Government Competition with and Assistance to Business: Hearings Before Subcommittee No. 2 of the Select Committee on Small Business, House of Representatives, Eightieth Congress, First- Session, Volume 1

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Investigates alleged monopolistic practices of Government supported Greenbelt Consumers Services, Inc. Also examines status and activities of rural cooperatives in Western states and Hawaii. Sept. 10 and 11 hearings were held in Seattle, Wash.; Sept. 19 hearing was held in San Francisco, Calif.; Sept. 24 and 25 hearings were held in Los Angeles, Calif.

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Page 633 - Service performed in any calendar quarter in the employ of any organization exempt from income tax under section 101 of the Internal Revenue Code...
Page 324 - For value received hereby sell, assign and transfer unto ^ shares of the capital stock represented by the within certificate and do hereby irrevocably constitute and appoint attorney to transfer the said stock on the books of the within named company with full power of substitution in the premises.
Page 640 - Code and the corresponding provisions of prior revenue acts will not relieve the organization from filing income tax returns and paying the tax. Unless the Commissioner has determined that an organization is exempt, it must prepare and file a complete income tax return for each taxable year of its existence. Accordingly, every organization that claims to be exempt should furnish the information and data specified herein, together with any other facts deemed material to the question, with the least...
Page 324 - IN WITNESS WHEREOF, the said Corporation has caused this Certificate to be signed by its duly authorized officers and to be sealed with the Seal of the Corporation this day of , AD 19 . Secretary. President. Shares, $100 each.
Page 324 - COMPANY, full paid and non-assessable, transferable only on the books of the Corporation by the holder hereof in person or by Attorney, upon surrender of this Certificate properly endorsed.
Page 316 - Do you solemnly swear that the testimony that you are about to give will be the truth, the whole truth, and nothing but the truth, so help you God ? Mr.
Page 578 - Since any organization which is exempt from Federal income tax under the provisions of section 101 of the Internal Revenue Code also is exempt from the capital stock tax pursuant to the express provisions of section 1201 (a) (1) of the Internal Revenue Code...
Page 578 - Accordingly, you will not be required to file income tax returns unless you change the character of your organization, the purposes for which you were organized, or your method of operation. Any such changes should be reported immediately to the collector of internal revenue for your district in order that their effect upon your exempt status may be determined.
Page 13 - ... entity to which the federal government will transfer title, and which entity or corporation will rent or lease the dwellings but will not sell them; a municipal government to be set up, in character with such governments now existing or possible in that region; co-ordination to be established, in relation to the local and state governments, so that there may be provided those public services of educational and other character which the community will require; and finally, to accomplish these...

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