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" Indebtedness, except on Indebtedness Incurred or continued to purchase or carry obligations (other than obligations of the United States Issued after September 24. 1917, and originally subscribed for by the taxpayer) the Interest upon which Is wholly... "
Statistics of Income from Returns of Net Income - Page 47
by United States. Internal Revenue Service - 1951
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Transactions, Volume 23

Actuarial Society of America - 1922 - 570 pages
...indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer), the interest upon which is wholly exempt from taxation under this item." It would seem, therefore,...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 4

United States - 1922 - 1028 pages
...indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation under this title; ( 9 ) In the case of a domestic...
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Federal Income Tax Problems --1922

Emerson Emanuel Rossmoore - 1922 - 592 pages
...indebtedness, except on indebtedness incurred or continued M to purchase or carry obligations or securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation under this title; (3) Taxes paid or accrued...
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Barnes' Federal Code: Containing All Federal Statutes of General and Public ...

United States - 1922 - 756 pages
...indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other, than obligations of the United States issued...September 24, 1917, and originally subscribed for by t'-e taxpayer) the interest upon which is wholly exempt from taxation under this title; (9) In the...
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Minimizing Taxes ...

John Harold Sears - 1922 - 732 pages
...in the hands of any particular taxpayer. However, interest paid on indebtedness incurred to purchase obligations of the United States, issued after September...1917 (and originally subscribed for by the taxpayer), may be deducted, whether or not the interest from such obligations is wholly tax exempt. Section 214...
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Practical Questions and Answers on the Federal Tax Laws Affecting Individual ...

Irving Bank. Columbia Trust Company - 1923 - 148 pages
...indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation under this title; (9) In the case of a domestic...
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Self-proving Business Arithmetic

Thomas Theodore Goff - 1923 - 344 pages
...interest on which is exempt from tax, except interest on indebtedness incurred to purchase or carry obligations of the United States issued after September...1917, and originally subscribed for by the taxpayer. 21. TAXES PAID Enter as Item 11 personal taxes paid and all taxes on property not used in business...
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Comparison of the Revenue Acts of 1918 and 1921: With Index ...

United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...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 upon which is wholly exempt from taxation under this title as income to the taxpayer,...
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Accounting Principles Underlying Federal Income Taxes: 1924

Eric Louis Kohler - 1924 - 514 pages
...indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation under this title; (3) Taxes paid or accrued...
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Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - 1924 - 396 pages
...indebtedness; except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation under this title ; (3) Taxes paid or accrued...
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