 | United States - 1928 - 268 pages
...Secretary, a person who regularly sells or otherwise disposes of personal property on the installment property on the installment plan may return as income...(b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other than property... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...property. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes...(b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other than property... | |
 | United States. Congress. House. Committee on Ways and Means - 1932 - 1264 pages
...under the law while he lived. Section 44 (a) and (b), revenue act of 1928, provides: "The taxpayer may return as income therefrom in any taxable year...payment is completed bears to the total contract price." It is discriminatory inasmuch as it imposes an income tax on an involuntary transmission of property... | |
 | United States. Congress. Senate. Committee on Finance - 1932 - 1476 pages
...under the law while he lived. Section 44 (a) and (b), revenue act of 1928, provides that: The taxpayer may return as income therefrom in any taxable year...payment is completed, bears to the total contract price. It is discriminatory inasmuch as it imposes an income tax on an involuntary transmission of property... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...personal property.—Under regulations prescribed by the Commissioner with the npproval of the Secretary, a person who regularly sells or otherwise disposes...completed, bears to the total contract price. (b) Salss of realty and casual sales of personalty.—In the case (1) of a casual sale or other casual... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...property. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes...(b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other than property... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...property. — Tnder regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes...(b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other than property... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...PEOPEETY. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes...contract price. (b) SALES OF REALTY AND CASUAL SALES OF PEESONALTY. — In the case (1) of a casual sale or other casual disposition of personal property (other... | |
 | United States. Board of Tax Appeals - 1936 - 1468 pages
...Secretary, a person who regularly sells or otherwise disposes of personal property on the installment basis may return as income therefrom In any taxable year...payment is completed, bears to the total contract price. I payments do not exceed 40 per centum of the selling price." Before we go further, therefore, this... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 1104 pages
...BASIS SEC. 13. (a) DEALERS IN PERSONAL PROPERTY. — Under regulations prescribed by the Commissioners, a person who regularly sells or otherwise disposes...(b) SALES OF REALTY AND CASUAL SALES OF PERSONALTY. — In the case of (1) a casual sale or other casual disposition of personal prop- sonaity. erty (other... | |
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BASIS. (a) Dealers in personal property. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes of personal property on the installment plan may return as income therefrom... 
