That in the case of a bona fide sale of mines, oil or gas wells, or any interest therein, where the principal value of the property has been demonstrated by prospecting or exploration and discovery work done by the taxpayer... Illinois Law Review - Halaman 4901923Tampilan utuh - Tentang buku ini
| United States. Congress. Senate. Committee on Finance - 1918 - 82 halaman
...jiixn-l,io revenue, and for other yurixises. viz : ils, ailil M new secnon. as follows: Sn . :?;57. In the case of a bona fide sale of mines, oil or pis wells, or any intorv.M thoivin. by a coipnnuion owner thereof, the tax computed uned this title... | |
| George Edwin Holmes - 1919 - 1052 halaman
...including penalties, nre herebv made applicable to the taxes imposed by this title. Sec. 337. That in the case of a bona fide sale of mines, oil or gas...the taxpayer, the portion of the tax imposed by this title attributable to such sale shall not exceed 20 per centum of the selling price of such property... | |
| 1919 - 344 halaman
...— • In the case of a bona fide sale oí mines, oil or gas wells, or any interest therein, when the principal value of the property has been demonstrated...worK done by the taxpayer, the portion of the tax Impos.-d by this section attributable to such sale shall not exceed 20 per centum of the selling price... | |
| Guaranty Trust Company of New York - 1919 - 664 halaman
...Congress placed a limitation on the tax on the sale of mines, oil or gas wells. The law provides that in the case of a bona fide sale of mines, oil or gas wells, or any interest therein, where the taxpayer, by prospecting and locating claims, or by exploring and discovering undeveloped claims, has... | |
| Ewell D. Moore - 1919 - 44 halaman
...net taxable income is taken as the basis. On pages 16 and 17 is shown an income tax table. In case of bona fide sale of mines, oil or gas wells, or any interest therein, where the principal value has been demonstrated by prospecting or exploration or discovery work done by the taxpayer, the portion... | |
| Harris, Forbes & co., New York - 1919 - 164 halaman
...does not exceed $1,000,000; 65 per centum of the amount by which the net income exced $1,000,000. (b) In the case of a bona fide sale of mines, oil or gas wells, any interest therein, where the principal value of the property has bee demonstrated by prospecting... | |
| United States. Internal Revenue Service - 1919 - 168 halaman
...in order to take advantage of this clause in the law must prove — (a) A bona fide sale. (b) That the principal value of the property has been demonstrated by prospecting or exploration and development work done by the taxpayer. This benefit will accrue only to the holdings of the taxpayer... | |
| National City Company, United States - 1919 - 104 halaman
...including penalties, are hereby made applicable to the taxes imposed by this title. 286. SEC. 337. That in the case of a bona fide sale of mines, oil or gaa wells, or any interest therein, where the principal value of the property has been demonstrated... | |
| George Edwin Holmes - 1919 - 1048 halaman
...inapplicable, including penalties, nr.hereby made applicable to the taxes imposed by this title. Sec. 337. That in the case of a bona fide sale of mines, oil or ga.wells, or any interest therein, where the principal value of the prop ertv has been demonstrated... | |
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