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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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Income Tax Accounting

John F. Sherwood - 1925 - 206 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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Questions and Answers on Federal Tax Laws: Based on Revenue Act of 1924 and ...

Irving Bank-Columbia Trust Company - 1925 - 152 pages
...premiums on business property; interest, except interest on indebtedness to buy or carry securities (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) the income from which is entirely exempt from tax ; bad debts ; business losses ; a reasonable allowance...
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Federal Income and Estate Tax Laws: Correlated and Annotated, Being a ...

Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 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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Cases on Federal Taxation, Volume 1

Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 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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Federal Income Taxes, 1927

Eric Louis Kohler - 1927 - 618 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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Report of the Joint Committee on Internal Revenue Taxation, Volumes 1-3

United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 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; and (9) SPECIFIC EXEMPTION....
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Reports of the U.S. Board of Tax Appeals, Volume 3

United States. Board of Tax Appeals - 1927 - 1530 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 ns income to the tnxpuyer,...
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Comparison of the Revenue Acts of 1926 and 1928: With Index

United States - 1928 - 268 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; and (9) SPECIFIC EXEMPTION....
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United States Code Annotated

United States - 1928 - 1164 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 chapter; Taxes paid or accrued within...
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Income Tax Procedure

Robert Hiester Montgomery - 1923 - 1760 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; .... REGULATION. Interest...
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