Prentice-Hall Tax Service for 1919 (Classic Reprint)Excerpt from Prentice-Hall Tax Service for 1919 This allowance is not based upon the difference between the actual war cost of such facilities and what they would have cost at pre-war prices. Obviously the taxpayer is not entitled to recover or extinguish through amortization more than the difference between the war cost of such property and what he can sell the property for after the war, or if he continues to need and use it in his business, what it would have cost him after the war. As the rule is expressed in Article 183 of the Regulations: The total amount to be extinguished by amortization, in general, is the excess of the unextinguished or unrecovered cost of the property over its maximum value (either for sale or for use as part of the plant or equipment of a going business) under stable post war. Conditions.' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. |
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... sources within Porto Rico , but the income tax in the United States is credited with the tax paid in Porto Rico . ( c ) A resident of Porto Rico , who is not a citizen of the United States , is taxable in the United States as a ...
... country or for prop- erty located in a foreign country are not subject to tax as income from a source within the United States . " ¶ 58. Page 105. Returns by non - resident aliens 20 PRENTICE - HALL TAX SERVICE FOR 1919.
... sources . ( Art . 44. ) ¶ 60. Page 117. Additional matter . Dividends from Federal Reserve banks . As section 7 of the Federal Reserve Act of December 23 , 1913 , provides that Federal Reserve banks , includ- ing the capital stock and ...
... source is not entitled to the credit . ( Art . 304. ) 101. Page 283. Credit for taxes paid to other countries.- Articles 383 and 384 state specifically the conditions under which credits will be allowed for taxes paid abroad . They read ...
... sources within the United States . - Dividends on stock and interest on notes of corporations organized in the United States , but doing no business and owning no property therein , paid to nonresi- dent alien individuals or ...