Treasury Decisions Under Internal Revenue Laws of the United States, Volume 15, Issues 1745-1925U.S. Government Printing Office, 1915 |
From inside the book
Results 1-5 of 76
Page 12
... losses , and expenditures as he may deem expedient ; and the Commissioner of Internal Revenue , for the purpose of ascertaining the correctness of such return , or for the purpose of making a return when none has been made , is hereby ...
... losses , and expenditures as he may deem expedient ; and the Commissioner of Internal Revenue , for the purpose of ascertaining the correctness of such return , or for the purpose of making a return when none has been made , is hereby ...
Page 20
... losses of the association , but nothing herein shall forbid agreements with shareholders who pay full par or ma- turity value of shares in advance , whereby they may waive participation in the gen- eral profits of the association in ...
... losses of the association , but nothing herein shall forbid agreements with shareholders who pay full par or ma- turity value of shares in advance , whereby they may waive participation in the gen- eral profits of the association in ...
Page 21
... loss or insolvency , provided that the issue is incidental to the main business of the association and is intended to provide a fund from which loans may be made to the holders of installment stock . To this extent and for this purpose ...
... loss or insolvency , provided that the issue is incidental to the main business of the association and is intended to provide a fund from which loans may be made to the holders of installment stock . To this extent and for this purpose ...
Page 5
... losses actually sustained during the year , in- curred in trade or arising from fires , storms , or shipwreck , and not compensated for by insurance or otnerwise ; fifth , debts due to the taxpayer actually ascertained to be worthless ...
... losses actually sustained during the year , in- curred in trade or arising from fires , storms , or shipwreck , and not compensated for by insurance or otnerwise ; fifth , debts due to the taxpayer actually ascertained to be worthless ...
Page 13
... loss or burden upon such State , Territory , or the District of Columbia , or a politi- cal subdivision of a State or Territory ; but this provi- sion is not intended to confer upon such person or cor- poration any financial gain or ...
... loss or burden upon such State , Territory , or the District of Columbia , or a politi- cal subdivision of a State or Territory ; but this provi- sion is not intended to confer upon such person or cor- poration any financial gain or ...
Other editions - View all
Common terms and phrases
act of October adhesive stamp affixed aforesaid amount annual sales exceed Approved assessed authorized bank bills of lading bonds brokers capital stock cents certificates charged cigars claimed collection collectors of internal Commissioner of Internal companies or associations corporation coupons court dealers debtor December deduction distiller district dividends exceeding exemption fiduciary filed fiscal foreign Form gross income hereby income tax indebtedness insurance companies interest Internal Revenue internal-revenue issued joint-stock companies liable liqueurs list return manufacturer ment net income nonresident aliens normal tax October 22 OFFICE OF COMMISSIONER oleomargarine organized packages paragraph payment penalty person plaintiff premium prescribed profits promissory notes receipt received regulations required by law retail returns of annual Schedule Secretary sold special tax spirits stamp tax statute Stomach Bitters tax imposed taxable thereof tion tobacco Treas TREASURY DEPARTMENT United W. G. MCADOO W. H. OSBORN Washington wine withholding agent
Popular passages
Page 127 - Civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare...
Page 4 - Gross income" includes gains, profits, and income derived from salaries, wages, or compensation for personal service, of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property, whether real or personal, growing out of the ownership or use of or interest in such property...
Page 5 - The proceeds of life insurance policies paid to individual beneficiaries upon the death of the insured; the amount received by the insured, as a return of premium or premiums paid by him under life insurance, endowment, or annuity contracts, either during the term or at the maturity of the term mentioned in the contract or upon surrender of the contract...
Page 174 - ... every person, firm, or company having a place of business where credits are opened by the deposit or collection of money or currency, subject to be paid or remitted upon draft, check, or order, or where money is advanced or loaned on stocks, bonds, bullion, bills of exchange, or promissory notes, or where stocks, bonds, bullion, bills of exchange, or promissory notes are received for discount or for sale...
Page 16 - ... shall be entitled to include in deductions from gross income amounts repaid to policyholders on account of premiums previously paid by them and interest paid upon such amounts between the ascertainment thereof and the payment thereof...
Page 15 - Such net income shall be ascertained by deducting from the gross amount of the income of such corporation, joint stock company or association, or insurance company, received within the year from all sources, (first) all the ordinary and necessary expenses actually paid within the year out of income in the maintenance and operation of its business and properties...
Page 13 - There shall not be taxed under this title any income derived from any public utility or from the exercise of any essential governmental function accruing to any State, Territory, or the District of Columbia, or any political subdivision of a State or Territory...
Page 291 - An Act to provide for the registration of, with collectors of internal revenue, and to impose a special tax upon all persons who produce, import, manufacture, compound, deal in, dispense, sell, distribute, or give away opium or coca leaves, their salts, derivatives, or preparations, and for other purposes...
Page 127 - That nothing in this section shall apply to mutual savings banks not having a capital stock represented by shares...
Page 25 - That all administrative, special, and general provisions of law, including the laws in relation to the assessment, remission, collection, and refund of internal-revenue taxes not heretofore specifically repealed and not inconsistent with the provisions of this section, are hereby extended and made applicable to all the provisions of this section and to the tax herein imposed.