Codification of Internal Revenue Laws, ... Published Pursuant to Section 1203(c) Revenue Act of 1926. 75-2 |
From inside the book
Results 1-5 of 87
Page 7
... 26 ( a ) , relating to interest on certain obligations of the United States and Government corporations . ( C ) In the case of a holding company affiliate ( as defined in section 2 of the Banking Act of 1933 [ June 16 , 1933 , c . 89 ...
... 26 ( a ) , relating to interest on certain obligations of the United States and Government corporations . ( C ) In the case of a holding company affiliate ( as defined in section 2 of the Banking Act of 1933 [ June 16 , 1933 , c . 89 ...
Page 30
... June 27 , 1934 , c . 847 , 48 Stat . 1252 ( U. S. C. , Title 12 , § 1716 ) , the amount allowed as a credit under section 26 ( e ) . ( 2 ) RETAINED NET INCOME . - The term " retained net income " means the special adjusted net income ...
... June 27 , 1934 , c . 847 , 48 Stat . 1252 ( U. S. C. , Title 12 , § 1716 ) , the amount allowed as a credit under section 26 ( e ) . ( 2 ) RETAINED NET INCOME . - The term " retained net income " means the special adjusted net income ...
Page 41
... 26 , 1937 , was a foreign personal holding company , and with respect to which a United States group ( as defined in section 331 ( a ) ( 2 ) ) existed after August 26 ... June 30 , 1938 . ( d ) OTHER DISTRIBUTIONS FROM CAPITAL . - If any ...
... 26 , 1937 , was a foreign personal holding company , and with respect to which a United States group ( as defined in section 331 ( a ) ( 2 ) ) existed after August 26 ... June 30 , 1938 . ( d ) OTHER DISTRIBUTIONS FROM CAPITAL . - If any ...
Page 110
... June 2 , 1924 , c . 234 , 43 Stat . 313 , as amended by the Revenue Act of 1926 , February 26 , 1926 , c . 27 , § 324 , 44 Stat . 86 , upon any gift , and thereafter upon the death of the donor the amount thereof is required by any pro ...
... June 2 , 1924 , c . 234 , 43 Stat . 313 , as amended by the Revenue Act of 1926 , February 26 , 1926 , c . 27 , § 324 , 44 Stat . 86 , upon any gift , and thereafter upon the death of the donor the amount thereof is required by any pro ...
Page 126
... June 22 , 1936 , whether a citizen or resident of the United States or a nonresident not a citizen of the United ... 26 per centum in addition of such excess . $ 164,600 upon net estates of $ 800,000 ; and upon net estates in excess of ...
... June 22 , 1936 , whether a citizen or resident of the United States or a nonresident not a citizen of the United ... 26 per centum in addition of such excess . $ 164,600 upon net estates of $ 800,000 ; and upon net estates in excess of ...
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Common terms and phrases
Administrator affixed agents alcohol allowed amended amount applicable approval assessment authorized Board bonded warehouse brandy centum in addition chapter claim collected collector corporation court CROSS REFERENCE dealer deduction deemed deficiency distilled spirits distillery distraint District of Columbia duties of Commissioner employee excess exempt export filed foreign forfeiture gift taxes gross income imposed by section imprisoned interest internal revenue Internal Revenue Code internal-revenue July 13 July 20 June 26 June 30 liability liquor malt malt liquors manufacturer net estates officer oleomargarine package paid paragraph penalty period powers and duties produced provided in section purpose refund regulations prescribed respect Revenue Act rules and regulations Secretary sell snuff sold special tax stamps Stat Statutes subchapter subsection tax imposed taxable taxpayer therein thereof tion Title tobacco TRANSFER OF DUTIES transfer of powers Treasury trust United white phosphorus wine
Popular passages
Page 40 - ... (B) as paid-in surplus or as a contribution to capital, then the basis shall be the same as it would be in the hands of the transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer was made.
Page 12 - 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; also from interest, rent, dividends, securities, or the transaction of any business carried on for gain or profit, or gains or profits and income derived...
Page 49 - capital assets" means property held by the taxpayer (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business...
Page 60 - ... any person who willfully attempts in any manner to evade or defeat any tax imposed by this chapter or the payment thereof, shall, in addition to other penalties provided by law, be guilty of a felony and, upon conviction thereof, be fined not more than $10,000, or imprisoned for not more than five years, or both, together with the costs of prosecution.
Page 222 - person" as used in this section includes an officer or employee of a corporation or a member or employee of a partnership, who as such officer, employee, or member is under a duty to perform the act in respect of which the violation occurs.
Page 186 - ... tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, shall, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction thereof, be fined not more than $10,000, or imprisoned for not more than one year, or both, together with the costs of prosecution.
Page 281 - Any person who willfully fails to pay, collect, or truthfully account for and pay over, any tax imposed by Titles IV, V, VI, VII, VIII, and IX, or willfully attempts in any manner to evade or defeat any such tax or the payment thereof, shall, in addition to other penalties provided by law, be liable to a penalty of the amount of the tax evaded, or not paid, collected or accounted for and paid over, to be assessed and collected in the same manner as taxes are assessed and collected.
Page 117 - ... under which he has retained for his life or for any period not ascertainable without reference to his death or for any period which does not in fact end before his death...
Page 38 - ... (2) If the corporation receiving such other property or money does not distribute it in pursuance of the plan of reorganization, the gain, if any, to the corporation shall be recognized, but in an amount not in excess of the sum of such money and the fair market value of such other property so received, which is not so distributed.
Page 419 - ... whether made upon or shown by the books of the association, company, or corporation, or by any assignment in blank, or by any delivery, or by any paper or agreement or memorandum or other evidence of transfer or sale...