Federal Income Tax Including Tax On Undistributed Net Income Capital Stock Tax
Federal Income Tax Including Tax On Undistributed Net Income Capital Stock Tax
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In our eReader you can find the full English version of the book. Read Federal Income Tax Including Tax On Undistributed Net Income Capital Stock Tax 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 Federal Income Tax Including Tax On Undistributed Net Income Capital Stock Tax
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Where a corporation, such as a bank, pays taxes assessed upon the respective interests of its share- holders, under laws which require the corporation to pay such taxes on behalf of its shareholders, the pro rata amount so paid on his shares should be reported 21 Letters from Treasury Department dated June 30, 1917, and June 22, 1917; I. T. S. 1917, 112257 and 2258. The second of these letters is based upon an opinion on the subject obtained from the Attorney General by the Treasury Department.... The Unction was raised by reason of the language of the Act authoriz- ing the first issue of Liberty Bonds, which exempted the principal and income from taxation. F. I. Tax. 18 274 FEDERAL INCOME TAX by the stockholder as a dividend. The same amount may also be deducted as a tax of the stockholder paid for him by the corporation as his agent. The net result of reporting such amount as a dividend, and claiming the same amount as a deduction, is that the amount of tax is offset against the stockholder's income from other sources in assessing the normal tax.
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You can find similar books in the "Read Also" column, or choose other free books by George Edwin Holmes to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Where a corporation, such as a bank, pays taxes assessed upon the respective interests of its share- holders, under laws which require the corporation to pay such taxes on behalf of its shareholders, the pro rata amount so paid on his shares should be reported 21 Letters from Treasury Department dated June 30, 1917, and June 22, 1917; I. T. S. 1917, 112257 and 2258. The second of these letters is based upon an opinion on the subject obtained from the Attorney General by the Treasury Department.... The Unction was raised by reason of the language of the Act authoriz- ing the first issue of Liberty Bonds, which exempted the principal and income from taxation. F. I. Tax. 18 274 FEDERAL INCOME TAX by the stockholder as a dividend. The same amount may also be deducted as a tax of the stockholder paid for him by the corporation as his agent. The net result of reporting such amount as a dividend, and claiming the same amount as a deduction, is that the amount of tax is offset against the stockholder's income from other sources in assessing the normal tax.
What to read after Federal Income Tax Including Tax On Undistributed Net Income Capital Stock Tax?
You can find similar books in the "Read Also" column, or choose other free books by George Edwin Holmes to read onlineMoreLess
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