| Eric Louis Kohler - Income tax - 1927 - 618 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| Edwin Griswold Nourse - Agricultural laws and legislation - 1927 - 598 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the state of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...to them at actual cost plus necessary expenses. Exemption will not be denied any such associations because it has capital stock, if the dividend rate of such stock is fixed at not to exceed the lepal rate of interest in the State of incorporation or 8 per cent per annum, whichever is greater,... | |
| United States - Finance - 1928 - 268 pages
...purchases; (131 Corporations organized by an association exempt under the provisions of paragraph (12), or members thereof, for the purpose of financing the...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States - Law - 1928 - 1164 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| Robert Hiester Montgomery - Excess profits tax - 1927 - 592 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| Robert Hiester Montgomery - Excess profits tax - 1927 - 1510 pages
...not exempt. An association which has capital stock will not for such reason be denied exemption, (i) if the dividend rate of such stock is fixed at not...rate of interest in the State of incorporation or 8 per cent per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States. Federal Farm Board - Agriculture - 1930 - 678 pages
...purchases. "(13) Corporations organized by an association exempt under the provisions of paragraph (12), or members thereof, for the purpose of financing the...and operated in conjunction with such association. Exeaiption shall not lie denied any such corporation because it has capital stock, if tho dividend... | |
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