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" That as used in this title the term "invested capital" for any year means (except as provided in subdivisions (b) and (c) of this section): (1) Actual cash bona fide paid in for stock or shares; (2) Actual cash value of tangible property, other than cash,... "
Cases Decided in the Court of Claims of the United States - Page 203
by United States. Court of Claims - 1928
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Revenue Bill: Hearings Before the Committee on Ways and Means ..., Volumes 19-27

United States. Congress. House. Committee on Ways and Means - 1918 - 666 pages
...Mr. DUSTIN. I will read that again. I think section 207 should read as follows: That as used in thin title the term " invested capital " for any year means...defined and limited in this title, averaged monthly. There is no change in that. As used in this title "invested capital" does not include stocks, bonds...
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Federal Income Tax, Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - 1918 - 260 pages
...allowable to individuals in subdivision (a) of section six of such Act as amended by this Act. Sec. 207. That as used in this title the term "invested capital"...means the average invested capital for the year, as denned and limited in this title, averaged monthly. As used in this title "invested capital" does not...
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Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp ...

George Edwin Holmes - 1919 - 1052 pages
...to be the fair market value as of the date or dates of issue of such stock or shares. Sec. 326. (a) That as used in this title the term "invested capital "-for any year means (except as provided in subdivision (b) and (c) of this section) : (1) Actual cash bona fide paid in...
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Canada; Economic Position and Plans for Development

Guaranty Trust Company of New York - 1919 - 664 pages
...accordance with the provisions of subdivision (a) of section 326, section 330, and section 331. SEC. 326.(a) That as used in this title the term "invested capital" for any year means (except as provided in subdivisions (b) and (c) of this section): (2) Actual cash value of tangible...
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United States Revenue Act, 1918: Annotated and Indexed. Passed, 1919 ...

National City Company, United States - 1919 - 104 pages
...the fair market value as of the date or dates of issue of such stock or shares. 255. SEC. 326. (a) That as used in this title the term "invested capital" for any year means (except as provided in subdivisions (b) and (c) (par. 261-262) of this section) : 256. (1) Actual cash...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 2

United States - 1920 - 1054 pages
...stock or shares. [40 Stat. L. 1091.] SEC. 326. [" Invested capital "—Meaning and scope of term.] (a) That as used in this title the term " invested capital " for any year means (except as provided in subdivisions (b) and (c) of this section) : (1) Actual cash bona fide paid in...
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Pamphlets, Volume 35

Irving National Bank, New York - 1920 - 150 pages
...to be the fair market value as of the date or dates of issue of sucfr stock or shares. Sec. 326. (a) That as used in this title the term "invested capital" for any year means (except as provided in subdivisions (b) and (c) of this section): (1) Actual cash bona fide paid in...
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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
...invested capital under paragraphs (4) and (5) of section 326 (a). INVESTED CAPITAL. 1 SBC. 326. (a) That as used in this title the term "invested capital " for any year means (except as provided in subdivisions (b) and (c) of this section): (1) Actual cash bona fide paid in...
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Cumulative Bulletin ... Income Tax Rulings, Volume 2

United States. Bureau of Internal Revenue - 1921 - 778 pages
...carried on (the cost of which is not stated), and it was proved that the lands contained 1 SEC. 207. That as used In this title, the term " Invested capital " for any year means the average Invebted capital (or the yeai. as defined aud limited in tbls title, averaged monthly. As used In tbls...
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The Income and Other Federal Taxes as Affected by Patents, Trade-marks ...

Rex Frye - 1921 - 350 pages
...to be the fair market value as of the date or dates of issue of such stock or shares. SEC. 326. (a) That as used in this title the term 'invested capital' for any year means (except as provided in subdivisions (b) and (c) of this section) : (1) Actual cash bona fide paid in...
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