The first of which to find important place in our federal government was the graduated income tax under Wilson.

On motion of the Amici Curiae, the court directed that a ruling be obtained from the Commissioner of Internal Revenue as to the federal income tax consequences of the Government's plan.

The measure, for federal income tax purposes, of the dividend to individual stockholders would be the fair market value of the shares at the time of each annual distribution.

April 15 is usually the final date for filing income tax returns for most people because they use the calendar year ending on December 31.

If you were required to file a declaration of estimated tax for the calendar year 1961, it is not necessary to pay the fourth installment otherwise due on January 15, 1962, if you file your income tax return Form 1040, and pay your tax in full for the calendar year 1961 by January 31, 1962.

However, if their United States income is not subject to the withholding of tax on wages, their returns are due June 15, 1962, if they use a calendar year, or the 15th day of the 6th month after the close of their fiscal year.

Your application must include the following information: ( 1 ) your reasons for requesting an extension, ( 2 ) whether you filed timely income tax returns for the 3 preceding years, and ( 3 ) whether you were required to file an estimated return for the year, and if so whether you did file and have paid the estimated tax payments on or before the due dates.

An overpayment of income and social security taxes entitles you to a refund unless you indicate on the return that the overpayment should be applied to your succeeding year's estimated tax.

A minor who has gross income of less than $600 is entitled to a refund if income tax was withheld from his wages.

In connection with our continuing development of new and more efficient mill machinery, a sounder U. S. income tax policy on depreciation of production equipment, enabling the mills to charge off the cost of new machines on a more realistic basis, could, if adopted, have favorable effects on Leesona's business in the next few years.

It was then that I availed myself of the rights of a citizen and declared the income tax unconstitutional.

It is an averaging device intended to ease the tax burden of fluctuating income ; ;

Kitti had come into the office, on somebody's recommendation, because she needed help in preparing her income tax return.

`` But I am not in favor of a sales or state income tax at this time '', Mitchell said.

Other witnesses, after appearances before the jury, which reportedly is probing into possible income tax violations, disclosed that government prosecutors were attempting to connect Stein and his company with a number of gangsters, including Glimco and Alex.

Louisiana, however, collected an income tax on the profits from the sale.

The corporation, in filing its final Federal income return, claimed the state tax payment as a deductible expense, as permitted under U.S. tax law.

The owner of a public relations firm owed no income tax on payments he received from a client company and `` kicked back '' to the company's advertising manager, the Tax Court ruled.

It is used to calculate income tax.

* 1861 – American Civil War: in order to help pay for the war effort, the United States government levies the first income tax as part of the Revenue Act of 1861 ( 3 % of all incomes over US $ 800 ; rescinded in 1872 ).

The Revenue Service disallowed the claim, invoking a law provision that generally bars deductions for expenses incurred in connection with what it said was tax-exempt income.

A guaranteed minimum income is another proposed system of social welfare provision.

The income tax provision was struck down in 1895 by the U. S. Supreme Court case Pollock v. Farmers ' Loan & Trust Co.,.

With the passage of the Farm Bill in the summer of 2008 these expanded federal income tax incentives were extended such that they also apply to all conservation easements donated in 2008 and 2009 and then this provision was extended again to apply to donations in 2010 and 2011.

IRC 103 ( a ) is the statutory provision that excludes interest on municipal bonds from federal income tax.

Pollock v. Farmers ' Loan & Trust Company,, aff'd on reh ' g,, with a ruling of 5 – 4, was a landmark case in which the Supreme Court of the United States ruled that the unapportioned income taxes on interest, dividends and rents imposed by the Income Tax Act of 1894 were, in effect, direct taxes, and were unconstitutional because they violated the provision that direct taxes be apportioned.

The main focus of the GFSM 2001 is the general government sector defined as the group of entities capable of implementing public policy through the provision of primarily nonmarket goods and services and the redistribution of income and wealth, with both activities supported mainly by compulsory levies on other sectors.

:* In addition to the income from land, one notes that in Article 110 there is provision for discretionary payment on such terms and conditions as maybe prescribed by or under federal law of the export duty on “ mineral oils ” produced in the state.

This provision is designed to codify industry " best practices " regarding employer-owned life insurance and amend the Internal Revenue Code of 1986 by introducing conditions that must be met in order to exclude from gross income the proceeds from company-owned life insurance.

The change in the bad debt provision from year to year is posted to the bad debt expense account in the income statement.

Guaranteed minimum income ( GMI ) also called Citizen's Income, is a system of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions.

RoSPA's income is derived largely from subscriptions, the sale of products and the provision of services-notably consultancy and training.

In 1876, the Wisconsin State Legislature passed " An Act to permanently provide for deficiencies in the University fund income " to which Washburn added a provision that allocated a sum of $ 3000 USD per year over three years for the establishment of astronomy instruction and a corresponding observatory.

In April 1929 the hospital was the recipient of playwright J. M. Barrie's copyright to the Peter Pan works, with the provision that the income from this source not be disclosed.

This is because the majority of state tax revenues in Tennessee are derived from a sales tax, which applies to food, clothing, furniture, car parts, and other necessities, but not private school tuition, real estate investments, attorney fees, or stocks and bonds ( except for interest earned and dividends, which are taxed at 6 percent under the Hall income tax, Tennessee being the only state with this provision ).

The agency provides services primarily to those attempting to relocate an employer and to those requiring the issuing of a financial provision due to in the first case lack of employment, of an allowance to assist with the living costs and expenditure intrinsic to the effort to achieve employment, or in all other cases the provision of social-security benefit as the result of a person without an income from employment due to illness-incapacity including illicit drug addiction.

CyBC is a non-profit organization that utilises its entire income for the promotion of its main mission, which is the objective provision of information, culture and entertainment for the people of Cyprus.

On the ' supply ' side, it is sometimes suggested that there will be more support in society for implicit redistribution via the provision of certain kinds of goods and services, rather than explicit redistribution through income.

Nasecore's complaint accusing Meralco of " illegally declaring as income 889 million pesos in consumers ’ money, which represents interest from meter and bill deposits consumers had been paying since 1995 ," was immediately refuted by the accused company as the alleged P889 million only stemmed from a generally accepted accounting principle of reversing Meralco's earlier provision for meter deposit interests which, earlier set at 10 % per annum was deemed too high and was set to the recommended 6 %.

After the 1895 Pollock ruling ( essentially, that taxes on income from property should be treated as direct taxes ), this provision made it difficult for Congress to impose a national income tax that applied to all forms of income until the 16th Amendment was ratified in 1913.

it can label a thing income and tax it, so long as it acts within its constitutional authority, which includes not only the Sixteenth Amendment but also Article I, Sections 8 and 9.

Sections of Mantua that had been flood-prone were refurbished under Giulio's direction, and the duke's patronage and friendship never faltered: Giulio's annual income amounted to more than 1000 ducats.

Sections of Pnin were first published, in installments, in The New Yorker in order to generate income while Nabokov was scouring the United States for a publisher willing to publish Lolita.

The Federal income taxation of partners and partnerships is set forth under Subchapter K covering Sections 701 – 777 of the Code.