 | New York (State) - Session laws - 1935 - 1272 pages
...the percentage of the selling price prescribed in the law applicable to such year), the income may be returned on the basis and in the manner above prescribed in this subdivision. As used in this subdivision the term "initial payments" means the payments received in... | |
 | United States. Court of Claims - Law reports, digests, etc - 1936 - 940 pages
...the income may, under regulations prescribed by the Commissioner with the approval of the Secretary, be returned on the basis and in the manner above prescribed in this subdivision. As used in this subdivision, the term ' initial payments ' means the payments Opinion... | |
 | Philippines - Law - 1986 - 492 pages
...twenty-five percent of the seiiing price, the income may under regulations prescribed by the Minister of Finance, be returned on the basis and in the manner...'initial payments' means the payments received in cash or properly other than evidences of indebtedness of the purchaser during the taxable period in which the... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...the income may, under regulations prescribed by the Commissioner with the approval of the Secretary, be returned on the basis and in the manner above prescribed...period in which the sale or other disposition is made. SEC. 45. CONSOLIDATION OF ACCOUNTS. In any case of two or more related trades or businesses (whether... | |
 | Nathan William MacChesney - Real estate business - 1927 - 960 pages
...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... | |
 | Nathan William MacChesney - Real estate business - 1927 - 960 pages
...the income may, under regulations prescribed by the Commissioner with the approval of the Secretary, be returned on the basis and in the manner above prescribed in this subdivision. As used in this subdivision the term "initial payments" means the payments received in... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...the income may, under regulations prescribed by the Commissioner with the approval of the Secretary, be returned on the basis and in the manner above prescribed in this subdivision. As used in this subdivision the term "initial payments" means the payments received in... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...the Income may, under regulations prescribed by the commissioner with the approval of the Secretary, be returned on the basis and in the manner above prescribed in this subdivision. As used In this subdivision the term ' Initial payments ' means the payments received... | |
 | 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 other than...of indebtedness of the purchaser during the taxable year in which the sale is made do not exceed 40 per cent of the selling price."8 Generally speaking,... | |
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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. 
