Book Description

Excerpt from Digest of the Federal Revenue Act of 1921, for Income and Excess Profits Taxes for 1921, 1922 and Subsequent Years, With Tables for Calculation of Tax and for Comparison of Taxes; Act Passed November 23, 1921 This pamphlet is confined to a consideration of Federal taxation of income, as such taxation is provided for by the Revenue Act of 1921. The subject is considered under three general heads: (a) Definition of terms used in the Act. (b) Notation of the principal modifications of the Revenue Act of 1918. (c) A resume of the Income Tax Law, with comment, illustrations and tables of computation of tax applicable to individual, estate or trust and corporation income, and tables of comparison and effect of tax. The object sought is to assist taxpayers in reading the Law intelligently and applying it to the facts of their particular cases. The analysis and suggestions made are of course subject to such modification as departmental regulations - when issued - may require. The Law is always the source of authority. It is printed in a separate pamphlet. 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.