Statute · United States Code
36 U.S.C. § 22507 — Tax-exempt status
36 U.S.C. § 22507
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- intellectual-property-and-technology
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.
Citator
36 U.S.C. § 22507 — Tax-exempt status is in force in the current edition of the Code, and nothing recorded condemns it.
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.