 | 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... | |
 | 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... | |
 | 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... | |
 | 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... | |
 | Robert Hiester Montgomery - 1920 - 1304 pages
...course, subject to tax. (Art. 522.) CORPORATIONS SERVING EXEMPT CORPORATIONS. — LAW. Section 231 (I2) he property of an individual or corporation need not...returns.38 .... (Art. 424.) When a corporation is dis title;54 FEDERAL LAND BANKS. — LAW. Section 231 (13) Federal land banks and national farm-loan associations... | |
 | 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... | |
 | 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... | |
 | George Edwin Holmes - 1917 - 674 pages
...expenses, on the basis of 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... | |
 | 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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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... 
