Panama Canal 10-30 yr. 2s, due August, 1936... 98 106 1064 88 Panama Canal 3s, due 1961, Registered.. United States Government First Liberty Loan 31⁄2s, due June 15, 1947... 88 99.60 $ United States Government First Liberty Loan 4s, due June 15, 1947.... 93.02 United States Government Second Liberty Loan 4s, due November 15, 1942... 93 United States Government First Liberty Loan 44s, due June 15, 1947...... 96.50 United States Government Second Liberty Loan 44s, due November 15, 1942...... 95 United States Government Third Liberty Loan 4s, due September 15, 1928....... 96.50 United States Government Fourth Liberty Loan 44s, due October 15, 1938.... U. S. Realty & Improvement Co., Deben. Gold 5s, due 1924 U. S. Rubber Co., First & Refund. 5s Series A, due 1947 .... 86% United States Steel Corporation, Collateral Trust Utah Power & Light Co., Secured Gold 6% Notes, due August 1, 1919.... 982 99 Utah Power & Light Co., First 5s, due February 1, 1944 892 Utah Securities Corporation, Gold 6% Notes, due Utica Electric Light & Power Co. (N. Y.), First Victor Fuel Co., First Mtge. 5s, due 1953.. 92 75 Bid Asked Wilson & Co., First Mtge. S. F. Gold 6s, due April NEW YORK STATE PERSONAL INCOME TAX LAW CHAPTER 627 LAWS OF 1919 An Act to Amend the Tax Law, in Relation to Imposing Taxes Upon and With Respect to Incomes. Became a Law May 14, 1919, with the Approval of the Governor. Passed, three-fifths being present. The People of the State of New York, Represented in Senate and Assembly, do Enact as follows: Section 1. Chapter sixty-two of the laws of nineteen hundred and nine, entitled “An act in relation to taxation, constituting chapter sixty of the consolidated laws," is hereby amended by adding a new article to be article sixteen, to read as follows: ARTICLE 16. Taxes Upon and With Respect to Personal Incomes. Section 350. Definitions. 351. Imposition of income tax. 352. Exemption of certain personal property. 353. Ascertainment of gain and loss. 354. Exchange of property. 355. Gain through exchange. 356. Inventory. 357. Net income defined. 358. Computation of net income. 359. Gross income defined. Comptroller 363. Credit for taxes in case of taxpayers other than residents of the state. 364. Partnerships. 365. Estates and trusts. 366. Information and payment at source. 367. Taxpayers' returns. 368. Partnership returns. 369. Fiduciary returns. 370. Returns when accounting period changed. 371. Time and place of filing returns. 372. Administration of income tax law. 373. Powers of comptroller. 374. Revision and readjustment of accounts by comptroller. 375. 376. Review of determination of comptroller by certiorari and regulations as to writ. Penalties. 377. When payable. 378. Notice of assessment. 379. Collection of taxes; penalties and interest. 380. 381. 382. Warrant for the collection of taxes. Distribution of the income tax. 383. Comptroller to make regulations and col lect facts. 384. Secrecy required of officials; penalty for violation. 385. Contract to assume income tax illegal. Definitions. Section 350. For the purpose of this article and unless otherwise required by the context: 1. The word "comptroller" means the state comp. troller. |