No gain or loss shall be recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control of the corporation... Reports of the Tax Court of the United States - Page 111by United States. Tax Court - 1954Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1955 - 928 pages
...the Revenue Act of 1928. This section provides : No gain or loss shall be recognized if property is transferred to a corporation by one or more persons...exchange for stock or securities in such corporation, * * * [Emphasis supplied.] In order for plaintiffs to come within this section they must show that... | |
| United States. Internal Revenue Service - 1924 - 396 pages
...another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in Buch corporation, and immediately after the exchange such person or persons are in control of the corporation;... | |
| John F. Sherwood - 1925 - 206 pages
...another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation by one or more persons...person or persons are in control of the corporation ; but in the case of an exchange by two or more persons this paragraph shall apply only if the amount... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation by one or more persons...person or persons are in control of the corporation ; but in the case of an exchange by two or more persons this paragraph shall apply only if the amount... | |
| Irving Bank-Columbia Trust Company - 1925 - 152 pages
...another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation by one or more persons...person or persons are in control of the corporation; but in the case of an exchange by two or more persons this paragraph shall apply only if the amount... | |
| Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...corporation. (c) If property, real, personal, or mixed, is transferred to a corporation ( 1 ) by one person solely in exchange for stock or securities in such...corporation, and immediately after the exchange such person is in control of the corporation, or (2) by two or more persons, solely in exchange for stock or securities... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...TRANSFER TO CORPORATION CONTROLLED BY TRANSFEROR. — No gain or loss shall be recognized if property is transferred to a corporation by one or more persons...person or persons are in control of the corporation; but in the case of an exchange by two or more persons this paragraph shall apply only if the amount... | |
| Eric Louis Kohler - 1927 - 618 pages
...another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation by one or more persons...person or persons are in control of the corporation; but in the case of an exchange by two or more persons this paragraph shall apply only if the amount... | |
| Harrison B. Spaulding - 1927 - 336 pages
...solely for preferred stock in the same corporation.1 (3) No gain or loss is recognized if property is transferred to a corporation by one or more persons...the exchange such person or persons are in control (that is, have the ownership of at least 80 % of the voting 1 See Revenue Act of 1924, Section 208.... | |
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