 | United States. Court of Claims - 1937
...stock or securities in such corporation or in another corporation a party to the reorganization. ***** (c) Gain from, exchanges not solely in kind. — (1)...provisions of subsection (b) (1), (2), (3), or (5) of this section if it were not for the fact that the property received in exchange consists not only... | |
 | United States. Internal Revenue Service - 1924 - 363 pages
...If an exchange would be within the provisions of paragraph (1), (2), or (4) of subdivision (b) if it were not for the fact that the property received in...consists not only of property permitted by such paragraph to be received without the recognition of gain, but also of other property or money, then the gain,... | |
 | Irving Bank-Columbia Trust Company - 1925 - 143 pages
...exchange would be within the provisions of paragraph (1), (2), (3), or (4) of subdivision (b) if it were not for the fact that the property received in...consists not only of property permitted by such paragraph to be received without the recognition of gain or loss, but also of other property or money, then no... | |
 | John F. Sherwood - 1925 - 205 pages
...exchange would be within the provisions of paragraph (1), (2). (3). or (4) of subdivision (b) if it were not for the fact that the property received in...consists not only of property permitted by such paragraph to be received without the recognition of gain or loss, but also of other property or money, then no... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 549 pages
...exchange would be within the provisions of paragraph (1), (2), (3), or (4) of subdivision (b) if it were not for the fact that the property received in...consists not only of property permitted by such paragraph to be received without the recognition of gain or loss, but also of other property or money, then no... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927
...received by each is substantially in proportion to his interest in the property prior to the exchange. (c) Gain from exchanges not solely in kind. — (1)...exchange would be within the provisions of subsection (b)(l), (2), (3). or (5) of this section if it were not for the fact that the property received in... | |
 | United States - 1928 - 247 pages
...received by each is substantially in proportion to his interest in the property prior to the exchange. (c) Gain from exchanges not solely in kind. — (1)...provisions of subsection (b) (1), (2), (3), or (5) of this section if it were not for the fact that the property received in exchange consists not only... | |
 | United States. Internal Revenue Service - 1931 - 491 pages
...received by each is substantially in proportion to his interest in the property prior to the exchange. (c) Gain from exchanges not solely in kind. — (1)...provisions of subsection (b) (1), (2), (3), or (5) of thisi section if it were not for the fact that the property received in exchange consists not only... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1933 - 423 pages
...received by each is substantially in proportion to his interest in the property prior to the exchange. (c) Gain from exchanges not solely in kind.— (1)...provisions of subsection (b) (1), (2), (3), or (5) of this section if it were not for the fact that the property received in exchange consists not only... | |
 | United States. Board of Tax Appeals - 1933
...shall be recognized, except as hereinafter provided in this section. ******* (c) Gain from excJianaes not solely in kind. — • (1) If an exchange would...provisions of subsection (b) (1), (2), (3), or (5) of this section if it were not for the fact that the property received in exchange consists not only... | |
| |
... to be received without the recognition of gain, but also of other property or money, then the gain, if any, to the recipient shall be recognized, but in an amount not in excess of the sum of such money and the fair market value of such other property. 
