 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. Department of State - Law - 1939
...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) CORPORATE CHARITABLE CONTRIBUTIONS. — No deduction shall be allowable under paragraph (1) to... | |
 | United States. Tax Court - Taxation - 1980
...expended for meals and lodging other than amounts which are lavish or extravagant under the circumstances) while away from home in the pursuit of a trade or...Commissioner) within the State, congressional district, or possession which he represents in Congress shall be considered his home, but amounts expended by... | |
 | Administrative law - 1969
...for salaries or other compensation for personal services actually rendered; (2) Traveling pxpenses (including the entire amount expended for meals and...sentence, the place of residence of a Member of Congress (1ncluding any Delegate and Resident Commissioner) within the State, congressional district, Territory,... | |
 | Archives - 1969
...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) INTEREST.—All interest paid or accrued, according to the taxpayer's method of accounting, within... | |
 | United States. Tax Court - Law reports, digests, etc - 1969
...during the taxable year In carrying on any trade or business, Including — • ••••• • (3) rentals or other payments required to be made...purposes of the trade or business, of property to which tbe taxpayer has not taken or Is not taking title or In which he has no equity. SEC. 167. DEPRECIATION.... | |
 | United States. Tax Court - Taxation - 1943
...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...of property to which the taxpayer has not taken or IB not taking title or in which he has no equity. • •••••• "(2) NON-TBADE OH NON-BUSINESS... | |
 | United States. Tax Court - Taxation - 1981
...provides that rental payments are deductible if the payments are for the "continued use or possession" of property to which the "taxpayer has not taken or...is not taking title or in which he has no equity." The parties have stipulated that at no time during the terms of the leases was legal title to the items... | |
 | United States. Congress. Senate - 1971
...expended for meals and lodging other than amounts which are lavish or extravagant under the circumstances) while away from home in the pursuit of a trade or...is not taking title or in which he has no equity. Fa r purposes of the preceding sentence, the place of residence of a Member of Congress (including... | |
 | United States. Tax Court - Law reports, digests, etc - 1981
...paid or incurred during the taxable year in carrying on any trade or business, including— * ****** (3) rentals or other payments required to be made...is not taking title or in which he has no equity. Under the statutory language, several tests must be met to ensure deduction of rentals paid. A recent... | |
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