 | United States. Court of Claims - 1937
...described in subdivision (b), (d), (e), or (f) of section 203, the basis shall be the same as in the case of the property exchanged, decreased in the amount...applicable to the year in which the exchange was made. * • •," Opinion of the Court exchange of property held for investment. But this was not a tax exemption... | |
 | United States. Internal Revenue Service - 1924 - 363 pages
...decreased in the amount of any money received by the taxpayer, and (2) increased in the amount of gain, or decreased in the amount of loss to the taxpayer...applicable to the year in which the exchange was made. Example. — A purchased a share of stock in the X company in 1918 for $100. Pursuant to a plan of... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 549 pages
...described in subdivision (b), (d), (e), or (f) of section 203, the basis shall be the same as in the case of the property exchanged, decreased in the amount...consisted in part of the type of property permitted by paragraph (1)^(2), (3), or (4) of subdivision (b) of section 203 to be received without the recognition... | |
 | John F. Sherwood - 1925 - 205 pages
...described in subdivision (b), (d), (e), or (f) of section 203, the basis shall be the same as in the case of the property exchanged, decreased in the amount...consisted in part of the type of property permitted by paragraph (1), (2), (3), or (4) of subdivisibn (b) of section 203 to be received without the recognition... | |
 | Irving Bank-Columbia Trust Company - 1925 - 143 pages
...described in subdivision (b), (d), (e), or (f) of section 203, the basis shall be the same as in the case of the property exchanged, decreased in the amount...consisted in part of the type of property permitted by paragraph (1), (2), (3), or (4) of subdivision (b) of section 203 to be received without the recognition... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927
...exchange described in section 112(b) to (e), inclusive, the basis shall be the same as in the case of the property exchanged, decreased in the amount...part of the type of property permitted by section 112(b) to be received without the recognition of gain or loss, and in part of other property, the basis... | |
 | United States - 1928 - 247 pages
...described in subdivision (b), (d), (e), or (f) of section 203, the basis shall be the same as in the case of the property exchanged, decreased in the amount...consisted in part of the type of property permitted by paragraph (1), (2), (3), or (4) of subdivision (b) of section 203 to be received without the recognition... | |
 | Robert Hiester Montgomery - 1925
...decreased in the amount of any money received by the taxpayer, and (2) increased in the amount of gain, or decreased in the amount of loss to the taxpayer...applicable to the year in which the exchange was made. Example. — A purchased a share of stock in the X company in 1918 for $100. Pursuant to a plan of... | |
 | United States. Internal Revenue Service - 1931 - 491 pages
...described in section 112 (b), (c), (d), or (e) (see articles 572-577), the basis is the same as in the case of the property exchanged, decreased in the amount...applicable to the year in which the exchange was made. Ewmple: A. purchased a share of stock in the X Corporation in 1919 for $100. Pursuant to a plan of... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1933 - 423 pages
...described in section 112 (b), (c), (d), or (e) (see articles 572-577), the basis is the same as in the case of the property exchanged, decreased in the amount...applicable to the year in which the exchange was made. Example: A purchased a share of stock in the X Corporation in 1923 for $100. Pursuant to a plan of... | |
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If the property was acquired, after February 28. 1913, upon an exchange described In section 112 (b) to (e). Inclusive, the basis shall be the same as In the case of the property exchanged, decreased In the amount of any money received by the taxpayer... 
