 That every Federal land bank and every national farm loan association, including the capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation...  Circular - 91. lappuseautors: United States. Farm Credit Administration - 1934Pilnskats - Par šo grāmatu
 | United States. Internal Revenue Service - 1924 - 396 lapas
...provides that Federal land banks, Federal intermediate credit banks, and national farm loan associations, including the capital and reserve or surplus therein...the income derived therefrom, shall be exempt from taxation, except taxes upon real estate, and that first mortgages executed to Federal land banks, Federal... | |
 | United States - 1924 - 36 lapas
...be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation. Nothing herein shall prevent the shares in any joint stock land bank from being included in the valuation... | |
 | 1924 - 200 lapas
...be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation. Nothing herein shall prevent the shares in any joint stock land bank from being included in the valuation... | |
 | 1924 - 180 lapas
...be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation. Nothing herein shall prevent the shares in any joint stock land bank from being included in the valuation... | |
 | United States. Department of Justice - 1926 - 686 lapas
...section." Section 26 referred to (Act of July 17, 1916, 39 Stat. 360, 380) is as follows : " That every Federal land bank and every national farm loan association,...by said bank or association under the provisions of section eleven and section thirteen of this Act. First mortgages executed to Federal land banks, or... | |
 | Henry Parker Willis, William Howard Steiner - 1926 - 1202 lapas
...be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, state, municipal, and local taxation. Nothing herein shall prevent the shares in any joint-stock land bank from being included in the valuation... | |
 | United States. Congress. House. Committee on Banking and Currency - 1927 - 422 lapas
...CHAIRMAN. Let me read section 26 of the act. Mr. WINGO. I see it now. The CHAIRMAN (reading) : That every Federal land bank and every national farm loan association,...from Federal, State, municipal, and local taxation. Mr. WINGO. That is what I had in mind. In other words, we declared that they were instrumentalities... | |
 | 1916 - 510 lapas
...be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from federal, state, municipal, and local taxation. "Nothing herein shall prevent the shares in any joint stock land bank from being included in the valuation... | |
 | United States - 1927 - 612 lapas
...be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation. (July 17, 1916, c. 245, § 26, 39 Stat. 380.) Notes of Decisions 1. Constitutionality. — As Congress... | |
 | John Martin Chapman, Ray Bert Westerfield - 1927 - 798 lapas
...approved July 17, 1916, which provides that — Farm Loan Bonds issued under provisions of this act ... and the income derived therefrom, shall be exempt...from Federal, State, Municipal and Local Taxation." We quote from the decision rendered by the United States Supreme Court February 28th, 1921, as follows:... | |
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