 | United States. Court of Claims, Audrey Bernhardt - 1958 - 910 pages
...December 31, 1920, the same as the basis which the property would have in the hands of the donor or the last preceding owner by whom it was not acquired by gift." 130 C. Cls. Findings of Fact It therefore necessarily appears that the only conclusion which we can... | |
 | Philippines - 1981 - 138 pages
...property was acquired by gift the basis shall be the same as it would be in the hands of the donor, or the last preceding owner by whom it was not acquired by gift, except that if such basis is greater than the fair market value of the property at the time of the... | |
 | United States. Congress. House. Committee on Ways and Means - 1921 - 292 pages
...clearly expressed to treat a donee of property acquired by gift on " the same basis " as " the donor or the last preceding owner by whom it was not acquired by gift." In the absence of these words, and assuming that the other portions of HR 14198 were enacted into law,... | |
 | 1921 - 888 pages
...for computing gain or loss shall be the same as the property would have in the hands of the donor or the last preceding owner by whom it was not acquired by gift. If the facts necessary to determine the cost or other basis are unknown to the donee, the commissioner... | |
 | United States. Congress. Senate. Committee on Finance - 1921 - 836 pages
...word " acquired, " on page 1, line 5, will be found the words ''by the vendor (or in case of gift, by the last preceding owner by whom it was not acquired by gift)." This language is inserted for the purpose of carrying out the thought expressed in lines'5 to 8 on... | |
 | National City Company - 1921 - 104 pages
...basis in the hands of the donor, if such donor did not acquire the property by gift, or in the hands of the last preceding owner by whom it was not acquired by gift If the gift was on or before December 31, 1920, the basis, is the fair market price or value of the... | |
 | United States - 1921 - 642 pages
...basis shall be the same as that which it would have in in'nano!s of donor. the hands of the donor or the last preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
...December 31, 1920, the basis shall be the same as that which it would have in the hands of the donor or the last preceding owner by whom it was not acquired by gift. . . ." PROBLEM 18 Illustrating Basis for Determining the Gain Derived or Loss Sustained from the Sale... | |
 | United States - 1922 - 756 pages
...December 31, 1920, the basis shall be the same as that which it would have in the hands of the donor or the last preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | John Harold Sears - 1922 - 732 pages
...gift after December 31, 1920, the basis is the same that it would have in the hands of the donor, or the last preceding owner by whom it was not acquired by gift. 3. As to such property acquired by gift on or before December 31, 1920, the basis is the fair market... | |
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If the property was acquired by gift after December 31, 1920, the basis shall be the same as it would be in the hands of the donor or the last preceding owner by whom it was not acquired by gift... 
