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" Where the amount of such accumulations does not become available to the shareholder until the maturity of a share, the amount of any share in excess of the aggregate amount paid in by the shareholder is income for the year of the maturity of the share. "
American Building Association News: Official Organ United States League - Page 357
1922
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The Code of Federal Regulations of the United States of America ..., Book 2

1940 - 1806 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If 74. Bankr K0 *t § 9.42-4 Long - term contracts. Income from long-term contracts is taxable for the period in which...
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The Code of Federal Regulations of the United States of America Having ...

1941 - 1688 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If the amount of such accumulations does not become available...shareholder is income for the year of the maturity of the share.'t § 19.42-4 Long-term contracts. Income from long-term contracts is taxable for the period...
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The Code of Federal Regulations of the United States of America Having ...

1939 - 1030 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If the amount of such accumulations does not become available...shareholder is income for the year of the maturity of the share.*t 3.42-4 Long-term contracts. Income from long-term contracts is taxable for the period in which...
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Treasury Decisions Under Internal Revenue Laws ..., Volume 18, Issues 2277-2428

United States. Internal Revenue Service, United States. Office of Commissioner of Internal Revenue - 1919 - 622 pages
...the shareholder at the time of the credit, has a taxable status for the normal and additional tax as for the year of the credit. Where the amount of such...shareholder until the maturity of a share, the amount of a share in excess of the aggregate amount paid in by the shareholder is income to 38680°— 18—...
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Reports of the Tax Court of the United States, Volume 1

United States. Tax Court - 1943 - 1262 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If the amount of such accumulations does not become available...income for the year of the maturity of the share. In the instant case the association had from year to year credited certain dividends to decedent's...
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The Code of Federal Regulations of the United States of America

1949 - 776 pages
...without restriction to the shareholder, has a taxable status as Income for the year of the credit. If the amount of such accumulations does not become available...income for the year of the maturity of the share. § 29.42-4 Long-term contracts. Income from long-term contracts is taxable for the period in which...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1954 - 1486 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If the amount of such accumulations does not become available...income for the year of the maturity of the share. § 39.42—4 Long-term contracts. (a) Income from long-term contracts is taxable for the period in...
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The Code of Federal Regulations of the United States of America

1949 - 774 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If the amount of such accumulations does not become available...income for the year of the maturity of the share. § 29.42-4 Long-term contracts. Income from long-term contracts is taxable for the period in which...
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Treasury Decisions Under Internal Revenue Laws ..., Volume 19, Issues 2429-2627

United States. Internal Revenue Service, United States. Office of Commissioner of Internal Revenue - 1920 - 1040 pages
...many days' notice in advance of cashing depositors' checks, is income to the depositor when credited. An amount credited to shareholders of a building and...income for the year of the maturity of the share. GROSS INCOME DEFINED: EXCLUSIONS. [SEC. 213. That for the purposes of this title (except as otherwise...
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The Code of Federal Regulations of the United States of America

1954 - 1390 pages
...without restriction to the shareholder, has a taxable status as income for the year of the credit. If the amount of such accumulations does not become available...income for the year of the maturity of the share. § 39.42-4 Long-term contracts, (a.) Income from long-term contracts is taxable for the period in which...
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