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" Interest. — 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,... "
Comparison of the Revenue Acts of 1934 and 1936 - Page 22
by United States, United States. Congress. House. Committee on Ways and Means - 1936 - 290 pages
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The Code of Federal Regulations of the United States of America

1977 - 568 pages
...'4) Depreciation. The depreciation deduction allowed by section 167. (5) Interest paid or accrued. All interest paid or accrued within the taxable year...on indebtedness incurred or continued to purchase or carry ob§ 1.822 ligations (other than obligations of the United States issued after September 24....
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Code of Federal Regulations: Containing a Codification of Documents of ...

1998 - 706 pages
...interest on which is not wholly exempt from the taxes imposed under Subtitle A of the Code, or (2) obligations of the United States issued after September...originally subscribed for by the taxpayer, the interest on which is wholly exempt from the taxes Imposed by Subtitle A of the Code, is deductible. For rules...
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Taxable and Business Income

Dan Throop Smith, John Keith Butters - 1949 - 376 pages
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The Code of Federal Regulations of the United States of America

1975 - 424 pages
...accrued) wholly exempt from the taxes Imposed by this subtitle. (2) Interest. Interest on Indebtedness Incurred or continued to purchase or carry obligations...obligations of the United States Issued after September 24,1917, and originally subscribed for by the taxpayer) the interest on which is wholly exempt from...
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Cases and Materials on Federal Taxation

Roswell Foster Magill - 1950 - 580 pages
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American Federal Tax Reports, Volume 38

1950 - 1676 pages
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Federal Income, Estate and Gift Tax Laws, Correlated: Being a Correlation of ...

United States, Walter Elbert Barton - 1950 - 1126 pages
...contract. Sec. 201. (o) (6) Interest paid. —The term "interest paid" means (A) All interest paid within the taxable year on indebtedness, except on...than obligations of the United States issued after SepTaxable Years Beginning before 1944 Sec. 2O1. (c) (3) Adjusted re. serves. Section originated 1942...
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Statistics of Income from Returns of Net Income

United States. Internal Revenue Service - 1951 - 1868 pages
...11. INTEREST Enter the amount of interest paid or accrued during the taxable year on the company's indebtedness, except on indebtedness incurred or continued...September 24, 1917. and originally subscribed for bv (he taxpayer) the interest upon which is wholly exempt from taxation. 12. OTHER CAPITAL LOSSES Enter...
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Statistics of Income from Returns of Net Income

United States. Internal Revenue Service - 1951 - 2286 pages
...interest paid or accrued on business indebtedness. Do not include in item 21 interest on indebtedness incurred or continued to purchase or carry obligations...1917, and originally subscribed for by the taxpayer) tlie interest upon which is wholly exempt from taxation. (Sac also General Instruction С with re fere...
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Federal Supplement: Cases Argued and Determined in the District ..., Volume 106

1952 - 1092 pages
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