US Code · Through Public Law 119-103 (09/02/2026)

12 U.S.C. § 531: Exemption from taxation

Where this section sits in the code

Title 12—BANKS AND BANKING
CHAPTER 4—TAXATION

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.

Collected 2026-09-10T05:56:24Z. Source file · JSON

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