 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 title...  Income Tax Procedure ... - Page 66by Robert Hiester Montgomery - 1925Full view - About this book
 | 1927 - 1146 pages
...from income taxes, which I quote from section 231 (12) of the act of 1918: "Corporation or association organized for the exclusive purpose of holding title...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title." The act... | |
 | United States - 1928 - 1164 pages
...of the value of all its purchases ; Corporations for holding title to property, and so forth. (13) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title; and Federal... | |
 | United States - 1928 - 268 pages
...maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose; (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title; (15) Federal... | |
 | United States. Board of Tax Appeals - 1930 - 1460 pages
...of which are devoted exclusively to charitable, educational, or recreational purposes ; ******* (13) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax Imposed by this title; * •... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose; (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title ; (15)... | |
 | United States. Bureau of Internal Revenue - 1934 - 76 pages
...maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose; (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title; (15) Corporations... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...CORPORATIONS.] [The following organizations shall be exempt from taxation under this title—] (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title ; 153 as... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose ; (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title ; (15)... | |
 | United States. Internal Revenue Service - 1936 - 68 pages
...maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose; (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title ; (15)... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...CORPORATIONS.] [The following organizations shall be exempt from taxation under this title—] (14) Corporations organized for the exclusive purpose of...therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this title ; (15)... | |
| |
