 ... and equipment 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 of such stock is fixed at not to exceed the legal rate of interest in the State of...  Bulletin - Page 3by United States. Federal Farm Board - 1930Full view - About this book
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...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 issued... | |
 | United States. Congress. House. Committee on Ways and Means - Internal revenue - 1927 - 1034 pages
...such associations because it has capital stock, if the dividend rate of such slock 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 vnlue of the consideration for which the stock was issued,... | |
 | Robert Hiester Montgomery - Excess profits tax - 1927 - 1510 pages
...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 issued, and (2) if substantially all of such stock (with the exception noted below) is owned by producers who market... | |
 | Robert Hiester Montgomery - Excess profits tax - 1927 - 1510 pages
...will not for such reason be denied exemption, (i) 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 cent per annum, whichever is greater, on the value of the consideration for which the stock was issued,... | |
 | United States. Internal Revenue Service - Income tax - 1931 - 502 pages
...will not for such reason be denied exemption, (1) 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 cent per annum, whichever is greater, on the value of the consideration for which the stock was issued,... | |
 | United States. Bureau of Internal Revenue - Income tax - 1933 - 452 pages
...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 par centum per annum, whichever is greater, on the value of the consideration for which the stock was... | |
 | 1928 - 790 pages
...will not for such reason be denied exemption, (1) 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 cent per annum, whichever is greater, on the value of the consideration for which the stock was issued,... | |
 | United States. Bureau of Internal Revenue - Corporations - 1934 - 76 pages
...will not for such reason be denied exemption, (1) 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 cent per annum, whichever is greater, on the value of the consideration for which the stock was issued,... | |
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