Federal Income Tax: A Plain Presentation of the Complex Law for the Benefit of the Lawyer and the Business Man (Classic Reprint) - Tapa dura

Excerpt from Federal Income Tax: A Plain Presentation of the Complex Law for the Benefit of the Lawyer and the Business Man

The comprehensive information which follows was derived, almost entirely, either from lists checked and signed by an official of the issuing corporation or from information furnished by the fiscal agent of such corporation. In a substantial number of instances we have been able to counter-check lists of bonds received from the two sources mentioned. In certain instances the issuing corporation has qualified its information by the statement that the policy indicated on the lists submitted was subject to change without notice. While this attitude should be borne in mind, it is probable that such statements were dictated by conservatism, i.e., a hesitancy to commit the corporation to a. Permanent policy.

In view of this probability the editors of this work have decided that notes of exception on such lists of bonds would be more mislead ing than if such exceptions were omitted.

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