... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity... Pamphlets - Page 10by Irving National Bank, New York - 1921Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1958 - 966 pages
...home in the pursuit of a trade or business ; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. In the ease of any sports program conducted for the benefit of the American National Red Cross, expenses... | |
| United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1955 - 908 pages
...any trade or business, Including a reasonable allowance for * * • payments required to be made as a condition to the continued use or possession, for...trade or business, of property to which the taxpayer ba! not taken or Is not takIng title or In which he has no equity. Opinion of the Court a transfer... | |
| Law reports, digests, etc - 1926 - 1144 pages
...rentals or other payments required to be made as a condition to the continued use or possession for the purposes of the trade, or business, of property to which the taxpayer has not taken, and is not taking, title, or in which he has no equity. A greater part of the money expended was undoubtedly... | |
| Philippines - Law - 1986 - 492 pages
...be made as a condition to the continued use or possession, for the purpose of the trade, profession or business, of property to which the taxpayer has...not taking title or in which he has no equity. (2) Expenses allowable to private educational institutions. — In addition to the expenses allowable as... | |
| Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...deductions: (l) All the ordinary and necessary expenses paid or incurred during tlie taxable year in carrying on any trade or business, including a reasonable...taken or is not taking title or in which he has no equity.8 Section 234. [Corporations.] (a) That in computing the net "See page 549. [Former Procedure]... | |
| George Edwin Holmes - Excess profits tax - 1919 - 1048 pages
...are discussed at length. Business Expenses. Citizens and residents may deduct from their gross income all ordinary and necessary expenses paid or incurred...taken or is not taking title or in which he has no equity.9 BUILDINGS USED FOR RENTAL PURPOSES. A landlord may claim as an expense any amounts expended... | |
| New York (N.Y.). Tax Commission - Taxation - 1919 - 106 pages
...deductions : 1. All the ordinary and necessary expenses paid or incurred during me taxable year in carrying on any trade or business, including a reasonable...not taking title or in which he has no equity. 2. In the case of a resident of the state such a proportion of the total interest paid or accrued during... | |
| National City Company, United States - Internal revenue law - 1919 - 104 pages
...deductions: 62. (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable...is not taking title or in which he has no equity. 63. (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness... | |
| Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...United States; (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable...is not taking title or in which he has no equity; (3) Taxes paid or accrued within the taxable year imposed (a) by the authority of the United States,... | |
| Henry Montefiore Powell - Corporations - 1919 - 708 pages
...deductions: 1. All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable...is not taking title or in which he has no equity. (Source: Fed. Rev. Act 1918 — § 214, ol. For meaning of "paid" and "paid or incurred" see § 350-6.... | |
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