| United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1956 - 1104 pages
...offers no objection to the regulation but insists that it fits the definition. We think the plaintiff is "an association of persons having some common business...purpose of which is to promote such common interest * * *." But we think the plaintiff does not comply with the regulation as a whole, because (1) it engages... | |
| George Edwin Holmes - Excess profits tax - 1919 - 1052 pages
...the net income of which inures to the benefit of any private stockholder or individual are exempt. A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
| Prentice-Hall Inc, Prentice-Hall, inc - Reference - 1919 - 640 pages
...receive any dividend or other return upon their shares. , fl756. Art. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
| United States. Bureau of Internal Revenue - Excess profits tax - 1920 - 346 pages
...shall not receive any dividend or other return upon their shares. ART. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
| United States. Internal Revenue Service - Excess profits tax - 1921 - 348 pages
...shall not receive any dividend or other return upon their shares. ART. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
| United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...shall not receive any dividend or other return upon their shares. ART. 518. Business leagues. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
| Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...ordered. Regulations 65. ART. 518. Business leagues, chambers of commerce, and boards of trade. — A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
| Robert Hiester Montgomery - Excess profits tax - 1925 - 1928 pages
...common business interest, which limits its activities to work for >ach common interest and does not engage in a regular business of a kind ordinarily carried on for profit. Its work need not be similar to that of a chamber of commerce or board of trade. If it engages in a... | |
| Robert Hiester Montgomery - Excess profits tax - 1923 - 1760 pages
...work need not be similar to that of a chamber of commerce or board of trade. The fact that it engages in a regular business of a kind ordinarily carried on for profit but on a cooperative basis or so as to produce only sufficient income to be self-sustaining, is not... | |
| Robert Hiester Montgomery - Excess profits tax - 1920 - 1320 pages
...net earnings of which inures to the benefit of any private stockholder or individual ; REGULATION. A business league is an association of persons having some common business interest, which limits its activities to work for such common interest and does not engage in a regular business... | |
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