| United States - Law - 1965 - 1110 pages
...issued on discount basis. In the case of any obligation — (1) of the United States; or (2) of a State, a Territory, or a possession of the United States,...any political subdivision of any of the foregoing, or of the District of Columbia, Page 5130 year from the date of issue, the amount of discount at which... | |
| United States. Tax Court - Law reports, digests, etc - 1967 - 786 pages
...(a) GENERAL RULE. — Gross Income does not Include Interest on — (1) the obligations of a State, a Territory, or a possession of the United States,...any political subdivision of any of the foregoing, or of the District of Columbia ; (2) the obligations of the United States ; or (8) the obligations... | |
| Administrative law - 2005 - 798 pages
...on the installment basis. AUTHORITY: 26 USC 7805. US 13.0-13.3 [Reserved] § 13.4 Arbitrage bonde; temporary rules. (a) In general — (1) Arbitrage...District of Columbia, a Territory, or a possession of the Internal Revenue Service, Treasury United States, or any political subdivision of any of the foregoing.... | |
| Administrative law - 1994 - 696 pages
...materially higher (taking into account any discount or premium) than the yield on such issue, or (11) reasonably expected to be used to replace funds which...any political subdivision of any of the foregoing. (11) For purposes of this section, the term "securities" has the same meaning as in section 16S(g)(2)... | |
| Administrative law - 1970 - 750 pages
...obligations—(a) General rule. Gross income does not include interest on— (1) The obligations o{ a State, a Territory, or a possession of the United States,...any political subdivision of any of the foregoing, or of the District of Columbia; (2) The obligations of the United States; or (3) The obligations of... | |
| Administrative law - 1971 - 1474 pages
...— (a) General rule. Gross Income does not include Interest on — (1) The obligations of a State, a Territory, or a possession of the United States,...any political subdivision of any of the foregoing, or of the District of Columbia; (2) The obligations of the United States; or (3) The obligations of... | |
| Administrative law - 1960 - 1764 pages
...— (a) General rule. Gross income does not Include interest on — (1) The obligations or a State, a Territory, or a possession of the United States,...any political subdivision of any of the foregoing, or of the District of Columbia; (2) The obligations of the United States; or (3) The obligations of... | |
| Administrative law - 1995 - 986 pages
...Government obligations — (1) Wholly tea-exempt Interest. Interest upon the obligations of a State, Territory, or a possession of the United States, or...any political subdivision of any of the foregoing, or of the District of Columbia, is wholly exempt from tax. Interest on certain United States obligations... | |
| Administrative law - 1997 - 1110 pages
...Government obligations — (1) Wholly tax-exempt interest. Interest upon the obligations of a State, Territory, or a possession of the United States, or...any political subdivision of any of the foregoing, or of the District of Columbia, is wholly exempt from tax. Interest on certain United States obligations... | |
| Administrative law - 1978 - 838 pages
...on Government obligations—il) Wholly tax-exempt interest Interest upon the obligations of a State, Territory, or a possession of the United States, or...any political subdivision of any of the foregoing, or of the District of Columbia, is wholly exempt from tax. Interest on certain United States obligations... | |
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