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... Canada; Economic Position and Plans for Development - Page 9by Guaranty Trust Company of New York - 1919 - 30 pagesFull view - About this book
| Irving Bank-Columbia Trust Company - 1925 - 152 pages
...plus necessary expenses; (12) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; and (13) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
| Colorado - 1925 - 676 pages
...said state, Farm Loan Bonds issued by any joint stock land bank organized under an Act of Congress approved July 17, 1916, entitled An Act "To provide capital for agricultural development, to create a standard form of investment based upon farm mortgage, to equalize rates of interest upon farm loans,... | |
| Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...plus necessary expenses; ( 12) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; and (13) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
| John Augustus Lapp, Dorothy Ketcham - 1926 - 600 pages
...stockholder or individual. Subd. 11, Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...which itself is exempt from the tax imposed by this act.6 § 162. ARIZONA: Constitution. There shall be exempt from taxation all federal, state, county,... | |
| 1927 - 1146 pages
...the act of 1918: "Corporation or association organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title." The act of 1918 not only continued the former exemptions and added the additional exemption up to 15... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...value of all its purchases ; (13) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; and (14) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
| Eric Louis Kohler - 1927 - 618 pages
...value of all its purchases; ( 13 ) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; and (14) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
| Harrison B. Spaulding - 1927 - 336 pages
...plus necessary expenses.1 13. Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...to an organization which itself is exempt from the income tax. 14. Federal land banks, national farm loan associations, and federal intermediate credit... | |
| United States - 1928 - 268 pages
...value of all its purchases; (13) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; and (14) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
| United States - 1928 - 1164 pages
...property, and so forth. — (12) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title ; and "Federal land banks; national farm loan associations, and so forth. — (13) Federal land banks,... | |
| |