 | United States. Court of Claims - 1939 - 690 pages
...means the gross income less * * * (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | United States - 1922 - 756 pages
...the date of the policy contract; (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
...date of the policy contract; f89 (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...the date of the policy contract; (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | Irving Bank. Columbia Trust Company - 1923 - 148 pages
...the date of the policy contract; (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | Eric Louis Kohler - 1924 - 514 pages
...the date of the policy contract; (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...date of the policy contract ; (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...the date of the policy contract; (5) Investment expenses paid during the taxable year: Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of 1 per centum of the book value of the mean of the invested assets held at the beginning... | |
 | John F. Sherwood - 1925 - 206 pages
...the date of the policy contract; (5) Investment expenses paid during the taxable year; Provided, That if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of I per centum of the book value of the mean of the invested assets held at the beginning... | |
 | Charles Ernest Mather - 1926 - 136 pages
...referring to investment expenses reads "Investment expenses paid during the taxable year. Provided that if any general expenses are in part assigned to or...total deduction under this paragraph shall not exceed one-fourth of one per centum of the book value of the mean of the invested assets held at the beginning... | |
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One-fourth of 1 percent of the mean of the book value of the invested assets held at the beginning and end of the taxable year, plus... 
