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Show Taxation of Saving nnd Insurance In-surance luNlitutiouw. Washington, 4. The case of Oul-toii, Oul-toii, collector of internal revenue, against the savings and loan institution, institu-tion, from the California circuit presenting the question whether such institutions are liable to the tax on deposits and dividends as general bankers whose deposits are payable by check, draft, etc., has just been argued before the supreme court; also that of Oulton vs. California insurance insur-ance company in relation to the tax on dividends. |