Changes in the Federal Income Tax Law Reflected in the Revenue Act of 1924 Affecting Domestic Corporations and Individual Citizens Or Residents of the United States PDF Download
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Author: WeWitt T. Ware
Publisher:
ISBN:
Category :
Languages : en
Pages : 64
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Book Description
Author: WeWitt T. Ware
Publisher:
ISBN:
Category :
Languages : en
Pages : 64
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Book Description
Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 396
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Book Description
Author: United States. Department of the Treasury
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 392
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Book Description
Author: Guaranty Trust Company of New York
Publisher:
ISBN:
Category : Aliens
Languages : en
Pages : 108
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Book Description
Author: Godfrey Nicholas Nelson
Publisher:
ISBN:
Category : Excess profits tax
Languages : en
Pages : 92
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Book Description
Author: Irving Bank-Columbia Trust Company
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 156
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Author: Guaranty Trust Company of New York
Publisher: Forgotten Books
ISBN: 9781330581278
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
Excerpt from Federal Taxes on Income and Profits: Imposed by the Revenue Act of 1918 The statute imposes an income tax upon individuals, including a normal tax and a surtax. The tax is upon net income, after deducting from gross income, the allowable deductions. Normal Tax. - For the calendar year 1919 and subsequent years the normal tax on individual citizens or residents of the United States is 4 per centum upon the first $4,000 in excess of allowable deductions and credits and 8 per centum upon the excess over that amount. The lower rate on the first $4,000 applies to each separate individual, whether married or unmarried, and should not be confused with the joint exemption granted married persons. In the case of a nonresident alien individual the entire net income from sources within the United States, less any allowable deductions and credits, is subject to the normal tax at the rate of 8 per centum for 1919 and subsequent years. Surtax. - In addition to the normal tax, a surtax is imposed upon the net income of every individual, resident or nonresident in excess of $5,000. In determining the taxable net income for the purpose of the surtax the credits provided by Section 216 of the statute are not applicable. The chart on page 2 shows the rates of normal tax and surtax and the total tax on citizens and residents of the United States on net incomes of specified amounts. The surtax for any amount of net income not shown in the chart is computed by adding to the total surtax for the largest amount shown which is less than the income, the surtax upon the excess over that amount at the rate indicated in the table. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Donald A. Frederick
Publisher:
ISBN:
Category : Agricultural industries
Languages : en
Pages : 108
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Author: Ajay K. Mehrotra
Publisher: Cambridge University Press
ISBN: 1107043921
Category : Business & Economics
Languages : en
Pages : 447
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Book Description
Making the Modern American Fiscal State chronicles the rise of the US system of direct and progressive taxation.
Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1380
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Book Description
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
