Taxation of Trust Companies
Taxation of Trust Companies
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Taxation the same as for banks. For tax provisions see Rev. St. 1892, sec. 336, subd. N.
Georgia. Tax provisions for banks apply: see Const. 1877, art. 7, sec. 2; Laws, 1898, p. 78. In ad- dition there is a i% tax on all premiums: see Laws, 1900, p. 28.
Idaho. Taxation the same as for banks. For tax provisions see Const. 1889, art. 7, sec. 8; Pol. Code, 1901, sec. 1335.
Illinois. Trust companies organized under the general incorporation laws are taxed the same as other corporations thus organiz...ed. For tax provi- sions see Rev. St. 1905, c. 120, sees, i, 3, 4, 32-4.
State banks complying with the requirements made of trust companies as to the deposit of securities with the state are authorized to accept and execute trusts.
12 THE BASIS OF TAXATION When such deposit has been made the bank becomes a trust company as well as a banking company, and such companies are assessed the same as state and national banks. For provisions see Rev. St. 19/35, c. 120, sees. 13, 35-9.
Indiana. Taxation the same as for banks.
What to read after Taxation of Trust Companies?
You can find similar books in the "Read Also" column, or choose other free books by Margaret a Margaret Anna Schaffner to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Taxation the same as for banks. For tax provisions see Rev. St. 1892, sec. 336, subd. N.
Georgia. Tax provisions for banks apply: see Const. 1877, art. 7, sec. 2; Laws, 1898, p. 78. In ad- dition there is a i% tax on all premiums: see Laws, 1900, p. 28.
Idaho. Taxation the same as for banks. For tax provisions see Const. 1889, art. 7, sec. 8; Pol. Code, 1901, sec. 1335.
Illinois. Trust companies organized under the general incorporation laws are taxed the same as other corporations thus organiz...ed. For tax provi- sions see Rev. St. 1905, c. 120, sees, i, 3, 4, 32-4.
State banks complying with the requirements made of trust companies as to the deposit of securities with the state are authorized to accept and execute trusts.
12 THE BASIS OF TAXATION When such deposit has been made the bank becomes a trust company as well as a banking company, and such companies are assessed the same as state and national banks. For provisions see Rev. St. 19/35, c. 120, sees. 13, 35-9.
Indiana. Taxation the same as for banks.
What to read after Taxation of Trust Companies?
You can find similar books in the "Read Also" column, or choose other free books by Margaret a Margaret Anna Schaffner to read onlineMoreLess
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