 | 1925 - 822 pages
...gain accruing to capital, not a growth or increment of value in the investment; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested or employed, and coming in, being "derived," that is, received or drawn by the recipient... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1920 - 708 pages
...gain accruing to capital, not a growth or increment of value in the investment; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested or employed, and coming in, being "derived," that is, received or drawn by the recipient... | |
 | Edward Sherwood Mead - 1920 - 506 pages
...gain accruing to capital, not a growth or increment of value in the investment ; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested or employed, and coming in, being 'derived,' that is, received or drawn by the recipient... | |
 | 1920 - 502 pages
...gain accruing to capital, not a growth or increment of value in the investment ; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital, however invested or employed, and coming in, being 'derived,' that is, received or drawn by the recipient... | |
 | United States. Congress. House. Committee on Ways and Means - 1920 - 66 pages
...gain accruing to capital, not a growth or increment of value in the investment; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested or employed, and coming in, being " derived," that is, received or drawn by the recipient... | |
 | United States. Bureau of Internal Revenue - 1921 - 778 pages
...gain accruing to capital, nor a growth or increment of value in the Investment, but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested, and coining in — that is, received or drawn by the claimant for his separate use,... | |
 | United States. Supreme Court - 1921 - 628 pages
...<S=*7— "INCOME" DEFINED. "Income" is the gain derived from capital, from labor, or from both combined ; something of exchangeable value, proceeding from the property, severed from the capital, however invested or employed, and received or drawn by the recipient for his separate use, benefit,... | |
 | Thomas Sewall Adams - 1921 - 296 pages
...gain accruing to capital, not a growth or increment of value in the investment; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested or employed, and coming in, being "derived," that is, received or drawn by the recipient... | |
 | United States. Supreme Court - 1922 - 804 pages
...gain accruing to capital, nor a growth or increment of value in the investment, but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested, and coming in, that is, received or drawn by the claimant for his separate use, benefit... | |
 | Harold Edgar Barnes, B. A. Milner - 1924 - 440 pages
...gain accruing to capital, not a growth or increment of value in the investment; but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital, however invested or employed, and coming in, being "derived," that is, received or drawn by the recipient... | |
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Here we have the essential matter: Not a gain accruing to capital, not a growth or increment of value in the investment, but a gain, a profit, something of exchangeable value proceeding from the property, severed from the capital however invested or employed,... 
