 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 62by Robert Hiester Montgomery - 1923Full view - About this book
 | United States. Department of the Treasury - Finance, Public - 1916 - 804 pages
...necessary selling expenses, on the basis of the quantity of produce furnished by such members ; nor to 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 provisions of this act; nor to any... | |
 | Robert Joseph Bennett - Corporations - 1916 - 602 pages
...expenses, on the basis of the quantity of produce furnished by them. 12. Corporations or associations 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. 13. Federal... | |
 | George Edwin Holmes - Excess profits tax - 1917 - 690 pages
...expenses, on the basis of quantity of produce furnished by them; Twelfth. 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; or Thirteenth.... | |
 | Harris, Forbes & Co., New York - Income tax - 1917 - 170 pages
...expenses, on the basis of the quantity of produce furnished by them; Twelfth. 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; or Thirteenth.... | |
 | George Edwin Holmes - Excess profits tax - 1917 - 674 pages
...are exempt. Corporations Owned by Exempt Corporations (twelfth class). Corporations or associations organized for the exclusive purpose of holding title...therefrom, and turning over the entire amount thereof, less expenses, to organizations which are themselves exempt from the income tax are also exempt. Such... | |
 | National Bank of Commerce in New York - Income tax - 1917 - 180 pages
...expenses, on the basis of the quantity of produce furnished by them; Twelfth. 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; or Thirteenth.... | |
 | Frank A. North - Income tax - 1917 - 164 pages
...expenses, on the basis of the quantity of produce furnished by them ; Twelfth. 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 ; or Thirteenth.... | |
 | Joseph Jay Scott - Electronic books - 1917 - 386 pages
...on the basis of the quantity of produce furnished by them; 170 Twelfth. 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; or 171... | |
 | Law - 1917 - 596 pages
...expenses, on the basis of the quantity of produce furnished by them ; "Twelfth. 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; or "Thirteenth.... | |
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