Rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity. Compilation of the Social Security Laws - Page 313by United States. Congress. House. Committee on Ways and Means - 1961 - 504 pagesFull view - About this book
| United States. Congress. House. Committee on Ways and Means - Taxation - 1925 - 1154 pages
...professional purposes; expenses of poslorrtduatc study: and ren Is or other payments required to be made as a condition to the continued use or possession, for...taking title or In which he has no equity.' " For reasons stated below, we believe that a physician is entitled under the revenue act of 1924 to deduct... | |
| Citrus fruits - 1925 - 798 pages
...home in the pursuit of a trade or business, and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. A taxpayer is entitled to deduct the necessary expenses paid in carrying on his business from his gross... | |
| Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
| John F. Sherwood - Income tax - 1925 - 206 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...personal services actually rendered, and including rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; Personal, living, or family expenses not deductible Sec. 215. (a), p. 112. SEC. 214. (a) (2) All interest... | |
| Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. (b) Interest. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness... | |
| Eric Louis Kohler - Income tax - 1927 - 618 pages
...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
| United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...in that year Kith respect to any leasehold) as a condition to the continued use or possession, 'or purposes of the trade or business, of property to...is not taking title or in which he has no equity. Argument: It is the general experience in the real-estate business that the amount paid out as a commission... | |
| United States. Congress. House. Committee on Ways and Means - Internal revenue - 1927 - 1034 pages
...in that year with respect to any leasehold) as a condition to the continued use or possession, cor purposes of the trade or business, of property to...is not taking title or in which he has no equity. Argument : It is the general experience in the real-estate business that the amount paid out as a commission... | |
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