 | United States. Congress. House. Banking and Currency Committee - 1936 - 86 pages
...is what it says : Such associations, including their franchises, capital, reserves, and surpluses, and their loans and Income shall be exempt from all...associations shall be exempt, both as to their value and income therefrom, from all taxation (except smtaxes, estates, inheritance, and Rift taxes), now or... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Housing - 1937 - 316 pages
...loans and the income therefrom, their capital surplus, and reserves are exempt from all taxation now or hereafter imposed by the United States; and all...exempt, both as to their value and the income therefrom. Senator BULKLEY. Which associations? Mr. FERGUSON. The Federal savings and loan associations. In brief,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1937 - 314 pages
...loans and the income therefrom, their capital surplus, and reserves are exempt from all taxation now or hereafter imposed by the United States; and all...exempt, both as to their value and the income therefrom. Senator BULKLEY. Which associations? Mr. FERGUSON. The Federal savings and loan associations. In brief,... | |
 | United States. Congress.House. Banking and Currency Committee - 1939 - 532 pages
...sec. 5 (h) of Home Owners' Loan Act of 1933, as amended, with proposed amendment added in italic : (h) Such associations, including their franchises, capital,...States, and all shares of such associations shall he exempt both as to their value and the income therefrom from all taxation (except surtaxes, estate,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1940 - 132 pages
...association and cooperative bank" organized under State law. Under the present law Federal savings and loan associations, including their "franchises, capital,...reserves, and surplus, and their loans and income," already are exempt from Federal taxation and the shares of such associations "both as to their value... | |
 | United States - Federal home loan banks - 1941 - 92 pages
...Secretary of the Treasury shall be retired at par before any payments are made to other shareholders. (h) Such associations, including their franchises, capital,...and income, shall be exempt from all taxation now or hereafter imposed by the United States (except the taxes imposed by sections 1410 and 1600 of the Internal... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1949 - 594 pages
...1464. FEDERAL SAVINGS AND LOAN ASSOCIATIONS. ******* (h) Exemptions from taxation. Such associations,1 including their franchises, capital, reserves, and...and income, shall be exempt from all taxation now or hereafter imposed by the United States (except the taxes imposed by sections 1410 and 1600 of Title... | |
 | United States - Internal revenue law - 1949 - 592 pages
...1464. FEDERAL SAVINGS AND LOAN ASSOCIATIONS. ******* (h) Exemptions from taxation. Such associations,1 including their franchises, capital, reserves, and...and income, shall be exempt from all taxation now or hereafter imposed by the United States (except the taxes imposed by sections 1410 and 1600 of Title... | |
 | Administrative law - 1997 - 932 pages
...receipt of the savings. (h) Refunding bonds, including interest thereon, approved under this Section shall be exempt from all taxation now or hereafter imposed by the United States, and the notification of approval of tax exemption shall not be subject to revocation by HUD. Whether refunding... | |
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Such associations, including their franchises, capital, reserves, and surplus, and their loans and income, shall be exempt from all taxation now or hereafter imposed by the United States (except the taxes imposed by sections... 
