... property used in the trade or business, plus the recognized gains from the compulsory or involuntary conversion (as a result of destruction in whole or in part, theft or seizure, or an exercise of the power of requisition or condemnation or the threat... Reports of the Tax Court of the United States - Page 247by United States. Tax Court - 1954Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
...In part, theft or seizure, or an exercise of the power of requisition or condemnation or the threat or Imminence thereof) of property used in the trade...of capital assets held for more than 6 months. If snch gains do not exceed such losses, such gains and losses shall not be considered as gains and losses... | |
| United States. Court of Claims, Audrey Bernhardt - 1949 - 832 pages
...recognized gains Opinion of the Court from the compulsory or involuntary conversion * * * of property used in the trade or business and capital assets held...or exchanges of capital assets held for more than 6 months. * * * It is undisputed that the two vessels sold by the partnership in 1941 had been owned... | |
| United States. Court of Claims, Audrey Bernhardt - 1962 - 964 pages
...exercise of the power of requisition or condemnation or the threat or imminence thereof) of the property used in the trade or business and capital assets held for more than six months into other property or money, exceed the recognized loss from such sales, exchanges and... | |
| 1953 - 1028 pages
...involuntary conversion of such property and capital assets held for more than б months, exceed the losses from such sales, exchanges, and conversions, such gains and losses shall be considered as from sales or exchanges of capital assets held for more than 6 months. If such gains are less than... | |
| United States - 1953 - 1744 pages
...in part, theft or seizure, or an exercise of the power of requisition or condemnation or the threat or imminence thereof) of property used in the trade...or exchanges of capital assets held for more than в months. If such gains do not exceed such losses, such gains and losses shall not be considered as... | |
| United States. Congress. House. Committee on Ways and Means - 1943 - 1636 pages
...the sale or exchange of such property, or from the compulsory or involuntary conversion of property used in the trade or business and capital assets held for more than 6 months, it is provided that if the recognized gains exceed the recognized losses, such gains and losses... | |
| United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...in part, theft or seizure, or an exercise of the power of requisition or condemnation or the threat or imminence thereof) of property used in the trade...and losses shall be considered as gains and losses fror 75 sales or exchanges of capital assets held .for more than 6 months. If such gains do not exceed... | |
| 1976 - 902 pages
...In part, theft or seizure, or an exercise of the power of requisition or condemnation or the threat or Imminence thereof) of property used in the trade...conversions, such gains and losses shall be considered as galna and losses from sales or exchanges of capital assets held for more than 6 months. If such gains... | |
| 1977 - 1802 pages
...in part, theft or seizure, or an exercise of the power of requisition or condemnation or the threat or Imminence thereof) of property used in the trade...from such sales, exchanges, and conversions, such [rains and losses shall be considered as gains and losses from sales or exchanges of capital assets... | |
| 1969 - 756 pages
...Chapter I more than в months Into other property or money, exceed the recognized losses from euch sales, exchanges, and conversions, such gains and...or exchanges of capital assets held for more than в months. If such gains do not exceed such losses, such gains and losses shall not be considered as... | |
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