 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...aft individual as a credit fef purposes ef normal tax fey- section 25 -(af -f^fw i&h SEC. 26. CREDITS OF CORPORATIONS. In the case of a corporation the...extent provided in the various sections imposing tax — (a) INTEREST ON OBLIGATIONS OF THE UNITED STATES AND ITS INSTRUMENTALITIES. — The amount received... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...PAR. C. Section 26(b) (Title I— Income Tax) of the Revenue Act of 1936 provides : "Sec. 26. CREDITS OF CORPORATIONS. "In the case of a corporation the...extent provided in the various sections imposing tax — ******* "(b) Dividends received. — 85 per centum of the amount received as dividends from a domestic... | |
 | United States - 1939 - 780 pages
...amounts to more than half a month in which case it shall be considered as a month. SEC. 26. CREDITS OF CORPORATIONS. In the case of a corporation the...extent provided in the various sections imposing tax — of Congress which is allowed to an individual as a credit for purposes of normal tax by section... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...amounts to more than half a month in which case it shall be considered as a month. SEC. 26. CREDITS OF CORPORATIONS. In the case of a corporation the...extent provided in the various sections imposing tax — (a) INTEREST ON OBLIGATIONS OF THE UNITED STATES AND ITS INSTRUMENTALITIES. — The amount received... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...amounts to more than half a month in which case it shall be considered as a month. SEC. 26. CREDITS OF CORPORATIONS. In the case of a corporation the...extent provided in the various sections imposing tax — (a) INTEREST ON OBLIGATIONS OF THE UNITED STATES AND ITS INSTRUMENTALITIES. — The amount received... | |
 | 1940 - 1806 pages
...exemption, to a credit for dependents in the amount of $200; that is, %2 of $400. *t SBC. 26. Credits n complete liquidation. — (a) Interest on obligations of the United States and its instrumentalities. — The amount received... | |
 | 1941 - 1688 pages
...amended by adding the last paragraph, by TD 5011, Sept. 24, 1940; 5 PJR. 3840. SEC. 26. CREDITS OP CORPORATIONS. In the case of a corporation the following...extent provided In the various sections Imposing tax — (a) Interest on obligations of the United States and its instrumentalities. The amount received... | |
 | 1939 - 1030 pages
...Act of 1936 (49 Stat. 1664; 26 USC, Sup. IlI, 26 (b)) provides: SBC. 26. CRED1TS OF CORPORATiONS. 1n the case of a corporation the following credits shall...extent provided in the various sections imposing tax — ******* (b) Dividends received. 85 per centum of the amount received as dividends from a domestic... | |
 | United States - 1953 - 1744 pages
...1942, as subject to Federal taxation, see section 742a of Title 31, Money and Finance. § 26. Credits oss estate situated in the United States of any person...death of the decedent, or (B) transferred to the — (a) Interest on obligations of the United States and its instrumentalities. The amount received... | |
 | United States. Board of Tax Appeals - 1941 - 1356 pages
...value first declared. We shall consider the issues separately, in that order. 1 SEC. Z«. CREDITS OP CORPORATIONS. In the case of a corporation the following...the extent provided In the various sections Imposing tar — • *••»•• (c) CONTRACTS RESTRICTING PAYMENT OP DIVIDENDS. — • »•*•••... | |
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Sec. 26. Credits of Corporations. In the case of a corporation the following credits shall be allowed to the extent provided in the various sections imposing tax — • • • * • (c) Contracts Restricting Payment of Dividends. 
