Judgment Search Results Home > Cases Phrase: income tax act 1961 section 280z tax credit certificates to certain equity shareholders omitted Sorted by: old Page 10 of about 104 results (0.417 seconds)

Springer Vs. United States

Court : US Supreme Court

..... of illinois syllabus 1. certain lands of a. were distrained and sold by reason of his refusal to pay the income tax assessed against him under the act of june 30, 1864, 13 stat. 218, as amended by the act of march 3, 1865, id., 469, he having no goods or chattels known to the proper officers out of ..... the central and controlling question in this case is whether the tax which was levied on the income, gains, and profits of the plaintiff in error, as set forth in the record, and by pretended virtue of the acts of congress and parts of acts therein mentioned, is a direct tax. it is fundamental with respect to the rights of the ..... process of law. 4. direct taxes, within the meaning of the constitution, are only capitation taxes as expressed in that instrument, and taxes on real estate. 5. the duty which the internal revenue acts provided should be assessed, collected, and paid upon gains, profits, and incomes was an excise or duty, and not a direct tax, within the meaning of the constitution .....

Wolff Vs. New Orleans

Court : US Supreme Court

..... the obligations upon which the judgment of the relator was recovered, existing with her organization complete, having officers for the assessment and collection of taxes, there are parties upon whom the courts can act. the courts therefore, treating as invalid and void the legislation abrogating or restricting the power of taxation page 103 u. s. 369 delegated ..... it made no other provision for the ultimate payment of the principal, but provided that a special tax should be levied each year to pay the annual interest. it is contended that only to the stock thus pledged and the income from it were the bondholders to look for the payment of the principal. the same position was ..... urged in united states v. new orleans, on the application by the relator in that case for a mandamus to compel the city authorities to levy a tax to pay judgments recovered upon similar .....

Neal Vs. Delaware

Court : US Supreme Court

..... them requires that persons of the classes to which they severally belong shall have the privilege or be subject to the duty -- whichever it may be -- of acting as jurors in the courts in cases affecting their interests, the mandate of the constitution will produce a most extraordinary change in the administration of the laws of the ..... one ground of limitation upon the qualification of voters; it relates to no other subject. it is, then, to the fourteenth amendment that the advocates of the congressional act must resort to find authority for its enactment, and to the first section of that amendment, which is as follows: "all persons born or naturalized in the united ..... property as is enjoyed by white persons, and shall be subject to like pains, page 103 u. s. 386 penalties, taxes, licenses, and exactions of every kind and no other." we also considered the validity and scope of the act of march 1, 1875, c. 114, which, among other things, declares that "[n]o citizen, possessing all other .....

County of Wilson Vs. National Bank

Court : US Supreme Court

..... the stock subscribed for in installments, and provides the means of payment, as they fall due, by a special tax. the bond of the officer who collects this tax requires him to pay it over to the railroad company. if the purpose of the act had been to authorize the payment of the stock in bonds, the county, after paying in bonds, would ..... not have been required to pay over to the railroad company the railroad tax collected to satisfy the bonds. in other words, the county would not have been required ..... to pay twice for its stock -- once in bonds and once in money. see wells v. supervisors, 102 u. s. 625 . but the act of dec. 16, 1867, to incorporate the lebanon and gallatin .....

Land Company Vs. Saunders

Court : US Supreme Court

..... s location is put down as thirty-five for the year 1810 and at sixty-five for 1820. in the acts for the apportionment of the state tax among the several townships of the state, the pro rata share of hart's location was fixed at eight ..... of their property in a mountainous and almost inaccessible wilderness, without consultation or communication with any other parties and without doing any act or thing that could in the least commit them in relation to such parties. the only line shown to have been the ..... if the original was not used. there can be no doubt, therefore, that when hart's location was referred to in public acts and resolves, whether for the purpose of taking the census, taxation, or political jurisdiction, it was referred to as a defined tract ..... cents on a thousand dollars in 1816; at twelve cents in 1820; at ten cents in 1824; and at eight cents in 1829. by an act approved .....

