 | United States. Department of the Treasury - Finance, Public - 1922 - 1102 pages
...decision. No deduction as expenses is allowed by the law in any case in respect of any amount paid out for new buildings, or for permanent improvements or...made to increase the value of any property or estate. Richard R. Doerschuck v. United States. — United States District Court (TD 3170). A dividend paid... | |
 | Roger Foster, Everett Vergnies Abbot - Income tax - 1895 - 1126 pages
...must not exceed the average paid out for such purposes for the preceding five years. Amounts expended for permanent improvements or betterments, made to increase the value of any property or estate, cannot be deducted. Suling, 1 IRR 140. Repairs must be distinguished from permanent improvements. The... | |
 | United States. Internal Revenue Service - Internal revenue law - 1906 - 310 pages
...deducted not to exceed the average paid out for such expenses during five preceding years. Expenses for permanent improvements or betterments made to increase the value of any property or estate can not be deducted. If a farmer buys stock in 1862 for $500 and sells the same for $1,000 in 1864,... | |
 | New York (State). Comptroller's Office - Finance - 1919 - 24 pages
...deduction shall be allowed in respect of (a) personal, living or family expenses; (b) any amount paid out for new buildings or for permanent improvements or...made to increase the value of any property or estate; (c) any amount expended in restoring property or in making good the exhaustion thereof, for which an... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...following quotation : REGULATIONS. No deduction from gross income may be made for any amounts paid out for new buildings or for permanent improvements or...betterments made to increase the value of any property, or for any amounts expended in restoring property or in making good "The general sources are, for American... | |
 | United States. Congress. Senate. Committee on Finance - Taxation - 1918 - 660 pages
...accomplish what I have topresent. But I will add that in section 215, clause (b), " any amount paid out for new buildings or for permanent improvements or...made to increase the value of any property or estate" is an item not deductible. So far as the bill itself is concerned, one clause practically contradicts... | |
 | United States. Congress. Senate. Committee on Finance - 1918 - 664 pages
...accomplish what I have to present. But I will add that in section 215, clause (b), " any amount paid out for new buildings or for permanent improvements or...made to increase the value of any property or estate " is an item not deductible. So far as fhe bill itself is concerned, one clause practically contradicts... | |
 | National City Company, United States - Internal revenue law - 1919 - 104 pages
...allowed in respect of — 76. (a) Personal, living, or family expenses; 77. (b) Any amount paid out for new buildings or for permanent improvements or...made to increase the value of any property or estate; 78. (c) Any amount expended in restoring property or in making good the exhaustion thereof for which... | |
 | Alabama - Law - 1919 - 1476 pages
...any case be allowed in respect of: (a) personal, living or family expenses; (b) any amount paid out for new buildings, or for permanent improvements or...made to increase the value of any property or estate ; (c) any amount expended in restoring property or in making good the exhaustion thereof, for which... | |
 | Harris, Forbes & co., New York - Income tax - 1919 - 164 pages
...deductions in income any case shall be allowed for: Personal, living or family expenses. Any amount paid out for new buildings or for permanent improvements or...made to increase the value of any property or estate. Any amount expended in restoring property or making good the exhaustion thereof for which an allowance... | |
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Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate ; 3. 
