| United States. Court of Claims, Audrey Bernhardt - 1958 - 910 pages
...states: 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, * * *. Defendant says that section 113 (a) (2) applies even where the value of the gift was included... | |
| Philippines - 1981 - 138 pages
...was acquired by inheritance. If the 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... | |
| 1921 - 888 pages
...December 31, 1920, the basis 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 - 1921 - 642 pages
...after December 31, 1920, the 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... | |
| John Harold Sears - 1922 - 732 pages
...to such property acquired by 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... | |
| Emerson Emanuel Rossmoore - 1922 - 592 pages
...property, acquired by gift after 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... | |
| United States - 1922 - 756 pages
...property, acquired by gift after 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... | |
| Irving Bank. Columbia Trust Company - 1923 - 148 pages
...property, acquired by gift after 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... | |
| James Irwin Tucker - 1923 - 360 pages
...acquired by gift subsequent to December 31, 1920, the basis shall be the same as it would have been in the hands of the donor, or the last preceding owner by whom it was not acquired by gift. 161. EXCHANGE OF PROPERTY.— £ain or loss is realized only when, as the result of a transaction between... | |
| United States. Internal Revenue Service - 1924 - 396 pages
...(2) 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. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
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