In Re: the Indian Companies' Act, 1866 and of the Calcutta Jute Mills ...

Court : Kolkata

Reported in : (1880)ILR5Cal888

..... ). this company, under its original articles of association, was held by the court of exchequer to be a 'person residing in the united kingdom,' for the purposes of income tax--calcutta jute mills company v. nicholson (l.r., 1 exch. div., 428); and had those articles been still in force, i do not think it could have been ..... meetings of shareholders must be held in calcutta. the directors are chosen in calcutta, and it appears from the affidavits that the board act here; there being generally only one director in england whose business is that of agency. the property of the company is all in calcutta: the whole of the ..... by its original articles of association the general meetings of shareholders were to be held in england, and they contemplated, i think, that the board of directors should act in england. the manufacturing business has always been carried on in india. in august 1876, now articles of association were substituted for the former ones. under these the .....

Telegraph Company Vs. Texas

Court : US Supreme Court

..... the relation of the states to the general government involving the vital power of taxation reduced to an inquiry into the mere phraseology of the act levying the tax. let it be admitted that the tax is on the message and not on the company. are telegraph messages to be regarded as articles of commerce passing through the state? many ..... the company's quarterly business. in sustaining the tax in state tax on railway gross receipts, 15 wall. 284, the court said: "the tax is not levied until the expiration of each half-year, and until the money received for freights and other sources of income has actually page 105 u. s. 463 come into the company's hands. then it ..... has lost its distinctive character as freight by having become incorporated into the general mass of the company's property." if the tax in this case had been confined to messages between points .....

Hammock Vs. Loan and Trust Co.

Court : US Supreme Court

..... of the proceeds of the decretal sale as was equal to the taxes on real estate paid from the proceeds of the sale of personal property by the collectors. we are of opinion that the statutory provisions in regard to chattel ..... on the part of the mortgagee and those it represented, and that since the personal property was surrendered and the proceeds of its sale applied in discharge of taxes upon the real and personal property and capital stock of the corporation, the court, upon principles of equity, should have appropriated to the judgment creditors so much ..... reach the property page 105 u. s. 94 of the railroad company, and from it, or from the income to be derived therefrom, obtain satisfaction of the judgments against the corporation. whether that suit was or not, under the act of congress, legally removed into the federal court, the entire property, we have seen, passed lawfully into the .....

Louisiana Vs. Pilsbury

Court : US Supreme Court

..... its value, to be ascertained as directed by law. no one species of property shall be taxed higher than another species of property of equal value on which taxes shall be levied; the legislature shall have power to levy an income tax, and to tax all persons pursuing any occupation, trade, or profession." this article has been frequently before the supreme ..... that its object is not sufficiently expressed in its title. page 105 u. s. 290 the second ground of objection to the validity of the act of 1852 is that the tax prescribed is to be levied upon real estate and slaves to the exclusion of personal property, and in each municipality in proportion to its indebtedness, which ..... first of which is that its object is not expressed in its title, as required by article 118 of the constitution of 1845. the title of the act is "an act to consolidate the city of new orleans, and to provide for the government and administration of its affairs." the article of the constitution declares that "every law .....

Giridhari Singh Vs. Maharaja Luchmessur Singh Bahadur

Court : Kolkata

Reported in : 2Ind.Cas.646

..... deny proprietary right of the family of which the maharajah, plaintiff, is the head.9. then are we to hold that the plaintiff is to pay road cess from the income of this zemindari exclusive of this purganna while the grantee holds all the profits and the maharaja none? we think not. the terms of the sanad before us (and ..... explicit he should have produced it) allude to the profits of the perganna as conferred upon the grantee, and if the government has by legislation imposed a cess or tax upon these profits it must come out of the profits. the perganna being still a part of the raj estate the government only deals directly with the recorded holder of ..... defendants or their father. it further alleges that the raj has paid road cess on the villages ever since the introduction of that impost which was imposed under a local act no. x of 1871, bengal council, and that the defendants are justly liable for the amount now claimed.2. the defendant appellant in his written statement raised a question .....