 ... (b) 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...  Reports of the U.S. Board of Tax Appeals - Page 394by United States. Board of Tax Appeals - 1939Full view - About this book
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1959 - 1028 pages
...because of the I8ec. 23. Deductions from grogs Income. In computing net Income there shall be allowed as deductions : ***** (b) Interest. — All Interest...obligations of the United States Issued after September 24, 1017, and originally subscribed for by the taxpayer) the Interest upon which Is wholly exempt from... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1962 - 964 pages
...of 1939, Sec. 23. Deductions from Gross Income. "In computing net income there shall be allowed as deductions: * * * (b) Interest. All interest paid...or accrued within the taxable year on indebtedness, * * *" 26 USC 1952 ed., Sec. 23. Internal Revenue Code of 1954, Sec. 163. Interest. "(a) General Rule.... | |
 | United States. Court of Claims - Law reports, digests, etc - 1930 - 854 pages
...free from doubt. Deduction may be had of " all interest paid or accrued within the taxable year on its 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, and originally... | |
 | New York (State). Comptroller's Office - Finance - 1919 - 24 pages
...state deduction is on the basis stated above. The corresponding federal provision reads as follows: " All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of 'the United States, issued after September 24, 1917), the... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...(b). — LAW. Section 234. (a) .... (2) All interest paid or accrued within the taxable year on its 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) the interest... | |
 | George Edwin Holmes - Excess profits tax - 1919 - 1048 pages
...property to which the taxpayer has not taken or is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the Unite.1 States issued after September 24, 1917), the interest... | |
 | National City Company, United States - Internal revenue law - 1919 - 104 pages
...property to which the taxpayer has not taken or is not taking title or in which he has no equity. 63. (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest... | |
 | Harris, Forbes & co., New York - Income tax - 1919 - 164 pages
...property to which the taxpayer has not \ taken or is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest... | |
 | Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...United States. SEC. 214. (a) That in computing net income there shall be allowed as deductions: (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest... | |
 | New York (State) - Administrative courts - 1919 - 520 pages
...Comptroller [Vol. 20] the basis stated above. The corresponding Federal provision reads as follows : "All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States, issued after September 24. 1917), the interest... | |
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