 Secretary or his delegate may distribute, apportion, or allocate gross income, deductions, credits, or allowances between or among such organizations, trades, or businesses, if he determines that such distribution, apportionment, or allocation is necessary...  Regulations 86 Relating to the Income Tax Under the Revenue Act of 1934 - Page 120by United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 466 pagesFull view - About this book
 | United States - 1939 - 780 pages
...distribution of such obligation shall be recognized in the case of the distributing corporation. SEG 45. ALLOCATION OF INCOME AND DEDUCTIONS. In any case...of taxes or clearly to reflect the income of any of sucn organizations, trades, or businesses. SEC. 46. CHANGE OF ACCOUNTING PERIOD. If a taxpayer changes... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 1104 pages
...whether or not affiliated) owned or controlled directly or indirectly by the same interests, the assessor is authorized to distribute, apportion, or allocate...any of such organizations, trades, or businesses. The provisions of this section shall apply, but shall not be limited in application to any Requirement... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...the distribution of such obligation shall be recognized in the case of the distributing corporation. SEC. 45. ALLOCATION OF INCOME AND DEDUCTIONS. In any...any of such organizations, trades, or businesses. SEC. 46. CHANGE OF ACCOUNTING PERIOD. 55 the approval of the Commissioner, be computed on the hasis... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...or more organizations, trades, or businesses (whether or not incorporated, whether or not prganized in the United States, and whether or not affiliated)...any of such organizations, trades, or businesses. SEC. 46. CHANGE OF ACCOUNTING PERIOD. If a taxpayer changes his accounting period from fiscal year... | |
 | 1940 - 1806 pages
...Department of the Treasury relating to surety companies acceptable on Federal bonds, see 31 CFR Part 226. § 9.45-1 Determination of the taxable net income of a .controlled taxpayer — (a) Definitions. When... | |
 | 1941 - 1688 pages
...Commissioner may deem necessary to insure collection of the tax", by TD 4972, May 22, 1940; 5 FR 1904. SEC. 45. ALLOCATION OF INCOME AND DEDUCTIONS. In any...any of such organizations, trades, or businesses. § 19.45-1 Determination of the taxable net income of a controlled taxpayer — (a) Definitions. When... | |
 | 1939 - 1030 pages
...acceptable on Federal bonds, see 31 CFR Part 226. SEC. 45. ALLOCATION OF 1NCOME AND DEDUCTIONS. 1n any case of two or more organizations, trades, or...any of such organizations, trades, or businesses. 3.45-1 Determination of the taxable net income of a controlled taxpayer — (a) Definitions. When used... | |
 | United States. Congress. Senate. Committee on Finance - 1940 - 512 pages
...laws were mandatory or permissible. Under the present Internal Revenue Code, section 45 — SECTION 45. ALLOCATION OF INCOME AND DEDUCTIONS In any case...any of such organizations, trades, or businesses. provision for permissive consolidated returns at the taxpayer's option would be consistent with section... | |
 | United States. Board of Tax Appeals - 1941 - 1356 pages
...authorizes the Commissioner in any case whei-e, as here, two businesses are owned by one individual, "to distribute, apportion, or allocate gross income...any of such organizations, trades, or businesses." Petitioner upon brief contends that the respondent's action was not an allocation of gross income to... | |
 | United States - 1965 - 1110 pages
...his delegate may distribute, apportion, or allocate gross income, deductions, credits, or allowances between or among such organizations, trades, or businesses,...any of such organizations, trades, or businesses. (Aug. 16, 1954, ch. 736, 68A Stat. 162.) §483. Interest on certain deferred payments. (a) Amount constituting... | |
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