 | United States. Farm Credit Administration - 1938 - 1970 pages
...are neither members nor producers does not exceed 15 per centum of the value of all its purchases. Business done for the United States or any of its...determining the right to exemption under this paragraph (52 Stat. 480, title 26 USC sec. 103, par. 12). In order for a cooperative association of producers... | |
 | United States. Bureau of Internal Revenue - 1934 - 76 pages
...supplies and equipment is exempt if as to each of its functions it meets the requirements of the Act. Business done for the United States or any of its...disregarded in determining the right to exemption under section 101 (12) and this article. (o) Corporations organized by farmers' cooperative marketing or... | |
 | United States. Congress. House. Committee on Appropriations - 1934 - 488 pages
...1934. By reference to that section, it will be observed that the last sentence thereof provides that "business done for the United States or any of its...disregarded in determining the right to exemption" under that paragraph. Consequently, the amendment which I have suggested would not in any way affect the... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...supplies and equipment is exempt if as to each of its functions it meets the requirements of the Act. Business done for the United States or any of its...disregarded in determining the right to exemption under section 101 (12) and this article. An association to be entitled to exemption must not only be organized... | |
 | United States. Internal Revenue Service - 1936 - 68 pages
...are neither members nor producers does not exceed 15 per centum of the value of all its purchases. Business done for the United States or any of its...determining the right to exemption under this paragraph ; SEC. 101— Continued. elation. Exemption shall not be denied any such corporation because it has... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...are neither members nor producers does not exceed 15 per centum of the value of all its purchases. Business done for the United States or any of its...determining the right to exemption under this paragraph ; (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...supplies and equipment is exempt if as to each of its functions it meets the requirements of the Act. Business done for the United States or any of its...disregarded in determining the right to exemption under section 101(12) and this article. An association to be entitled to exemption must not only be organized... | |
 | United States - 1939 - 780 pages
...are neither members nor producers does not exceed 15 per centum of the value of all its purchases. Business done for the United States or any of its...determining the right to exemption under this paragraph ; (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...are neither members nor producers does not exceed 15 per centum of the value of all its purchases. Business done for the United States or any of its...determining the right to exemption under this paragraph ; (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...are neither members nor producers does not exceed 15 per centum of the value of all its purchases. Business done for the United States or any of its...determining the right to exemption under this paragraph ; (13) Corporations organized by an association exempt under the provisions of paragraph (12), or members... | |
| |
... in an amount the value of which does not exceed the value of the supplies and equipment purchased for members, provided the value of the purchases made for persons who are neither members nor producers does not exceed 15 per centum of the value of... 
