12 Usc 531 October 1 2025. Today, 12 usc 531 remains a vital component of the irs tax code. Exemption from taxation federal reserve banks, including the capital stock and surplus therein and the income derived therefrom shall be exempt from federal, state,.


12 Usc 531 October 1 2025

Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom, shall be exempt from federal, state, and local taxation, except taxes upon real estate. Exemption from taxation federal reserve banks, including the capital stock and surplus therein and the income derived therefrom shall be exempt from federal, state,.

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