 | United States. Internal Revenue Service - Income tax - 1931 - 502 pages
...underwriters) the income of which is used or held for the purpose of paying losses or expenses; (12) Farmers', fruit growers', or like associations organized...marketing expenses, on the basis of either the quantity or the value of tlie products furnished by them, or (b) for the purpose of purchasing supplies and... | |
 | United States. Board of Tax Appeals - Taxation - 1933 - 1616 pages
...exempt corporation. The statutory provision relied on by petitioner in the Acts of 1926 and 1928 is as follows : Farmers', fruit growers', or like associations...marketing expenses, on the basis of either the quantity or the value of the products furnished by them, or (b) for the purpose of purchasing supplies and equipment... | |
 | United States. Bureau of Internal Revenue - Income tax - 1933 - 452 pages
...underwriters) the income of which is used or held for the purpose of paying losses or expenses; (12) Farmers', fruit growers', or like associations organized...marketing expenses, on the basis of either the quantity or the value of the products furnished by them, or (b) for the purpose of purchasing supplies and equipment... | |
 | United States. Farm Credit Administration - Agricultural credit - 1938 - 1970 pages
...conditions of paragraph 12 of section 103 of the Federal Revenue Act of 1938, which reads as follows: (12) Farmers', fruit growers', or like associations organized...producers, and turning back to them the proceeds of the sales, less the necessary marketing expenses, on the basis of either the quantity or the value... | |
 | Labor - 1934 - 988 pages
...cooperative associations : The following organizations shall be exempt from taxation uuder this title— (12) Farmers, fruit growers, or like associations organized...marketing expenses on the basis of either the quantity or the value of the products furnished by them, or (b) for the purpose of purchasing supplies and equipment... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1958 - 1176 pages
...associations, organized and operated as a sales agent for the purpose of marketing the products of its members and turning back to them the proceeds of sales less the necessary selling expenses, on the basis of the quantity of produce furnished by them." The tax provided in the... | |
 | United States. Congress. House. Committee on Ways and Means - 1958 - 1174 pages
...associations, organized and operated as a sales agent for the purpose of marketing the products of its members and turning back to them the proceeds of sales less the necessary selling expenses, on the basis of the quantity of produce furnished by them." The tax provided in the... | |
 | United States. Congress. House Ways and Means - 1959 - 866 pages
...its members. 'Sec. 101(12) exempted from the tax on corporations: "Farmers', fruit growers', or lift associations organized and operated on a cooperative...other producers, and turning back to them the proceeds «f sales, less the necessary marketing expenses, on the basis of either the nunntlty or the value... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1959 - 1390 pages
...ASSOCIATIONS. — Shares or certificates of stock and certificates of indebtedness issued by any farmers' or fruit growers' or like associations organized and operated on a cooperative basis for the purposes, and subject to the conditions, prescribed in section 521. (b) The taxes imposed by... | |
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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 producers, and turning back to them the proceeds of sales, less the necessary marketing expenses... 
