or company, nonresident in, or not located within, this
Commonwealth, or from any joint-stock company, or association,
limited partnership, bank or corporation formed, erected or
incorporated by, under, or in pursuance of, any law of the
United States, or of any state or government, other than this
Commonwealth, by any person or persons, copartnership,
unincorporated association, company, joint-stock company, or
association, limited partnership, bank, or corporation as active
trustee, agent, attorney-in-fact, or in any other capacity for
the use, benefit or advantage of any person or persons,
copartnership, or unincorporated association, or company,
nonresident in, or not located within, this Commonwealth, or for
the use, benefit or advantage of any joint-stock company or
association, limited partnership, bank or corporation formed,
erected or incorporated by, under, or in pursuance of, any law
of the United States or of any state or government, other than
this Commonwealth. Nor shall the provisions of this section
apply to personal property held for the use, benefit, or
advantage of any resident who shall have, in each of the ten
preceding calendar years, given or contributed all of his net
income to any corporation organized or operated exclusively for
religious, charitable, scientific, literary or educational
purposes.
The value of the equitable interest in any personal property,
made subject to tax by this section, shall be measured by
ascertaining the value of the personal property in which such
resident has the sole equitable interest, or in case of divided
equitable interests in the same personal property, then by
ascertaining such part of the value of the whole of such
personal property as represents the equitable interest of such
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