Regulations 45 (1920 Ed.) Relating to the Income Tax and War Profits and Excess Profits Tax Under the Revenue Act of 1918: Promulgated January 28, 1921 |
From inside the book
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... 216. Depletion and depreciation accounts on books_ 85 217. Statement to be attached to return when depletion or de ... Section 214 ( a ) 11. Deductions allowed : charitable contributions . Article 251. Charitable contributions_____ 858 88 96 ...
... 216. Depletion and depreciation accounts on books_ 85 217. Statement to be attached to return when depletion or de ... Section 214 ( a ) 11. Deductions allowed : charitable contributions . Article 251. Charitable contributions_____ 858 88 96 ...
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Promulgated January 28, 1921 United States. Internal Revenue Service. Section 215. Items not deductible -- Continued . Article 293. Capital expenditures__ 294. Premiums on business insurance_ Section 216. Credits allowed____ . Article ...
Promulgated January 28, 1921 United States. Internal Revenue Service. Section 215. Items not deductible -- Continued . Article 293. Capital expenditures__ 294. Premiums on business insurance_ Section 216. Credits allowed____ . Article ...
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... Section 326. Invested capital__ . Article 831. Meaning of invested capital__ ... 216 . 217 867. Affiliated corporations : stock of subsidiary acquired for cash____ . 217 Section 326. Invested capital - Continued . Page . Article CONTENTS .
... Section 326. Invested capital__ . Article 831. Meaning of invested capital__ ... 216 . 217 867. Affiliated corporations : stock of subsidiary acquired for cash____ . 217 Section 326. Invested capital - Continued . Page . Article CONTENTS .
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... section 212 of the statute and articles 21–26 of the regulations , is first entitled to the credits and exemptions specified in section 216 of the statute and articles 301-307 . Art . 3. Persons liable to tax . — Every citizen of the ...
... section 212 of the statute and articles 21–26 of the regulations , is first entitled to the credits and exemptions specified in section 216 of the statute and articles 301-307 . Art . 3. Persons liable to tax . — Every citizen of the ...
Page 19
... section 216 : Provided , That in the case of a citizen or resident of the United States the rate upon the first $ 4,000 of such excess amount shall be 6 per centum ; ( b ) For each calendar year thereafter , 8 per centum of the amount ...
... section 216 : Provided , That in the case of a citizen or resident of the United States the rate upon the first $ 4,000 of such excess amount shall be 6 per centum ; ( b ) For each calendar year thereafter , 8 per centum of the amount ...
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Common terms and phrases
accrued amount assessed assets basis beneficiary bracket calendar year 1918 cent bonds centum claim collector Commissioner contract cost deduct from gross depletion deposits depreciation determined distributive share dividends earnings or profits entitled estate or trust excess profits tax expenses fair market value February 28 fiduciary filed foreign corporation gross income included income derived income tax installment intangible property interest Internal Revenue inventory invested capital Liberty Bond liberty loan loss March ment nonresident alien individual owner ownership certificate partnership payable payment personal exemption personal service corporation poration premium prewar period prior profits and excess purchase purpose rates received refund resident return of income Revenue Act revised section 216 specific exemption statute and articles stockholders subdivision tax computed tax imposed tax-free covenant taxable year 1918 taxpayer thereof timber tion trade or business United War Finance Corporation war-profits withholding agent