...company or assoclaIOB, or insurance company, equivalent to one per centum upon the entire net Income кг and above five thousand dollars received by It from all sources during such year, •elusive of amounts received by It as dividends upon stock of other corporations, fat stock companies...

...annually a special excise tax with respect to the carrying on or doing business by such corporation * * * equivalent to one per centum upon the entire net income over and above $5,000 received by it from all sources during each year, exclusive of amounts received by it as dividends...

...the tax hereby imposed ; or if organized under the laws of any foreign country, upon the amount of net income over and above five thousand dollars received by it from business transacted and capital invested within the United States and its Territories, Alaska, and...

...annually a special excise tax with respect to the carrying on or doing business by such corporation . . . equivalent to one per centum upon the entire net income...thousand dollars received by it from all sources, etc. ' The Act goes on to require the corporations to make periodical reports concerning their business...

...ERA Seligman, The Income Tax, p. 514. for profit, and having a capital stock represented by shares, "upon the entire net income over and above five thousand dollars received by it from all sources during the year."1 The net income was to be determined by deducting from the gross income: necessary expenses...

...on or doing business by such corporation, joint stock. company or association, or insurance company, equivalent to one per centum upon the entire net income...received by it from all sources during such year. . . . Mr. Pierson says, in substance, that he concedes that the foregoing tax is an excise tax ; that...

...the tax hereby imposed ; or if organized under the laws of any foreign country, upon the amount of net income over and above five thousand dollars received by it from business transacted and capital invested within the United States and its Territories, Alaska, and...

...subject to pay annually a special excise tax with respect to the carrying on or doing business, * * * equivalent to one per centum upon the entire net income...thousand dollars received by it from all sources; * * * or if organized under the laws of any foreign country, * * * from business transacted and capital...

...subject to pay annually a special excise tax with respect to the carrying on or doing business, * * * equivalent to one per centum upon the entire net income...thousand dollars received by it from all sources; * * * or if organized under the laws of any foreign country, * * * from business transacted and capital...

...on or doing business by such corporation, joint stock company or association, or insurance company, equivalent to one per centum upon the entire net income...corporations, joint stock companies or associations, or insurance companies, subject to the tax hereby imposed ; or if organized under the laws of any foreign...