 | Prentice-Hall Inc - 1919 - 640 pages
...not receive any dividend or other return upon their shares. , fl756. Art. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | George Edwin Holmes - 1919 - 1052 pages
...the net income of which inures to the benefit of any private stockholder or individual are exempt. A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | United States. Bureau of Internal Revenue - 1920 - 346 pages
...shareholders shall not receive any dividend or other return upon their shares. ART. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | United States. Internal Revenue Service - 1921 - 348 pages
...shareholders shall not receive any dividend or other return upon their shares. ART. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...shareholders shall not receive any dividend or other return upon their shares. ART. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...ordered. Regulations 65. ART. 518. Business leagues, chambers of commerce, and boards of trade. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | Robert Hiester Montgomery - 1925 - 1928 pages
...common business interest, which limits its activities to work for >ach common interest and does not engage in a regular business of a kind ordinarily carried on for profit. Its work need not be similar to that of a chamber of commerce or board of trade. If it engages in a... | |
 | Robert Hiester Montgomery - 1920 - 1320 pages
...net earnings of which inures to the benefit of any private stockholder or individual ; REGULATION. A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
 | Robert Hiester Montgomery - 1923 - 1760 pages
...work need not be similar to that of a chamber of commerce or board of trade. The fact that it engages in a regular business of a kind ordinarily carried on for profit but on a cooperative basis or so as to produce only sufficient income to be self-sustaining, is not... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...from the performance of particular services for individual persons. An organization whose purpose is to engage in a regular business of a kind ordinarily carried on for profit, even though the business is conducted on a cooperative basis or produces only sufficient income to... | |
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... not to engage in a regular business of a kind ordinarily carried on for profit. 1t is an organization of the same general class as a chamber of commerce or board of trade. Thus, its activities should be directed to the improvement of business conditions... 
