Welfare and Pension Plans Investigation: Hearings Before a Subcommittee of the Committee on Labor and Public Welfare, United States Senate, Eighty-fourth Congress, First Session, Pursuant to S. Re. 40, Continuing the Authority of the Committee on Labor and Public Welfare to Investigate Employee Welfare and Pension Plans and Funds Subject to Collective Bargaining, Part 3U.S. Government Printing Office, 1956 - 1633 pages |
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Common terms and phrases
administrative fees Agency agent agreement amount assets audit BALDERSTON bargaining benefits Board broker C. J. Simons Chairman claims CLINE collective bargaining commission committee Common Trust Fund Continental Assurance contributions corporation correct cost COTTER coverage CROLAND Dash & Love director dividends DORIA DYKES employees exemption expenses Federal Reserve Act Federal Reserve System fiduciary figures filed group insurance hospital Inciso income insurance company Internal Revenue Code Internal Revenue Service KNOBLOCK Labor letter MARTINEAU ment Mortgage Investment Fund national bank ODDO operation paid payments pension funds pension plans percent policyholder premium private plans question RANDALL received records RINKER salary SCHULTZ securities Senator ALLOTT Senator DOUGLAS Senator IVES service fee statement subcommittee subpena Suss tion trust instruments TURNER union Washington National welfare and pension welfare fund Workers York ZALK
Popular passages
Page 1103 - DC, then and there to testify what you may know relative to the subject matters under consideration by said Committee.
Page 944 - Act of 1933 and the Trust Indenture Act of 1939, and certain filings under the Securities Exchange Act of 1934 and the Investment Company Act of 1940...
Page 881 - common trust fund" means a fund maintained by a bank (as defined in section 104) — (1) exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian ; and (2) in conformity with the rules and regulations, prevailing from time to time, of the Board of Governors of the Federal Reserve System pertaining to the collective investment of trust funds by national banks. (b) TAXATION OF COMMON TRUST...
Page 886 - INCOME. The net income of the estate or trust shall be computed in the same manner and on the same basis as in the case of an individual...
Page 881 - The place where its operations of discount and deposit are to be carried on, designating the State, Territory, or district, and the particular county and city, town, or village.
Page 886 - ... the Board of Governors of the Federal Reserve System pertaining to the collective investment of trust funds by national banks. (b) Taxation of Common Trust Funds. A common trust fund shall not be subject to taxation under this chapter and for purposes of this chapter shall not be considered a corporation.
Page 839 - TRUST OR ANNUITY PLAN AND COMPENSATION UNDER A DEFERRED-PAYMENT PLAN.
Page 882 - ... (2) after excluding all items of gain and loss from sales or exchanges of capital assets, there shall be computed — (A) an ordinary...
Page 869 - As used in this section the term "investment securities" shall mean marketable obligations, evidencing indebtedness of any person, copartnership, association, or corporation in the form of bonds. notes and/or debentures commonly known as investment securities under such further definition of the term "investment securities" as may by regulation be prescribed by the Comptroller of the Currency.
Page 882 - That every partnership shall make a return for each taxable year, stating specifically the items of its gross income and the deductions allowed by this title, and shall include in the return the names and addresses of the individuals who would be entitled to share in the net income if distributed and the amount of the distributive share of each individual. The return shall be sworn to by any one of the partners.