 The farmers' cooperatives exempt from taxation to the extent provided in subsection (a) are farmers', fruit growers', or like associations organized and operated on a cooperative basis (A) for the purpose of marketing the products of members or other...  Legal Phases of Cooperative Associations - Page 228by Lyman Spaulding Hulbert - 1942 - 456 pagesFull view - About this book
 | United States. Court of Claims - Law reports, digests, etc - 1939 - 836 pages
...producers, and turning back to them the proceeds of sales, less the necessary marketing expenses, or for the purpose of purchasing supplies and equipment...equipment to them at actual cost, plus necessary expenses, should be exempt. Counsel for defendant make their main objection to plaintiff's claim for exemption... | |
 | United States - Law - 1921 - 642 pages
...purchasing furnished by them; or organized and operated as purchasing agents agentsforsuppues,etc. for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses;... | |
 | National City Company - Income tax - 1921 - 104 pages
...basis of the quantity of produce furnished by them; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses;... | |
 | United States - Law - 1922 - 1028 pages
...basis of the quantity of produce furnished by them; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses... | |
 | Emerson Emanuel Rossmoore - Income tax - 1922 - 592 pages
...basis of the quantity of produce furnished by them ; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses;... | |
 | United States - Law - 1922 - 756 pages
...basis of the quantity of produce furnished by them; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses;... | |
 | Irving Bank. Columbia Trust Company - Income tax - 1923 - 148 pages
...basis of the quantity of produce furnished by them; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses;... | |
 | United States. Congress. House. Committee on Ways and Means - Finance - 1923 - 256 pages
...basis of the quantity of produce furnished by them; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost, plus necessary expenses;... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...live-stock growers, dairymen, etc., for the purpose of buying supplies and equipment for their use and turning over such supplies and equipment to them at actual cost, plus necessary operating expenses, are also exempt. The provisions of paragraph (a) relating to a reserve, sinking... | |
 | Webster Verner Clark - Conditional sales - 1924 - 76 pages
...basis of the quantity of produce furnished by them; or organized and operated as purchasing agents for the purpose of purchasing supplies and equipment for the use of members and turning over such supplies and equipment to such members at actual cost plus necessary expenses,"... | |
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