BASIS. (a) Dealers in personal property. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes of personal property on the installment plan may return as income therefrom... United States Code - Page 5134by United States - 1965Full view - About this book
| Philippines - 1986 - 492 pages
...Sales of dealers in personal property. — Under regulations prescribed by the Minister of Finance, a person who regularly sells or otherwise disposes...payments actually received in that year which the gross 3756 OFFICIAL GAZETTE 3757 profit realized or to be realized when payment is completed, bears to the... | |
| Nathan William MacChesney - 1927 - 960 pages
...(d) of the Act: Under regulations prescribed by the Commissioner with the approval of the Secretary a person who regularly sells or otherwise disposes...payments actually received in that year which the total profit realized or to be realized when the payment is completed, bears to the total contract... | |
| Eric Louis Kohler - 1927 - 618 pages
...section 226. (d) Under regulations prescribed by the Commissioner and with the approval of the Secretary, a person who regularly sells or otherwise disposes...payments actually received in that year which the total profit realized or to be realized when the payment is completed, bears to the total contract... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...INSTALLMENT SALES. Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes...payments actually received in that year which the total profit realized or to be realized when the payment is completed, bears to the total contract... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...approval of the Secretary, a person who sells or otherwise disposes of * * * property {whether real or personal property) on the installment plan may return...payments actually received in that year which the total profit realized or to be realized when the payment is completed, bears to the total contract... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes of property on the Installment plan may return as income...Installment payments actually received in that year which ine total profit realized or to be realized when the payment is completed, bears to the total contract... | |
| United States - 1928 - 268 pages
...Secretary, a person who regularly sells or otherwise disposes of personal property on the installment property on the installment plan may return as income...payment is completed, bears to the total contract price. (b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual... | |
| United States - 1928 - 1164 pages
...section 968. (d) Under regulations prescribed by the commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes...payments actually received in that year which the total profit realized or to be realized when the payment is completed, bears to the total contract... | |
| New York (State). Legislature - 1928 - 1122 pages
...law to the practice under the department regulations. Under Chapter 401, a personal income taxpayer who regularly sells or otherwise disposes of personal...payments actually received in that year which the total profit realized, or to be realized when the payment is completed, bears to the total contract... | |
| United States. Board of Tax Appeals - 1928 - 1560 pages
...provides as follows : Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly .sells or otherwise disposes...installment payments actually received in that year whicji the total profit realized or to be realized when the payment is completed, bears to the total... | |
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