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" 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... "
Higher Accountancy, Principles and Practice - Page 351
by William Arthur Chase - 1911
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Cases Decided in the Court of Claims of the United States, Volume 53

United States. Court of Claims - 1919 - 740 pages
...amount of the income of such corporation * * * 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, including all charges, such as rentals...
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Fire Insurance Laws, Taxes and Fees

1913 - 502 pages
...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, including all charges such as rentals...
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Annual Report of the Corporation Commission of the State of ..., Volume 11

Oklahoma Corporation Commission - 1918 - 588 pages
...the income of such corporation * * * * * 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. ***** "And on or before the first day...
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Hand Book of the United States Tariff Containing the Tariff Act of 1909 ...

Vandegrift, F.B., & Co - 1909 - 840 pages
...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, including all charges such as rentals...
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The Law of Taxation in Pennsylvania: To which is Added the Act of ..., Volume 2

Frank Marshall Eastman - 1909 - 552 pages
...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, including all charges such as rentals...
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The Tariff Act of August 5, 1909, on Imports Into the United States

United States - 1909 - 184 pages
...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, including all charges such as rentals...
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - 1909 - 612 pages
...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, including all charges such as rentals...
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An Act to Provide Revenue, Equalize Duties and Encourage the Industries of ...

United States - 1909 - 140 pages
...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, including all charges such as rentals...
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Corporation Laws of the State of California

California - 1909 - 912 pages
...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, including all charges such as rentals...
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Customs Tariff Act of August 5, 1909, Revised to March 1, 1910, with ...

United States, R.F. Downing & Co, Downing (R.F) & Co - 1910 - 802 pages
...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, including all charges such as rentals...
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