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 47by United States. Internal Revenue Service - 1951Full view - About this book
| United States. Tax Court - 1961 - 1230 pages
...year on indebted ness, except on indebtedness Incurred or continued to purchase or carry obliprntions (other than obligations of the United States issued...1917, and originally subscribed for by the taxpayer) tbe interest upon which is wholly exempt from the taxes imposed by this chapter. No contention is made... | |
| United States. Congress. Senate. Committee on Finance - 1968 - 732 pages
...there appears the following : "Amendment No. 17 : Under existing law interest paid on indebtedness incurred or continued to purchase or carry obligations...September 24, 1917, and originally subscribed for t>y the taxpayer) is not allowed as a deduction if the interest received on such obligations is wholly... | |
| United States. Internal Revenue Service - 1963 - 108 pages
...continued to purchase or carry obligations which yield interest wholly exempt from tnx・ except such obligations of the United States issued after September...1917・ and originally subscribed for by the taxpayer・ Deductions on account of interest should be Itemized and explained In Schedule A on page 2 of the return・... | |
| 1966 - 2090 pages
...accrued. All Interest paid or accrued within the taxable year on Indebtedness, except on indebtedness Incurred or continued to purchase or carry obligations...(other than obligations of the United States Issued alter September 24, 1917, and originally subscribed for by the taxpayer) the interest on which is wholly... | |
| 1961 - 86 pages
...purchaser. 18. Interest. — Enter interest paid or accrued on business indebtedness. Do not include interest on indebtedness incurred or continued to...1917, and originally subscribed for by the taxpayer) the interest on which is wholly exempt from income tax. (Section 265.) See section 267 for limitation... | |
| United States. Congress. House. Committee on Ways and Means - 1967 - 1204 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. 45 (6) Capital losses. —... | |
| United States. Tax Court - 1964 - 992 pages
...Interest la 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. on December 31, 1957,... | |
| United States. Tax Court - 1959 - 1456 pages
...Indebtedaes* except on Indebtedness Incurred or continued to purchase or carry obligations (other thai obligations of the United States Issued after September...taxpayer) tlie Interest upon which Is wholly exempt from the taxes Impoxd by tbli chapter. US 521 (1946). No one factor can be considered as controlling. As... | |
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