TITLE 12 - US CODE - SUBCHAPTER I - FEDERAL RESERVE BANKS
12 USC 531 - Exemption from 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.
TITLE 12 - US CODE - SUBCHAPTER II - NATIONAL BANK CIRCULATION
12 USC 541 - Tax on circulating notes generally
In lieu of all existing taxes, every association shall pay to the Treasurer of the United States, in the months of January and July, a duty of one-half of 1 per centum each half year upon the average amount of its notes in circulation.
Section, act Dec. 21, 1905, ch. 3, 1, 34 Stat. 5, related to tax on circulating notes secured by Panama Canal 2 per centum bonds and rights and privileges of such bonds.
544 to 547. Omitted
TITLE 12 - US CODE - SUBCHAPTER III - NATIONAL BANK SHARES
12 USC 548 - State taxation
For the purposes of any tax law enacted under authority of the United States or any State, a national bank shall be treated as a bank organized and existing under the laws of the State or other jurisdiction within which its principal office is located.
TITLE 12 - US CODE - SUBCHAPTER IV - STATE BANK CIRCULATION