 | 1920 - 1042 pages
...taxable year in carrying- on any trade or business includinga reasonable allowance for salaries or other compensation for personal services actually...is not taking* title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...home in the pursuit of a trade or business ; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. (2) CORPORATE CHARITABLE CONTRIBUTIONS. — No deduction shall be allowable under paragraph (1) to... | |
 | Congress. Internal Revenue Taxation Joint Committee - 1959 - 220 pages
...for personal services actually rendered; . . . and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity." 53 Stat. 12, as amended, 56 Stat. 819, 26 USO § 23 (a) (1) (A). 1 111. Rev. Stat., 1945, c. 38, §... | |
 | United States. Congress. House. Committee on Ways and Means - 1961 - 520 pages
...in the pursuit of a trade or business ; and (3) rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. For purposes of the preceding sentence, the place of residence of a Member of Congress (including any... | |
 | United States. Tax Court - 1966 - 656 pages
...trade or business, including — »**•*•• (3) rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. The question of whether the payments were actually rentals is a question of fact to be determined in... | |
 | United States. Tax Court - 1961 - 1226 pages
...be allowed as •le-dactions the ordinary and necessary expenses In carrying on a trade or business, •-Including • • • rentals or other payments...purposes of the trade or business, of property to which tbe taxpayer has not taken or Is not taking title or In which he has no equity." 11 Section 23 (a)... | |
 | United States. Tax Court - 1976 - 1190 pages
...on any trade or business, including— * * * (3) rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. We believe the key to defining Conso's rental liability is in turn determined by examining the relationship... | |
 | United States. Tax Court - 1974 - 862 pages
...on any trade or business, including — * * * (3) rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. As noted previously, petitioner was not compelled to enter into the agreement. It did so because it... | |
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... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity... 
