Any and all notes, debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation ; (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United... Congressional Serial Set - Page 3671922Full view - About this book
| United States. Supreme Court - Courts - 1940 - 894 pages
...supra. Congress has not only the power to create a corporation to facilitate the performance of govby any State, county, municipality, or local taxing authority....franchise, its capital, reserves and surplus, and its loans and income, shall, like wise be exempt from such taxation; except that any real property of the... | |
| United States. Congress. Senate. Committee on Manufactures - 1926 - 482 pages
...debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation ; (except surtaxes,...State, county, municipality, or local taxing authority; except that :any real property of the corporation shall be subject to State, Territorial, county, municipal,... | |
| United States - Law - 1927 - 468 pages
...income and property, shall be exempt from all taxation now or hereafter imposed by the United States or by any Territory, dependency, or possession thereof,...State, county, municipality, or local taxing authority. Feb. 16, 1938, 3 pm, c. 30, Title V, § 511, 52 Stat. 75. § 1512. Corporation as fiscal agent of government... | |
| United States - Law - 1927 - 506 pages
...franchise and income, shall be exempt from taxation now or hereafter imposed by the United States, or any Territory, dependency, or possession thereof,...State, county, municipality, or local taxing authority. Aug. 5, 1947, c. 498, § 10, 61 Stat. 783. § 281j. Right to repeal, etc., reserved; savings clause... | |
| United States. Congress. House. Committee on Rules - 1931 - 934 pages
...franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority: except that any real property of the bank shall he subject to State. Territorial, county, municipal,... | |
| United States. Congress. Senate. Committee on Manufactures - 1932 - 24 pages
...debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation (except surtaxes, estate,...State, county, municipality, or local taxing authority; except that any real property of the corporation shall be subject to State, Territorial, county, municipal,... | |
| United States. Congress. House Banking and Currency Committee - 1932 - 1730 pages
...issue«! by the corporation shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, by any...corporation, including its franchise, its capital, reserves, ami .surplus, and its income, shall be exempt from all taxation now or bei'eafU"tai -os«! by the Unite«!... | |
| United States. Congress. Senate. Committee on Manufactures - Unemployed - 1932 - 36 pages
...to principal and interest, from all taxation (except estate and inheritance taxes, and surtaxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. (b) Such bonds shall be first offered at not less than par, as a popular loan, under such regulations... | |
| United States. Congress. Senate. Agriculture and Forestry Committee - 1932 - 236 pages
...franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county,... | |
| United States. Congress. Senate. Committee on Manufactures - Employment subsidies - 1932 - 96 pages
...principal and interest, from all taxation (except estate, gift, and inheritance taxes, and surtaxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. (b) Such bonds shall be first offered at not less than par, as a popular loan, under such regulations... | |
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