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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... "
The Code of Federal Regulations of the United States of America Having ... - Page 233
1939
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Corporation Accounting

Robert Joseph Bennett - Corporations - 1916 - 563 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...itself is exempt from the tax imposed by this title. 13. Federal land banks and national farm-loan associations. 14. Joint-stock land banks as to income...
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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
...necessary selling expenses, on the basis of the quantity of produce furnished by such members ; nor to corporations organized for the exclusive purpose of...to an organization which itself is exempt from the provisions of this act; nor to any other corporation, joint-stock company, association, or insurance...
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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 - 1902 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...to an organization which itself is exempt from the provisions of this act; nor to any other corporation, joint-stock company, association, or insurance...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - Excess profits tax - 1917 - 658 pages
...expenses, on the basis of quantity of produce furnished by them; Twelfth. Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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War Revenue and Federal Income Tax Laws

Bank of Commerce in 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...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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Income Tax: Law and Accounting

Godfrey Nicholas Nelson - Accounting - 1917 - 205 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...itself is exempt from the tax imposed by this title; or Thirteenth — Federal land banks and national farm-loan associations as provided in section twenty-six...
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1917 War Tax Guide: The Federal Laws Covering: the Income Tax, Stamp Tax ...

William Kix Miller, Arnold Rudolph Ruprecht Baar - Income tax - 1917 - 113 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...itself is exempt from the tax imposed by this title; or (13) federal land banks and national farm-loan associations as provided in section twenty-six of...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - Excess profits tax - 1917 - 658 pages
...expenses, on the basis of quantity of produce furnished by them; Twelfth. Corporation or association organized for the exclusive purpose of holding title...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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Taxes on Incomes and Excess Profits as Revised and Amended by the War ...

Savings Union Bank and Trust Company - 1917 - 78 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...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...
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The Income Tax Under United States and Massachusetts Law

Frank A. North - Income tax - 1917 - 155 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...itself is exempt from the tax imposed by this title ; or Thirteenth. Federal land banks and national farmloan associations as provided in section twenty-six...
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