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" 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 9
by Guaranty Trust Company of New York - 1919 - 30 pages
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Income Tax Procedure ...

Robert Hiester Montgomery - 1919 - 1016 pages
...CORPORATIONS.— LAW. Section 231 (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; FEDERAL LAND BANKS.— LAW. Section 231 (13) Federal land banks and national farm-loan associations...
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Income Tax Procedure ...

Robert Hiester Montgomery - 1925 - 1928 pages
...CORPORATIONS. — LAW. Section 231 (is) 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 title;113 .... FEDERAL LAND BANKS. — LAW. Section 231 (13) Federal land banks and national farm-loan...
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Income Tax Procedure ...

Robert Hiester Montgomery - 1927 - 1510 pages
...CORPORATIONS SERVING EXEMPT CORPORATIONS. — LAW. Section 231 (13) Corporations organized for the from, and turning over the entire amount thereof, less expenses,...itself is exempt from the tax imposed by this title; and .... An association formed to acquire and hold a building, which was purchased with funds provided...
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Reports of the U.S. Board of Tax Appeals, Volume 18

United States. Board of Tax Appeals - 1930 - 1460 pages
...recreational purposes ; ******* (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; * • •. The petitioner contends that it is entitled to exemption as a corporation organized and...
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Regulations 74 Relating to the Income Tax Under the Revenue Act of 1928

United States. Internal Revenue Service - 1931 - 502 pages
...for any necessary purpose; (14) 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 ; (15) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,...
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Regulations 77 Relating to the Income Tax Under the Revenue Act of 1932

United States. Bureau of Internal Revenue - 1933 - 452 pages
...Corporations organized for the exclusive purpose of holding title to property, collecting income tterefrom, and turning over the entire amount thereof, less expenses,...itself is exempt from the tax imposed by this title; (15) Federal land banks, national farm-loan associations, and Federal intermediate credit banks, as...
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Regulations 64 Relating to the Capital Stock Tax Under Section 701 of the ...

United States. Bureau of Internal Revenue - 1934 - 76 pages
...for any necessary purpose; (14) 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; (15) Corporations organized under Act of Congress, if such corporations are instrumentalities of the...
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Regulations 86 Relating to the Income Tax Under the Revenue Act of 1934

United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...taxation under this title—] (14) 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 ; 153 as amended anil supplemented, such corporations are exempt from Federal income taxes; (16) Voluntary...
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Regulations 94 Relating to the Income Tax Under the Revenue Act of 1936

United States. Internal Revenue Service - 1936 - 604 pages
...taxation under this title—] (14) 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 ; (15) Corporations organized under Act of Congress, if such corporations are instrumentalities of...
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Comparison of the Revenue Acts of 1934 and 1936

United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...for any necessary purpose ; (14) 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 ; (15) Corporations organized under Act of Congress, if such corporations are instrumentalities of...
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