 | United States. Court of Claims - 1929 - 762 pages
...1921, $23,333.32. Section 214 (a) of the revenue acts of 1918 and 1921 provides in part as follows : " That in computing net income there shall be allowed...including a reasonable allowance for salaries or other compensation for personal services actually rendered." Article 105 of Treasury Regulations #45 and... | |
 | United States. Court of Claims - 1929 - 868 pages
...254, " That in computing the net income of a corporation subject to the tax imposed by section 230 there shall be allowed as deductions : "(1) All the...including a reasonable allowance for salaries or other compensation for personal services actually rendered * * *." Opinion of the Court The same provision... | |
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 936 pages
...as a deduction, "All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable...compensation for personal services actually rendered," and concluded that, "In the circumstances the deductions claimed for compensation of officers and certain... | |
 | United States. Court of Claims - 1936 - 940 pages
...deduction for " all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, * * *." The reasonableness of the compensation... | |
 | Ewell D. Moore - 1919 - 44 pages
...INCOME. (Sec. 214). 1. All ordinary and necessary expenses paid or incurred during the taxable year in any trade or business, including a reasonable allowance...rendered, and including rentals or other payments necessary to the continued use or possession for the business or trade of property to which the taxpayer... | |
 | Alabama - 1919 - 1476 pages
...as deductions: (1) All ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries and other compensation for personal services actually rendered, and including rentals or other payments... | |
 | United States - 1920 - 1054 pages
...July 17, 1916, mentioned in the text, see 1918 Supp. Fed, Btat. Ann. 14. SEC. 214. Deductions allowed, (a) That in computing net income there shall be allowed...trade or business, including a reasonable allowance for salarie? or other compensation for personal services actually rendered, and including rentals or... | |
 | United States - 1920 - 1064 pages
...deductions: (i) All the ordinary and necessary expenses paid or incurred during the taxable year in For the purposes of this section a farmer or grower of tobacco shall not be regarded as a compensation for personal services actually Tendered, and including rentals or other payments required... | |
 | Irving National Bank, New York - 1920 - 150 pages
...taxable income? A. (1) Ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business including a reasonable allowance for salaries or other compensation for services actually rendered and including rentals or other payments required to be... | |
 | United States - 1921 - 642 pages
...Restriction, etc. Nonresident aliens. Gross income means from United States sources. Deductions allowed. SEC. 214. (a) That in computing net income there shall...including a reasonable allowance for salaries or other compensation for personal services actually rendered: traveling expenses (including the entire amount... | |
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All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered... 
