 February 28, 1913. shall be the cost of such property; except that — "(6) Tax-free exchanges generally. — If the property was acquired upon an exchange described In section 112 (b) to (e), Inclusive, the basis shall be the same as In the case of the...  Income Tax Procedure ... - Page 680by Robert Hiester Montgomery - 1925Full view - About this book
 | United States. Court of Claims - 1937 - 786 pages
...upon an exchange described in subdivision (b), (d), (e), or (f) of section 203, the basis shall be the same as in the case of the property exchanged, decreased...applicable to the year in which the exchange was made. * • •," Opinion of the Court exchange of property held for investment. But this was not a tax exemption... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...LAWS Act of 1924. Act of 1921. Act of 1918. taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | John F. Sherwood - 1925 - 206 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...upon an exchange described in subdivision (6), (d), (e), or (/) of section 203, the basis shall be the same as in the case of the property exchanged, decreased...received by the taxpayer and increased in the amount of gam or decreased in the amount of loss to the taxpayer that was recognized upon such exchange under... | |
 | Nathan William MacChesney - 1927 - 960 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | Eric Louis Kohler - 1927 - 618 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made... | |
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