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" Congress, the interest shall be exempt only if and to the extent provided in the respective Acts authorizing the issue thereof... "
The Income Tax and Other Federal Taxes - Page 3
by Joseph Jay Scott - 1917 - 366 pages
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Statutes of the United States of America

United States - Law - 1917 - 706 pages
...gift, bequest, devise, or descent (but the income from such property snail be included as income) ; interest upon the obligations of a State or any political...subdivision thereof or upon the obligations of the tlonsUnited States (but, in the case of obligations of the United States ' ' '"' ' issued after September...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1918 - 836 pages
...issued shall be exempt from all taxes or duties of the United States (but, in the case of certificates issued after September first, nineteen hundred and seventeen, only if and to the extent provided in connection with the issue thereof), as well as from taxation in any form by or under State, municipal,...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1916 - 804 pages
...bequest, devise, or descent (but the income only from such property shall be included as income) ; interest upon the obligations of a State or any political...thereof or upon the obligations of the United States or its possessions ; the compensation of the present President of the United States during the term...
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The Abridgment 1915: Containing the Annual Message of the President of the ...

United States. Congress. Joint Committee on Printing, United States. President (1913-1921 : Wilson) - Presidents - 1916 - 1044 pages
...bequest, devise, or descent (but the income only from such property shall be included as income) ; interest upon the obligations of a State or any political...thereof or upon the obligations of the United States or its possessions; the compensation of the present President of the United States during the term...
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Income Tax Law: Analysis and Comment

Harris, Forbes & Co., New York - Income tax - 1916 - 140 pages
...gift, bequest, devise, or descent (but the income from such property shall be included as income); interest upon the obligations of a State or any political subdivision thereof or upon the THE INCOME TAX obligations of the United States or its possessions or securities issued under the provisions...
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War Tax: A Synopsis of the War Tax with Accurate Tables and Concrete ...

Chester William Le Noir - Income tax - 1917 - 20 pages
...gift, bequest, devise, or descent (but the income from such property shall be included as income); (e) interest upon the obligations of a State or any political...obligations of the United States, issued after September ist, 1917, (only if and to the extent provided in connection with the issue thereof); or its possessions;...
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Income Tax Procedure

Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...The predecessor of this clause, which first appeared in the 1917 law (section 4), reads as follows: 炁 ai<u Xz Co 2 D XV M | Wʴ~ Plu J f%:? / ...d F 7Ok (O I 0 _ {Ê _ ub ) e R G pR "3#S` g Lo 3^4 per cent Loan and obligations of possessions of the United States. Totally tax-exempt interest...
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The War Tax Law: Approved October 3, 1917

United States, Guaranty Trust Company of New York - Finance, Public - 1917 - 140 pages
...gift, bequest, devise, or descent (but the income from such property shall be included as income); interest upon the obligations of a State or any political...(but, in the case of obligations of the United States Interest on issued after September first, nineteen hundred and sevenGovernment teen, only if and to...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - Excess profits tax - 1917 - 674 pages
...bearing-obligations of residents, corporate or otherwise.1 Interest Exempt from Tax. The Act expressly provides that interest upon the obligations of a state, or any political...thereof, or upon the obligations of the United States (with certain exceptions noted below), or its possessions, or securities issued under the provisions...
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The Income Tax Under United States and Massachusetts Law

Frank A. North - Income tax - 1917 - 164 pages
...gift, bequest, devise, or descent (but the income from such property shall be included as income) ; interest upon the obligations of a State or any political...thereof or upon the obligations of the United States or its possessions or securities issued under the provisions of the Federal farm loan Act of July seventeenth,...
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