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activity Administration agreement amount associations average basis Board building Bureau capital census cents per pound changes chart cited cities classes Commerce Committee companies compared consolidated construction consumer consumer funds absorbed contractors corporations cost Department distribution dividends and interest dollars Domestic production duty Economic effect effort employment equivalent estimates exports fact Federal figures finance Free glass Government gypsum housing imports included income income taxes increase indicate individual Industrial concentration labor largest companies less loan lower manufacturing materials ment mining operating paid pay rolls payments percent ad valorem percentage performance period Present probably profits ratio Recent reduction relatively reported represents Research restrictive result retail returns shown shows social Source Statistics status substantial supplies tariff tion Total number trade types United valorem rate wages Wholesale
Page 48 - ... dividends upon stock of other corporations, joint stock companies or associations, or insurance companies, subject to the tax...
Page 38 - For the purpose of this section two or more domestic corporations shall be deemed to be affiliated (1) if one corporation owns directly or controls through closely affiliated interests or by a nominee or nominees substantially all the stock of the other or others, or (2) if substantially all the stock of two or more corporations is owned or controlled by the same interests.
Page 70 - A distribution made by a corporation to its shareholders in its stock or in rights to acquire its stock shall not be treated as a dividend to the extent that it does not constitute income to the shareholder within the meaning of the Sixteenth Amendment to the Constitution.
Page 11 - In recent years a good deal of attention has been given to the problem of producing fresh from salt water.
Page 125 - P) if such corporation, however created or organized, is formed or availed of for the purpose of preventing the imposition of the surtax upon its shareholders or the shareholders of any other corporation, through the medium of permitting earnings or profits to accumulate instead of being divided or distributed...
Page 221 - To make a full and complete study and investigation with respect to the matters referred to in the President's message of April 29, 1938, on monopoly and the concentration of economic power in and financial control over production and distribution of goods and services...
Page 38 - affiliated group" means one or more chains of corporations connected through stock ownership with a common parent corporation if — (1) At least 95 per centum of the stock of each of the corporations (except the common parent corporation) is owned directly by one or more of the other corporations ; and (2) The common parent corporation owns directly at least...
Page 211 - No matter what th.4 official capacity of the witness or author may be, the publication of his testimony, report, or monograph by the Committee in no way signifies nor implies assent to, or approval of, any of the facts, opinions, or recommendations, nor acceptance thereof in whole or in part by the members of the Temporary National Economic Committee, individually or collectively. Sole and undivided responsibility for every statement in such testimony, reports, or monographs rests entirely upon the...
Page 38 - Where such branches or units of a business are owned and controlled through the medium of separate corporations, it is necessary to require a consolidated return in order that the invested capital and net income of the entire group may be accurately determined. Otherwise opportunity would be afforded for the evasion of taxation by the shifting of income through price fixing, charges for services and other means by which income could be arbitrarily assigned to one or another unit of the group. In...