Regulations No. 50 Relating to the Capital Stock Tax Under the Revenue Act ...
Regulations No. 50 Relating to the Capital Stock Tax Under the Revenue Act ...
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In our eReader you can find the full English version of the book. Read Regulations No. 50 Relating to the Capital Stock Tax Under the Revenue Act ... Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Regulations No. 50 Relating to the Capital Stock Tax Under the Revenue Act ...
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— Corporations organized, for the purpose of doing business and actually engaged in such activ- ities as buying timber lands and other real estate, leasing property, collecting rents, managing office buildings, making investments of profits, or leasing ore lands and collecting royalties, managing wharves, dividing profits and in some cases investing the surplus, are engaged in business within the meaning of the statute. A cor- poration engaged in mining, or io- developing and speculating in min...eral lands, is doing business. A parent corporation which finances or manages the operations of its subsidiaries is doing business. A cor- poration engaged in buying and selling securities or other property is doing business, even though for a period it makes no purchases or sales because of unfavorable market conditions. A corporation formed to take over miscellaneous stocks, bonds and other property (as from an estate), to negotiate the sale of the various items from time to time as opportunity and judgment dictate, and to distribute the proceeds from time to time as liquidation is effected, is while engaged in such liquidation carrying on business.
What to read after Regulations No. 50 Relating to the Capital Stock Tax Under the Revenue Act ...?
You can find similar books in the "Read Also" column, or choose other free books by United States Office of Internal Revenue to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
— Corporations organized, for the purpose of doing business and actually engaged in such activ- ities as buying timber lands and other real estate, leasing property, collecting rents, managing office buildings, making investments of profits, or leasing ore lands and collecting royalties, managing wharves, dividing profits and in some cases investing the surplus, are engaged in business within the meaning of the statute. A cor- poration engaged in mining, or io- developing and speculating in min...eral lands, is doing business. A parent corporation which finances or manages the operations of its subsidiaries is doing business. A cor- poration engaged in buying and selling securities or other property is doing business, even though for a period it makes no purchases or sales because of unfavorable market conditions. A corporation formed to take over miscellaneous stocks, bonds and other property (as from an estate), to negotiate the sale of the various items from time to time as opportunity and judgment dictate, and to distribute the proceeds from time to time as liquidation is effected, is while engaged in such liquidation carrying on business.
What to read after Regulations No. 50 Relating to the Capital Stock Tax Under the Revenue Act ...?
You can find similar books in the "Read Also" column, or choose other free books by United States Office of Internal Revenue to read onlineMoreLess
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