 | Wisconsin - Law - 1922 - 1216 pages
...investment business and employing moneyed capital in competition with the business of national banks ; provided, that bonds, notes or other evidences of...not be deemed moneyed capital within the meaning of this section, and any tax paid under the provisions of said sections 70.31, 70.37, 70.38, 70.39 and... | |
 | National Tax Association - Law - 1922 - 622 pages
...hands of individual citizens of such State coming into competition with the business of national banks: Provided, That bonds, notes, or other evidences of...not be deemed moneyed capital within the meaning of this section. "(c) In case of a tax on the net income of an association, the rate shall not be higher... | |
 | Massachusetts - Session laws - 1923 - 900 pages
...capital in the hands of individual citizens coming into competition with the business of national banks; provided, that bonds, notes or other evidences of...not be deemed moneyed capital, within the meaning of this section. The persons appearing from the books of banks to be owners of shares at the close of... | |
 | New York (State) - Session laws - 1923 - 1166 pages
...other moneyed capital shall be taxed locally for state or local purposes as prescribed by this chapter, provided that bonds, notes, or other evidences of...not be deemed moneyed capital within the meaning of this section. This exemption shall be in addition to all other exemp1 The amendments effected by this... | |
 | Minnesota Tax Commission (1907-1939) - Taxation - 1924 - 408 pages
...hands of individual citizens of this state coming into competition with the business of national banks; provided, that bonds, notes or other evidences of...not be deemed moneyed capital within the meaning of this section." Approved March 28, 1923. Amendments Have not Impaired "Money and Credit"' Tax That these... | |
 | National Tax Association - Local taxation - 1924 - 504 pages
...comprehended within the language of the old statute. The amended statute, however, contains a proviso that " bonds, notes or other evidences of indebtedness...not be deemed moneyed capital within the meaning of this section." This proviso is entirely new and is the foundation of the hope of the states for the... | |
 | New York (State). Legislature - New York (State) - 1924 - 1250 pages
...individual citizens who are not employed or engaged in the banking or investment business as above defined and representing merely personal investments (not...not be deemed moneyed capital within the meaning of this section. (c) In case of a tax on the net income of an association, the rate shall not be higher... | |
 | United States. Supreme Court - Courts - 1926 - 688 pages
...such State coming into competition with the business of Opinion of the Court. 269 US national banks: Provided, That bonds, notes, or other evidences of...not be deemed moneyed capital within the meaning of this section." The defendants say that this reenactment was intended as a legislative interpretation... | |
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... (b) In the case of a tax on said shares the tax imposed shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State coming into competition with the business of national banks: Provided,... 
