| Virginia - Tax collection - 1922 - 350 pages
...income year and not compensated for by insurance or otherwise if incurred in trade or business, or if incurred in any transaction entered into for profit though not connected with the trade or business ; and also losses sustained during the income year of property not connected with the trade or business,... | |
| Irving Bank. Columbia Trust Company - Income tax - 1923 - 148 pages
...business; (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business; but in the case of a nonresident alien individual only if and to the extent that the profit, if such... | |
| United States. Congress. House. Committee on Ways and Means - Finance - 1923 - 256 pages
...business ; (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business; but in the case of a nonresident alien individual only if and to the extent that the profit, if such... | |
| Mississippi - Session laws - 1924 - 828 pages
...business. (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit though not connected with the trade or business ; but in the case of a taxpayer other than a resident of the state, only such transactions in real... | |
| Eric Louis Kohler - Accounting - 1924 - 514 pages
...business; (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business; but in the case of a nonresident alien individual only if and to the extent that the profit, if such... | |
| United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...however, (1) losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business, are deductible only if and to the extent that the profit, if such transaction had resulted in a profit,... | |
| Electronic journals - 1924 - 1010 pages
...income there shall be allowed as deductions : .... 5. Losses sustained during the taxable year. . . .if incurred in any transaction entered into for profit, though not connected with the trade or business; " NY, Laws 1919, c. 627, §§ 353, 360. On a disconnected reading of these sections the petitioner's... | |
| Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...business; (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business; but in the case of a nonresident alien individual only if the profit, if such transaction had resulted... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...(a) (5) Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business; but in the ease of a nonresident alien individual only as to such transactions within the United States... | |
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