Treasury Decisions Under Internal Revenue Laws of the United States, Volume 12U.S. Government Printing Office, 1910 |
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Common terms and phrases
act of August Acting Commissioner adulterated butter affixed approval assessment bay rum bills of lading bond bottle bottled in bond CABELL CAPERS cent certificates certificates of deposit charges Circular collectors of internal COMMISSIONER OF INTERNAL company or association containing corporation court dated dealer in leaf dealer in oleomargarine defendants denatured alcohol deposit deputy collector distilled spirits distillery District of Columbia Form 11 FRANKLIN MACVEAGH gallons gaugers gross amount hereby income instant insurance company internal-revenue officers issued JOHN G joint stock company leaf tobacco letter liability liquor dealer manufacturers medicinal OFFICE OF COMMISSIONER original packages packing penalty person plaintiffs pounds provisions of section purchase receipt received regulations required by law Respectfully retail dealer revenue agents Revised Statutes ROBT samples Secretary seizure sell special tax special-tax stamp Stomach Bitters tax imposed thereof tion TREASURY DEPARTMENT United warehouse Washington WILLIAMS wine
Popular passages
Page 95 - Columbia, shall be subject to pay annually a special excise tax. with respect to the carrying on or doing business by such corporation, joint stock company or association, or insurance company, equivalent to one per centum upon the entire net income over and above five thousand dollars received by it from all sources during such year...
Page 96 - ... the net addition, if any, required by law to be made within the year to reserve fund...
Page 96 - 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 or franchise payments, required to be made as a condition to the continued use or possession of property. 2nd. All losses actually sustained within the year and not compensated by insurance or otherwise...
Page 34 - That for the purpose of this act the word "butter" shall be understood to mean the food product usually known as butter, and which is made exclusively from milk or cream, or both, with or without common salt, and with or without additional coloring matter.
Page 66 - ... without having paid the special tax therefor, as required by law, shall, besides being liable to the payment of the tax, be fined not less than five hundred nor more than two thousand dollars...
Page 132 - ... all sums paid by it within the year for taxes imposed under the authority of the United States or of any State or Territory thereof, or imposed by the government of any foreign country...
Page 138 - ... the gross amount of its income for the year from business transacted and capital invested within the United States...
Page 139 - In the case of assessment insurance companies the actual deposit of sums with State or Territorial officers, pursuant to law, as additions to guaranty or reserve funds shall be treated as being payments required by law to reserve funds.
Page 99 - It shall be unlawful for any collector, deputy collector, agent, clerk, or other officer or employee of the United States to divulge or to make known in any manner whatever not provided by law...
Page 138 - 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 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...