Rev. Rul. 54-38

There is no provision in law whereby the issuance or transfer of stock of a corporation organized for feligious, charitable, scientific, literary, or educational purposes is by reason of such character exempt from the stamp tax imposed by section 1802 of the Internal Revenue Code. Accordingly, the issuance of stock by a corporation organized for any such purposes or the subsequent transfer of the stock are not exempt from the tax under that section of the Code by reason of such character.