 | John F. Sherwood - 1925 - 206 lapas
...profits accumulated after February 28, 1913. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof,...February 28, 1913, have been distributed, but any such tax-free distribution shall be applied against and reduce the basis of the stock provided in section... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 lapas
...profits accumulated after February 28, 1913. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof,...February 28, 1913, have been distributed, but any such tax-free distribution shall be applied against and reduce the basis of the stock provided in section... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 lapas
...exempt from tax to the distributees. SEC. 201. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof,...earnings or profits. Any earnings or profits accumulated, DIVIDENDS. SEC. 201. (a) That the term "dividend" when used in this title (except in paragraph (10)... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 lapas
...of distribution. For the purpose of income taxation every distribution made by a corporation is made out of earnings or profits to the extent thereof...the most recently accumulated earnings or profits. ART. 1543. Distribution out of earnings or profits accumulated prior to March 1, 1913. Any distribution... | |
 | New York (State) - 1926 - 840 lapas
...its income tax provision Attorney-General [Vol. 35] regards every distribution by a corporation as made out of earnings or profits to the extent thereof and from the most recent accumulated earnings or profits, and in the same way as our State Tax Commission in the administration... | |
 | Harrison B. Spaulding - 1927 - 336 lapas
...profits accumulated after February 28, 1913. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof,...February 28, 1913, have been distributed, but any such tax-free distribution shall be applied against and reduce the basis of the stock provided in section... | |
 | Eric Louis Kohler - 1927 - 618 lapas
...profits accumulated after February 28, 1913. (b) For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof,...February 28, 1913, have been distributed, but any such tax-free distribution shall be applied against and reduce the basis of the stock provided in section... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 lapas
...February 28, 1913. (b) Source of distributions. For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof,...February 28, 1913, have been distributed, but any such tax-free distribution shall be applied against and reduce the basis of the stock provided in section... | |
 | Wisconsin - 1927 - 1052 lapas
...property of the corporation. 1. For the purpose of this section every distribution is presumed to be made out of earnings or profits to the extent thereof,...the most recently accumulated earnings or profits. 2. Any earnings or profits accumulated, or increase in value of property accrued', before January 1,... | |
 | Wisconsin - 1927 - 1062 lapas
...property of the corporation. 1. For the purpose of this section every distribution is presumed to be made out of earnings or profits to the extent thereof,...the most recently accumulated earnings or profits. 2. Any earnings or profits accumulated, or increase in value of property accrued, before January I,... | |
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Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings and profits accumulated after February 28, 1913, have been distributed... 
