 | Clem Wetzell Collins - Accounting - 1928 - 976 pages
...amounts received as compensation for personal services actually rendered. If the taxpayer is engaged in business in which both personal services and capital are material income-producing factors, a reasonable allowance as compensation for the personal services rendered by the taxpayer not in excess... | |
 | United States - Law - 1964 - 1098 pages
...for the personal services actually rendered. In the case of a taxpayer en§911 Page 1437 {911 gaged in a trade or business In which both personal services...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
 | Administrative law - 1978 - 948 pages
...for personal services rendered by him to a corporation which represents a distribution of earnings or profits rather than a reasonable allowance as compensation...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
 | Administrative law - 1977 - 864 pages
...distribution of earnings or profits rather than a reasonable allowance as compensation for the persona] services actually rendered. In the case of a taxpayer...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1963 - 1436 pages
...for personal services rendered by him to a corporation which represents a distribution of earnings or profits rather than a reasonable allowance as compensation...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1967 - 1510 pages
...Internal Revenue Code of 1954. Another partnership is engaged, in the United States and abroad, in a business in which both personal services and capital are material income-producing factors. The partnership agreement provides that a partner assigned to a foreign branch is to receive his entire... | |
 | United States. Congress. House. Committee on Ways and Means - Social security - 1961 - 520 pages
...for personal services rendered by him to a corporation which represents a distribution of earnings or profits rather than a reasonable allowance as compensation...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
 | United States. Congress. Senate. Committee on Finance - Finance, Public - 1962 - 1730 pages
...for personal services rendered by him to a corporation which represents a distribution of earnings or profits rather than a reasonable allowance as compensation...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1963 - 1264 pages
...for personal services rendered by him to a corporation which represents a distribution of earnings or profits rather than a reasonable allowance as compensation...factors, under regulations prescribed by the Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer,... | |
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Secretary or his delegate, a reasonable allowance as compensation for the personal services rendered by the taxpayer, not in excess of 30 percent of his share of the net profits of such trade or business, shall be considered as earned income. 
