 | United States. Court of Claims - 1928 - 760 pages
...* * such net income shall be ascertained by deducting from the gross amount of its income received within the year from all sources, first, all the ordinary...maintenance and operation of its business and properties * * *." Under this statute, which is applicable to the 1917 taxes, salaries of officers were allowed... | |
 | United States. Court of Claims - 1929 - 762 pages
...reasonable allowance- for salaries or other compensation for personal services actually rendered, and including rentals or other payments required to be...condition to the continued use or possession of property Opinion of the Court to which the corporation has not taken or is not taking title, or in which it... | |
 | United States. Court of Claims - 1929 - 868 pages
...provisions of which plaintiff paid its taxes for 1914, 1915, and 1916, authorized the taxpayer to deduct " all the ordinary and necessary expenses paid within...the maintenance and operation of its business and property." The evidence discloses that the large manufacturers and retailers would not contract to... | |
 | United States. Court of Claims - 1925 - 828 pages
...and paid during the year 1917, after the beginning of the war, and also paid in 1918, constitute " ordinary and necessary expenses paid within the year...in the maintenance and operation of its business" (act of 1916). or "ordinary and necessary expenses paid or incurred during the taxable year in carrying... | |
 | United States. Court of Claims - 1919 - 740 pages
...be ascertained by deducting from the gross 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,... | |
 | 1923 - 1092 pages
...Under Income Tax Act Sept. 8, 1916, f 12a (Comp. St { 63361), authorizing deduction by a corporation of "all the ordinary and necessary expenses paid within the year in the maintenance and operation of it* business and properties, including rentals or other payments required to be made as a condition... | |
 | 1921 - 1056 pages
...Digests & Indexe* (169 F.) all sources, (first) all the ordinary and necessary expenses paid witMn the year In the maintenance and operation of its business and properties, Including rentals, etc., "(second) all losses actually sustained, within the year and not compensated by insurance or... | |
 | 1917 - 540 pages
...States, such net income shall be ascertained by deducting from the gross amount of its income received within the year from all sources — "First. All the...condition to the continued use or possession of property to which the corporation has not taken or is not taking title, or in which it has no equity. "Second.... | |
 | 1913 - 502 pages
...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,... | |
 | Oklahoma Corporation Commission - 1918 - 588 pages
...to the tax thereby imposed. ***** gross 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.... | |
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All the ordinary and necessary expenses paid within the year in the maintenance and operation of its business and properties, including rentals or other payments required to be made as a condition to the continued use or possession of property to which... 
