 | United States. Court of Claims - 1937 - 786 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...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 - 396 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 - 580 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 - 206 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 - 152 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... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 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... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...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... | |
 | Eric Louis Kohler - 1927 - 618 pages
...described in subdivision (b), (d), (e), or (/) 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... | |
 | Nathan William MacChesney - 1927 - 960 pages
...partially, recognized under Sections 1093 and 1094 supra), 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. . . .; (10) If the property was acquired as the result of a compulsory or involuntary conversion described... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...described in subdivision (6), (d), (e), or (/) of section 203, the basis shall be the same as in the case of the property exchanged, decreased in the amount...received by the taxpayer and increased in the amount of gam or decreased in the amount of loss to the taxpayer that was recognized upon such exchange under... | |
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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... 
