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" The principal and interest thereof shall be payable in United States gold coin of the present standard of value and shall be exempt, both as to principal and interest, from all taxation, except estate or inheritance taxes, imposed by authority of the... "
Second Emergency Bond Issue: Hearing Before the Committee on Ways and Means ... - 83. lappuse
autors: United States. Congress. House. Committee on Ways and Means - 1917 - 88 lapas
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Cases Decided in the Court of Claims of the United States, 83. sējums

United States. Court of Claims - 1937 - 786 lapas
...interest thereof shall be payable in United States gold coin of the present standard of value and shall be exempt, both as to principal and interest, from...or its possessions, or by any State or local taxing authority." The first contention of plaintiff is that a tax on the profit from the sale of the bonds...
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Cases Decided in the United States Court of Claims ... with ..., 145. sējums

United States. Court of Claims, Audrey Bernhardt - 1959 - 820 lapas
...Loan bonds and the Federal gift tax. The Liberty Loan bonds (second and third issues) were exempted "from all taxation, except estate or inheritance taxes,...or its possessions, or by any State or local taxing authority." Act of April 24, 1917, 40 Stat. 35, 31 USC § 746. At the time these Liberty Loan bonds...
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Statutes of the United States of America

United States - 1917 - 706 lapas
...at no time exceed in the aggregate $2,000,000,000, and such certificates shall be exempt, both аз to principal and interest, from all taxation, except...or its possessions, or by any State or local taxing authority. SEC. 7. That the Secretary of the Treasury, in his discretion, is lnDt£S£ °ln hereby...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1918 - 836 lapas
...at par and accrued interest, after three months published notice, on any interest day. The bonds are exempt, both as to principal and interest, from all...States or its possessions or by any State or local taxable authorities. Under the terms of the issue the holders of these bonds' are given the right of...
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Plain Issues of the War

Elihu Root - 1917 - 290 lapas
...bonds will be payable in United States gold coin of the present standard of value, and the bonds are exempt, both as to principal and interest, from all...by any State or local taxing authorities. The bonds do not bear the circulation privilege but are receivable as security for deposits of public money....
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The Income Tax and Other Federal Taxes

Joseph Jay Scott - 1917 - 386 lapas
...1917 provides as to the bonds thereby authorized that " 'the principal and interest thereof .... shall be exempt, both as to principal and interest, from...or its possessions, or by any State or local taxing authority.' "Like every exemption from taxation, this provision must be literally construed and cannot...
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President Wilson's Great Speeches and Other History Making Documents

United States. President (1913-1921 : Wilson), Woodrow Wilson - 1917 - 352 lapas
...certificates outstanding shall at no time exceed in the aggregate $2,000,000,000, and such certificates shall be exempt, both as to principal and interest, from...or its possessions, or by any State or local taxing authority. SEC. 7. That the Secretary of the Treasury, in his discretion, is hereby authorized to deposit...
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Journal of Accountancy, 24. sējums

1917 - 510 lapas
...provides as to the bonds thereby authorized that— The principal and interest thereof * * * shall be exempt, both as to principal and interest, from...or its possessions, or by any state or local taxing authority. Like every exemption from taxation, this provision must be literally construed and can not...
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National Service Handbook ...

United States. Committee on Public Information, George Creel - 1917 - 278 lapas
...bonds will be payable in United States gold coin of the present standard of value, and the bonds are exempt, both as to principal and interest, from all...taxes, imposed by authority of the United States or its posssssions, or by any State or local taxing authorities. The bonds do not bear the circulation privilege...
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The State Department Reports of the State of New ..., 12. sējums,67-72. izdevums

New York (State) - 1917 - 626 lapas
...Congress) the bonds are made exempt, " both as to principal and interest, from all taxation, except estates or inheritance taxes, imposed by authority of the...or its possessions, or by any State or local taxing authority." Section 221-b does not impose an " inheritance tax," but it imposes such tax only upon...
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