Tax Revision Compendium: Compendium of Papers on Broadening the Tax Base, Volume 3

Front Cover
U.S. Government Printing Office, 1959 - Income tax - 2382 pages

From inside the book

Contents

A Proposed New Treatment for Corporate Distributions and Sales
1643
Regulated Investment CompaniesTax TreatmentEdwin S Cohen
1653
Regulated Investment CompaniesNature of OperationsHerbert
1671
Real Estate Investment Syndicate Harry Janin
1679
Real Estate Investment TrustsH Cecil Kilpatrick
1697
Treatment of Partners and PartnershipsArthur Willis_
1707
Subchapter SIts Role in the Tax LawsJoseph P Driscoll
1723
Subchapter SSome Policy QuestionsKarl R Price_
1731
Report on Subchapter SFrederick A Nicholson
1741
Estates and TrustsNorman A Sugarman
1749
TAXATION OF FAMILY INCOME
1754
Income of Estates and TrustsJames P Johnson and Weston Vernon Jr
1759
Comparative Tax Treatment of Mutual Savings Institutions and Com
1767
The Corporation Income Tax and Its Application to Mutual Finance
1783
Federal Income Taxation of Mutual Savings Banks and Savings and Loan
1795
An Analysis of the Federal Income Tax Law and Its Application to Mutual
1811
Federal Income Taxes of Mutual Financial Companies with Particular
1819
VOLUME 1
1826
Some Considerations on the Taxation of Credit UnionsJohn T Croteau__
1833
The Taxation of CooperativesFred W Peel_
1867
Taxation of CooperativesWilliam C Warren
1879
A Functional Approach to the Federal Income Taxation of Farmers
1889
CooperativesSamuel J Lanahan__
1901
The Exemption of Cooperatives from Income TaxationRoswell Magill
1927
Cooperatives and Federal Income TaxesWilfrid E Rumble
1939
The Proper Treatment of CooperativesCharles E Nieman
1967
TAXATION OF INSURANCE COMPANIES
1983
General Business Expenses
1994
Tax Exempt OrganizationsLewis E Harris
2101
Business Income of Exempt OrganizationsNorman Sugarman_
2115
Business Activities of Exempt Scientific Research OrganizationsScott
2127
Research and Development Expenditures
2133
Taxation of Income from Foreign SourcesRoy_Blough
2145
Special Problems in Corporate Taxation Foreign IncomeRaphael Sherfy
2153
An Analysis of Some of the Limitations on the Base for U S Taxation
2171
Foreign Source Income Its Relationship to the Tax Base and Rates
2181
Reporting Foreign Business Income After Currency DevaluationWilliam
2189
How Progressive Is the Income Tax?Richard A Musgrave__
2223
TREATMENT OF CAPITAL GAINS
2225
Taxation and the Size Distribution of IncomeRobert J Lampman_
2235
Income Tax Rates and Incentives To Work and To InvestGeorge
2247
Individual Income Tax RatesArthur Smithies__
2257
Individual Income Tax Rates and Rate StructureRoland M Bixler___
2265
B CORPORATE RATES
2274
Corporation Income Tax RatesRichard Goode
2281
Corporate Income Tax Rate StructureM Slade Kendrick
2289
The Role of Income Taxes in the U S Tax System and the Scope of
2292
Corporate Income Tax RatesGeorge Terborgh
2299
VOLUME 2
2301
Corporate Rates and Need for Balanced Economic GrowthNathaniel
2313
G BUSINESS DEDUCTIONS
2326
Builtin Tax Flexibility and the Experience of the FiftiesKenyon
2331
Some Observations on the Role and Reform of the Federal Income Tax
2345
The Personal Income Tax as an Automatic StabilizerE Cary Brown__
2357
Flexibility Versus Stability of Revenue YieldHarley L Lutz
2363
Proper Income Tax Treatment of Deductions for Personal Expense
2374

Common terms and phrases

Popular passages

Page 1927 - The farmers' cooperatives exempt from taxation to the extent provided in subsection (a) are farmers', fruit growers', or like associations organized and operated on a cooperative basis (A) for the purpose of marketing the products of members or other producers, and turning back to them the proceeds of sales, less the necessary marketing expenses...
Page 1928 - ... substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled or permitted to participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market their products or purchase their supplies and equipment through the association...
Page 1949 - ... organized and operated on a cooperative basis, (a) for the purpose of marketing the products of members or other producers, and turning back to them the proceeds of sales, less the necessary marketing expenses, on the basis of either the quantity or the value of the products furnished by them, or (b) for the purpose of purchasing supplies and equipment for the use of members or other persons, and turning over such supplies and equipment to them at actual cost, plus necessary expenses.
Page 1767 - Domestic building and loan associations substantially all the business of which is confined to making loans to members; and cooperative banks without capital stock organized and operated for mutual purposes and without profit...
Page 2091 - Income derived from any public utility or the exercise of any essential governmental function and accruing to a State or Territory, or any political subdivision thereof...
Page 1671 - ... with the Securities and Exchange Commission under the Investment Company Act of 1940, such reliance would constitute reasonable cause for purposes of this paragraph.
Page 1928 - Is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products of nonmembers In an amount the value of which does not exceed the value of the products marketed for members...
Page 1950 - In computing taxable income in the same manner as in the case of a cooperative organization not exempt under section 521. Such dividends, refunds, and rebates made after the close of the taxable year and on or before the 15th day of the 9th month following the close of such year...
Page 1712 - The taxable year of a partnership shall be determined as though the partnership were a taxpayer. A partnership may not change to, or adopt, a taxable year other than that of all its principal partners unless it establishes, to the satisfaction of the Secretary or his delegate, a business purpose therefor.
Page 1916 - manufacturer" includes a person who produces a taxable article from scrap, salvage, or junk material, as well as from new or raw material, (1) by processing, manipulating, or changing the form of an article, or (2) by combining or assembling two or more articles.