 | United States. Supreme Court - 1953 - 874 pages
..."(a) DEFINITIONS. — As used in this chapter — "(1) CAPITAL ASSETS. — The term 'capital assets' means property held by the taxpayer (whether or not...with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the... | |
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 908 pages
...trade or business." Capital assets are defined by section 117 of the Internal Revenue Code of 1939 as "property held by the taxpayer (whether or not connected...with; his trade or business), but does not include * * * property held by the taxpayer primarily for sale to customers in the ordinary course of his trade... | |
 | Wisconsin - 1935 - 1308 pages
...asset has been held for more than 10 years. 2. For the purposes of this paragraph, "capital assets" means property held by the taxpayer (whether or not...with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the... | |
 | Wisconsin - 1935 - 1310 pages
...asset has been held for more than 10 years. 2. For the purposes of this paragraph, "capital assets" means property held by the taxpayer (whether or not...with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...for more than two years (whether or not connected with his trade or business:), but does not include stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sals in the course of his trade or business. (b) In the case of any taxpayer (other than a corporation)... | |
 | John F. Sherwood - 1925 - 206 pages
...for more than two years (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business. (b) In the case of any taxpayer (other than a corporation)... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...for more than two years (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business. (b) In the case of any taxpayer (other than a corporation)... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...for more than two years (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business. (b) In the case of any taxpayer (other than a corporation)... | |
 | Eric Louis Kohler - 1927 - 618 pages
...for more than two years (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business. In determining the period for which the taxpayer has... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...for more than two years (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business. In determining the period for which the taxpayer has... | |
| |
Stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary... 
