36-U.S.C.-22507

36-U.S.C.-22507

§22507 – Tax-Exempt Status

Pathway

Title 36 > Subtitle II > Part B > Chapter 225 > Section 22507

Details

  • Reference: Section 22507
  • Legend: §22507 – Tax-Exempt Status
  • USCode Year: 2013

Provision Content

The personal property and funds of the corporation, whether principal or income, so long as held or used only to carry out the purposes of the corporation, are exempt from taxation by the United States Government, the District of Columbia, and the territories and possessions of the United States.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1305.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
22507 36:96 (1st sentence). Feb. 24, 1925, ch. 303, §6 (less proviso), 43 Stat. 967.

The words so long as held or used only to carry out the purposes of the corporation are substituted for held or used for the purposes hereof, pursuant to the provisions of this chapter . . . so long as the same shall be so used to eliminate unnecessary words. The words the United States Government, the District of Columbia, and the territories and possessions of the United States are substituted for the United States or any Territory or District thereof for clarity.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-22109 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-22109, find legal reference material, bibliographies and premiere content related to patriotic organizations in the American Encyclopedia of Law, presenting a comprehensive view of the United States patriotic organizations-specific issues, written by authorities in the field.

36-U.S.C.-20912 in the Legal Encyclopedia: War

In this entry about 36-U.S.C.-20912, find legal reference material, bibliographies and premiere content related to war in the American Encyclopedia of Law, presenting a comprehensive view of the United States war-specific issues, written by authorities in the field.

Topic Map


Posted

in

,

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *