Statistics of Income for ..., Part 1

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U.S. Government Printing Office, 1950
Volumes for 1934-53 issued in 2 pts.: pt. 1. Individual income tax returns, estate tax returns, gift tax returns (varies); pt. 2. Corporation income tax returns and personal holding company returns. 1954- issued in 4 pts.: Corporation income tax returns; Estate tax returns; Fiduciary income tax returns; Individual income tax returns.
 

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Pàgina 58 - partnership" includes a syndicate, group, pool, joint venture, or other unincorporated organization, through or by means of which any business, financial operation, or venture is carried on, and which is not, within the meaning of this title, a trust or estate or a corporation; and the term "partner" includes a member in such a syndicate, group, pool, joint venture, or organization.
Pàgina 26 - Stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business...
Pàgina 198 - The net income of the Common Trust Fund shall be computed in the same manner and on the same basis as in the case of an individual...
Pàgina 41 - For 1944 and 1945, adjusted gross income (defined as gross income minus allowable trade and business deductions, expenses of travel and lodging in connection with employment, reimbursed expenses in connection with employment, deductions attributable to rents and royalties, certain deductions of life tenants and income beneficiaries of property held in trust, and allowable losses from sales of property) Is shown instead of net income.
Pàgina 54 - ... property, used in the trade or business, of a character which is subject to the allowance for depreciation provided in section 23 (1). or an obligation of the United States or any of Its possessions, or of a State or Territory, or any political subdivision thereof, or of the District of Columbia, issued on or after March 1, 1941, on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue...
Pàgina 1 - That the preparation and publication of statistics reasonably available with respect to the operation of the income tax law and containing classifications of taxpayers and of income, the amounts allowed as deductions and exemptions, and any other facts deemed pertinent and valuable, shall be made annually by the Commissioner of Internal Revenue with the approval of the Secretary of the Treasury.
Pàgina 19 - ... obligation of the United States or any of its possessions, or of a State or Territory, or any political subdivision thereof, or of the District of Columbia, issued on or after March 1, 1941, on a discount basis and payable without interest at a fixed malurily date not exceeding one year from the date of issue, or real property used in the trade or business of the taxpayer; * » * "(b) Percentage taken into account.
Pàgina 36 - Marital status is determined as of the last day of the taxable year. For...
Pàgina 7 - For the purposes of this paragraph the determination of whether an individual is married and living with his spouse shall be made as of the last day of the taxable year, unless his spouse dies during the taxable year, In which case such determination shall be made as of the date of such spouse's death.
Pàgina 30 - The alternative tax is the sum of — (1) A partial tax, computed at the rates provided by sections...

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