 | United States. Court of Claims - Law reports, digests, etc - 1936 - 940 pages
...As used in this subdivision, the term ' initial payments ' means the payments Opinion of the Court received in cash or property other than evidences...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made." And section 44 (d), Title I, of the Revenue... | |
 | Nathan William MacChesney - Real estate business - 1927 - 960 pages
...by a person not an installment dealer the installment method may not be used except for those sales in which "the payments received in cash or property...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made ... do not exceed one-fourth of the purchase... | |
 | United States. Congress. House. Committee on Ways and Means - Internal revenue - 1927 - 1034 pages
...a definition included which said : As used in this subdivision the term '' initial payments " means the payments received in cash or- property other than...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made. May I call your attention, gentlemen, to the... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...above prescribed in this subdivision. As used In this subdivision the term ' Initial payments ' means the payments received In cash or property other than...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made." Under this section of the income tax law the... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...manner above prescribed in this section. As used in this section the term "initial payments" means the payments received in cash or property other than...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made. SEC. 45. CONSOLIDATION OF ACCOUNTS. In any case... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...above prescribed in this subdivision. As used in this subdivision the term "initial payments" means the payments received in cash or property other than...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made. GROSS INCOME DEFINED Sec. 213. For the purposes... | |
 | Nathan William MacChesney - Real estate business - 1927 - 960 pages
...by a person not an installment dealer the installment method may not be used except for those sales in which "the payments received in cash or property other than evidences of indebtedness of the pun, chaser during the taxable period in which the sale or other disposition is made ... do not exceed... | |
 | Olin Winthrop Blackett - Labor - 1928 - 912 pages
...Practically all installment sales come under the income tax definition. This is as follows : "Sales in which the payments received in cash or property...during the taxable year in which the sale is made do not exceed 40 per cent of the selling price."8 Generally speaking, title does not pass in the case... | |
 | United States - Finance - 1928 - 268 pages
...manner above prescribed in this section. As used in this section the term "initial payments" means the payments received in cash or property other than...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made. (c) Change from accrual to installment basis.... | |
 | United States - Law - 1928 - 1164 pages
...above prescribed in this subdivision. As used in this subdivision the term "initial payments" means the payments received in cash or property other than...of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made. (June 2, 1924, 4.01 pm, c. 234, i 212, 43 Stat.... | |
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As used in this section the term "initial payments" means the payments received in cash or property other than evidences of indebtedness of the purchaser during the taxable period in which the sale or other disposition is made. 
