| United States. Court of Claims, Audrey Bernhardt - 1962 - 964 pages
...within the provisions of section 117 (d) of the Revenue Act of 1934, which provided in part : "Losses from sales or exchanges of capital assets shall be allowed only to the extent of $2,000 plus the gains from such sales or exchanges." The Court held that the amount received from an... | |
| Wisconsin - 1935 - 1308 pages
...distributing corporation prior to the receipt of the stock or securities upon such distribution. 4. Losses from sales or exchanges of capital assets shall be allowed only to the extent of two thousand dollars plus the gains from such sales or exchanges. If a bank or trust company incorporated... | |
| Philippines - 1986 - 492 pages
...robbery, theft, or embezzlement giving rise to the loss (4) Capital losses — (A) Limitation. — Losses from sales or exchanges of capital assets shall be allowed only to the extent provided in Section 34. (B) Securities becoming worthless. — If securities as defined in Section... | |
| Wisconsin - 1935 - 1310 pages
...distributing corporation prior to the receipt of the stock or securities upon such distribution. 4. Losses from sales or exchanges of capital assets shall be allowed only to the extent of two thousand dollars plus the gains from such sales or exchanges. If a bank or trust company incorporated... | |
| United States. Congress. Senate. Committee on Finance - 1934 - 630 pages
...section (117 (d)) of the bill affecting limitation on capital losses is very brief and reads: "Losses from sales or exchanges of capital assets shall be allowed only to the extent of gains from such sales or exchanges." Another paragraph defines capital assets as " property held by... | |
| United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...sale or other disposition of which was not deductible. (d) LIMITATION ON CAPITAL LOSSES. — Losses from sales or exchanges of capital assets shall be allowed only to the extent of $2,000 plus the gains from such sales or exchanges. If a bank or trust company incorporated under the... | |
| United States. Internal Revenue Service - 1936 - 604 pages
...taxpayer has acquired substantially identical property, see section 118. (j) Capital losses. — Losses from sales or exchanges of capital assets shall be allowed only to the extent provided in section 117 (d). (k) Bad debts. — Debts ascertained to be worthless and charged off within... | |
| United States. Congress. Senate. Committee on Finance - 1939 - 1104 pages
...LOSSES. — The net income shall be computed without regard to section 117 (d) and (e), and lasses from sales or exchanges of capital assets shall be allowed only to the extent of $2,000 plus the gains from such sales or exchanges." (d) CAPITAL LOSSES OF DOMESTIC PERSONAL HOLDING... | |
| United States - 1939 - 780 pages
...and not compensated for by insurance or otherwise. (g) CAPITAL LOSSES. — (1) LIMITATION. — Losses from sales or exchanges of capital assets shall be allowed only to the extent provided in section 117. (2) SECURITIES BECOMING WORTHLESS. — If any securities (as defined in paragraph... | |
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