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" Benevolent life insurance associations of a purely local character, mutual ditch or irrigation' companies, mutual or cooperative telephone companies, or like organizations; but only if 85 per centum or more of the income consists of amounts collected... "
The Code of Federal Regulations of the United States of America Having ... - Página 3474
1939
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Cases Decided in the Court of Claims of the United States, Volume 93

United States. Court of Claims - 1941 - 858 páginas
...members of such society, order, or association or their dependents; ***** 201 Opinion of the Court (10) Benevolent life insurance associations of a purely...for the sole purpose of meeting losses and expenses. The plaintiff is incorporated under the laws of the District of Columbia, providing for the incorporation...
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Cases Decided in the United States Court of Claims ... with ..., Volume 149

United States. Court of Claims, Audrey Bernhardt - 1962 - 964 páginas
...101(10) of the Internal Revenue Code of 1939. Section 101(10) provides for exemption from taxation of Benevolent life insurance associations of a purely...for the sole purpose of meeting losses and expenses. [Emphasis supplied.] The taxpayer urges that it is a "like organization." Its reasoning may be summarized...
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Cases Decided in the Court of Claims of the United States, Volume 66

United States. Court of Claims - 1929 - 868 páginas
...purely local character, farmers' or other mutual hail, cyclone, casualty, or fire insurance companies, mutual ditch or irrigation companies, mutual or cooperative...for the sole purpose of meeting losses and expenses. " It is an accepted principle that for purposes of statutory construction, within certain limits, resort...
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Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - 1924 - 396 páginas
...purely local character, farmers' or other mutual hail, cyclone, casualty, or fire insurance companies, mutual ditch or irrigation companies, mutual or cooperative...for the sole purpose of meeting losses and expenses ; equipment for the use of members and turning over such supplies and equipment to such members at...
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Income Tax Accounting

John F. Sherwood - 1925 - 206 páginas
...purely local character, farmers' or other mutual hail, cyclone, casualty, or fire insurance companies, mutual ditch or irrigation companies, mutual or cooperative...purpose of meeting losses and expenses; (11) Farmers', fruit growers', or like associations, organized and operated as sales agents for the purpose of marketing...
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Questions and Answers on Federal Tax Laws: Based on Revenue Act of 1924 and ...

Irving Bank-Columbia Trust Company - 1925 - 152 páginas
...purely local character, farmers' or other mutual hail, cyclone, casualty, or fire insurance companies, mutual ditch or irrigation companies, mutual or cooperative...purpose of meeting losses and expenses; (11) Farmers', fruit growers', or like associations, organized and operated as sales agents for the purpose of marketing...
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Federal Income and Estate Tax Laws: Correlated and Annotated, Being a ...

Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 páginas
...purely local character, farmers' or other mutual hail, cyclone, casualty, or fire insurance companies, mutual ditch or irrigation companies, mutual or cooperative...purpose of meeting losses and expenses ; (11) Farmers', fruit growers ', or like associations, organized and operated as sales agents for the purpose of marketing...
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Federal Income Taxes, 1927

Eric Louis Kohler - 1927 - 618 páginas
...pleasure, recreation, and other nonprofitable purposes, no part of the net earnings of which inures to the benefit of any private shareholder; (10) Benevolent...losses and expenses; (11) Farmers' or other mutual hail, cyclone, casualty, or fire insurance companies or associations (including interinsurers and reciprocal...
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Report of the Joint Committee on Internal Revenue Taxation, Volumes 1-3

United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 páginas
...pleasure, recreation, and other nonprofitable purposes, no part of the net earnings of which inures to the benefit of any private shareholder; (10) Benevolent...losses and expenses; (11) Farmers' or other mutual hail, cyclone, casualty, or fire insurance companies or associations (including interinsurers and reciprocal...
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The Income Tax in Great Britain and the United States

Harrison B. Spaulding - 1927 - 336 páginas
...Clubs organized and operated exclusively for pleasure, recreational and other non-profitable purposes. 10. Benevolent life insurance associations of a purely...telephone companies, or like organizations, but only if 85 % or more of the income consists of amounts collected from members for the sole purpose of meeting...
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