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" The value of property acquired by gift, bequest, devise, or descent (but the income from such property shall be included in gross income) ; (4) Interest upon (a) the obligations of a State, Territory, or any political subdivision thereof, or the District... "
Digest of the Federal Revenue Act of 1921: For Income and Excess Profits ... - Page 34
by National City Company - 1921 - 99 pages
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Cases Decided in the Court of Claims of the United States, Volume 107

United States. Court of Claims - 1947 - 806 pages
...that the Joint Stock Land Bank bonds in question are obligations of the United States by reason of the provisions of the Federal Farm Loan Act of July 17, 1916 (39 Stat. 360, 12 USC 641, et seq.) , and the facts and circumstances under which they were issued...
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Statutes of the United States of America

United States - 1917 - 706 pages
...State or any political subdivision thereof or upon the obligations of the tlonsUnited States (but, in the case of obligations of the United States ' ' '"' ' issued after September first, nineteen hundred and seventeen, only if and to the extent provided in the Act authorizing the...
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Income Tax Law: Analysis and Comment

Harris, Forbes & Co., New York - 1916 - 140 pages
...subdivision thereof or upon the THE INCOME TAX obligations of the United States or its possessions or securities issued under the provisions of the Federal farm loan Act of July seventeenth, nineteen hundred and sixteen; the compensation, of the present President of the United...
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Income Tax Procedure

Robert Hiester Montgomery - 1920 - 1304 pages
...obligations of a State, Territory, or any political subdivision thereof, or the District of Columbia;40 q P> ;41 or (c) the obligations of the United States or ^[Former Procedure] The 1913 law covered this point...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - 1917 - 674 pages
...only if and to the extent provided in the act authorizing the issue thereof) or its possessions or securities issued under the provisions of the Federal Farm Loan Act of July 17, 1916.41 A more complete discussion of this class of income is contained in the several chapters dealing...
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Income Tax Primer

United States. Office of internal revenue - 1917 - 36 pages
...authorizing their issue. (e) Interest upon the obligations of any possession of the United States, or securities issued under the provisions of the Federal Farm Loan Act of July 17, 1917. (f) The compensation of the present President of the United States during the term for which...
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The Income Tax Under United States and Massachusetts Law

Frank A. North - 1917 - 164 pages
...any political subdivision thereof or upon the obligations of the United States or its possessions or securities issued under the provisions of the Federal farm loan Act of July seventeenth, nineteen hundred and sixteen; the compensation of the present President of the United...
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Taxes on Incomes and Excess Profits as Revised and Amended by the War ...

Savings Union Bank and Trust Company - 1917 - 88 pages
...only if and to the extent provided in the Act authorizing the issue thereof) or its possessions or securities issued under the provisions of the Federal Farm Loan Act of July seventeenth, nineteen hundred and sixteen; the compensation of the present President of the United...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 182 pages
...only if and to the extent provided in the act authorizing the issue thereof) or its possessions or securities issued under the provisions of the Federal Farm Loan Act of July seventeenth, nineteen hundred and sixteen; the compensation of the present President of the United...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 180 pages
...provided in the ^"hori^tn1^ Act act authorizing the issue thereof) or its posses- tnelr Usue sions or securities issued under the provisions of the Federal Farm Loan Act of July seventeenth, nineteen hundred and sixteen; the compensation of the present President of the United...
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