Regulations No 41 Relative to the War Excess Profits Tax Imposed By the War Re
Regulations No 41 Relative to the War Excess Profits Tax Imposed By the War Re
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In our eReader you can find the full English version of the book. Read Regulations No 41 Relative to the War Excess Profits Tax Imposed By the War Re Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Regulations No 41 Relative to the War Excess Profits Tax Imposed By the War Re
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37. Deduction of contributions for religious, charitable, etc. , purposes. — Contributions or gifts for religious, charitable, etc. , pur- poses allowed as a deduction for purposes of the income tax under paragraph' "Ninth" of subdivision (a) of section 5 of the act of September 8, 1916, as amended, may, subject to the limitations therein contained, be deducted in computing the net income of the trade or business for purposes of the excess profits tax only when it is shown to the satisfaction o...f the Commissioner of Internal Rev- 18 WAR EXCESS PROFITS TAX enue that such contributions or gifts are made by the trade or busi- ness and not by the individual in his personal capacity.
Art. 38. Determination of net income for the prewar period where there is invested capital. — The net income which is derived from a trade or business having invested capital (constituting net income of class B as defined in article 14) shall be determined for each of the calendar years 1911, 1912, and 1913 upon the same basis and in the same manner as provided in article 36.
What to read after Regulations No 41 Relative to the War Excess Profits Tax Imposed By the War Re?
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To quickly assess the difficulty of the text, read a short excerpt:
37. Deduction of contributions for religious, charitable, etc. , purposes. — Contributions or gifts for religious, charitable, etc. , pur- poses allowed as a deduction for purposes of the income tax under paragraph' "Ninth" of subdivision (a) of section 5 of the act of September 8, 1916, as amended, may, subject to the limitations therein contained, be deducted in computing the net income of the trade or business for purposes of the excess profits tax only when it is shown to the satisfaction o...f the Commissioner of Internal Rev- 18 WAR EXCESS PROFITS TAX enue that such contributions or gifts are made by the trade or busi- ness and not by the individual in his personal capacity.
Art. 38. Determination of net income for the prewar period where there is invested capital. — The net income which is derived from a trade or business having invested capital (constituting net income of class B as defined in article 14) shall be determined for each of the calendar years 1911, 1912, and 1913 upon the same basis and in the same manner as provided in article 36.
What to read after Regulations No 41 Relative to the War Excess Profits Tax Imposed By the War Re?
You can find similar books in the "Read Also" column, or choose other free books by United States. Internal Revenue Service to read onlineMoreLess
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