Open Access. Powered by Scholars. Published by Universities.®

Law Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 17 of 17

Full-Text Articles in Law

Taxation -Income From Irrevocable Funded Insurance Trusts - Constitutionality Of Statute Nov 1933

Taxation -Income From Irrevocable Funded Insurance Trusts - Constitutionality Of Statute

Michigan Law Review

The settlor created irrevocable trusts to pay premiums on policies of insurance issued on his life in favor of irrevocably-named beneficiaries. Held, that sec. 219 (h), Rev. Acts 1924, 1926, making income from trusts taxable to the settlor, is constitutional. Burnet v. Wells, (U. S. 1933) 53 Sup. Ct. 7.61.1


Recent Changes In The Bank And Corporation Franchise Tax Act, Roger J. Traynor, Frank M. Keesling Sep 1933

Recent Changes In The Bank And Corporation Franchise Tax Act, Roger J. Traynor, Frank M. Keesling

Taxation & Traynor

No abstract provided.


Taxation-Inheritance Tax, Intangible Property-Due Process Of Law Jun 1933

Taxation-Inheritance Tax, Intangible Property-Due Process Of Law

Indiana Law Journal

No abstract provided.


Constitutional Law--Discrimination In Assessment For Taxation As Denial Of Equal Protection Of The Laws, Charles H. Haden Jun 1933

Constitutional Law--Discrimination In Assessment For Taxation As Denial Of Equal Protection Of The Laws, Charles H. Haden

West Virginia Law Review

No abstract provided.


Taxation--Revocable Trust In Income Tax Evasion, Frederick H. Barnett Jun 1933

Taxation--Revocable Trust In Income Tax Evasion, Frederick H. Barnett

West Virginia Law Review

No abstract provided.


Tax Exemption Of Property Devoted To Out-Of-State Charity, Wesley R. Tinker Jr. Jun 1933

Tax Exemption Of Property Devoted To Out-Of-State Charity, Wesley R. Tinker Jr.

West Virginia Law Review

No abstract provided.


The Supreme Court Of Indiana And Federal Taxation Of State Instrumentalities, Alden L. Powell May 1933

The Supreme Court Of Indiana And Federal Taxation Of State Instrumentalities, Alden L. Powell

Indiana Law Journal

No abstract provided.


Taxation - Priority Of Realty Taxes In Receivership May 1933

Taxation - Priority Of Realty Taxes In Receivership

Michigan Law Review

The question of the priority of realty taxes has seldom arisen in receiverships, for the statutes in practically every jurisdiction have made the tax a lien on the land. The statutes are so worded that the tax lien takes precedence over mortgages, labor liens, and all other forms of encumbrances and claims. In times of greatly depleted land values it may happen that the unpaid taxes amount to more than the market value of the property. In such a case is the State to be treated as a general creditor for the amount of the deficiency or is it to …


Constitutional Law-Federal Instrumentality- Mcculloch V. Maryland In Canada And Australia, Alden L. Powell Apr 1933

Constitutional Law-Federal Instrumentality- Mcculloch V. Maryland In Canada And Australia, Alden L. Powell

Michigan Law Review

The British North America Act of 1867 expressly exempts from taxation certain governmental instrumentalities. Section 125 of that Act provides that "no Lands or Property belonging to Canada or any Province shall be liable to taxation." This restriction applies to both Dominion and Provincial governments. W. H. P. Clement writes that this provision was a precautionary measure "to prevent the Dominion from levying taxes for federal purposes upon property held by the Crown for provincial purposes, and vice versa. It would operate no doubt to exempt from custom's duties goods purchased abroad by a provincial government. . . . " …


Minimizing Federal Income Taxes Upon The Sale Of Corporate Assets, Jackson D. Altizer Feb 1933

Minimizing Federal Income Taxes Upon The Sale Of Corporate Assets, Jackson D. Altizer

West Virginia Law Review

No abstract provided.


Constitutional Law--Tax-Exemption Of Realty Purchase With War Insurance Payments, Jack C. Burdett Feb 1933

Constitutional Law--Tax-Exemption Of Realty Purchase With War Insurance Payments, Jack C. Burdett

West Virginia Law Review

No abstract provided.


Proposed Amendment To Section 32, Roger J. Traynor Jan 1933

Proposed Amendment To Section 32, Roger J. Traynor

Taxation & Traynor

No abstract provided.


Analysis Of The Bank And Corporation Franchise Tax Act, Part Two Of Two, Roger J. Traynor, Frank M. Keesling Jan 1933

Analysis Of The Bank And Corporation Franchise Tax Act, Part Two Of Two, Roger J. Traynor, Frank M. Keesling

Taxation & Traynor

Contents:

The Real Estate Tax Offset is Probably Invalid and Should be Abolished

The Personal Property Tax Offset Should be Abolished

The Present Definition of “Doing Business” is Unsatisfactory

Are Holding Companies Taxable Under the Act?

Are Holding Companies Business Corporations?

Are Nonprofit Corporations Taxable Under the Act?

Stock Dividends; Subscription Rights

Why Discriminate Against Oil Wells?

Corporations Whose First Taxable Year is a Period of Less Than Twelve Months Not Properly Provided For

Consolidated Returns Provision Ambiguous and Probably Invalid

Consolidated Returns Provision Probably Invalid as Applied to National Banks

Section 19

Section 21

Franchise Tax Commissioner Is Without …


Analysis Of The Bank And Corporation Franchise Tax Act, Part One Of Two, Roger J. Traynor, Frank M. Keesling Jan 1933

Analysis Of The Bank And Corporation Franchise Tax Act, Part One Of Two, Roger J. Traynor, Frank M. Keesling

Taxation & Traynor

Contents:

History of State Taxation of Banks and Corporations

Property Tax Offset

Adjustment of Bank Tax Rate

Validity of Proposed Bank Tax

Adjustment of Tax for Fiscal Year Corporations

Massachusetts or Business Trusts

Corporations Taxable Under Act

Exclusions from Gross Income

Deductions From Gross Income

Change of Accounting Period

Commencing Corporations, Corporate Reorganizations, Dissolutions,Withdrawals, Cessation of Business

Consolidated Returns

Basis for Determining Gain or Loss

Basis Where Entire Gain or Loss not Recognized

Installment Payments

Deficiency Assessments

Computation of Offsets

Refunds

Lien of Tax

Recovery of Overpayments


Fundamental Economic And Legal Difficulties With Taxation And Some Suggested Remedies, Charles G. Haglund Jan 1933

Fundamental Economic And Legal Difficulties With Taxation And Some Suggested Remedies, Charles G. Haglund

Kentucky Law Journal

No abstract provided.


The Nature Of Income Tax, Robert C. Brown Jan 1933

The Nature Of Income Tax, Robert C. Brown

Articles by Maurer Faculty

No abstract provided.


The Fifteen Mill Tax Amendment And Its Effect, E. Blythe Stason Jan 1933

The Fifteen Mill Tax Amendment And Its Effect, E. Blythe Stason

Michigan Law Review

This article, dealing with problems arising under the Michigan Tax Limitation Amendment, should be of general interest. The movement to reduce taxes on property is nation-wide, as Mr. Stason says. One form which the movement has taken has been to limit, by constitutional provision, the amount of tax which may be levied on property. Seventeen States already have such limitations and others may be expected to give consideration to like measures