 | United States. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...be amended to read as follows : " The amount received by an individual as dividends or Interest from domestic building and loan associations, substantially...of which is confined to making loans to members and the interest or dividends received oa savings deposits In any bank or trust company, but the amount... | |
 | Henry Morton Bodfish - 1927 - 110 pages
...unit such as the present building and loan associations. The Revenue Act of 1926 exempts from taxation "domestic building and loan associations, substantially...of which is confined to making loans to members." As the tax on corporations at present is 13 per cent of the net income in excess of certain specified... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...1926 which reads as follows : " The amount received by an individual as dividends or interest from domestic building and loan associations, substantially...business of which is confined to making loans to members, but the amount excluded from gross income under this paragraph in any taxable year shall not exceed... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...BUILDING AND LOAN ASSOCIATIONS. — The amount received by an individual as dividends or interest from domestic building •and loan associations, substantially...business of which is confined to making loans to members, but the amount excluded from gross income under this paragraph in any taxable year shall not exceed... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...respect of their children.3 7. Dividends or interest (not exceeding $300 in any taxable year) from domestic building and loan associations, substantially...business of which is confined to making loans to members, are exempt to individuals in the United States. * There is no counterpart to this exemption in the... | |
 | Eric Louis Kohler - 1927 - 618 pages
...State is paying a pension; (10) The amount received by an individual as dividends or interest from domestic building and loan associations, substantially...business of which is confined to making loans to members, but the amount excluded from gross income under this paragraph in any taxable year shall not exceed... | |
 | Robert Riegel, John Russell Doubman - 1927 - 336 pages
...taxation — the amount received by an individual as dividends or interest from domestic building-and-loan associations, substantially all the business of which is confined to making loans to members, but the amount excluded under this paragraph in any taxable year shall not exceed $300. In other words,... | |
 | United States. Board of Tax Appeals - 1928 - 1560 pages
...section and subdivision of the Revenue Act of 1921 contains a like exemption in the following language: Domestic building and loan associations substantially...members; and cooperative banks without capital stock orgaaized nud operated for mutual purposes and without profit, - Substantially similar provisions,... | |
 | United States - 1928 - 1164 pages
...State is paying a pension ; (10) The amount received by an individual as dividends or interest from domestic building and loan associations, substantially...business of which is confined to making loans to members, but the amount excluded from gross income under this paragraph in any taxable year shall not exceed... | |
 | United States - 1928 - 268 pages
...war-savings certificate, warrant or check, issued by the United States; or stocks and bonds issued by domestic building and loan associations substantially...business of which is confined to making loans to members, or by mutual ditch or irrigation companies; or stocks and bonds and other certificates of indebtedness... | |
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Domestic building and loan associations substantially all the business of which is confined to making loans to members; and cooperative banks without capital stock organized and operated for mutual purposes and without profit... 
