 | United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...be made as a condition to the continued use or possession, for purposes of the trade or business, or property to which the taxpayer has not taken or is not taking title or in which lie has no equity." This decision was rendered in what might be termed " a moot case." It was made... | |
 | United States - Finance - 1928 - 268 pages
...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...is not taking title or in which he has no equity. DEDUCTIONS ALLOWED CORPORATIONS SEC. 234. (a) In computing the net income of a corporation subject... | |
 | United States - Law - 1928 - 1164 pages
...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...is not taking title or in which he has no equity; Interest paid or accrued during taxable year; exception. (2) All interest paid or accrued within the... | |
 | Robert Hiester Montgomery - Excess profits tax - 1919 - 1016 pages
...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...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1320 pages
...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...taken or is not taking title or in which he has no equity.3 Section 234. [Corporations.] (a) That in computing the net 'See page 549. [Former Procedure]... | |
 | United States. Internal Revenue Service - Income tax - 1931 - 502 pages
...rentals or other pay mi-ills required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to...is not taking title or in which he has no equity. ART. 121. Business expenses. — Business expenses deductible from gross income include the ordinary... | |
 | United States. Congress. Senate. District of Columbia - 1932 - 110 pages
...payments required to be made as a condition to the continued use or possession for business purposes of property to which the taxpayer has not taken or is not taking title, or in which the taxpayer has no equity: Provided, That the provisions of this subdivision shall not be construed... | |
 | United States. Bureau of Internal Revenue - Income tax - 1933 - 452 pages
...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...is not taking title or in which he has no equity. ART. 121. Business expenses.—Business expenses deductible from gross income include the ordinary... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1933 - 1158 pages
...payments required to be made as a condition to the continued use or possession for business purposes of property to which the taxpayer has not taken or is not taking title, or in which the taxpayer has no equity : Provided, That the provisions of this subdivision shall not be construed... | |
| |
... 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... 
