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" Corporation or association 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... "
War Tax: A Complete Analysis and Explanation of Normal Taxes and Special War ... - Page 9
by Ewell D. Moore - 1917 - 32 pages
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Corporation Accounting

Robert Joseph Bennett - Corporations - 1916 - 594 pages
...sales, less the necessary selling expenses, on the basis of the quantity of produce furnished by them. 12. Corporations or associations organized for the...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1916 - 804 pages
...selling expenses, on the basis of the quantity of produce furnished by such members ; nor to corporations organized for the exclusive purpose of holding title...property, collecting income therefrom and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the provisions...
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The Abridgment 1915: Containing the Annual Message of the President of the ...

United States. Congress. Joint Committee on Printing, United States. President (1913-1921 : Wilson) - Presidents - 1916 - 1044 pages
...selling expenses, on the basis of the quantity of produce furnished by such members; nor to corporations organized for the exclusive purpose of holding title...property, collecting income therefrom and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the provisions...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - Excess profits tax - 1917 - 674 pages
...of produce furnished by them, are exempt. Corporations Owned by Exempt Corporations (twelfth class). Corporations or associations organized for the exclusive...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to organizations which are themselves exempt from the income...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - Excess profits tax - 1917 - 690 pages
...of produce furnished by them, are exempt. Corporations Owned by Exempt Corporations (twelfth class). Corporations or associations organized for the exclusive...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to organizations which are themselves exempt from the income...
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Taxes on Incomes and Excess Profits as Revised and Amended by the War ...

Savings Union Bank and Trust Company - Excess profits tax - 1917 - 88 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...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed...
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War Revenue and Federal Income Tax Laws

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...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed...
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Income Tax Law, Analysis and Comment

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...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed...
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Bench and Bar, Volume 11

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...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed...
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1917 War Tax Guide: The Federal Laws Covering: the Income Tax, Stamp Tax ...

William Kix Miller, Arnold Rudolph Ruprecht Baar, Arnold Rudolph Baar - Income tax - 1917 - 136 pages
...expenses, on the basis of the quantity of produce furnished by them; (12) corporation or association organized for the exclusive purpose of holding title...property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed...
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