 | Philippines - Internal revenue law - 1921 - 124 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...which itself is exempt from the tax imposed by this law ; or Thirteenth. Joint-stock land bank as to income derived from bonds or debentures of other joint-stock... | |
 | United States - Law - 1921 - 642 pages
...Trustees for exempt(12) Corporations organized for the exclusive purpose of holding ed organizations. title to property, collecting income therefrom, and...itself is exempt from the tax imposed by this title; Federal land banks, (13) Federal land banks and national farm-loan associations as ^nfsarm loan a380Ci"... | |
 | Emerson Emanuel Rossmoore - Income tax - 1922 - 592 pages
...over such supplies and equipment to such members at actual cost, plus necessary expenses; 118 (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title ; (13) Federal land banks and national farm-loan associations 114 as provided in section 26 of the... | |
 | United States. Congress. House. Committee on Ways and Means - Finance - 1923 - 256 pages
...less the necessary selling expenses, on the basis of the quantity of produce furnished bv them; (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title; (13) Federal land banks and national farm-loan associations as provided in section 26 of the act approved... | |
 | Irving Bank. Columbia Trust Company - Income tax - 1923 - 148 pages
...turning over such supplies and equipment to such members at actual cost, plus necessary expenses; (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title; (13) Federal land banks and national farm-loan associations as provided in section 26 of the Act approved... | |
 | Eric Louis Kohler - Accounting - 1924 - 514 pages
...turning over such supplies and equipment to such members at actual cost, plus necessary expenses; (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title; as provided in section 26 of the Act approved July 17, 1916, entitled "An Act to provide capital for... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...turning over such supplies and equipment to such members at actual cost, plus necessary expenses ; (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title : and (13) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...turning over such supplies and equipment to such members at actual cost, plus necessary expenses; (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title; and (13) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...turning over such supplies and equipment to such members at actual cost, plus necessary expenses ; (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title; and (13) Federal land banks, national farm-loan associations, and Federal intermediate credit banks,... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...of section 262240 the computation shall also be made in the manner provided in section 217.241 (12) Corporations organized for the exclusive purpose of...itself is exempt from the tax imposed by this title ; (13) Federal land banks and national farm-loan associations as provided in section 26 of the act... | |
| |
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... 
