 | Law reports, digests, etc - 1925 - 1112 pages
...business purposes for a specific sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of years the lease has to run." It does not appear that the question as to leaseholds has been adjudicated in the federal courts. Deductions... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...consequence. "The covenant is to pay all taxes except betterments." The court held : "The deREGULATION Taxes paid by a tenant to or for a landlord for business property are additional rent arid constitute a deductible item to the tenant and taxable income to the landlord, the amount of the... | |
 | United States. Internal Revenue Service - Income tax - 1916 - 200 pages
...leasehold is sold for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum, each year, based on the number of years the lease has to run. 114 Rent for residential property. — In the case of a professional man who rents a property for residential... | |
 | United States. Internal Revenue Service - Income tax - 1918 - 200 pages
...leasehold is sold for a specified sum, the purchaser may take as a deduction in his return, an aliquot part of such sum, each year, based on the number of years the lease has to run. H4 Rent for residential property. — In the case of a professional man who rents a property for residential... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - Reference - 1919 - 640 pages
...leasehold is acquired for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of...of the tax being deductible by the latter. The cost of erecting buildings or permanent improvements on ground leased by a taxpayer is additional rental... | |
 | Henry Montefiore Powell - Corporations - 1919 - 708 pages
...leasehold is acquired for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of...of the tax being deductible by the latter. The cost of erecting buildings or permanent improvements on ground leased by a taxpayer is additional rental... | |
 | Income tax - 1920 - 188 pages
...leasehold is acquired for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of...of the tax being deductible by the latter. The cost of erecting buildings or permanent improvements on ground leased by a taxpayer is additional rental... | |
 | Real Estate Board of New York - Income tax - 1920 - 112 pages
...business purposes for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of...taxable income to the landlord, the amount of the lax being deductible by the latter. The cost borne by a lessee in erecting buildings or making permanent... | |
 | United States. Bureau of Internal Revenue - Excess profits tax - 1920 - 346 pages
...leasehold is acquired for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of...tenant and taxable income to, the landlord, the amount pf the itax . . - , .. , , Wi , "if A-«n»* aXL a. AftAM. i. tnAftwffatMj-fV. being deductible by... | |
 | Real Estate Board of New York - Income tax - 1920 - 104 pages
...business purposes for a specified sutn, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of...additional rent and constitute a deductible item to tht tenant and taxable income to the landlord, the amount of the lax being deductible by the latter.... | |
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If a leasehold is acquired for business purposes for a specified sum, the purchaser may take as a deduction in his return an aliquot part of such sum each year, based on the number of years the lease has to run. 
