income derived therefrom
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 311 U.S. 60 - United States v. Stewart · 1940Most cited · 797 citing opinions
income derived from mere ownership of the bonds is clearly different from income derived from dealings or transactions in the bonds... an exemption of 'income derived' from a security does not embrace 'income derived' from transactions in that security