Instrumentalities

Meaning

of Instrumentality

Examples

Just what instrumentalities of either a state or the federal government are exempt from taxation by the other cannot be stated in terms of universal application. Harlan F. Stone

The United States has an interest in the Federal Reserve Banks as tax-exempt federally created instrumentalities whose profits belong to the federal government, but this interest is not proprietary. Source: Internet

Department of Defense Non-Appropriated Fund (NAF) Instrumentalities are equal opportunity employers. Source: Internet

With few exceptions, one level of government does not impose tax on another level of government or its instrumentalities. Source: Internet