 There is no discrimination. At most, exportation is affected only indirectly and remotely. The tax is levied after exportation is completed, after all expenses are paid and losses adjusted, and after the recipient of the income is free to use it as he...  State Income Taxation of Mercantile and Manufacturing Corporations - Page 544by United States. Congress. House. Committee on the Judiciary, United States. Congress. House. Committee on the Judiciary. Special Subcommittee on State Taxation of Interstate Commerce - 1961 - 651 pagesFull view - About this book
 | 1918 - 498 pages
...way, but Just as it is laid on other income. * * * At most, exportation is affected only indirecyy and remotely. The tax is levied after exportation...the recipient of the income is free to use it as he chooses. Thus what is taxed— the net incomers as far removed from exportation as are articles intended... | |
 | Thomas Reed Powell - 1919 - 472 pages
...on articles exported from any state." In support of the decision Mr. Justice Van Devanter declared : "At most, exportation is affected only indirectly...the recipient of the income is free to use it as he chooses." From the standpoint of the bearing of this decision on the question whether Congress may... | |
 | Robert Hiester Montgomery - 1920 - 1304 pages
...words of the act are "net income arising or accruing from all sources." There is no discrimination.' At most, exportation is affected only indirectly and...exportation is completed, after all expenses are paid and "Auditing, Theory and Practice (and edition), by RH Montgomery, page 378. "Peck v. Lowe, 247 US 165.... | |
 | United States. Supreme Court - 1918 - 628 pages
...act are "net income arising or accruing 165. Syllabus. from all sources." There is no discrimination. At most, exportation is affected only indirectly and...the recipient of the income is free to use it as he chooses. Thus what is taxed — the net income — is as far removed from exportation as are articles... | |
 | United States. Supreme Court - 1918 - 624 pages
...act are "net income arising or accruing 165. Syllabus. from all sources." There is no discrimination. At most, exportation is affected only indirectly and...the recipient of the income is free to use it as he chooses. Thus what is taxed — the net income — is as far removed from exportation as are articles... | |
 | 1918 - 498 pages
...words of the act are "net income arising or accruing from all sources." There is no discrimination. At most, exportation is affected only indirectly and...the recipient of the income is free to use it as he chooses. Thus what is taxed — the net income — is as far removed from exportation as are articles... | |
 | United States. Supreme Court - 1918 - 636 pages
...words of the act are "net income arls• ing or accrulng'from all sources." There Is no discrimination. At most, exportation is affected only indirectly and...the recipient of the Income Is free to use it as he chooses. Thus what is taxed — the net income — Is as far removed from exportation as are articles... | |
 | United States. Supreme Court - 1918 - 618 pages
...arising or accruing 165. Syllabus. from all sources." There is no discrimination. At most, exportation i^ affected only indirectly and remotely. The' tax is...the recipient of the income is free to use it as he chooses. Thus what . is taxed — the net income — is as far removed from exportation as are articles... | |
 | New York (State) - 1919 - 520 pages
...words of the act are ' net income arising or accruing from all sources.' There is no discrimination. At most, exportation is affected only indirectly and...the recipient of the income is free to use it as he chooses." Peck & Company v. Lowe, 247 US 165-174. It seems to me that the logic in the question before... | |
 | 1919 - 1030 pages
...net incomes. ... It is both nominally and actually a general tax. . . . There is no discrimination. At most, exportation is affected only indirectly and...the recipient of the income is free to use it as he chooses. Thus what is taxed — the net income — is as far removed from the exportation as are articles... | |
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