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" Net income" means the gross income computed under section 22, less the deductions allowed by section 23. SEC. 22. GROSS INCOME. (a) GENERAL DEFINITION. — "Gross income" includes gains, profits, and income derived from salaries, wages, or compensation... "
The State Department Reports of the State of New York - Page 278
by New York (State) - 1919
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Convention to Revise the Constitution, June 5, 1918, January 13, 1920 ...

New Hampshire. Constitutional Convention - 1921 - 680 pages
...persons, co-partnerships, associations and corporations, including gains, profits, and income derived from salaries, wages, or compensation for personal service of whatever kind and in whatever form paid, or from professions, vocations, business, trade, commerce, or sales, or dealings in property,...
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The Federal Income Tax

Thomas Sewall Adams - 1921 - 296 pages
...In the familiar language of the statute, gross income "includes gains, profits, and income derived from salaries, wages or compensation for personal...service . . ., of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property,...
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Drafts of Personal Income and Business Income Tax Acts

National Tax Association - 1921 - 76 pages
...301. Gross income defined. 1. The words " gross income" includes gains, profits and income derived from salaries, wages, or compensation for personal service, of whatever kind and in whatever .form paid, or from professions, vocations, trades, commerce, or sales, or dealings in property, whether...
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The Income and Other Federal Taxes as Affected by Patents, Trade-marks ...

Rex Frye - 1921 - 350 pages
...hereinafter allowed, the net income of a taxable person shall include gains, profits, and income derived from salaries, wages, or compensation for personal service of whatever kind and in whatever form paid, or from professions, vocations, businesses, trade, commerce, or sales, or dealings in property,...
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Wills, Estates & Trusts: A Manual of Law, Accounting, & Procedure ...

Thomas Conyngton, H. C. Knapp, P. W. Pinkerton - 1921 - 864 pages
...the same for fiduciaries as for individuals, and : . . . includes gains, profits, and income derived from salaries, wages, or compensation for personal service ... of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property,...
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Report to the Constitutional Convention

Louisiana (State). Assessment and Taxation Commission - 1921 - 294 pages
...Sec. SOI. Gross income defined. 1. The words "gross income" Includes gains, profits and income derived from salaries, wages, or compensation for personal service, of whatever kind and in whatever form paid, or from professions, vocations, trades, commerce, or sales, or dealings in property, whether...
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State Taxation of Personal Incomes

Alzada Comstock - 1921 - 258 pages
...301. Gross income defined, 1. The words "gross income " includes gains, profits and income derived from salaries, wages, or compensation for personal service, of whatever kind and in whatever form paid, or from professions, vocations, trades, business, commerce, or sales, or dealings in property,...
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Public Accounting and Auditing...

John F. Sherwood - 1921 - 282 pages
...basis as his income. Gross Income. The term "gross income" includes gains, profits, and income derived from salaries, wages, or compensation for personal service of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property,...
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Pamphlets, Volumes 45-46

Irving National Bank, New York - 1921 - 140 pages
...RETURNS GROSS INCOME Q. What income must I include in my return? A. The following must be reported : (1) Salaries, wages or compensation for personal service of whatever kind and in whatever form paid. (2) Gains, profits and income derived from professions, vocations, trades, businesses, commerce,...
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North Carolina Corporation Code, Annotated: Containing the Statutes ...

James Hinton Pou - 1922 - 1032 pages
...income defined. 1. Items included. The words "gross income" include gains, profits and income derived from salaries, wages or compensation for personal service, of whatever kind and in whatever form paid, or from professions, vocations, trades, business, commerce or sales, or dealings in property,...
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