Assertion: financial institution | /r/HasProperty | other corporation
Facets:
value: in substantial competition with financial institutions
type: OTHER
value: for purposes of the massachusetts fiet
type: PURPOSE
Source sentences:
text: For example, for purposes of the Massachusetts FIET, financial institutions subject to the tax and its nexus provisions include not only banks and savings and loan associations, but also any other corporation in substantial competition with financial institutions that derives more than 50 percent of its gross income from loan origination, lending activities, or credit card
text: For example, for purposes of the Massachusetts FIET, financial institutions subject to the tax and its nexus provisions include not only banks and savings and loan associations, but also any other corporation in substantial competition with financial institutions that derives more than 50% of its gross income from loan origination, lending activities, or credit card