Income Tax Law of the United States: Act of September 8, 1916, as Amended and Act of October 3, 1917 Including Summary of Provisions and Regulations Affecting Non-resident Alien Individuals, Partnerships, Fiduciaries and Corporations |
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Page 11
... business purposes or otherwise , an alien is permanently located in the United States , has there his principal business ... place where a man has his true , fixed and permanent home and principal establish- ment and to which , whenever he is ...
... business purposes or otherwise , an alien is permanently located in the United States , has there his principal business ... place where a man has his true , fixed and permanent home and principal establish- ment and to which , whenever he is ...
Page 22
... business or trade conducted within the United States , due the taxpayer and ... business or trade ; but no deduction shall be allowed for any amount paid out ... place being real estate , in all cases where aliens are not permitted to own ...
... business or trade conducted within the United States , due the taxpayer and ... business or trade ; but no deduction shall be allowed for any amount paid out ... place being real estate , in all cases where aliens are not permitted to own ...
Page 25
... business or trade within the United States and not having any office or place of business therein , applies only to the income derived from interest on bonds and similar obligations of domestic corpor- ations and to dividends on the ...
... business or trade within the United States and not having any office or place of business therein , applies only to the income derived from interest on bonds and similar obligations of domestic corpor- ations and to dividends on the ...
Page 27
... place of business in the United States . The with- holding at the source in the case of individuals will be at the rate of two per centum and in the case of corporations at the rate of six per centum . If the bonds or obligations from ...
... place of business in the United States . The with- holding at the source in the case of individuals will be at the rate of two per centum and in the case of corporations at the rate of six per centum . If the bonds or obligations from ...
Page 33
... place of business of the corporation in the United States , or , if there is no place of business , office or agency in the United States , with the Collector of Internal Revenue at Baltimore , Maryland . Returns of insurance companies ...
... place of business of the corporation in the United States , or , if there is no place of business , office or agency in the United States , with the Collector of Internal Revenue at Baltimore , Maryland . Returns of insurance companies ...
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Common terms and phrases
Act of September actual owner additional tax amount of tax ascer ascertained bank business or trade capital stock centum per annum certificates citizen or resident collected collector of internal collector or deputy Commissioner of Internal company or association computed deduction dends deputy collector distraint district domestic corporations duction excess profits tax exempt expenses fiduciary file returns fiscal foreign corporation hundred and seventeen hundred and sixteen hundred and thirteen income derived income exceeds income received Income Tax Law indebtedness insurance company interest on bonds Internal Revenue joint-stock company liable ment mutual net income exceeds nineteen hundred non-resident alien individuals normal tax office or place organized partnership payable payment person Philippine Islands place of business Porto Rico prescribed Provided further purpose reasonable allowance record owner Secretary subject to tax subject to withholding surtax tax imposed tax paid taxable thereof tion total net income Treasury trust United
Popular passages
Page 41 - 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...
Page 41 - Income received by estates of deceased persons during the period of administration or settlement of the estate; and (4) Income which, in the discretion of the fiduciary, may be either distributed to the beneficiaries or accumulated.
Page 63 - ... life insurance companies shall not include as income in any year such portion of any actual premium received from any individual policyholder as shall have been paid back or credited to such individual policyholder, or treated as an abatement of premium of such individual policyholder, within such year.
Page 43 - The fact. that any corporation is a mere holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax...
Page 62 - Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate; (3) Any amount expended in restoring property or in making good the exhaustion thereof for which an allowance is or has been made...
Page 51 - ... under such regulations as the Secretary of the Treasury may prescribe, shall be a sufficient compliance with the requirements of this paragraph...
Page 11 - In a strict and legal seN.se that is properly the domicil of a person where he has his true, fixed, permanent home and principal establishment, and to which, whenever he is absent, he has the intention of returning (animus rercrtcndi) .u [Italics supplied.] Mr.
Page 82 - ... interest, rent, salaries, wages, premiums, annuities, compensation, remuneration, emoluments, or other fixed or determinable gains, profits, and income...
Page 13 - Fraternal beneficiary societies, orders, or associations, (A) operating under the lodge system or for the exclusive benefit of the members of a fraternity itself operating under the lodge system...
Page 78 - Every collector to whom any .payment of any income tax is made shall upon request give to the person making such payment a full written or printed receipt, stating the amount paid and the particular account for which such payment was made...