The Law of Taxation in Pennsylvania 2
The Law of Taxation in Pennsylvania 2
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In our eReader you can find the full English version of the book. Read The Law of Taxation in Pennsylvania 2 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 The Law of Taxation in Pennsylvania 2
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Section 6 of the Act of June 10, 1881, P. L. 99, abolished the system of assessment created by the Act of 1867, and pro- vided for taxation upon the basis of reports made to the auditor general. Banks, state or national, electing to collect a tax of six-tenths of one per centum upon the par value of all the shares of said banks, and paying the same into the state treasury before March 1st of each year, were exempt from further taxa- tion upon their shares and so much of their capital and profit...s as was not invested in real estate.
When said banks did not elect to pay said six-mill tax, it was then made the duty of the president or cashier of every bank (state or national) to make a report in writing to the auditor general, on or before June 20th, stating the amount of capital stock, amount paid in, a list of the shareholders, with their residences, and the number and par value of the shares held by each, and the value of said stock in the market where such bank was located, during the year ending June 20th ; and a duplicate of such report should be sent to the commissioners of the city or county in which said bank was located.
What to read after The Law of Taxation in Pennsylvania 2?
You can find similar books in the "Read Also" column, or choose other free books by Eastman, Frank Marshall to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Section 6 of the Act of June 10, 1881, P. L. 99, abolished the system of assessment created by the Act of 1867, and pro- vided for taxation upon the basis of reports made to the auditor general. Banks, state or national, electing to collect a tax of six-tenths of one per centum upon the par value of all the shares of said banks, and paying the same into the state treasury before March 1st of each year, were exempt from further taxa- tion upon their shares and so much of their capital and profit...s as was not invested in real estate.
When said banks did not elect to pay said six-mill tax, it was then made the duty of the president or cashier of every bank (state or national) to make a report in writing to the auditor general, on or before June 20th, stating the amount of capital stock, amount paid in, a list of the shareholders, with their residences, and the number and par value of the shares held by each, and the value of said stock in the market where such bank was located, during the year ending June 20th ; and a duplicate of such report should be sent to the commissioners of the city or county in which said bank was located.
What to read after The Law of Taxation in Pennsylvania 2?
You can find similar books in the "Read Also" column, or choose other free books by Eastman, Frank Marshall to read onlineMoreLess
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