 ... (e) LOSSES BY INDIVIDUALS. — In the case of an individual, losses sustained during the taxable year and not compensated for by insurance or otherwise — if incurred in trade or business ; or if incurred in any transaction entered into for profit,...  State Taxation of Personal Incomes - Page 224by Alzada Comstock - 1921 - 247 pagesFull view - About this book
 | New York (State) - 1935 - 1272 pages
...dred twenty, is hereby amended to read as follows: 5. Losses sustained during the taxable year and not compensated for by insurance or otherwise, if...entered into for profit, though not connected with the taxpayer's trade or business; but in the case of a taxpayer other than a resident of the state, only... | |
 | United States. Court of Claims - 1940 - 772 pages
...of 1928 (45 Stat. 791) permits a deduction of losses — incurred in trade or business; or incurred in any transaction entered into for profit, though not connected with the trade or business. The plaintiff was the chairman of the board of the Norfolk Ledger-Dispatch, an evening newspaper. He... | |
 | Robert Hiester Montgomery - 1920 - 1304 pages
...if incurred in trade or business; (5) Losses sustained during the taxable year and not compencated for by insurance or otherwise, if incurred in any...profit, though not connected with the trade or business; but in the case of a nonresident alien individual only as to such transactions within the United States;... | |
 | Alabama - 1919 - 1476 pages
...insurance or otherwise, if incurred in trade or business, (e) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business; but in the case of a taxpayer other than a resident of the State, .only as to such transactions within... | |
 | National City Company, United States - 1919 - 104 pages
...otherwise, if incurred in trade or business ; 66. (5) Losses sustained during the taxable yeai and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business ; but in the case of a nonresident alien individual only as to such transactions within the United... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...insurance or otherwise, if incurred in trade or business; (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business; but in the case of a nonresident alien individual only as to such transactions within the United States;... | |
 | Ewell D. Moore - 1919 - 44 pages
...insurance or otherwise, if incurred in trade or business; 5. Losses sustained in the taxable year and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business; but in case of a non-resident alien individual only as to such transactions in the US; 6. Losses sustained... | |
 | New York (N.Y.). Tax Commission - 1919 - 106 pages
...insurance or otherwise, if incurred in trade or business. 5. Losses sustained during the taxable year and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business ; but in the case of a taxpayer other than a resident of the state, only as to such transactions within... | |
 | Harris, Forbes & co., New York - 1919 - 164 pages
...insurance or otherwise, if incurred in trade or business; (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business; but in the case of a nonresident alien individual only as to such transactions within the United States... | |
 | Henry Montefiore Powell - 1919 - 708 pages
...insurance or otherwise, if incurred in trade or business. 5. Losses sustained during the taxable year and not compensated for by insurance or otherwise, if...profit, though not connected with the trade or business; but in the case of a taxpayer other than a resident of the state, only as to such transactions within... | |
| |
