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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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Federal Income, Estate and Gift Tax Laws, Correlated

United States, Walter Elbert Barton - 1944 - 1286 pages
...Interest.— All interest paid within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation under this chapter. Sec. 203. (a) (8) The amount...
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Individual Income Tax Provisions of the Internal Revenue Code: Applicable to ...

United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...INTEREST. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from the taxes imposed by this chapter. [See also sections...
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Statistics of Income from Returns of Net Income

United States. Internal Revenue Service - 1944 - 386 pages
...amount of Interest paid during tho taxable rear on the company's Indebtedness, except on indebtedness Incurred or continued to purchase or carry obligations...September 24. 1917, and originally subscribed for by tho taxpayer) the interest upon which Is wholly exempt from taxation. Interest paid on dividends held...
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Individual Income Tax Provisions of the Internal Revenue Code (second ...

United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...INTEREST. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from the taxes imposed by this chapter. [For nondeductibility...
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Individual Income Tax Provisions of the Internal Revenue Code: Applicable to ...

United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...INTEREST. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations...1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from the taxes imposed by this chapter. [For nondeductibility...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1966 - 1826 pages
...Interest Is received or accrued) wholly exempt from the taxes Imposed by this subtitle. (2) Interest. Interest on Indebtedness Incurred or continued to...1917, and originally subscribed for by the taxpayer) the Interest on which Is wholly exempt from the taxes Imposed by this subtitle. § 1.265-1 Expenses...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1960 - 1764 pages
...Interest is received or accrued) wholly exempt from the taxes Imposed by this subtitle. (2) Interest. Interest on Indebtedness Incurred or continued to...1917, and originally subscribed for by the taxpayer) the Interest on which is wholly exempt from the taxes Imposed by this subtitle. [TD6313. 23 PK 7174,...
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The Code of Federal Regulations of the United States of America

1976 - 536 pages
...accrued. All Interest paid or accrued within the taxable year on Indebtedness, except on Indebtedness Incurred or continued to purchase or carry obligations...1917, and originally subscribed for by the taxpayer) the Interest on which is wholly exempt from taxation under this subtitle. (в) Capital losses. Capital...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1979 - 580 pages
...accrued. All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations...September 24, 1917, and originally subscribed for by the .vpayer) the interest on which is wholly exempt from taxation under this subtitle. (6) Capital losses....
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The Code of Federal Regulations of the United States of America

1975 - 424 pages
...Interest is received or accrued) wholly exempt from the taxes Imposed by this subtitle. (2) Interest. Interest on Indebtedness Incurred or continued to...obligations of the United States Issued after September 24,1917, and originally subscribed for by the taxpayer) the interest on which is wholly exempt from...
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