Digest of the Federal Revenue Act of 1921: For Income and Excess Profits Taxes for 1921, 1922 and Subsequent Years, with Tables for Calculation of Tax and for Comparison of Taxes; Act Passed November 23, 1921. Effective for Income Tax January 1, 1921National City Company, 1921 - 99 halaman |
Dari dalam buku
Hasil 1-5 dari 19
Halaman 7
... Company. CONTENTS DEFINITIONS ( Words and phrases used in the Law ) . Income Tax .... Modifications of Revenue Act of 1918 .. Income Tax - definition .. Sources of Tax ..... To whom tax applies . Kinds of Tax ... Insurance Companies - tax 5.
... Company. CONTENTS DEFINITIONS ( Words and phrases used in the Law ) . Income Tax .... Modifications of Revenue Act of 1918 .. Income Tax - definition .. Sources of Tax ..... To whom tax applies . Kinds of Tax ... Insurance Companies - tax 5.
Halaman 8
... Company. Income Tax ( Continued ) . Insurance Companies - tax on income of ..... Credit in Computing taxable income - Individual . -Corporations -against tax computed on return - Individuals . -Corporations . -of tax collected at source ...
... Company. Income Tax ( Continued ) . Insurance Companies - tax on income of ..... Credit in Computing taxable income - Individual . -Corporations -against tax computed on return - Individuals . -Corporations . -of tax collected at source ...
Halaman 9
... Company. Definitions ( Words and phrases used in the Law ) .. Comment and Digest .Pages 9 to 24 ( Paragraphs of text are ... insurance companies . 93-106 92-106 202 ..... 196 -contributions or gifts by individuals 88 .... 205 debts ...
... Company. Definitions ( Words and phrases used in the Law ) .. Comment and Digest .Pages 9 to 24 ( Paragraphs of text are ... insurance companies . 93-106 92-106 202 ..... 196 -contributions or gifts by individuals 88 .... 205 debts ...
Halaman 11
... Company. Collector The term " collector " means the Collector of Internal Revenue . Commissioner The term " Commissioner ... insurance companies . Dividends That the term " dividend " when used in this title ( except in paragraph 10 ) of ...
... Company. Collector The term " collector " means the Collector of Internal Revenue . Commissioner The term " Commissioner ... insurance companies . Dividends That the term " dividend " when used in this title ( except in paragraph 10 ) of ...
Halaman 21
... Company. If the inventory is taken on the alternative basis , inventory should be in above form and the value shown in ... insurance companies . Where a taxpayer sustaining a net loss has a fiscal year be- ginning in 1920 , the amount of ...
... Company. If the inventory is taken on the alternative basis , inventory should be in above form and the value shown in ... insurance companies . Where a taxpayer sustaining a net loss has a fiscal year be- ginning in 1920 , the amount of ...
Edisi yang lain - Lihat semua
Digest of the Federal Revenue Act of 1921: For Income and Excess Profits ... National City Company Pratinjau tidak tersedia - 2016 |
Istilah dan frasa umum
4th Loan amount of tax benefit calendar cash cent centum claim Commissioner corporation income cost December 31 deductions allowed determining gain District of Columbia domestic corporation domestic partnerships estate or trust excess profits tax February 28 filed flat tax foreign corporation gain or loss gross income included income in excess Income Tax Law insurance companies interest paid Internal Revenue inventory June 15 LIBERTY BOND EXEMPTIONS non-resident alien nonresident alien individual Normal and Surtax normal tax November 23 paragraph partnerships payment personal exemption personal service corporation prior property acquired purchase purpose Rate Tax reasonable allowance refunded resident aliens return of income Revenue Act section 262 shareholder or member specific credit stockholders subdivision subject to income substantially identical property surplus Table tax computed tax imposed tax paid Tax Total taxable income taxation of income taxpayer term thereafter thereof tion Total Tax trade or business value March war-profits and excess-profits withholding agent
Bagian yang populer
Halaman 38 - Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business...
Halaman 47 - States as is allowed as a credit against the tax under section 131 ; and (3) taxes assessed against local benefits of a kind tending to increase the value of the property assessed...
Halaman 51 - In the case of insurance companies (other than life insurance companies), in addition to the above (unless otherwise allowed): (A) The net addition required by law to be made within the taxable year to reserve funds (including in the case of assessment insurance companies the actual deposit of sums with State or Territorial officers pursuant to law as additions to guarantee or reserve funds); and (B) the sums other than dividends paid within the taxable year on policy and annuity contracts.
Halaman 34 - The value of property acquired by gift, bequest, devise, or descent (but the income from such property shall be included in gross income) ; (4) Interest upon (a) the obligations of a State, Territory, or any political subdivision thereof, or the District of Columbia; or (b) securities issued under the provisions of the Federal Farm Loan Act of July 17, 1916; or (c) the obligations of the United States...
Halaman 45 - In the case of a nonresident alien individual, the deductions allowed in subdivision (a), except those allowed in paragraphs (5), (6), and (10), shall be allowed only if and to the extent that they are connected with income from sources within the United States...
Halaman 54 - Fraternal beneficiary societies, orders, or associations : (a) operating under the lodge system or for the exclusive benefit of the members of a fraternity itself operating under the lodge system...
Halaman 41 - A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence.
Halaman 52 - Secretary, expended in the acquisition of other property similar or related in service or use to the property so converted, or in the acquisition of control of a corporation owning such other property, or in the establishment of a replacement fund, no gain or loss shall be recognized. If any part of the money is not so expended...
Halaman 53 - Premiums paid on any life insurance policy covering the life of any officer or employee, or of any person financially interested in any trade or business carried on by the taxpayer, when the taxpayer is directly or indirectly a beneficiary under such policy...
Halaman 43 - The United States, any state, territory, or any political subdivision thereof, or the District of Columbia, for exclusively public purposes.