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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 (other than obligations of the United States Issued after September 24. 1917, and originally subscribed... "
Statistics of Income from Returns of Net Income - Page 211
by United States. Internal Revenue Service - 1955
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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
...indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued...interest upon which is wholly exempt from taxation under this title," as income to the taxpayer. The language of the exception is general and in our opinion...
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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
...Interest. — All Interest paid or accrued within the taxable year on Indebtedness, except on Indebtedness Incurred or continued to purchase or carry obligations...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...
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State Finances, Volume 3, Issue 6

New York (State). Comptroller's Office - 1919 - 24 pages
...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), the interest upon which is wholly exempt from taxation under this title as income to the taxpayer *...
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United States Revenue Act, 1918: Annotated and Indexed. Passed, 1919 ...

National City Company, United States - 1919 - 104 pages
...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) the interest upon which is wholly exempt from taxation under this title as income to the taxpayer,...
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Income Tax Law: Analysis and Comment

Harris, Forbes & co., New York - 1919 - 164 pages
...made for interest on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest upon which is declared by law to be tax exempt. In the case of a foreign corporation it...
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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
...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), the interest upon which is wholly exempt from taxation under this title as income to the taxpayer *...
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Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp ...

George Edwin Holmes - 1919 - 1048 pages
...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) the interest upon which is wholly exempt from taxation for income tax purposes as income to the corporation.66...
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Canada; Economic Position and Plans for Development

Guaranty Trust Company of New York - 1919 - 664 pages
...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) the interest upon which is wholly exempt from taxation under this title as income to the taxpayer,...
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Journal of Accountancy, Volume 30

1920 - 502 pages
...inadmissibles. The law provides that interest paid on indebtedness incurred or continued to purchase obligations (other than obligations of the United States issued after September 24, 1917), the interest upon which is wholly exempt, is not deductible in computing net taxable income. The disallowance...
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Internal Revenue Laws in Force May 1, 1920: With an Appendix Containing Laws ...

United States - 1920 - 1052 pages
...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), the interest upon which is wholly exempt from taxation under this title as income to the taxpayer,...
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