Exemption shall not be denied any such corporation because it has capital stock, if the dividend rate of such stock is fixed at not to exceed the legal rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on... Compilation of the Social Security Laws - Page 318by United States. Congress. House. Committee on Ways and Means - 1961 - 504 pagesFull view - About this book
| Eric Louis Kohler - 1927 - 618 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| Edwin Griswold Nourse - 1927 - 598 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the state of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...expenses. Such associations shall not be denied exemption because they have capital stock, if the interest rate of such stock is fixed at not to exceed the legal...rate of interest in the State of incorporation or 8 per cent per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...expenses. Such associations shall not be denied exemption because they have capital stock, if the interest rate of such stock is fixed at not to exceed the legal...rate of interest in the State of incorporation or 8 per cent per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States - 1928 - 268 pages
...purchases; (131 Corporations organized by an association exempt under the provisions of paragraph (12), or members thereof, for the purpose of financing the...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| United States - 1928 - 1164 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| Robert Hiester Montgomery - 1927 - 592 pages
...to them at actual cost, plus necessary expenses. Exemption shall not be denied any such association because it has capital stock, if the dividend rate...rate of interest in the State of incorporation or 8 per centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
| Robert Hiester Montgomery - 1927 - 1510 pages
...not exempt. An association which has capital stock will not for such reason be denied exemption, (i) if the dividend rate of such stock is fixed at not...rate of interest in the State of incorporation or 8 per cent per annum, whichever is greater, on the value of the consideration for which the stock was... | |
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