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" In the case of a manufacturing, merchandising, or mining business, "gross income" means the total sales, less the cost of goods sold, plus any income from investments and from incidental or outside operations or sources. "
Code of Federal Regulations: Containing a Codification of Documents of ... - 219. lappuse
2000
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Prentice-Hall Tax Service for 1919 (Classic Reprint)

Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 640 lapas
...for the discount originally deducted. fl 531. Art. 35. Gross income from business. — In the case of a manufacturing, merchandising or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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Taxation of Corporations and Personal Income in New York

Henry Montefiore Powell - 1919 - 708 lapas
...which such warrants or securities are converted. ART. 28. Gross income from business— In the case of a manufacturing, merchandising or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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Canada; Economic Position and Plans for Development

Guaranty Trust Company of New York - 1919 - 664 lapas
...same as that of a mercantile or merchandising business and consists of the total sales, less the costs of goods sold, plus any income from investments and...from incidental or outside operations or sources. The income is arrived at in substantially the same manner as in the case of a mercantile business and...
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Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp ...

George Edwin Holmes - 1920 - 1186 lapas
...interest, rent and royalties are discussed in other chapters.8 Gross Income from Business. In the case of a manufacturing, merchandising or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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Comptroller's Regulations Relating to the Income Tax Issued Pursuant to ...

1920 - 188 lapas
...which such warrants or securities are converted. ART. 28. Gross income from business — In the case of a manufacturing, merchandising or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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War Tax 1920: A Synopsis of the War Tax, with Accurate Tables and Concrete ...

1920 - 36 lapas
...represents recovery for the discount originally deducted. GROSS INCOME FROM BUSINESS In the case of a manufacturing, merchandising or mining business...from Incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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Regulations 45 Relating to the Income Tax and War Profits and Excess Profits ...

United States. Bureau of Internal Revenue - 1920 - 346 lapas
...recovery for the discount originally deducted. ART. 35. Gross income from business. — In the case of a manufacturing, merchandising or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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Oil Valuation and Taxation: The Federal Income Tax and Its Appraisal Methods ...

James Irwin Tucker - 1923 - 360 lapas
...the vendee, it is income to the vendor, (seller), and the tax so paid is deducted by the vendee. (6) In a manufacturing, merchandising or mining business, "gross income" means "the total sales, less cost of goods sold, plus any income from investments, or derived from incidental or outside operations...
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Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - 1924 - 396 lapas
...recovery for the discount originally deducted. ART. 35. Gross income from business. — In the case of a manufacturing, merchandising or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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Cases on Federal Taxation, 1. sējums

Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 lapas
...recovery for the discount originally deducted. ART. 35. Gross income from business.— In the case of a manufacturing, merchandising, or mining business...from incidental or outside operations or sources. In determining the gross income subtractions should not be made for depreciation, depletion, selling...
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