 | Wisconsin - 1935 - 1308 pages
...taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken...capital asset has been held for not more than 1 year; 60 per centum if the capital asset has been held for more than 2 years but not for more than 5 years... | |
 | Wisconsin - 1935 - 1310 pages
...taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken...capital asset has been held for not more than 1 year; 60 per centum if the capital asset has been held for more than 2 years but not for more than 5 years... | |
 | United States. Congress. House. Committee on Ways and Means - 1933 - 50 pages
...the property, the following percentages of gain or loss are recognized for tax purposes : 100 percent if the capital asset has been held for not more than 1 year ; 80 percent if the capital asset has been held for more than 1 year but not more than 2 years ; 60 percent... | |
 | United States. Congress. Senate. Committee on Finance - 1936 - 286 pages
...says : In the case of a taxpayer, other than a corporation, the whole of the gain recognized upon the sale or exchange of a capital asset shall be taken into account in computing net income. Mr. CHESTEEN. Yes. Senator GUFFEY. That is a good provision. Mr. CHESTEEN. The Nye committee struck... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...the amount of the gain or loss, computed under section 111 and recognized under section 112, upon the sale or exchange of a capital asset shall be taken into account only to the extent provided in section 277 117 (a). The percentage of the gain or loss to be taken... | |
 | United States - 1939 - 780 pages
...taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken...the capital asset has been held for not more than 18 months; 66% per centum if the capital asset has been held for more than 18 months but not for more... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...centum if the capital asset has been held for more than 18 months but not for more than 24 months ; 50 per centum if the capital asset has been held for more than 24 months. (c) ALTERNATIVE TAXES. — (1) IN CASE OF NET LONG-TERM CAPITAL GAIN. — If for any taxable... | |
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In the case of a taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken into account... 
