Pare Business leagues, exempt___ 18, 25 Buying and holding mineral and timber lands, doing business_. 7,8 8 Buying materials, doing business__. Buying and selling securities and other property, doing business__ Capital stock, defined____ 8 7 9 Disclosures required on parent corporation return_- Application of law to---- Computation of tax.. Definition Exempt classes of__ Not doing business_. Value of stock declared by E Educational organizations, exempt. Effect of extension of filing date--. Effective date of Act.. Evidence of exemption.. Examination of books by Commissioner_ 18, 29, 30 7, 30, 31 10, 11 18, 24 37 7, 30, 32 20, 30, 32 42 Examination of witnesses by Commissioner___ Exempt corporations: 42 2222 Mutual hail, cyclone, casualty, fire insurance companies__ 19, 26 Foreign corporations not doing business in United States____ Legislative propaganda defeats. Procedure when claimed____. Procedure when claim is rejected. Extensions of time for filing returns_. F Failure to file return on time, penalty-.. Failure to pay tax after notice and demand, penalty-.. Failure or refusal to surrender property rights, penalty-. Carrying on or doing business in United States illustrated__ Defined 30 7, 20, 30, 32 32 18, 24 20, 30, 32 22, 32 - 34 38, 39 39, 40 38 39 19, 27 11 14, 15 14 8 Horticultural organizations, exempt-- How and when penalties and interest are collected.. I Initial returns required of exempt corporations_. Instrumentalities of the United States Illustrations: Carrying on or doing business_. Carrying on or doing business in United States by foreign corpora 2,3 1 22,81 8, 9 18, 22 88, 89 21, 80, 81 20 7, 8, 9 Other laws made applicable-- Where found___. Legislative propaganda defeats exemption__- Limitation: On assessments.... On claims for refund. On suits by Government.... |