American Federal Tax Reports, Volume 1Prentice-Hall, 1924 |
From inside the book
Results 1-5 of 100
Page 6
... deducted . By " profits " is meant net profits after deducting expenses and losses from whatever sources con- nected with the business . 2. RETURNS OF PROFITS - DEDUCTION OF LOSSES BY EMBEZZLEMENT . Where , for the years 1866 , 1867 ...
... deducted . By " profits " is meant net profits after deducting expenses and losses from whatever sources con- nected with the business . 2. RETURNS OF PROFITS - DEDUCTION OF LOSSES BY EMBEZZLEMENT . Where , for the years 1866 , 1867 ...
Page 7
... deducted from the returns of that year , so that , aside from the deduction of the state tax , the amount of its returns to the assessor was fully equal to all its profits for that year ; and that , in fact , the duty paid was greatly ...
... deducted from the returns of that year , so that , aside from the deduction of the state tax , the amount of its returns to the assessor was fully equal to all its profits for that year ; and that , in fact , the duty paid was greatly ...
Page 8
... deductions for expenses in carrying on the business , and losses of whatever nature to which it is exposed in the ... deduction for the state tax . The answer is not clear in its statements regarding the mode in which the state tax ...
... deductions for expenses in carrying on the business , and losses of whatever nature to which it is exposed in the ... deduction for the state tax . The answer is not clear in its statements regarding the mode in which the state tax ...
Page 17
... DEDUCTION OF OVERPAID AMOUNTS . In a suit by the United States for the recovery of taxes , the defendant is en- titled to a deduction of any amount admitted by the plaintiff to have been pre- viously overpaid , even though there is no ...
... DEDUCTION OF OVERPAID AMOUNTS . In a suit by the United States for the recovery of taxes , the defendant is en- titled to a deduction of any amount admitted by the plaintiff to have been pre- viously overpaid , even though there is no ...
Page 212
... DEDUCTION . An ordinary expenditure by a mutual life insurance company for re- newal of office furniture and equipment did not constitute assets , but was rather an expense of maintenance and operation , which it was en- titled to deduct ...
... DEDUCTION . An ordinary expenditure by a mutual life insurance company for re- newal of office furniture and equipment did not constitute assets , but was rather an expense of maintenance and operation , which it was en- titled to deduct ...
Other editions - View all
Common terms and phrases
36 Stat accrued Act Aug action amended amount applied assessed assets association attorney authority bank bonds capital stock Cent centum Circuit Court Circuit Judge claim collected Collector of Internal Commissioner of Internal Connecticut contract Corporation Tax December 31 deduction defendant Digests & Indexes District Court dividends fact franchise funds gross income Gulf Oil Corporation held income tax insurance company interest Internal Revenue joint-stock company judgment June 13 Key-Numbered Digests lease lessee lessor company liability loan McCoach ment mortgage net income operation organized paid pany payment plaintiff in error poration premiums profits Public Service Railway purchase purpose question Railroad Company Railway Company real estate receipts received recover revenue stamp shares statute stockholders suit surplus tax imposed Tax Law taxable taxation thereof tion topic & KEY-NUMBER trust U. S. Atty U. S. Comp United