 | 1925 - 1112 lapas
...term. Section 234 (a) of the Revenue Act of 1918 (Сотр. St Ann. Supp. 1919, § 6336y8pp) provides that "in computing the net income of a corporation...section 230 there shall be allowed as deductions: • • • (7) A reasonable allowance for the exhaustion, wear and tear of property used in the trade... | |
 | George Edwin Holmes - 1919 - 1048 lapas
...representing profits on the manufacture and disposition of goods within the United States. DEDUCTIONS ALLOWED Sec. 234. (a) That in computing the net income of...tax imposed by section 230 there shall be allowed :1s deductions: (10) In the case of insurance companies, in addition to the above: (a) The net addition... | |
 | Guaranty Trust Company of New York - 1919 - 664 lapas
...premiums collected and received by them less amounts paid for reinsurance. DEDUCTIONS ALLOWED SEC. 234.(a) That in computing the net income of a corporation...section 230 there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on... | |
 | National City Company, United States - 1919 - 104 lapas
...disposition of goods within the United States. Foreign corporations gross income. DEDUCTIONS ALLOWED. 148. SEC. 234. (a) That in computing the net income of...corporation subject to the tax imposed by Section 230 (par. 124-127) there shall be allowed as deductions : 149. (1) All the ordinary and necessary expenses... | |
 | George Edwin Holmes - 1919 - 1052 lapas
...representing profits on the manufacture and disposition of goods within the United States. DEDUCTIONS ALLOWED Sec. 234. (a) That in computing the net income of...corporation subject to the tax imposed by section 2'!0 there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred... | |
 | Harris, Forbes & co., New York - 1919 - 164 lapas
...Business Expenses Deductions Allowed. Sec. 234. (a) That in computing the net income of a corporatio subject to the tax imposed by section 230 there shall be allowed as d< ductions : (1) All the ordinary and necessary expenses paid or incurred dm ing the taxable year... | |
 | George Edwin Holmes - 1920 - 1186 lapas
...representing profits on the manufacture and disposition of goods within the United States. DEDUCTIONS ALLOWED Sec. 234. (a) That in computing the net income of...section 230 there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on... | |
 | Irving National Bank, New York - 1920 - 150 lapas
...representing profits on the manufacture and disposition of goods within the United States. Deductions Allowed. Sec. 234. (a) That in computing the net income of...section 230 there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on... | |
 | United States. Bureau of Internal Revenue - 1920 - 346 lapas
...branch or agency of a foreign insurance company mist be returned as gross income. DEDUCTIONS ALLOWED. SEC. 234. (a) That in computing the net income of...section 230 there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on... | |
 | Real Estate Board of New York - 1920 - 104 lapas
...the term "gross income" means the gross income as denned in section 213 • Deductions Allowed 11 Law Sec. 234. (a) That in computing the net income of...by section 230 there shall be allowed as deductions : ' (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying... | |
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All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered... 
