American Federal Tax Reports, Volume 1Prentice-Hall, 1924 - Taxation |
From inside the book
Results 1-5 of 100
Page 6
... funds , " and suit being now brought for a duty of 5 per cent . on the amount so paid by the bank on account of the state tax , on the ground that it was un- lawfully deducted from the returns made , and it appeared that the amount of ...
... funds , " and suit being now brought for a duty of 5 per cent . on the amount so paid by the bank on account of the state tax , on the ground that it was un- lawfully deducted from the returns made , and it appeared that the amount of ...
Page 8
... funds as often as once in six months , shall make a list or return in duplicate , under oath , to the assessor of the amount of profits which have accrued or been earned and received by such bank during the six months preceding . ' In ...
... funds as often as once in six months , shall make a list or return in duplicate , under oath , to the assessor of the amount of profits which have accrued or been earned and received by such bank during the six months preceding . ' In ...
Page 9
... funds . " The duty imposed by sec- tion 121 on " the amount of profits which have accrued or been earned and received by the bank , " in case of failure to declare dividends or additions to its surplus or contingent funds , does not ...
... funds . " The duty imposed by sec- tion 121 on " the amount of profits which have accrued or been earned and received by the bank , " in case of failure to declare dividends or additions to its surplus or contingent funds , does not ...
Page 10
... funds of the bank . 2. SAME - SURPLUS FUNDS . Construing together sections 120 and 121 , their import should be held to be to tax only the actual profits made - i . e . , under section 120 for profits declared or added to their surplus ...
... funds of the bank . 2. SAME - SURPLUS FUNDS . Construing together sections 120 and 121 , their import should be held to be to tax only the actual profits made - i . e . , under section 120 for profits declared or added to their surplus ...
Page 12
... fund earned in former years , not only the amounts now claimed , but a much larger sum , and did erroneously pay for ... funds were made , then upon the amount of profits " accrued or earned and received " under section 121 , of which ...
... fund earned in former years , not only the amounts now claimed , but a much larger sum , and did erroneously pay for ... funds were made , then upon the amount of profits " accrued or earned and received " under section 121 , of which ...
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36 Stat accrued Act Aug action amended amount applied assessed assets association attorney authority bank bonds capital stock Cent centum Circuit Court Circuit Judge claim collected Collector of Internal Commissioner of Internal Connecticut contract Corporation Tax December 31 deduction defendant Digests & Indexes District Court dividends fact franchise funds gross income Gulf Oil Corporation held income tax insurance company interest Internal Revenue joint-stock company judgment June 13 Key-Numbered Digests lease lessee lessor company liability loan McCoach ment mortgage net income operation organized paid pany payment plaintiff in error poration premiums profits Public Service Railway purchase purpose question Railroad Company Railway Company real estate receipts received recover revenue stamp shares statute stockholders suit surplus tax imposed Tax Law taxable taxation thereof tion topic & KEY-NUMBER trust U. S. Atty U. S. Comp United