 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 750by United States. Tax Court - 1955Full view - About this book
 | United States. Court of Claims - 1947 - 806 pages
...more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control...his interest in the property prior to the exchange. The taxpayer says that his receipt of the stock was not a tax-free transaction because the stock of... | |
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 928 pages
...more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control...If the amount of the stock and securities received 129 C. CK Opinion of the Court 112 (b) (5) of that Act; that having satisfied the requirements of section... | |
 | United States. Court of Claims, Audrey Bernhardt - 1959 - 1028 pages
...more persons solely In exchange for stock or securities in such corporation, and Immediately after the exchange such person or persons are In control...In the case of an exchange by two or more persons I Ms paragraph shall apply only If the amount of the stock and securities received by each is substantially... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...more persons solely in exchange for stock or securities in Buch corporation, and immediately after the exchange such person or persons are in control...his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control...his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise... | |
 | John F. Sherwood - 1925 - 206 pages
...more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control...his interest in the property prior to the exchange. into property similar or related in service or use to the property so converted, or into money which... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...more persons solely In exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control...his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control...his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise... | |
 | Nathan William MacChesney - 1927 - 960 pages
...if immediately after the exchange such persons are in control of the corporation, and the amount of stock and securities received by each is substantially...his interest in the property prior to the exchange.* If, however, an exchange fails to come under the above provisions because of the fact that the property... | |
 | Wisconsin - 1927 - 1062 pages
...corporation by one or more persons solely in exchange for stock in such corporation, and immediately after the exchange such person or persons are in control of the corporation; but incase of an exchange by two or more persons this paragraph shall apply only if the amount of the stock... | |
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