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, 1917, and originally subscribed... Statistics of Income - Page 470by United States. Internal Revenue Service - 1951Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1959 - 1028 pages
...or carry obligations (other than obligations of the United States Issued after September 24, 1017, and originally subscribed for by the taxpayer) the Interest upon which Is wholly exempt from the taxes Imposed by this chapter. * Section 4 In pertinent part reads as follows : «* • • seuer... | |
| National City Company - 1921 - 104 pages
...continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed...interest upon which is wholly exempt from taxation under this title." The amendment of previous law consists in limiting deductible interest paid on indebtedness... | |
| United States - 1921 - 642 pages
...continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed...taxpayer) the interest upon which is wholly exempt Domestic taxes from taxation under this title; Exception. ' (3) Taxes paid or accrued within the taxable... | |
| Emerson Emanuel Rossmoore - 1922 - 592 pages
...continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed...interest upon which is wholly exempt from taxation under this title; (3) Taxes paid or accrued within the taxable year except (a) income, war-profits,... | |
| Actuarial Society of America - 1922 - 570 pages
...continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed...interest upon which is wholly exempt from taxation under this item." It would seem, therefore, that the following items should be included in reserve... | |
| United States - 1922 - 756 pages
...continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed...interest upon which is wholly exempt from taxation under this title; (3) Taxes paid or accrued within the taxable year except (a) income, war-profits,... | |
| John Harold Sears - 1922 - 732 pages
...taxpayer. However, interest paid on indebtedness incurred to purchase obligations of the United States, issued after September 24, 1917 (and originally subscribed for by the taxpayer), may be deducted, whether or not the interest from such obligations is wholly tax exempt. Section 234... | |
| United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...REVENUE ACTS OF 1918 AND 1921. Act of 1921. securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is whollv exempt from taxation under this title; * Act of 1918. (3) Taxes paid or accrued within the taxable... | |
| Irving Bank. Columbia Trust Company - 1923 - 148 pages
...except interest on indebtedness to buy or carry securities (other than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the income from which is entirely exempt from tax; bad debts; business losses, etc. The items which may... | |
| Thomas Theodore Goff - 1923 - 344 pages
...tax, except interest on indebtedness incurred to purchase or carry obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer. 21. TAXES PAID Enter as Item 11 personal taxes paid and all taxes on property not used in business... | |
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