Proceedings of the ... Annual Conference, Volume 14The Association, 1922 Each volume beginning with volume 2, includes list of papers published in preceding volumes. |
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Common terms and phrases
acre administration adopted amendment amount assessed assessors bank shares bank stock basis believe bill bonds BULLOCK burden capital stock CHAIRMAN BLISS committee companies conference constitutional corporations cost deduction discussion districts excess profits tax expenditures fact farm forest gentlemen going Governor gross earnings HALLANAN Hampshire hundred imposed increase individual inheritance tax intangible intangible property interest invested land values legislation legislature levied limitation loss Massachusetts matter ment method million dollars moneyed capital municipal national banks National Tax Association net income North Dakota Ohio owner paid personal property poll tax present problem property tax provides public utilities purposes question railroads real estate resolution result revenue sales tax SECRETARY HOLCOMB securities selling session situation statute supreme court surtax tax commission tax commissioner tax rate taxa taxable taxpayer thing thousand dollars timber tion trust United valuation vote West Virginia Wisconsin York
Popular passages
Page 10 - Back of the beating hammer By which the steel is wrought, Back of the workshop's clamor The seeker may find the Thought ; The thought that is ever Master Of iron and steam and steel, That rises above disaster And tramples it under heel...
Page 405 - ... is invested for that purpose in securities by way of loan, discount, or otherwise, which are from time to time, according to the rules of the business, reduced again to money and reinvested. It includes money in the hands of individuals employed in a similar way, invested in loans, or in securities for the payment of money, either as an investment of a permanent character, or temporarily with a view to sale or repayment and reinvestment. In this way the moneyed capital in the hands of individuals...
Page 82 - It is removed, of each still, or worm, manufactured, sold, used, or exchanged under such regulations as the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, may prescribe.
Page 381 - ... that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such state...
Page 286 - If the rich regard the poor as, by a kind of natural law, their servants and dependents, the rich in their turn are regarded as a mere prey and pasture for the poor; the subject of demands and expectations wholly indefinite, increasing in extent with every concession made to them.
Page 80 - In cases under paragraph (1), (2), or (3) of subdivision (a) the tax shall be imposed upon the net income of the estate or trust and shall be paid by the fiduciary. except that in determining the net income of the estate of any deceased person during the period of administration or settlement there may be deducted the amount of any income properly paid or credited to any legatee, heir or other beneficiary.
Page 80 - Income received by estates of deceased persons during the period of administration or settlement of the estate; and (4) Income which, in the discretion of the fiduciary, may be either distributed to the beneficiaries or accumulated.
Page 189 - All taxes shall be uniform upon the same class of subjects within the territorial limits, of the authority levying the tax, and shall be levied and collected under general laws...
Page 286 - The total absence of regard for justice or fairness in the relations between the two, is as marked on the side of the employed as on that of the employers. We look in vain among the working classes in general for the just pride which will choose to give good work for good wages : for the most part, their sole endeavour is to receive as much, and return as little in the shape of service, as possible.
Page 81 - Secretary may prescribe a return made by one of two or more joint fiduciaries and filed in the office of the collector of the district where such fiduciary resides shall be sufficient compliance with the above requirement.