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" ... (b) Interest. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September... "
Reports of the U.S. Board of Tax Appeals - Page 394
by United States. Board of Tax Appeals - 1939
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Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp ...

George Edwin Holmes - 1919 - 1052 pages
...and, corporations, like individuals, may now deduct all interest paid within the taxable year on their 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...
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Notes on Revenue Act of 1918 Submitted by Secretary of Treasury Without ...

United States. Congress. House. Committee on Ways and Means - 1919 - 190 pages
...section 234 and insert in lieu thereof: (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United Statas ioauod after September 31, 1017 the income...
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Notes on the Revenue Act of 1918, Volumes 1-2

United States. Department of the Treasury, United States. Congress. House. Committee on Ways and Means - 1919 - 192 pages
...NOTES ON THE REVENUE ACT OF 1918. 17 (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States isauod-aftor September 21, 1017 the income...
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Pamphlets, Volume 35

Irving National Bank, New York - 1920 - 150 pages
...property to which the tax-payer has not taken or is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest...
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Regulations 45 Relating to the Income Tax and War Profits and Excess Profits ...

United States. Bureau of Internal Revenue - 1920 - 346 pages
...ALLOWED: INTEREST. [SEC. 214. (a) That in computing net income there shall be allowed us deductions:] (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest...
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War Tax 1920: A Synopsis of the War Tax, with Accurate Tables and Concrete ...

1920 - 36 pages
...trade or business of property In which the taxpayer has no equity or title or is not taking title. 2. All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the Interest...
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Fairchild's Daily News Record and Women's Wear National Directory ..., Volume 17

1920 - 622 pages
...property to which the taxpayer has not taken or is not taking title or in which he has no equity. (b) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after Sept. 24, 1917), the interest...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 2

United States - 1920 - 1054 pages
...property to which the taxpayer has not taken or is not taking title or in which he has no equity ; (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24. 1917), the interest...
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Internal Revenue Laws in Force: With an Appendix Containing Laws of a ...

United States - 1920 - 1064 pages
...the taxpayer has not taken or is not taking title or in which he has no equity ; or leered. paid (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after (September 24, 1917), the interest...
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Federal Income Tax and Its Relation to Real Property: Prepared on Behalf of ...

Real Estate Board of New York - 1920 - 104 pages
...property to which the taxpayer has not taken or is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest...
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