| John F. Sherwood - 1925 - 206 pages
...and in the manner provided in sections 210 and 211, and the total tax shall be this amount minus I2j^ per centum of the capital net loss; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...in the manner provided in sections 210 and 211, and the total tax shall be this amount minus 12J/2 per centum of the capital net loss; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
| Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...manner provided in sections 210 and 211, and the total tax will be this amount minus 12y2 per cent of the capital net loss, but in no case shall the tax under this article be less than the taxes imposed by sections 210 and 211 computed without regard to... | |
| Eric Louis Kohler - 1927 - 618 pages
...in the manner provided in sections 210 and 211, and the total tax shall be this amount minus 12l/2 per centum of the capital net loss; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
| Harrison B. Spaulding - 1927 - 336 pages
...and in the manner provided in sections 210 and 211, and the total tax shall be this amount minus 12! per centum of the capital net loss ; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
| Nathan William MacChesney - 1927 - 960 pages
...in the manner provided in sections 210 and 211, and the total tax shall be this amount minus 121/4 per centum of the capital net loss; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
| Nathan William MacChesney - 1927 - 960 pages
...contained in Section 208 of the Revenue Act of 1926: (a) For the purposes of this title — (1) The term "capital gain" means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921; (2) The term "capital loss" means deductible loss resulting... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...cent, and that the normal tax and surtax on the ordinary net income shall be reduced by 12% per cent of the capital net loss, but in no case shall the tax be less than computed without this provision. The questions arising under this section are those of... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...section 208 (at be amended to read as follows : . "(a) For the purposes of this title — "(1) the term 'capital gain' means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921, including taxable gain resulting from redemption or retirement... | |
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