| 1970 - 426 pages
...prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes of personal property on the installment plan may return...any taxable year that proportion of the installment payment* actually received in that year which the gross profit. realized or to be realized when payment... | |
| 1970 - 366 pages
...Secretary or his delegate, a person who regularly sells or otherwise disposes of personal property cm the Installment plan may return as Income therefrom In any taxable year that proportion oí the Installment payments actually received in that year which the gross profit. realized or to... | |
| United States. Tax Court - 1979 - 1248 pages
...PROPERTY.— (1) IN GENERAL.— • • • a |> rson who regularly sells or otherwise disposes of personal property on the installment plan may return...payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
| United States. Tax Court - 1983 - 1248 pages
...prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes of personal property on the installment plan may return...payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
| United States. Tax Court - 1987 - 1584 pages
...prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes of personal property on the installment plan may return...payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
| United States. Tax Court - 1971 - 1470 pages
...regulations prescribed by the Secretary or his delegate, a person who • • • sells • • • property on the Installment plan may return as Income...payments actually received In that year which the gross profit, realized or to be realized when payment Is completed, bears to the total contract price.... | |
| United States. Tax Court - 1972 - 988 pages
...Installment method of accounting prescribed In section 453 may return as Income from Installment sales In any taxable year that proportion of the Installment...payments actually received In that year which the gross profit realized or to be realized when the property Is paid for bears to the total contract price.... | |
| United States. Tax Court - 1971 - 1242 pages
...satisfied, a taxpayer is entitled to report as income in any taxable year from the sale of realty only "that proportion of the installment payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price."... | |
| United States. Tax Court - 1972 - 1166 pages
...prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes of personal property on the Installment plan may return...Installment payments actually received In that year which tbe gross profit, realized or to be realized when payment Is completed, bears to the total contract... | |
| National Tax Association - 1928 - 524 pages
...that proportion of the installment payments actually received in a taxable year which the total profit realized when the payment is completed bears to the total contract price. North Carolina The rate of the income tax on corporations has been increased from four per cent to... | |
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