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" All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered... "
Cases Decided in the Court of Claims of the United States - Side 146
av United States. Court of Claims - 1938
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The Federal Reporter

1930 - 1124 sider
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The Federal Reporter

1925 - 1112 sider
...term. Section 234 (a) of the Revenue Act of 1918 (Сотр. St Ann. Supp. 1919, § 6336y8pp) provides that "in computing the net income of a corporation...section 230 there shall be allowed as deductions: • • • (7) A reasonable allowance for the exhaustion, wear and tear of property used in the trade...
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The Federal Reporter

1935 - 1170 sider
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The Federal Reporter

1935 - 1166 sider
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The Federal Reporter: Cases Argued and Determined in the ..., Volumer 265-266

1920 - 2100 sider
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General Laws of the State of Idaho ...

Idaho - 1959 - 842 sider
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General Laws of the State of Idaho ...

Idaho - 1955 - 902 sider
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Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp ...

George Edwin Holmes - 1919 - 1048 sider
...representing profits on the manufacture and disposition of goods within the United States. DEDUCTIONS ALLOWED Sec. 234. (a) That in computing the net income of...tax imposed by section 230 there shall be allowed :1s deductions: (10) In the case of insurance companies, in addition to the above: (a) The net addition...
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Canada; Economic Position and Plans for Development

Guaranty Trust Company of New York - 1919 - 664 sider
...premiums collected and received by them less amounts paid for reinsurance. DEDUCTIONS ALLOWED SEC. 234.(a) That in computing the net income of a corporation...section 230 there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on...
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United States Revenue Act, 1918: Annotated and Indexed. Passed, 1919 ...

National City Company, United States - 1919 - 104 sider
...disposition of goods within the United States. Foreign corporations gross income. DEDUCTIONS ALLOWED. 148. SEC. 234. (a) That in computing the net income of...corporation subject to the tax imposed by Section 230 (par. 124-127) there shall be allowed as deductions : 149. (1) All the ordinary and necessary expenses...
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