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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 (other than obligations of the United States issued after September 24, 1917, and originally subscribed... "
Statistics of Income from Returns of Net Income - Page 259
by United States. Internal Revenue Service - 1951
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The State Department Reports of the State of New York, Volume 20, Issues 115-120

New York (State) - 1919 - 520 pages
...corresponding Federal provision reads as follows : "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), the interest...
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Journal of Accountancy, Volume 30

1920 - 502 pages
...inadmissibles. The law provides that interest paid on indebtedness incurred or continued to purchase obligations (other than obligations of the United States issued after September 24, 1917), the interest upon which is wholly exempt, is not deductible in computing net taxable income. The disallowance...
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Regulations 45 Relating to the Income Tax and War Profits and Excess Profits ...

United States. Bureau of Internal Revenue - 1920 - 346 pages
...there shall be allowed us deductions:] (2) 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), the interest...
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Internal Revenue Laws in Force May 1, 1920: With an Appendix Containing Laws ...

United States - 1920 - 1052 pages
...or in which it has no equity ; p*'d (^) -^ interest paid or accrued within the taxable year on its ith such oleomargarine any artificial coloration that causes it to look like butter of any or securities (other than obligations of the United States issued after September 24, 1917) the interest...
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Internal Revenue Laws in Force: With an Appendix Containing Laws of a ...

United States - 1920 - 1064 pages
...title, or in which it has no equity ; ^ ^^ interest paid or accrued within the taxable year on its of additions to his places of storage; or (2) who ships or delivers leaf tobacco, except as or securities (other than obligations of the United States issued after September 24, 1917) the interest...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 2

United States - 1920 - 1054 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 to purchase or carry obligations or securities (other than obligations of the United States issued after September 24. 1917), the interest...
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Pamphlets, Volume 35

Irving National Bank, New York - 1920 - 150 pages
...relatives. 2. Interest on Indebtedness — 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), the interest...
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Federal Income Tax and Its Relation to Real Property: Prepared on Behalf of ...

Real Estate Board of New York - 1920 - 112 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 securities (other than obligations of the United States issued after September 24, 1917) the interest...
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Fairchild's Daily News Record and Women's Wear National Directory ..., Volume 17

1920 - 622 pages
...taking title or in which he has no equity. (b) 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 Sept. 24, 1917), the interest...
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War Tax 1920: A Synopsis of the War Tax, with Accurate Tables and Concrete ...

1920 - 36 pages
...equity or title or is not taking title. 2. 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), the Interest...
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