The War Tax Law: Approved October 3, 1917 |
From inside the book
Results 1-5 of 30
Page 5
... prior to the War Tax Law . This digest has been prepared in such a way as to make clear this separation of War Taxes from those existing before this en- actment . If similar assessments have been made under former laws , both the ...
... prior to the War Tax Law . This digest has been prepared in such a way as to make clear this separation of War Taxes from those existing before this en- actment . If similar assessments have been made under former laws , both the ...
Page 11
... prior to August 6 , 1917 , out of profits accrued prior to March 1 , 1913. ( Sec . 1211. ) Stock dividends are to be considered income to the amount of surplus , undivided profits and earnings so distributed . ( Sec . 1211. ) For ...
... prior to August 6 , 1917 , out of profits accrued prior to March 1 , 1913. ( Sec . 1211. ) Stock dividends are to be considered income to the amount of surplus , undivided profits and earnings so distributed . ( Sec . 1211. ) For ...
Page 13
... prior to February first . ( Sec . 1205. ) NON - RESIDENT ALIENS Deduction of the normal tax at the source on the income of non - resident alien individuals remains unchanged . ( Sec . 1205. ) FOREIGN CORPORATIONS AND FIRMS Deduction of ...
... prior to February first . ( Sec . 1205. ) NON - RESIDENT ALIENS Deduction of the normal tax at the source on the income of non - resident alien individuals remains unchanged . ( Sec . 1205. ) FOREIGN CORPORATIONS AND FIRMS Deduction of ...
Page 15
... prior to December 31 , 1917 , the tax shall be imposed on that proportion of the income which the part of the fiscal year in the year 1917 bears to the whole of such fiscal year . ( Sec . 1206. ) PAYMENTS OF DIVIDENDS A corporation is ...
... prior to December 31 , 1917 , the tax shall be imposed on that proportion of the income which the part of the fiscal year in the year 1917 bears to the whole of such fiscal year . ( Sec . 1206. ) PAYMENTS OF DIVIDENDS A corporation is ...
Page 23
... prior to that date , shall be deemed to have been in existence prior to that date and the net income and invested capital of its predecessor for the pre - war period shall be deemed to have been its net income and invested capital ...
... prior to that date , shall be deemed to have been in existence prior to that date and the net income and invested capital of its predecessor for the pre - war period shall be deemed to have been its net income and invested capital ...
Other editions - View all
Common terms and phrases
Act of September actual cash value additional tax admission agreement to sell approval assessed beverage purposes bonded warehouse calendar year nineteen capital stock carbonated water carrier cents centum centum per annum cigarettes cigars citizen or resident collected Collector of Internal Commissioner of Internal company or association corporation or partnership deduction distilled spirits distillery dividends domestic corporation domestic partnership exceeding excess profits taxes exempt existing law Fermented Liquors fiscal fraction thereof hereby amended hundred and seventeen hundred and sixteen income exceeds income in excess indebtedness insurance company interest Internal Revenue invested capital issued joint-stock company levied manner as provided nineteen hundred normal tax packages par value payment person Postmaster pre-war period prior rectified spirits regulations prescribed Secretary section five September eighth sold subdivision tangible property tax equivalent tax imposed taxable Taxes paid tion total net income trade or business transfer Treasury United wines zone
Popular passages
Page 102 - Deed, instrument, or writing, whereby any lands, tenements, or other realty sold shall be granted, assigned, transferred, or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his, her, or their direction...
Page 90 - Such returns shall contain such information and be made in such manner as the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, may...
Page 106 - That the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, is hereby authorized to make all needful rules and regulations for the enforcement of the provisions of this Act.
Page 33 - All losses actually sustained and charged off within the year and not compensated by insurance or otherwise, including a reasonable allowance for the exhaustion, wear and tear of property arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells a reasonable allowance for actual reduction in flow and production...
Page 74 - Partnerships (a) In the case of a corporation or partnership: (1) actual cash paid in, (2) the actual cash value of tangible property paid in other than cash...
Page 96 - ... and other documents, instruments, matters, and things mentioned and described in Schedule A of this title, or for or in respect of the vellum, parchment, or paper upon which such instruments, matters, or things, or any of them, are written or printed, by any person who makes, signs, issues, sells, removes, consigns, or ships the same, or for whose use or benefit the same are made, signed, issued, sold, removed, consigned, or shipped, the several taxes specified in such schedule.
Page 72 - An Act to provide revenue, equalize duties, and encourage the industries of the United States, and for other purposes.
Page 103 - That a tax (hereinafter in this title referred to as the tax), equal to the following percentages of the value of the net estate to be determined as provided in section two hundred and three, is hereby imposed upon the transfer of the net estate of every decedent dying after the passage of this Act...
Page 105 - Treasury, shall prescribe; and such articles, goods, wares, or merchandise, shipped from said islands to the United States, shall be exempt from the payment of any tax imposed by the...
Page 35 - That all administrative, special, and general provisions of law, including the laws in relation to the assessment, remission, collection, and refund of internal-revenue taxes not heretofore specifically repealed, and not inconsistent with the provisions of this title, are hereby extended and made applicable to all the provisions of this title and to the tax herein imposed...