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Այլ խմբագրություններ - View all
Taxation of Corporations and Personal Income in New York, Հատոր 1
Henry Montefiore Powell
Ամբողջությամբ դիտվող - 1921
Taxation of Corporations and Personal Income in New York, Հատոր 2
Henry Montefiore Powell
Ամբողջությամբ դիտվող - 1922
The Taxation of Corporations and Personal Income in New York
Henry Montefiore Powell,Etc New York Laws
Դիտել հնարավոր չէ - 2018
accounts receivable amended amount annual apply apportionment Article 9-a assessed assets basis beneficiary bonds calendar capital stock cent centum certiorari chapter compensation comptroller computed cost court deductible from gross depletion depreciation derived determination dividends earnings employees entire net income estate or trust ex rel excess profits tax expenses fair market value Federal fiduciary filed fiscal foreign corporation franchise tax gain or loss gross income included Income Tax Law individual interest inventory issued capital joint stock company liable nonresident par value partnership payable payment penalty personal exemption personal property personal service poration premiums prior purpose real estate received regulations resident return of income salaries section 182 sources statute subd subdivision tax commission tax imposed taxable income taxation taxpayer thereof tion transaction United United States treasury withholding agent writ York
Էջ 637 - Gross income" includes gains, profits, and income derived from salaries, wages, or compensation for personal service, of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property, whether real or personal, growing out of the ownership or use of or interest in such property; also from interest, rent, dividends, securities, or the transaction of any business carried on for gain or profit, or gains or profits and income derived...
Էջ 252 - Whenever In the opinion of the Commissioner the use of Inventories is necessary in order clearly to determine the Income of any taxpayer, Inventories shall be taken by such taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice In the trade or business and as most clearly reflecting the Income.
Էջ 636 - The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer...
Էջ 639 - ... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity...
Էջ 325 - That every partnership shall make a return for each taxable year, stating specifically the items of its gross income and the deductions allowed by this title, and shall include in the return the names and addresses of the individuals who would be entitled to share in the net income if distributed and the amount of the distributive share of each individual. The return shall be sworn to by any one of the partners.
Էջ 294 - If, however, an intangible asset acquired through capital outlay is known from experience to be of value in the business for only a limited period, the length of which can be estimated from experience with reasonable certainty, such intangible asset may be the subject of a depreciation allowance, provided the facts are fully shown in the return or prior thereto to the satisfaction of the Commissioner.
Էջ 608 - States); (3) estate, inheritance, legacy, succession and gift taxes; and (4) taxes assessed against local benefits of a kind tending to increase the value of the property assessed...
Էջ 445 - ... privileges and immunities of citizens of the States. It threw around them in that clause no security for the citizen of the State in which they were claimed or exercised. Nor did it profess to control the power of the State governments over the rights of its own citizens. Its sole purpose was to declare to the several States, that whatever those rights, as you grant or establish them to your own citizens, or as you limit or qualify, or impose restrictions on their exercise, the same, neither...
Էջ 288 - Losses sustained during the taxable year and not compensated for by insurance or otherwise, if incurred in any transaction entered into for profit, though not connected with the trade or business...
Էջ 581 - In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash discounts approximating a fair interest rate, which may be deducted or not at the option of the taxpayer, provided a consistent course is followed. To this net invoice price should be added transportation or other necessary charges incurred in acquiring possession of the goods.