 | 1960 - 1764 էջ
...Income) . (4) Estate, inheritance, legacy, succession, and gift taxes. (5) Taxes assessed against local benefits of a kind tending to Increase the value of the property assessed; but this paragraph shall not prevent — (A) The deduction of so much of such taxes as IB properly... | |
 | 1968 - 1618 էջ
...certain taxes. No deduction shall be allowed for the following taxes : (1) Taxes assessed against local benefits of a kind tending to Increase the value of the property assessed; but this paragraph shall not prevent the deduction of so much of such taxes as is properly allocable... | |
 | United States. Internal Revenue Service - 1951 - 1868 էջ
...income taxes, certain retail sales taxes, and real estate taxes but exclude assessments against local benefits of a kind tending to increase the value of the property ap sessed, taxes deducted in schedules for rents and business, taxes imposed upon shares in a corporation... | |
 | United States. Internal Revenue Service - 1964 - 888 էջ
...income taxes); estate, inheritance, legacy, succession, and gift taxes; taxes assessed against local benefits of a kind tending to increase the value of the property assessed; income, war profits, and excess profits taxes imposed by the authority of any foreign country, if the... | |
 | United States. Internal Revenue Service - 1955 - 516 էջ
...taxes on property used in the trade or business of the estate or trust and those assessed against local benefits of a kind tending to increase the value of the property assessed. Federal import duties and Federal excise and stamp taxes are deductible only if paid or incurred in... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1955 - 152 էջ
...date. Among the taxes not allowed as deductions under the 1939 Code were taxes assessed against local benefits of a kind tending to increase the value of the property assessed (except to the extent they represented maintenance or interest charges). The 1954 Code makes an exception... | |
 | United States. Internal Revenue Service. Statistics Division - 1957 - 140 էջ
...instruction 7. The following taxes are not deductible: (1) generally, taxes assessed against local benefits of a kind tending to increase the value of the property assessed; (ii) Federal income taxes; (ili) estate, inheritance, succession, or gift taxes, except as noted in... | |
 | 1957 - 558 էջ
...if paid or incurred in carrying on a trade or business. Do not include taxes assessed against local benefits of a kind tending to increase the value of the property assessed, as for paving, sewers, front foot benefits, etc. Line 15 — Losses of Business Property. — You may... | |
 | United States. Congress. House. Committee on Ways and Means - 1959 - 816 էջ
...a general rule they are not. The phrase justifying the disallowance of improvement taxes generally, "of a kind tending to increase the value of the property assessed," causes confusion and might be token out of the statute. Change treatment of items in Code 164(b) (5)... | |
 | 1961 - 566 էջ
...or with respect to the real estate owned by the company, not including taxes assessed against local benefits of a kind tending to increase the value of the property assessed, and not including any amount paid out for new buildings, or for permanent improvements or betterments... | |
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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... 
