 Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings and profits accumulated after February 28, 1913, have been distributed...  Reports of the U.S. Board of Tax Appeals - Page 682by United States. Board of Tax Appeals - 1934Full view - About this book
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...tax to the distributees. SEC. 201. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof, and...earnings or profits. Any earnings or profits accumulated, DIVIDENDS. SEC. 201. (a) That the term "dividend" when used in this title (except in paragraph (10)... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...distribution. — For the purpose of income taxation every distribution made by a corporation is made out of earnings or profits to the extent thereof and from...the most recently accumulated earnings or profits. ART. 1543. Distribution out of earnings or profits accumulated prior to March 1, 1913. Any distribution... | |
 | New York (State) - 1926 - 840 pages
...income tax provision Attorney-General [Vol. 35] regards every distribution by a corporation as made out of earnings or profits to the extent thereof and from the most recent accumulated earnings or profits, and in the same way as our State Tax Commission in the administration... | |
 | Wisconsin - 1927 - 1062 pages
...of the corporation. 1. For the purpose of this section every distribution is presumed to be made out of earnings or profits to the extent thereof, and...the most recently accumulated earnings or profits. 2. Any earnings or profits accumulated, or increase in value of property accrued, before January I,... | |
 | Wisconsin - 1927 - 1052 pages
...of the corporation. 1. For the purpose of this section every distribution is presumed to be made out of earnings or profits to the extent thereof, and...the most recently accumulated earnings or profits. 2. Any earnings or profits accumulated, or increase in value of property accrued', before January 1,... | |
 | Robert Hiester Montgomery - 1927 - 592 pages
...accumulated after February 28, 1913. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof, and...increase in value of property accrued, before March I, 1913, may be distributed exempt from tax, after the earnings and profits accumulated after February... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...kind). 5. Capital. LAW. Section 201 (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof, and...the most recently accumulated earnings or profits.' .... The Treasury has at considerable length explained its position regarding the manner of applying... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...chapter, must be reduced by such "taxfree" distribution (see Chapter 26.) LAW. Section 201 (b) .... Any earnings or profits accumulated, or increase in value of property accrued, before March i, 1913, may be distributed exempt from tax, after the earnings and profits accumulated after February... | |
 | Robert Hiester Montgomery - 1923 - 1760 pages
...earnings or profits, to the extent of such earnings or profits accumulated since February 28, 1913; but any earnings or profits accumulated or increase in value of property accrued prior to March i, 1913, may be distributed exempt from the tax, after the earnings and profits accumulated... | |
| |
