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" All interest paid or accrued within the taxable year on 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, and originally... "
Tax Evasion and Avoidance: Hearings Before the Joint Committee on Tax ... - Page 111
by United States. Congress. Joint Committee on Tax Evasion and Avoidance - 1937
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 4

United States - 1922 - 1028 pages
...carry obligations or securities (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 exempt from taxation under this title; (3) Taxes paid or accrued within the taxable year except (a) income, warprofits,...
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Virginia Tax Laws, 1922: With Sections of the Code and Acts of ..., Volume 287

Virginia - 1922 - 350 pages
...or profits received therefrom shall be deducted. (h) All interest paid within the year on existing indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities the interest from which is exempt from taxation under this act. (i) The actual amount paid during the...
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Pollard's Supplement to the Code of Virginia, 1922: Containing All Statutes ...

Virginia - 1922 - 1356 pages
...or profits received therefrom shall be deducted. (h) All interest paid within the year on existing indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities the interest from which is exempt from taxation under this act. (i) The actual amount paid during the...
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Practical Questions and Answers on the Federal Tax Laws Affecting Individual ...

Irving Bank. Columbia Trust Company - 1923 - 148 pages
...price or value as of March 1, 1913; (8) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly...
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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
...title, or in which it has no equity; (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or Act of 1818. subdivision (b) of section 212 or in section 226. GROSS INCOME DEFINED. Sec 233. (a) That...
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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
...title, or in which it has no equity ; (2) All interest paid or accrued within the taxable year on its indebtedness; except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly...
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Accounting Principles Underlying Federal Income Taxes: 1924

Eric Louis Kohler - 1924 - 514 pages
...price or value as of March 1, 1913; (8) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly...
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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
...deductible Sec. 215. (a), p. 112. SEC. 214. (a) (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued...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...
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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
...reasonable allowance for obsolescence; (8) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly...
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Income Tax Accounting

John F. Sherwood - 1925 - 206 pages
...taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued...than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly...
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