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" ... stock, if the dividend rate of such stock is fixed at not to exceed the legal rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was issued, and if... "
The Code of Federal Regulations of the United States of America - Page 24
1974
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Report of the Joint Committee on Internal Revenue Taxation, Volumes 1-3

United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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The Legal Status of Agricultural Co-operation

Edwin Griswold Nourse - 1927 - 598 pages
...consideration for which the stock was issued, and if substantially all such stock (other than non-voting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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Federal Income Taxes, 1927

Eric Louis Kohler - 1927 - 618 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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Comparison of the Revenue Acts of 1926 and 1928: With Index

United States - 1928 - 268 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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United States Code Annotated

United States - 1928 - 1164 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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Income Tax Procedure ...

Robert Hiester Montgomery - 1927 - 1510 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred, stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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Bulletin, Issues 1-11

United States. Federal Farm Board - 1930 - 678 pages
...Is fixed at not to exceed the legal rat? of interest In the State of incorporation, or 8 per centum per annum, whichever Is greater, on the value of the...participate, directly or Indirectly, in the profits of the association, upon ' ! 1 J V. 1 8! TYPES OF COOPERATIVE DAIRY ORGANIZATIONS There are many types of...
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Regulations 74 Relating to the Income Tax Under the Revenue Act of 1928

United States. Internal Revenue Service - 1931 - 502 pages
...consideration for which the stock was issued, and if substantially all such stock (other than non voting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by produeers who market...
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Regulations 77 Relating to the Income Tax Under the Revenue Act of 1932

United States. Bureau of Internal Revenue - 1933 - 452 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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Circular A.

United States. Farm Credit Administration - 1938 - 1970 pages
...consideration for which the stock was issued, and if substantially all such stock (other than nonvoting preferred stock, the owners of which are not entitled...participate, directly or indirectly, in the profits of the association, upon dissolution or otherwise, beyond the fixed dividends) is owned by producers who market...
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