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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 chapter... "
Individual Income Tax Provisions of the Internal Revenue Code: Applicable to ... - Page 229
by United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 312 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...which 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...
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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...which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farmloan associations as provided in section...
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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...which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section...
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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...which 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...
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The Income Tax Under United States and Massachusetts Law

Frank A. North - 1917 - 164 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...which itself is exempt from the tax imposed by this title ; or Thirteenth. Federal land banks and national farmloan associations as provided in section...
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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...which itself is exempt from the tax imposed by this title; or "Thirteenth. Federal land banks and national farm-loan associations as provided in section...
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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...which itself is exempt from the tax imposed by this title; or Thirteenth — Federal land banks and national farm-loan associations as provided in section...
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Income Tax Law, Analysis and Comment

Harris, Forbes & Co., New York - 1917 - 170 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...which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section...
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