F. Corporate Affiliations under German Tax Law (the
"Schachtel-Privileg") |
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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. |
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C. Bylaws for the Vorstand of I.G. Farben |
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TRANSLATION OF DOCUMENT NI-8934
PROSECUTION EXHIBIT 337 |
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Bylaws
for the Vorstand of
IG. FARBENINDUSTRIE
AKTIENGESELLSCHAFT |
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__________ |
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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. |
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Par. 1 |
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The Vorstand conducts the business of the Corporation in accordance
with the prescriptions of law, of the articles of incorporation and the
following bylaws. |
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Par. 2 |
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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). |
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Par. 3 |
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(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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