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" All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally... "
Tax Evasion and Avoidance: Hearings Before the Joint Committee on Tax ... - Page 111
by United States. Congress. Joint Committee on Tax Evasion and Avoidance - 1937 - 440 pages
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Cases Decided in the Court of Claims of the United States, Volume 69

United States. Court of Claims - 1930 - 854 pages
...as deductions: Opinion of the Court "(2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities * * * the interest upon which is wholly exempt from taxation under this title." Neither the Joint Stock...
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Cases Decided in the United States Court of Claims ... with ..., Volume 141

United States. Court of Claims, Audrey Bernhardt - 1959 - 1028 pages
...allowed as deductions : ***** (b) Interest. — All Interest paid or accrued within the taxable year on Indebtedness, except on Indebtedness Incurred or continued to purchase or carry obligations (other than obligations of the United States Issued after September 24, 1017, and originally subscribed...
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State Finances, Volume 3, Issue 6

New York (State). Comptroller's Office - 1919 - 24 pages
...corresponding federal provision reads as follows: " All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued...than obligations of 'the United States, issued after September 24, 1917), the interest upon which is wholly exempt from taxation under this title as income...
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Income Tax Procedure

Robert Hiester Montgomery - 1920 - 1304 pages
...(Item 4 above), and tli« Income Inn on lli«- tmluncn !• c«lmtlBt««l al 10 |Mir «i«nl. lerest (except on indebtedness incurred or continued to purchase...than obligations of the United States issued after September 24, 1917, the interest on which is wholly exempt from taxation (See paragraph 9, page 2,...
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United States Revenue Act, 1918: Annotated and Indexed. Passed, 1919 ...

National City Company, United States - 1919 - 104 pages
...or in which it has no equity; 150. (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917) the interest upon which is wholly exempt from taxation under this title as income...
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Canada; Economic Position and Plans for Development

Guaranty Trust Company of New York - 1919 - 664 pages
...title, or in which it has no equity; (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917) the interest upon which is wholly exempt from taxation under this title as income...
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Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp ...

George Edwin Holmes - 1919 - 1052 pages
...and, corporations, like individuals, may now deduct all interest paid within the taxable year on their indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917) the interest upon which is wholly exempt from taxation for income tax purposes...
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The State Department Reports of the State of New York, Volume 20, Issues 115-120

New York (State) - 1919 - 520 pages
...corresponding Federal provision reads as follows : "All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued...than obligations of the United States, issued after September 24. 1917), the interest upon which is wholly exempt from taxation under this title as income...
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Income Tax Law: Analysis and Comment

Harris, Forbes & co., New York - 1919 - 164 pages
...taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917), the interest upon which is wholly exempt from taxation under this title as income...
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Notes on the Revenue Act of 1918, Volumes 1-2

United States. Department of the Treasury, United States. Congress. House. Committee on Ways and Means - 1919 - 192 pages
...NOTES ON THE REVENUE ACT OF 1918. 17 (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...securities (other than obligations of the United States isauod-aftor September 21, 1017 the income from which is subject, to graduated additional income taxes,...
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