Treasury Decisions Under Internal Revenue Laws of the United States, Volume 12

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Page 131 - Columbia, or now or hereafter organized under the laws of any foreign country and engaged in business in any State or Territory of the United States or in Alaska or in the District, of Columbia, shall be subject to pay annually a special excise tax with respect to the carrying on or doing business...
Page 134 - ... authorized. All such returns shall as received be transmitted forthwith by the collector to the Commissioner of Internal Revenue.
Page 99 - June in any year, and for ten days after notice and demand thereof by the collector, there shall be added the sum of five per centum on the amount of tax unpaid and interest at the rate of one per centum per month upon said tax from the time the same becomes due.
Page 34 - That for the purpose of this act the word "butter" shall be understood to mean the food product usually known as butter, and which is made exclusively from milk or cream, or both, with or without common salt, and with or without additional coloring matter.
Page 131 - ... equivalent to one per centum upon the entire net income over and alx>ve five thousand dollars received by it from all sources during such year, exclusive of amounts received by it as dividends upon stock -of other corporations, joint stock companies or associations, or insurance companies, subject to the tax hereby imposed...
Page 96 - ... all sums paid by it within the year for taxes imposed under the authority of the United States or of any State or Territory thereof, or imposed by the government of any foreign country...
Page 138 - ... the gross amount of its income for the year from business transacted and capital invested within the United States...
Page 139 - In the case of assessment insurance companies the actual deposit of sums with State or Territorial officers, pursuant to law, as additions to guaranty or reserve funds shall be treated as being payments required by law to reserve funds.
Page 35 - ... oleomargarine;" namely: All substances heretofore known as oleomargarine, oleo, oleomargarine oil, butterine, lardine, suine and neutral; all mixtures and compounds of oleomargarine, oleo, oleomargarine oil, butterine, lardine, suine and neutral; all lard extracts and tallow extracts; and all mixtures and compounds of tallow, beef-fat, suet, lard, lard-oil, vegetable oil, annatto and other coloring matter, intestinal fat.
Page 138 - Insurance company, organized, authorized, or existing under the laws of any foreign country, such net income shall be ascertained by deducting from the gross amount of Its income...

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