| Alabama - 1919 - 1476 pages
...(2) All interest paid or accrued within the taxable year on its indebtedness, except an indebtedness incurred or continued to purchase or carry obligations...than obligations of the United States issued after Sentember 24, 1917), the interest upon which is wholly exempt from taxation under this act as income... | |
| Ewell D. Moore - 1919 - 44 pages
...in which he has no equity. 2. All interest paid or accrued in the year on indebtedness, except that incurred or continued to purchase or carry obligations or securities (other than those of the .US issued after September 24, 1917) the interest on which is wholly exempt from the tax... | |
| George Edwin Holmes - 1920 - 1186 pages
...INTEREST The Revenue Act of 1918 provides that citizens and residents and domestic corporations may deduct all interest paid or accrued within the taxable year...24, 1917), the interest upon which is wholly exempt fronr taxation as income to the taxpayer. Non-resident aliens and foreign corporations may deduct that... | |
| 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...than obligations of the United States issued after Sept. 24, 1917), the interest upon which is wholly exempt from income tax. (c) Taxes paid or accrued... | |
| Irving National Bank, New York - 1920 - 150 pages
...title, or in which it has no equity; (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...obligations of the United States issued after September 21, 1917) the interest upon which is wholly exempt from taxation under this title as income to the... | |
| 1920 - 502 pages
...inadmissibles. The law provides that interest paid on indebtedness incurred or continued to purchase obligations (other than obligations of the United States issued...24, 1917), the interest upon which is wholly exempt, is not deductible in computing net taxable income. The disallowance of the interest paid is the same... | |
| National City Company - 1921 - 104 pages
...has no equity." There is a deduction here not before given to persons traveling on business. 75 "(2) All interest paid or accrued within the taxable year...the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation... | |
| United States - 1921 - 642 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...the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation... | |
| Rex Frye - 1921 - 350 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...obligations or securities (other than obligations of the-United States issued after September 24, 1917), the interest upon which is wholly exempt from taxation... | |
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