 Income may be defined as the gain derived from capital, from labor, or from both combined," provided it be understood to include profit gained through a sale or conversion of capital assets, to which it was applied in the Doyle Case (pp.  National University Law Review - Página 701926Vista completa - Acerca de este libro
 | United States. Court of Claims - 1924 - 792 páginas
...Trust Co. v. jSmietanka, 255 US 509, 518, has defined the meaning of the word " income " as follows : " Income may be defined as the gain derived from capital,...gained through a sale or conversion of capital assets." It can not be said that the proceeds of life insurance policies come within the meaning of the above... | |
 | United States. Court of Claims, Audrey Bernhardt - 1958 - 1044 páginas
...case. But in Eisner v. Macomber the court defined "income" for income tax purposes, as follows : * * * the gain derived from capital, from labor, or from...gained through a sale or conversion of capital assets * * *. We are unwilling to surmise that the court intended by this language, not necessary to its decision,... | |
 | 1921 - 510 páginas
...Profits on Sale of Stock or Bonds as Income.— The United States Supreme Court has defined "income" as, "The gain derived from capital, from labor, or from both combined, provid1 it be understood to include profits gained through sale or conversion of capital assets " Eisner... | |
 | 1940 - 1236 páginas
[ Lo sentimos, el contenido de esta página está restringido. ] | |
 | 1962 - 1118 páginas
[ Lo sentimos, el contenido de esta página está restringido. ] | |
 | 1921 - 1048 páginas
...businesses, commerce, or sales, or dealings in property," and the United States Supreme Court defines income as the "gain derived from capital, from labor, or from both combined." Doyle v. Mitchell Brothers Co., 247 US 179, 185, 38 Sup. Ct. 467, 469 (62 L. Ed. 105) and authority... | |
 | 1925 - 822 páginas
...found it necessary to determine just what income is, and defined the term in the following words: "For income may be defined as the gain derived from capital, from labor, or from both combined, and here we have combined operations of capital and labor."1 No authority of previous decisions was... | |
 | 1942 - 502 páginas
[ Lo sentimos, el contenido de esta página está restringido. ] | |
 | 1914 - 552 páginas
...process and the transaction is indubitably "business" and the gains derived therefrom "income," for "income may be defined as the gain derived from capital, from labor, or from both combined, and here we have combined operations of capital and labor." The Court called attention to the alleged... | |
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