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" ... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity... "
New York State Personal Income Tax Law: Summary and Text of Law. List of ... - Page 80
by Harris, Forbes & Co., New York - 1920 - 102 pages
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Fairchild's Daily News Record and Women's Wear National Directory ..., Volume 17

1920 - 622 pages
...rendered, including rentals or other payments required to be made as a condition to the continued use of possession for purposes of the trade or business,...is not 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...
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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
...rentals or other payments required to be made as a condition to the continued use or possession, for the purposes of the trade or business, of property to...not 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...
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Pamphlets, Volume 35

Irving National Bank, New York - 1920 - 150 pages
...payments required to be made as a condition to the continued use or possession for purposes of the business of property to which the tax-payer has not...is not taking title or in which he has no equity. Expenses of landlord in maintaining the property rented out by him may be deducted. Contributions or...
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The Income and Other Federal Taxes as Affected by Patents, Trade-marks ...

Rex Frye - 1921 - 350 pages
...disposition of goods within the United States. DEDUCTIONS ALLOWED. SEC. 214. (a) That in computing net income there shall be allowed as deductions: (1) All...not 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...
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Laws of the State of New York, Volume 2

New York (State) - 1921 - 1090 pages
...hundred and twenty, imended. is hereby amended to read as follows: § 360. Deductions. In computing net income there shall be allowed as deductions: 1. All...not taking title or in which he has no equity. 2. All interest paid or accrued during the taxable year on indebtedness. 3. Taxes other than income taxes...
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Pamphlets, Volumes 45-46

Irving National Bank, New York - 1921 - 140 pages
...only if and to the extent that they are connected with income arising from sources within the state: (1) All the ordinary and necessary expenses paid or...not taking title, or in which he has no equity. (2) Interest — All interest paid or accrued during the taxable year on indebtedness. (3) Taxes other...
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Tax Law of the State of New York: Being L. 1909, Chap. 62, Entitled "An Act ...

New York (State) - 1921 - 324 pages
...627 ; thus am'd by L. 1920, chap. 695, in effect May 10, 1920.) § 360. Deductions. In computing net income there shall be allowed as deductions : 1. All...purposes of the trade or business, of property to whidh the taxpayer has not taken or is not taking title or in which he has no equity. 2. All interest...
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Statutes of the United States of America

United States - 1921 - 642 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...not 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...
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Digest of the Federal Revenue Act of 1921: For Income and Excess Profits ...

National City Company - 1921 - 104 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity." There is a deduction here not before given to persons traveling on business. 75 "(2) All interest paid...
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State Taxation of Personal Incomes

Alzada Comstock - 1921 - 258 pages
...rentals or other payments required to be made as a condition to the continued use or possession, for the purposes of the trade or business, of property to...or is not taking title or in which he has no equity : (b) All interest paid during the income year on indebtedness ; (c) Taxes paid or accrued within the...
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