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. NUERNBERG MILITARY TRIBUNAL
Volume VII · Page 386
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Table of Contents - Volume 7
F. Corporate Affiliations under German Tax Law
(the "Schachtel-Privileg") 
 
1. This does not refer to a separate form of combination of business enterprises but to a concept of German income tax law for corporations. Dividends received by a corporation from another corporation in which it holds at least 25 percent of the stock are exempt from income taxation. The same principle applies to the property tax with respect to the ownership interest in a subsidiary. 
 
C. Bylaws for the Vorstand of I.G. Farben  
 
  TRANSLATION OF
DOCUMENT NI-8934
PROSECUTION EXHIBIT 337
 
Bylaws

for the Vorstand of

IG. FARBENINDUSTRIE AKTIENGESELLSCHAFT  
 
__________
 
The Aufsichtsrat of I.G. Farbenindustrie Aktiengesellschaft issues, in accordance with par. 12 (3) of the articles of incorporation, the following bylaws for the Vorstand, which take the place of the extant bylaws. 
 
Par. 1 
 
The Vorstand conducts the business of the Corporation in accordance with the prescriptions of law, of the articles of incorporation and the following bylaws. 
 
Par. 2 
 
The chairman shall as a rule call together the full Vorstand (Gesamtvorstand) about once a month for a general session. At these conferences each Vorstand member shall make a report on the matters specified below as requiring (Vorstand) approval. It is further the duty of every Vorstand member to call attention to matters, the knowledge of which is of importance to the other Vorstand members, especially as it may facilitate for the latter the over-all appraisal (Ueberblick) of the entire business (Gesamtgeschaeft). 
 
Par. 3 
 
(1) The various Vorstand members shall, as a rule, submit particularly important matters, which go beyond the framework of the ordinary business conducted, to the full Vorstand (Gesamt- […vorstand]  




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