Reports of the U.S. Board of Tax Appeals, Volume 12U.S. Government Printing Office, 1929 - Taxation |
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Results 1-5 of 100
Page 29
... authorized . It was testified that the directors in 1919 , by observation of the experience of other brewers in States which had adopted prohibition , knew that parts of their plant would become valueless . On December 18 , 1917 ...
... authorized . It was testified that the directors in 1919 , by observation of the experience of other brewers in States which had adopted prohibition , knew that parts of their plant would become valueless . On December 18 , 1917 ...
Page 63
... authorized capital of $ 100,000 , evidenced by 1,000 shares of stock of the par value of $ 100 each . Its operations were profitable and prior to 1910 it had assets worth substantially more than the par value of its outstanding stock ...
... authorized capital of $ 100,000 , evidenced by 1,000 shares of stock of the par value of $ 100 each . Its operations were profitable and prior to 1910 it had assets worth substantially more than the par value of its outstanding stock ...
Page 86
... authorized , and the parties of the second part have hereunto set their hands on the day and year first above written . NORTH AMERICAN OIL CONSOLIDATED , LOUIS TITUS , By ( Signed ) Its President . By ( Signed ) C. F. NANCE , Its ...
... authorized , and the parties of the second part have hereunto set their hands on the day and year first above written . NORTH AMERICAN OIL CONSOLIDATED , LOUIS TITUS , By ( Signed ) Its President . By ( Signed ) C. F. NANCE , Its ...
Page 104
... with its principal office at Kansas City . Its original authorized capital was $ 30,000 , but this was increased in 1914 to $ 100,000 , all outstanding and owned by D. Bruce 104 12 U. S. BOARD OF TAX APPEALS REPORTS .
... with its principal office at Kansas City . Its original authorized capital was $ 30,000 , but this was increased in 1914 to $ 100,000 , all outstanding and owned by D. Bruce 104 12 U. S. BOARD OF TAX APPEALS REPORTS .
Page 131
... authorized to collect the taxes y distraint and sale , section 3187 , Revised Statutes , and may , with ertain exceptions , levy upon all property and rights to property of the delinquent taxpayer , or upon all property and rights to ...
... authorized to collect the taxes y distraint and sale , section 3187 , Revised Statutes , and may , with ertain exceptions , levy upon all property and rights to property of the delinquent taxpayer , or upon all property and rights to ...
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Common terms and phrases
acquired agreement alleged amount assessment assets Bank basis Board bonds Boston Elevated Railway calendar capital stock cash cent claim COMMISSIONER OF INTERNAL Company computing consolidated contract corporation cost court December 31 deduction deficiency in income depletion depreciation determined dividends Docket Donaldson Co earnings entered under Rule evidence fair market value February filed FINDINGS OF FACT follows gross income included income and profits income tax interest INTERNAL REVENUE inventory invested capital issued James Couzens January January 31 Julius Rosenwald June 15 lease loans loss March March 11 mortgage net income operation opinion paid par value parties partnership payable payment peti petitioner petitioner's preferred stock prior proceeding profits taxes Promulgated June purchase Realty received redetermination respect Revenue Act Robert Whittaker Rosenwald Fund Rule 50 sold statute stockholders taxable taxpayer thereof tion tioner transferred Trust Western Maryland Railway
Popular passages
Page 563 - A conveyance by a partner of his interest in the partnership does not of itself dissolve the partnership, nor, as against the other partners in the absence of agreement, entitle the assignee, during the continuance of the partnership, to interfere in the management or administration of the partnership business or affairs...
Page 571 - The value of the gross estate of the decedent shall be determined by including the value at the time of his death...
Page 131 - ... shall be a lien in favor of the United States upon all property and rights to property, whether real or personal, belonging to such person.
Page 668 - In the case of a taxpayer engaged in a trade or business in which both personal services and capital are material income-producing factors...
Page 977 - The amount of all such items shall be included in the gross income for the taxable year in which received by the taxpayer, unless under methods of accounting permitted under subdivision (b) of Section 11, any such amounts are to be properly accounted for as of a different period.
Page 128 - ... (a) Method of collection. The amounts of the following liabilities shall, except as hereinafter in this section provided, be assessed, collected, and paid in the same manner and subject to the same provisions and limitations as in the case of a deficiency in a tax imposed by this...
Page 532 - The amount of all items of gross income shall be included in the gross income for the taxable year in which received by the taxpayer, unless, under methods of accounting permitted under section 41, any such amounts are to be properly accounted for as of a different period.
Page 783 - Where before the expiration of the time prescribed in section 275 for the assessment of the tax, both the Commissioner and the taxpayer have consented in writing to its assessment after such time, the tax may be assessed at any time prior to the expiration of the period agreed upon.
Page 391 - Debts ascertained to be worthless and charged off within the taxable year (or, in the discretion of the Commissioner, a reasonable addition to a reserve for bad debts) ; and when satisfied that a debt is recoverable only in part, the Commissioner may allow such debt, in an amount not in excess of the part charged off within the taxable year, as a deduction.
Page 727 - The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if no such method of accounting has been so employed, or if the method employed does not clearly reflect the income...