United States Revenue Act, 1918: Annotated and Indexed. Passed, 1919 ... |
From inside the book
Results 1-5 of 15
Page 5
... packages . ..607-608 Determination par value stock shares .. 254 Partnerships : Reorganization , consolidation or change of ownership.279 Credits allowed for normal tax . Fiscal year with different rates . 88 89-90 Individual tax 87 ...
... packages . ..607-608 Determination par value stock shares .. 254 Partnerships : Reorganization , consolidation or change of ownership.279 Credits allowed for normal tax . Fiscal year with different rates . 88 89-90 Individual tax 87 ...
Page 47
... package , parcel , or shipment , by express , transported from one point in the United States to another ; and a like tax on the amount paid for such transportation within the United States of property transported from a point without ...
... package , parcel , or shipment , by express , transported from one point in the United States to another ; and a like tax on the amount paid for such transportation within the United States of property transported from a point without ...
Page 51
... packages of a capacity of not less than 40 wine gallons , may be made in addition to that provided in said Section 50 , as amended ; and a like additional allowance of one proof gallon as to each package withdrawn may be made for each ...
... packages of a capacity of not less than 40 wine gallons , may be made in addition to that provided in said Section 50 , as amended ; and a like additional allowance of one proof gallon as to each package withdrawn may be made for each ...
Page 52
... Packages filled other high - proof spirits , packages may be filled with such spirits from receiving reduced to not less than one hundred proof from the receiving cisterns cisterns at reg- and tax paid without being entered into bonded ...
... Packages filled other high - proof spirits , packages may be filled with such spirits from receiving reduced to not less than one hundred proof from the receiving cisterns cisterns at reg- and tax paid without being entered into bonded ...
Page 54
... package covered by stamp for is to be broken into smaller packages . 368. The Commissioner , with the approval of the Secre ized to discontinue the use of the following stamps w judgment the interests of the Government will be subser ...
... package covered by stamp for is to be broken into smaller packages . 368. The Commissioner , with the approval of the Secre ized to discontinue the use of the following stamps w judgment the interests of the Government will be subser ...
Common terms and phrases
20 per centum accrued alcohol by volume amended amount paid approval assessed bonded warehouse calendar cents centum cigars collected Commissioner of Internal computed containing contract dealer decedent deductions deemed distilled spirits distillery district District of Columbia dividends entitled An Act estate or trust ethyl alcohol excess exempt fermented fiduciary filing fiscal gallon gross estate gross income hereby imposed by Section income exceeds interest Internal Revenue internal-revenue invested capital issued leaf tobacco lease levied lieu liquor manner manufacturer ment net income exceeds nonresident alien officer packages par value partnership payable payment penalty personal service corporation producer profits provided in Section purposes rates received rectified spirits refunded regulations prescribed Revenue Act Revised Statutes Secretary Section 216 sold special tax stamps subdivision tax equivalent tax imposed tax paid taxable taxpayer tion tobacco trade or business United war-profits wine spirits
Popular passages
Page 15 - All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered...
Page 13 - The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer...
Page 15 - Including those assessed against local benefits of a kind tending to Increase the value of the property assessed...
Page 14 - Interest upon (a) the obligations of a State, Territory, or any political subdivision thereof, or the District of Columbia...
Page 14 - ... function and accruing to any State, Territory, or the District of Columbia, or any political subdivision of a State or Territory, or income accruing to the Government of any possession of the United States, or any political subdivision thereof.
Page 56 - Every person liable to any tax imposed by this Act, or for the collection thereof, shall keep such records, render under oath such statements, make such returns, and comply with such rules and regulations, as the Commissioner, with the approval of the Secretary, may from time to time prescribe.
Page 8 - fiscal year" means an accounting period of twelve months ending on the last day of any month other than December. The term "taxable year...
Page 11 - That in lieu of the tax imposed by section 210 of the Revenue Act of 1918, there shall be levied, collected, and paid for each taxable year upon the net income of every individual...
Page 45 - Columbia, for exclusively public purposes, or to or for the use of any domestic corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes, including the encouragement of art and the prevention of cruelty to children or animals...
Page 46 - If any part of the gross estate consists of proceeds of policies of insurance upon the life of the decedent receivable by a beneficiary other than the executor, the executor shall be entitled to recover from such beneficiary such portion of the total tax paid as the proceeds, in excess of ! $40,000, of such policies bear to the net estate.