Renegotiation Act of 1951 as Amended Through August 1, 1956, Printed for the Use of ... Pursuant to Sec. 8021(c) of the Internal Revenue Code of 1954, and Public Law 216, 84-1, Approved August 3, 1955, Compiled for the ... by the Renegotiation Board1956 - 29 páginas |
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Página 7
... profits shall be computed by determining the amount of the renegotiation loss deduction for such first fiscal year ... excessive profits through renego- tiation : ( 2 ) that there may be withheld by the United States from amounts ...
... profits shall be computed by determining the amount of the renegotiation loss deduction for such first fiscal year ... excessive profits through renego- tiation : ( 2 ) that there may be withheld by the United States from amounts ...
Página 8
... excessive profits likely to be received or accrued . If the Board does not make an agreement with respect to the elimination of exces- sive profits received or accrued , it shall issue and enter an order determining the amount , if any ...
... excessive profits likely to be received or accrued . If the Board does not make an agreement with respect to the elimination of exces- sive profits received or accrued , it shall issue and enter an order determining the amount , if any ...
Página 9
... EXCESSIVE PROFITS.— ( 1 ) IN GENERAL . - Upon the making of an agreement , or the entry of an order ,, under ... received or accrued by a contractor or subcon- tractor , interest at the rate of 4 per centum per annum shall accrue ...
... EXCESSIVE PROFITS.— ( 1 ) IN GENERAL . - Upon the making of an agreement , or the entry of an order ,, under ... received or accrued by a contractor or subcon- tractor , interest at the rate of 4 per centum per annum shall accrue ...
Página 10
United States. Congress. Internal Revenue Taxation Joint Committee. ( B ) When the amount of excessive profits determined by the Tax Court is equal to the amount determined by the Board , interest shall accrue and be paid on such amount ...
United States. Congress. Internal Revenue Taxation Joint Committee. ( B ) When the amount of excessive profits determined by the Tax Court is equal to the amount determined by the Board , interest shall accrue and be paid on such amount ...
Página 11
... excessive profits , the Secretary shall allow the contractor or subcontractor credit for Federal income and excess ... received or accrued during such fiscal year shall thereupon be discharged . If an agreement or order determining ...
... excessive profits , the Secretary shall allow the contractor or subcontractor credit for Federal income and excess ... received or accrued during such fiscal year shall thereupon be discharged . If an agreement or order determining ...
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Términos y frases comunes
83d Cong 84th Cong accruals subject added by Pub Administrator agreement or order amended by Pub amount of excessive amounts otherwise due amounts received approved August approved September article or service contract or subcontract contractor or sub contractor or subcon contractor or subcontractor Contracts Price Adjustment December 31 delegation or redelegation Departments and subcontracts determining the amount durable productive equipment elimination of excessive ending after June excessive profits received exempt filed financial statement fiscal year ending function Government hereby interest shall accrue Internal Revenue Code italics in section June 30 Matter in italics ment national defense paragraph Price Adjustment Board proceeding receipts and accruals receipts or accruals received or accrued registered mail regulations prescribed related subcontracts Renegotiation Board respect to fiscal respect to receipts Secretary section 103 sentence standard commercial article standard commercial service subcontract described subsection Tax Court term standard commercial tion tractor United withheld
Pasajes populares
Página 22 - The principal office of the Board shall be in the District of Columbia, but it may meet and exercise any or all of its powers at any other place.
Página 3 - President may authorize, subject to such regulations as he may prescribe, the Department of the Army, the Department of the Navy, the Department of the Air Force, the Department of Commerce...
Página 15 - Board, that excessive profits are improbable; or " (5) any contract or subcontract with an organization exempt from taxation under section 101 (6) of the Internal Revenue Code...
Página 6 - Government agency" means any executive department, commission, independent establishment, corporation wholly or partly owned by the United States which is an instrumentality of the United States, board, bureau, division, service, office, officer, authority, administration, or other establishment, in the executive branch of the Government.
Página 15 - ... is subject to the jurisdiction of the Interstate Commerce Commission under Part III of the Interstate Commerce Act or subject to the jurisdiction of the Federal Maritime Board under the Intercoastal Shipping Act, 1933...
Página 11 - ... be reopened as to the matters agreed upon, and shall not be modified by any officer, employee, or agent of the United States, and (2) such agreement and any determination made in accordance therewith shall not be annulled, modified, set aside, or disregarded in any suit, action, or proceeding.
Página 8 - ... shall, at the request of the contractor or subcontractor, as the case may be, prepare and furnish such contractor or subcontractor with a statement of such determination, of the facts used as a basis therefor, and of its reasons for such determination. Such statement shall not be used in The Tax Court of the United States as proof of the facts or conclusions stated therein.
Página 17 - ... any contract or subcontract for the product of a mine, oil or gas well, or other mineral or natural deposit, or timber, which has not been processed, refined, or treated beyond the first form or state suitable for industrial use...
Página 24 - Is not embodied in an agreement with the contractor or subcontractor, may, within ninety days (not counting Sunday or a legal holiday in the District of Columbia as the last day) after the date of such determination, file a petition with The Tax Court of the United States for a redetermination thereof.
Página 7 - Secretary may direct, any amounts which under paragraph (3) (B) the contractor is directed to withhold from a subcontractor and which are actually unpaid at the time the contractor receives such direction. The obligations assumed by the contractor or subcontractor under paragraph (1) or (3) (A), as the case may be, agreeing to the elimination of excessive profits through renegotiation shall be binding on him only if the contract or subcontract, as the case may be, is subject to subsection (c).