Investigation of Bureau of Internal Revenue: Hearings Before the Select Committee on Investigation of the Bureau of Internal Revenue, United States Senate, Sixty-eighth Congress, First[-second] Session, Pursuant to S. Res. 168, Authorizing the Appointment of a Special Committee to Investigate the Bureau of Internal Revenue, Volumen9United States. Congress. Senate. Select Committee on Investigation of the Bureau of Internal Revenue U.S. Government Printing Office, 1925 |
Dentro del libro
Resultados 1-5 de 49
Página 1435
... basis , of capitalizing earnings , as to the rate of profit that the purchaser expected to make on that kind of investment . I wish to call the attention of the committee to this fact , that the discount rate used , 6 per cent , is ...
... basis , of capitalizing earnings , as to the rate of profit that the purchaser expected to make on that kind of investment . I wish to call the attention of the committee to this fact , that the discount rate used , 6 per cent , is ...
Página 1437
... basis , or whether it should be determined on some other basis , and that it did not involve an engineering problem . Mr. HARTSON . Mr. Chairman , I think the determing of a value is ordinarily left in the hands of valuation experts ...
... basis , or whether it should be determined on some other basis , and that it did not involve an engineering problem . Mr. HARTSON . Mr. Chairman , I think the determing of a value is ordinarily left in the hands of valuation experts ...
Página 1438
... basis which the most conserva- tie invester can get on his money ? Mr. EDDINGFIELD . Well , I would not say the most conservative , be- cause Government bonds are 4 per cent and even 32 per cent . The CHAIRMAN . Well , a first mortgage ...
... basis which the most conserva- tie invester can get on his money ? Mr. EDDINGFIELD . Well , I would not say the most conservative , be- cause Government bonds are 4 per cent and even 32 per cent . The CHAIRMAN . Well , a first mortgage ...
Página 1440
... basis for it . You can take that decision and find out just exactly what was done . As to the reasoning in support of what was done , it probably would take a good many pages , and cases are being handled there by the hundreds . We are ...
... basis for it . You can take that decision and find out just exactly what was done . As to the reasoning in support of what was done , it probably would take a good many pages , and cases are being handled there by the hundreds . We are ...
Página 1441
... basis for his reasoning , and the committee can hear him at that time . There is another request , Mr. Chairman , that I should like to make , and that is that to - morrow's session be devoted to the tying up and the closing up of some ...
... basis for his reasoning , and the committee can hear him at that time . There is another request , Mr. Chairman , that I should like to make , and that is that to - morrow's session be devoted to the tying up and the closing up of some ...
Términos y frases comunes
acquisition acre amortization allowed amount annuity appeal appellant corporation April 24 basis berry Island Border Island Border Island Co BRIGGS Bureau of Internal cash cent CHAIRMAN Cherry city of Buffalo claimed collectors commissioner committee conference contract contractual amortization cost cubic yards December 31 depletion deponent deposit determined developed discount factor earnings EDDINGFIELD Empire Limestone engineering division estimated fact filed Greenidge GRIMES HARTSON Income Tax Unit Internal Revenue invested capital January 28 lease MANSON March market value matter memorandum ment metals valuation section minimum mining mortgage NASH natural resources Niagara River nonmetals operating owners present value present worth profit prospective purchase purpose question rate of interest record removed returns royalty sand and gravel Senator ERNST Senator KING Senator WATSON Shipping Board solicitor solicitor's office Squaw Island Standifer statement Strawberry Island submitted taxpayer THOMAS tion uplands
Pasajes populares
Página 1582 - Any allowance made to a taxpayer by a contracting Department of the Government or by any other contractor for amortization' or fall in the value of property, either as a part of the cost of production or as a part of the price of the product, shall be included in gross income.
Página 1477 - You may, if desirable, request a conference before the Income Tax Unit in connection with the appeal to be held within the period prior to the expiration of five days after the time prescribed for the filing of the appeal. If the Income Tax Unit is unable to concede the points raised in your appeal, it will...
Página 1582 - ... claims arising out of the cancellation or termination of contracts, shall be included in gross income. All payments arising out of the settlement of such claims shall be included in the accrued income of the taxable year in which such cancellation or termination (whether formal or informal) occurred. The amount of amortization to be allowed as a deduction from gross income, for the purpose of the tax, shall be computed in accordance with the provisions of articles 181 to 189, pursuant to which...
Página 1477 - In accordance with the provisions of section 250 (d) of the Revenue Act of 1921...
Página 1517 - There is no reasonable ground for contending that the state may not use the methods of business to ascertain such values. In such a case, it is not compelled to ignore, or discount, the facts of demonstrated availability, quantity, and quality of mineral. If a rule or method exists by which engineers and business men ascertain the values of ore bodies for the purpose of buying...
Página 1517 - ... of business to ascertain such values. In such a case, it is not compelled to ignore, or discount, the facts of demonstrated availability, quantity, and quality of mineral. If a rule or method exists by which engineers and business men ascertain the values of ore bodies for the purpose of buying and selling them, if no better rule is or can be suggested, how can it be said that the rule is wrong in principle when adopted by the state? The state must, of necessity, treat the peculiar subject of...
Página 1483 - Payment of the amount of additional tax should not be made until a bill is received from the collector of internal revenue for your district and remittance should then be made to him in accordance with the terms of the notice.
Página 1483 - In view of the limitation of time for making additional assessments as provided in the revenue act of 1921. together with the desire of the Income Tax Unit to make additional assessments only after careful consideration of all the facts in the case, it will be necessary, if an appeal is filed as...
Página 1553 - There may be a question in the minds of some of the members of the committee as to why the Housing Agency is here supporting this particular request.
Página 1530 - The practice, therefore, of valuing upon tables constructed on the assumption of reproducing capital at the same high rate of interest as that which may be realized on it is opposed to the truth, and calculated to mislead and injure a purchaser to a very large extent." Hoskold reasoned that the value of an annuity (purchase price of a mine) was determined by providing a desired return on the capital plus recovery of capitaL A redemption fund or a portion of the annuity (annual amounts) was to be...