking associations board of supervisors canceled capital stock centum certificate chap chapter charge clerk collection of taxes collector commissioners comptroller county treasurer court decedent deducted deemed determination duties effect Apr effect July entire net income entitled expenses filed fiscal franchise tax hundred dollars interest thereon joint stock company levied liable lien ment mortgage nineteen hundred nonresident notice owner paid parcel payable payment penalty person or corporation personal property prescribed purposes pursuant real estate real property receipt recording officer redeem redemption refund resident section one hundred section two hundred shares of stock special franchise specified statement subdivision surrogate tax commission tax district tax imposed tax sale tax-roll taxable taxpayer thereof thereto thousand dollars tion town trust unpaid taxes village warrant
Popular passages
Page 267 - If any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Page 245 - The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer...
Page 190 - ... are dependent upon contingencies or conditions whereby they may be wholly or in part created, defeated, extended or abridged, a tax shall be imposed upon...
Page 258 - Commissioner, for the purpose of ascertaining the correctness of any return or for the purpose of making a return where none has been made, is hereby authorized, by any revenue agent or inspector designated by him for that purpose, to examine any books, papers, records, or memoranda bearing upon the matters required to be included in the return, and may require the attendance of the...
Page 164 - A tax shall be and is hereby imposed upon the transfer of any property, real or personal, of the value of five hundred dollars or over, or of any interest therein or income therefrom, in trust or otherwise, to persons or corporations not exempt by law from taxation on real or personal property, in the following cases : 1. When the transfer is by will or by the intestate laws of this state from any person dying seized or possessed of the property while a resident of the state.
Page 245 - Whenever In the opinion of the Commissioner the use of Inventories is necessary in order clearly to determine the Income of any taxpayer, Inventories shall be taken by such taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice In the trade or business and as most clearly reflecting the Income.
Page 235 - paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the net income is computed under section 212 or 232. The deductions and credits provided for in this title shall be taken for the taxable year in which "paid or accrued
Page 243 - That for the purpose of ascertaining the gain derived or loss sustained from the sale or other disposition of property...
Page 218 - ... true or real full name or names of the person or persons conducting or transacting the same, with the postoffice address or addresses of said person or persons...
Page 225 - ... constitute a part of the proceedings upon which the determination of the court shall be made. The court may reverse or affirm, wholly or partly, or may modify the decision brought up for review.