 | United States. Board of Tax Appeals - 1939 - 1380 pages
...statute. We therefore hold that the petitioner did not have income in the taxable year represented by the difference between the option price and the fair market value of the stock in the corporation. JOHN D. FACKLER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.... | |
 | United States - 1965 - 1110 pages
...taxable year in which such option is exercised, an amount equal to the lesser of — (A) 150 percent of the difference between the option price and the fair market value of the share at the time the option was granted, or Page 5120 (B) the difference between the option price and the fair market... | |
 | United States - 1953 - 1744 pages
...amount equal to the amount (if any) by which the option price is exceeded by the lesser of — (1) the fair market value of the share at the time of such disposition or death, or (2) the fair market value of the share at the time the option was granted.... | |
 | 1969 - 388 pages
...considered to have been met, but there shall be included as compensation (and not as gain upon the sale or exchange of a capital asset) in his gross...price and the fair market value of the share at the tune of such exercise. The basis of the share acquired shall be increased by an amount equal to the... | |
 | 1991 - 1096 pages
...of—(a) 150 percent of the difference between the option price and the fair market value of the stock at the time the option was granted, or (b) the difference...the option price and the fair market value of the stock at the time of such exercise. The basis of the stock acquired shall be increased by an amount... | |
 | 1976 - 412 pages
...which such option le exercised, an amount equal to the lesser of — (A) 150 percent of the différence between the option price and the fair market value of the share at the time the option was granted, or (B) The difference between the option price and the fair market value of... | |
 | 1974 - 544 pages
...market value ol the share at the time the option was granted, or (B) The difference between the optlot price and the fair market value of the share at the time of such exerclse. The basis of the share acquired shall be Increased by an amount equal to the amount Included... | |
 | 2007 - 912 pages
...purchase any property is, similarly, the price at which the option could be sold, consisting generally of the difference between the option price and the fair market value of the property, taking proper account of any restrictions upon the transfer of the option. (4) Fair market... | |
 | 1977 - 466 pages
...taxable year in which such option is exercised, an amount equal to the lesser of— (a) 150 percent of the difference between the option price and the fair market value of the stock at the time the option was granted, or (6) the difference between the option price and the fair... | |
 | 1989 - 1090 pages
...exceeded by the lesser of the fair market value of the share at the time the option was granted or the fair market value of the share at the time of such disposition or death. However, In the case of a variable price option (as defined by section 424(c)(2)... | |
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... of the difference between the option price and the fair market value of the... 
