Income Tax PrimerU.S. Government Printing Office, 1918 - 45 էջ |
Այլ խմբագրություններ - View all
Income Tax Primer: Rev. Jan. 1, 1921 United States. Internal Revenue Service Ամբողջությամբ դիտվող - 1921 |
Common terms and phrases
accrued act of October act of September additional tax administrator agent aggregate amount allowable as deductions amount paid ancillary administrator associations or insurance beneficiaries bonds business expense business or trade calendar cash cent citizen or resident claimed as deductions collector of internal Commissioner of Internal contribution or gift cost debt December 31 deeds of trust depreciation earnings or profits employee equals or exceeds farm fiduciary filed Gross income held income received INCOME TAX PRIMER Income Tax Service income-tax purposes income-tax returns interest internal revenue joint-stock companies Liberty Loan loss name and address net income nonresident alien normal and additional normal income tax normal tax paragraph partnership personal return premiums purchased reported under Gross required to render return rendered returns of information salary section 28 Section 31 shareholders tax assessed tax liability tax purposes tax withheld taxable taxpayer tion trust estate vidual
Սիրված հատվածներ
Էջ 4 - States or its possessions; also the compensation of the present President of the United States during the term for which he has been elected, and of the judges of the supreme and inferior courts of the United States now in office, and the compensation of all officers and employees of a State or any political subdivision thereof except when such compensation is paid by the United States Government.
Էջ 30 - ... without deduction for any tax which the obligor may be required or permitted to pay thereon, or to retain therefrom under any law of the United States...
Էջ 22 - ... a reasonable allowance for the exhaustion, wear and tear of property arising out of its use or employment in the business...
Էջ 4 - A head of a family is an individual who actually supports and maintains in one household one or more individuals who are closely connected with him by blood relationship, relationship by marriage, or by adoption, and whose right to exercise family control and provide for these dependent individuals is based upon some moral or legal obligation. In the absence of continuous actual residence together, whether or not a person with dependent relatives is a head of a, family within the meaning of the Act...
Էջ 4 - The amount received by the insured as a return of premium or premiums paid by him under life insurance, endowment, or annuity contracts, either during the term or at the maturity of the term mentioned in the contract or upon surrender of the contract...
Էջ 3 - Provided further, That persons liable for the normal income tax only, on their own account or in behalf of another, shall not be required to make return of the income derived from dividends on the capital stock or from the net earnings of corporations, joint-stock companies or associations, and insurance companies taxable upon their net income as hereinafter provided.
Էջ 17 - At market value, may make his return upon the basis upon which his accounts are kept...
Էջ 24 - If costumes purchased by actors and actresses are used exclusively in the production of a play, and are not adapted for occasional personal use, and are not so used, a deduction may be claimed on account of such depreciation in their value as occurs during the year, on account of wear and tear arising from their use in the productions of the play or their becoming obsolete at the close of the production.
Էջ 32 - Interest upon the bonds of and dividends from foreign corporations by persons undertaking as a matter of business or for profit the collection of foreign payments of such Interest or dividends by means of coupons, checks, or bills of exchange.
Էջ 32 - Every corporation subject to the tax imposed by this title shall, when required by the Commissioner, render a correct return, duly verified under oath, of its payments of dividends, stating the name and address of each shareholder, the number of shares owned by him, and the amount of dividends paid to him.