Lanterna Rally

Author: Sydney R. Wrightington

Publisher: Forgotten Books

Published: 2015-06-16

Total Pages: 238

ISBN-13: 9781330123331

Excerpt from Tax Exempt and Taxable Investment Securities: A Summary of the Laws of All the States and the District of Columbia Relating to the Taxation of Securities From the Standpoint of the Banker and Investor This book is intended as a manual for the use of investors and dealers in investment securities. It treats of the laws of the various states of the Union levying a direct property tax on investments. It does not include inheritance taxes or stock transfer taxes. These are not properly described as included in the direct property tax. The taxes referred to are levied by states, counties, cities, towns, or specially created municipal districts within states, on property in the hands of its owner assessed at a given rate in proportion to the value of the property or upon incomes. These are the great fundamental annual taxes which form the backbone of our public revenue. This book is not intended as a legal treatise and does not contain a discussion of the constitutional limitations on the taxing power or questions relating to the interpretation of tax statutes. The citations of the statutes are given for the convenience of those who may wish to make a more detailed study of a particular statute in a given state. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.