Supplement to Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock Tax, War Excess Profits Tax and Stamp Tax (Classic Reprint) - Hardcover

George E. Holmes

9780266440031: Supplement to Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock Tax, War Excess Profits Tax and Stamp Tax (Classic Reprint)

Hardcover

ISBN 10: 0266440037 ISBN 13: 9780266440031

Publisher: Forgotten Books, 2018

View all copies of this ISBN edition

0 Used

2 New

From US$ 37.89

Understand early 20th‑century U.S. tax rules and how they apply to individuals and businesses .

This reference work explains the fundamentals of income tax, including how residents, non‑residents, and foreign entities are treated, plus the rules for calculating invested capital under the war era tax regime. Clear explanations accompany rulings and regulatory guidance to help readers apply the law to real‑world situations.

The material covers who must file, how to report income from various sources, and how deductions and credits are applied. It also outlines the mechanics of the War Excess Profits Tax, including adjustments, asset valuation, and the treatment of intangible property and stock.
What you’ll experience

Concrete guidance on calculating taxable income for residents and non‑residents.
Rules for invested capital, asset valuation, and adjustments during the war period.
Plain language summaries of regulations and rulings to aid practical filing and compliance.
Cross‑references to related topics such as partnerships, foreign corporations, and dividends.

Ideal for readers seeking a practical, historical reference to how early U.S. tax law was interpreted and enforced, and for anyone needing a grounded overview of wartime tax rules and their implementation in business and individual returns.

"synopsis" may belong to another edition of this title.