... then the basis shall be the same as it would be in the hands of the transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer... United States Code - Page 3355by United States - 1953Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1955 - 928 pages
...property or money, in addition to such stock or securities), then the hasis shall be the same as it would be in the hands of the transferor, increased In the...applicable to the year in which the transfer was made: • • • 214 ' Opinion of the Court (6) or (7) of that Act, to the carryover bases of the stockholders... | |
| United States. Internal Revenue Service - 1924 - 396 pages
...interest or control in such property of 80 per centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in...the amount of loss recognized to the transferor upon :^uch transfer under the law applicable to the year in which the transfer was made; (8) If the property... | |
| Irving Bank-Columbia Trust Company - 1925 - 152 pages
...interest or control in such property of 80 per centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; (8) If the property (other than stock or securities in a corporation a party to a reorganization) was... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...of such property to the corporation was property or money in addition to such stock or securities), then the basis shall be the same as it would be in...applicable to the year in which the transfer was made ; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
| United States. Congress. House. Committee on Ways and Means - 1925 - 1154 pages
...interest or control in such property of 80 per cent or more remained in the same persons or any of them, then the basis shall be the same as it would be in...recognized to the transferor upon such transfer under the lawapplicable to the year in which the transfer was made. "(8) If the property (other than stock or... | |
| John F. Sherwood - 1925 - 206 pages
...interest or control in such property of 80 per centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in...the amount of loss recognized to the transferor upon s uch transfer under the law applicable to the year in which the transfer was made; (8) If the property... | |
| Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...determining gain or loss from the sale or other disposition of the property shall be the same as it would be in the hands of the transferor, increased in the...to the transferor upon such transfer under the law which was applicable to the year in which the transfer was made. Example. — A corporation owns property... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...of such property to the corporation was property or money, in addition to such stock or securities), then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; (9) TAX-FREE DISTRIBUTIONS. — If the property consists of stock or securities distributed after December... | |
| Eric Louis Kohler - 1927 - 618 pages
...of such property to the corporation was property or money in addition to such stock or securities) , then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
| Harrison B. Spaulding - 1927 - 336 pages
...of such property to the corporation was property or money in addition to such stock or securities), then the basis shall be the same as it would be in...applicable to the year in which the transfer was made ; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
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