 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 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. AHT. 23(a)-1. Business expenses. — Business expenses deductible from gross income include the ordinary... | |
 | 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... | |
 | United States. Tax Court - 1977 - 1160 pages
...business including: (3) rentals or other payments required to be made as a condition to the continued possession, for purposes of the trade or business,...is not taking title or in which he has no equity. As in the case of salary or compensation, section 162(a)(3) does not specifically limit deductions... | |
 | United States. Tax Court - 1978 - 1134 pages
...(3) rentals or other payments required to be made as a condition to the continued use or |>osscssion, for purposes of the trade or business, of property...is not taking title or in which he has no equity. Petitioners recognize that the usual rule (applicable to cash as well as accrual basis taxpayers, see... | |
 | United States. Tax Court - 1972 - 942 pages
...any trade or business, including — ******* (3) rentals or other payments required to be made as a condition to the continued use or possession, for...of property to which the taxpayer has not taken or la not taking title or in which he has no equity. Claimed: Cash ront paid - .. . _ $15,900.00 $15,900... | |
 | United States. Tax Court - 1981 - 1252 pages
...years under the provisions of section 162(aX3) as 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 Railway, L & A, NBRD, Carthage, and Lindgren were not taking title or in which they had no equity.... | |
 | United States. Tax Court - 1973 - 908 pages
...meaning where no tax plan is involved. We gain some help from the language of the statute. The language "property to which the taxpayer has not taken or is not taking title" (emphasis added) appears clearly enough to indicate that Congress had in mind an ongoing process in... | |
 | United States. Congress. Senate. Committee on Labor and Public Welfare - 1972 - 1200 pages
...162(a), "There shall be allowed as a deduction ... (3) 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 taxpayer hoi not laten or is not taking title or in which he has no equity." (Emphasis added.) M &... | |
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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... 
