 | North Carolina - Law - 1925
...required to be made as a condition of the continued use or possession for the purpose of the trade or property to which the taxpayer has not taken or is not taking title or in which he has no equity. 3. All interest paid during the incoming year on indebtedness except interest on obligations contracted... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including the entire amount expended...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
 | Law reports, digests, etc - 1926 - 1132 pages
...rentals or other payments required to be made as a condition to the continued use or possession for the purposes of the trade, or business, of property to which the taxpayer has not taken, and is not taking, title, or in which he has no equity. A greater part of the money expended was undoubtedly... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including the entire amount expended...is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including the entire amount expended...is not taking title or in which he has no equity. (b) Interest. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness... | |
 | United States. Congress. House. Committee on Ways and Means - Internal revenue - 1927 - 1034 pages
...1921, under which the deductibility of such expenses was denied, expressly authorizes the deduction of "traveling expenses (including the entire amount expended...while away from home in the pursuit of a trade or business," while the revenue act of 1918, under which the deductibility of traveling expenses incident... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...convention. And certainly had he observed that Congress had expressly provided for the deduction of "traveling expenses (including the entire amount expended for meals and lodging) while iiway from home in the pursuit of a trade or business," he could have come to no other conclusion but... | |
 | United States - Law - 1928 - 1164 pages
...a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including the entire amount expended...is not taking title or in which he has no equity; Interest paid or accrued during taxable year; exception. (2) All interest paid or accrued within the... | |
 | United States - Finance - 1928 - 268 pages
...imposed by the authority of any foreign country or possession of the United States as is rendered; traveling expenses (including the entire amount expended...is not taking title or in which he has no equity. DEDUCTIONS ALLOWED CORPORATIONS SEC. 234. (a) In computing the net income of a corporation subject... | |
 | American Medical Association - Medicine - 1928 - 1286 pages
...a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including the entire amount expended...while away from home in the pursuit of a trade or business or in attending meetings of trades or business organizations of which the taxpayer is a member... | |
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... traveling expenses (including the entire amount expended for meals and lodging) while away from 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 purposes... 
