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 21
Página 1457
... industrial transactions it is submitted that the rate of interest of 6 per cent is adequate for a lessor of a mine in which the ore reserves and the profit per unit are proven . 1. The lessor shares none of the inherent risk of loss to ...
... industrial transactions it is submitted that the rate of interest of 6 per cent is adequate for a lessor of a mine in which the ore reserves and the profit per unit are proven . 1. The lessor shares none of the inherent risk of loss to ...
Página 1459
... industry , part 1 , July 1 , 1911 ( Government Printing Office ) , page 3. The royalty valuation made in this report is on the basis of 700,000,000 tons of free ore , at an average royalty rate of 28 cents per ton , and a 6 per cent ...
... industry , part 1 , July 1 , 1911 ( Government Printing Office ) , page 3. The royalty valuation made in this report is on the basis of 700,000,000 tons of free ore , at an average royalty rate of 28 cents per ton , and a 6 per cent ...
Página 1466
... industries . It appeared to me that , with the large number of people engaged in this work , there must be some set of instructions which would at least fix the minimum and maximum discount rates that could be applied to different ...
... industries . It appeared to me that , with the large number of people engaged in this work , there must be some set of instructions which would at least fix the minimum and maximum discount rates that could be applied to different ...
Página 1489
... industry and is not applicable in this case . Valuation on the realizable value , based on the sale contract , can not be con- sidered here as the sale contract was a consideration in the transaction , which was actually consummated ...
... industry and is not applicable in this case . Valuation on the realizable value , based on the sale contract , can not be con- sidered here as the sale contract was a consideration in the transaction , which was actually consummated ...
Página 1495
... industry , it does not seem logical that it has no relation to the method of determining value of natural resources in a different industry . CONCLUSION The appellant corporation has attempted to place before your department every ...
... industry , it does not seem logical that it has no relation to the method of determining value of natural resources in a different industry . CONCLUSION The appellant corporation has attempted to place before your department every ...
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...