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" Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title... "
Comparison of the Revenue Acts of 1926 and 1928: With Index - Page 43
by United States - 1928 - 247 pages
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Corporation Accounting

Robert Joseph Bennett - 1916 - 602 pages
...expenses, on the basis of the quantity of produce furnished by them. 12. Corporations or associations organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title. 13. Federal land banks and national farm-loan associations. 14. Joint-stock land banks as to income...
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The Abridgment 1915: Containing the Annual Message of the President of the ...

United States. Congress. Joint Committee on Printing, United States. President (1913-1921 : Wilson) - 1916 - 1044 pages
...necessary selling expenses, on the basis of the quantity of produce furnished by such members; nor to corporations organized for the exclusive purpose of...to an organization which itself is exempt from the provisions of this act; nor to any other corporation, joint-stock company, association, or insurance...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1916 - 804 pages
...necessary selling expenses, on the basis of the quantity of produce furnished by such members ; nor to corporations organized for the exclusive purpose of...to an organization which itself is exempt from the provisions of this act; nor to any other corporation, joint-stock company, association, or insurance...
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Income Tax Law: Analysis and Comment

Harris, Forbes & Co., New York - 1916 - 140 pages
...Twelfth. Corporation or association organized for the exclusive purpose of holding title to property, [90] collecting income therefrom, and turning over the...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farmloan associations as provided in section twenty-six...
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Taxes on Incomes and Excess Profits as Revised and Amended by the War ...

Savings Union Bank and Trust Company - 1917 - 88 pages
...expenses, on the basis of the quantity of produce furnished by them; Twelfth. Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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Bench and Bar, Volume 11

1917 - 596 pages
...expenses, on the basis of the quantity of produce furnished by them ; "Twelfth. Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or "Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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1917 War Tax Guide: The Federal Laws Covering: the Income Tax, Stamp Tax ...

William Kix Miller, Arnold Rudolph Ruprecht Baar, Arnold Rudolph Baar - 1917 - 136 pages
...expenses, on the basis of the quantity of produce furnished by them; (12) corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or (13) federal land banks and national farm-loan associations as provided in section twenty-six of...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 180 pages
...expenses, on the basis of the quantity of produce furnished by them; Twelfth. Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 182 pages
...expenses, on the basis of the quantity of produce furnished by them; Twelfth. Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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Income Tax: Law and Accounting

Godfrey Nicholas Nelson - 1917 - 218 pages
...expenses, on the basis of the quantity of produce furnished by them; Twelfth — Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or Thirteenth — Federal land banks and national farm-loan associations as provided in section twenty-six...
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