Comparison of the Revenue Acts of 1918 and 1921: With Index ... |
From inside the book
Results 6-10 of 100
Page 38
... pay the interest without deduction for any tax which the obligor may be required or permitted to pay thereon , or to retain therefrom under any law of the United States , the obligor shall deduct and withhold a tax equal to 2 per centum ...
... pay the interest without deduction for any tax which the obligor may be required or permitted to pay thereon , or to retain therefrom under any law of the United States , the obligor shall deduct and withhold a tax equal to 2 per centum ...
Page 39
... pay the same , unless such failure was fraudulent and for the purpose of evading payment . CREDIT FOR TAXES IN CASE OF INDIVIDUALS . SEC . 222. ( a ) That the tax computed under Part II of this title shall be credited with : ( 1 ) In ...
... pay the same , unless such failure was fraudulent and for the purpose of evading payment . CREDIT FOR TAXES IN CASE OF INDIVIDUALS . SEC . 222. ( a ) That the tax computed under Part II of this title shall be credited with : ( 1 ) In ...
Page 40
... payment by the taxpayer of any amount of tax found due upon any such redetermination ; and the bond herein prescribed shall contain such further conditions as the Commissioner may require . ( c ) These credits shall be allowed only if ...
... payment by the taxpayer of any amount of tax found due upon any such redetermination ; and the bond herein prescribed shall contain such further conditions as the Commissioner may require . ( c ) These credits shall be allowed only if ...
Page 44
... pay the tax imposed by section 1000 of the Revenue Act of 1918 as if such taxpayer had been a corporation on and after January 1 , 1921 . PART III . - CORPORATIONS . TAX ON CORPORATIONS . SEC . 230. That , in lieu of the tax im- posed ...
... pay the tax imposed by section 1000 of the Revenue Act of 1918 as if such taxpayer had been a corporation on and after January 1 , 1921 . PART III . - CORPORATIONS . TAX ON CORPORATIONS . SEC . 230. That , in lieu of the tax im- posed ...
Page 45
... payment of life , sick , accident , or other benefits to the members of such society , order , or association or their dependents ; ( 4 ) Domestic building and loan as- sociations substantially all the business of which is confined to ...
... payment of life , sick , accident , or other benefits to the members of such society , order , or association or their dependents ; ( 4 ) Domestic building and loan as- sociations substantially all the business of which is confined to ...
Common terms and phrases
20 per centum 50 cents accrued alcohol by volume amended amount of tax amount paid approval assessed basis benefit bonds calendar cents cigars collected computed contract dealer decedent December 31 distributed District of Columbia dividends estate or trust excess excess-profits taxes exempt fair market filing fiscal foreign corporation gross estate gross income hereby imposed by section income exceeds income tax interest Internal Revenue internal-revenue invested capital leaf tobacco levied Liberty Bond lieu manner manufacturer ment net income exceeds nonresident alien package par value paragraph partnership payable payment penalty personal service corporation place of business poration Provided further provided in section purposes refunded regulations prescribed Revenue Act Secretary section 230 sioner sold special tax stamp stock or shares subdivision tax equivalent tax imposed taxable taxpayer thereof tion trade or business United vided wines
Popular passages
Page 19 - gross income" includes gains, profits, and income derived from salaries, wages, or compensation for personal service of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property, whether real or personal, growing out of the ownership or use of or interest in such property; also from interest, rent, dividends, securities, or the transaction of any business carried on for gain or profit, or gains or profits and income derived...
Page 23 - ... 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.
Page 175 - ... or to permit any income return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person except as provided by law; and it shall be unlawful for any person to print or publish in any manner whatever not provided by law any income return or any part thereof or source of income, profits, losses, or expenditures appearing in any income return...
Page 92 - To the extent of the amount receivable by the executor as insurance under policies taken out by the decedent upon his own life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life.
Page 74 - ... the amount or source of income, profits, losses, expenditures, or any particular thereof, set forth or disclosed in any income return, or to permit any income return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person...
Page 21 - The income of foreign governments received from investments in the United States in stocks, bonds, or other domestic securities, owned by such foreign governments, or from interest on deposits in banks in the United States of moneys belonging to such foreign governments, or from any other source within the United States ; 56.
Page 73 - ... or more in any taxable year, or, in the case of such payments made by the United States, the officers or employees of the United States having information as to such payments and required to make returns in regard thereto...
Page 61 - States) ; (3) estate, inheritance, legacy, succession and gift taxes; and (4) taxes assessed against local benefits of a kind tending to increase the value of the property assessed...
Page 90 - ... (a) To the extent of the interest therein of the decedent at the time of his death which after his death is subject to the payment of the charges against his estate and the expenses of its administration and is subject to distribution as part of his estate...
Page 35 - ... (a) There shall be allowed as a deduction (in lieu of the deduction for charitable, etc., contributions authorized by section 23 (o) ) any part of the gross income, without limitation, which pursuant to the terms of the will or deed creating the trust...