 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...distribution of $2,000 paid out of earnings and profits of the corporation accumulated prior to March 1,1913. The adjusted basis for determining the gain or loss from the sale or other disposition of the stock in 1932 is $5,000 less $2,000, or $3,000, and the amount of the gain... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...of this Act the basis shall be the same as the basis therein prescribed in the Revenue Act of 1934. (b) ADJUSTED BASIS. — The adjusted basis for determining...subsection (a) , adjusted as hereinafter provided. (1) GENERAL EULE. — Proper adjustment in respect of the property shall in all cases be made — (A)... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...applied in the case of a series of substituted bases. AST. 113(b)-l. Adjusted basis: General rule. — The adjusted basis for determining the gain or loss from the sale or other disposition of property, is the cost of such property or, in the case of such property as... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...in the amount of any money received by him, and increased in the amount of gain recognized to him. (b) ADJUSTED BASIS. — The adjusted basis for determining...subsection (a), adjusted as hereinafter provided. (1) GENERAL RULE. — Proper adjustment in respect of the property shall in all cases be made — (A)... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...this chapter the basis shall be the same as the basis therein prescribed in the Revenue Act of 1934. (b) ADJUSTED BASIS. — The adjusted basis for determining...the basis determined under subsection (a), adjusted ns hereinafter provided. (1) GENERAL RULE. — Proper adjustment in respect of the property shall in... | |
 | United States. Supreme Court - 1939 - 1032 pages
...excess of such basis over the amount realized. "Sec. 113. Adjusted Basis for Determining Gain or Loss. "(b) Adjusted Basis. — The adjusted basis for determining...subsection (a), adjusted as hereinafter provided. "(1) General Rule. — Proper adjustment in respect of the property shall in all cases be made —... | |
 | United States. Board of Tax Appeals - 1939 - 1380 pages
...•••••• (b) ADJUSTED BASIS. — The adjusted basis for determining tbe gain or loss from tbe sale or other disposition of property, whenever acquired,...subsection (a), adjusted as hereinafter provided. (1) GENERAL BULB. — Proper adjustment In respect of tbe property shall In all cases be made — «••••••... | |
 | 1941 - 1688 pages
...distribution of $2,000 paid out of earnings and profits of the corporation accumulated prior to March 1, 1913. The adjusted basis for determining the gain or loss from the sale or other disposition of the stock in 1939 is $5,000 less $2,000, or $3,000, and the amount of the sain... | |
 | 1939 - 1030 pages
...distribution of $2,000 paid out of earnings and profits of the corporation accumulated prior to March 1, 1913. The adjusted basis for determining the gain or loss from the sale or other disposition of the stock in 1936 is $5,000 less $2,000, or $3,000, and the amount of the gain... | |
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Adjusted Basis for Determining Gain or Loss. "(b) Adjusted Basis. — The adjusted basis for determining the gain or loss from the sale or other disposition of property, whenever acquired, shall be the basis determined under subsection (a), adjusted as... 
