Vermont Statutes Title 8. Banking and Insurance, § 1804. Tax exempt status
Current as of January 01, 2020 | Updated by FindLaw Staff
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Being an institution of public welfare created primarily to increment, augment, and increase sources of taxation within the State, and, in order to induce continuing public support to the corporation, earnings of the corporation shall be exempt from State income taxes, and the holder or holders of any security issued by the corporation shall, in like manner, be exempt from payment of income taxes on dividends or interest paid thereon.
Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 1804. Tax exempt status - last updated January 01, 2020 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-1804.html
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