Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:79-1113
Chapter Title:TAXATION
Article Title:BANKS, BANKING BUSINESSES, TRUST COMPANIES AND SAVINGS AND LOAN
Tax Type:Property Tax; Corporate Income Tax; Privilege
Brief Description:National banking associations and banks and corporations
holding stock therein; exemption from intangibles tax.
Keywords:


Body:

79-1113. National banking associations and banks and corporations holding stock therein; exemption from intangibles tax. Shares, shares of stock or other evidence of ownership of national banking associations and banks located or doing business within the state, and all income therefrom and the shares, shares of stock or other evidence of ownership of corporations holding stock of a national banking association or bank located or doing business in Kansas, to the extent the income of such corporation is attributable to dividends received on such stock, and all income therefrom, shall be exempt from the tax imposed on moneys, notes and other evidences of debt by K.S.A. 79-3109 and any amendments thereof.
History: L. 1963, ch. 463, 8; L. 1970, ch.390, 2; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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