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" ... because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. "
Revenue Revision 1927-28: Hearings Before the Committee on Ways and Means ... - Page 423
by United States. Congress. House. Committee on Ways and Means - 1927 - 1014 pages
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Report of the Joint Committee on Internal Revenue Taxation

United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927
...producers who market their products or purchase their supplies and equipment through the association; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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Comparison of the Revenue Acts of 1926 and 1928: With Index

United States - Finance - 1928 - 247 pages
...producers who market their products or purchase their supplies and equipment through the association; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 278

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Law reports, digests, etc - 1929
...whichever is greater, . . . , and if substantially all such stock is owned by producers . . . ; nor shall exemption be denied any such association because...there is accumulated and maintained by it a reserve . . . Such an association may market the products of nonmembers in an amount the value of which does...
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Bulletin, Issues 1-11

United States. Federal Farm Board - Agriculture - 1930
...producers who mnrkct their products or purchase their supplies and equipment through the association ; nor shall exemption be denied any such association because...accumulated and maintained by It a reserve required by State law or a reasonable reserve for nny necessary purpose. Such an association mny market the products...
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Regulations 74 Relating to the Income Tax Under the Revenue Act of 1928

United States. Internal Revenue Service - Income tax - 1931 - 491 pages
...produeers who market their products or purchase their supplies and equipment through the association ; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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Reports of the U.S. Board of Tax Appeals, Volume 27

United States. Board of Tax Appeals - Taxation - 1933
...producers who market their products or purchase their supplies and equipment through the association ; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market tbe products...
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Circular A.

United States. Farm Credit Administration - Agricultural credit - 1933
...producers who market their products or purchase their supplies and equipment through the association; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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Regulations 77 Relating to the Income Tax Under the Revenue Act of 1932

United States. Bureau of Internal Revenue, United States. Internal Revenue Service - Income tax - 1933 - 423 pages
...5s owned by such association, or members thereof; nor shall exemption be denied any such corporation because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose; (14) Corporations organized for the exclusive...
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Bulletin of the United States Bureau of Labor Statistics, Issues 604-607

Labor - 1934
...producers who market their products or purchase their supplies and equipment through the association ; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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Regulations 64 Relating to the Capital Stock Tax Under Section 701 of the ...

United States. Internal Revenue Service - Corporations - 1934 - 52 pages
...producers who market their products or purchase their supplies and equipment through the association) nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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