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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 - Page 12
1974
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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
...necessary selling expenses, on the basis of the quantity of produce furnished by such members ; nor to corporations organized for the exclusive purpose of...expenses, to an organization which itself is exempt from the provisions of this act; nor to any other corporation, joint-stock company, association, or...
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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
...necessary selling expenses, on the basis of the quantity of produce furnished by such members; nor to corporations organized for the exclusive purpose of...expenses, to an organization which itself is exempt from the provisions of this act; nor to any other corporation, joint-stock company, association, or...
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Corporation Accounting

Robert Joseph Bennett - Corporations - 1916 - 602 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...expenses, to an organization which itself is exempt from the tax imposed by this title. 13. Federal land banks and national farm-loan associations. 14....
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The Income Tax Under United States and Massachusetts Law

Frank A. North - Income tax - 1917 - 164 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...expenses, to an organization which itself is exempt from the tax imposed by this title ; or Thirteenth. Federal land banks and national farmloan associations...
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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...expenses, to an organization which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - Income tax - 1917 - 182 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...expenses, to an organization which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations...
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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...expenses, to an organization which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations...
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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...expenses, to an organization which itself is exempt from the tax imposed by this title; or "Thirteenth. Federal land banks and national farm-loan associations...
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The Income Tax and Other Federal Taxes

Joseph Jay Scott - Electronic books - 1917 - 386 pages
...on the basis of the quantity of produce furnished by them; 170 Twelfth. Corporation or association organized for the exclusive purpose of holding title...expenses, to an organization which itself is exempt from the tax imposed by this title; or 171 Thirteenth. Federal land banks and national farm-loan associations...
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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...expenses, to an organization which itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations...
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