 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...  Internal Revenue Cumulative Bulletin - Page 227by United States. Internal Revenue Service - 1971Full view - About this book
 | United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
...as it appears in section 117 (a) (1) reads as follows: Capital Assets. — The term "capital assets" means property held by the taxpayer ( whether or not...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... | |
 | 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... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...deductions; and (8) The term "capital assets" means property held by the taxpayer for more than two years (whether or not connected with his trade or business),...stock in trade of the taxpayer or other property of CAPITAL GAIN. SEC. 206. (a) That for the purpose of this title : (1) The term "capital gain" means... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...and, held for any period of time, and all other property held by the taxpayer for more than two years (whether or not connected with his trade or business)...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... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...and held for any period of time, and all other property held by the taxpayer for more than two years (whether or not connected with his trade or business)...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... | |
 | United States. Internal Revenue Service - 1950 - 464 pages
...gain or loss from sales of capital assets is derived from sales of property defined as capital assets. The term capital asset means property held by the...with his trade or business), but does not include (1) stock in trade or other property which would properly be included in inventory if on hand at the... | |
 | 1951 - 984 pages
...sales of property defined by the Internal Revenue Code as capital assets. The term, capital assets, means property held by the taxpayer (whether or not...with his trade or business), but does not include (1) stork in trade or other property which would properly be included in inventory if on hand at the... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...than 10 years. (b) Definition of capital assets. — For the purposes of this title, "capital assets" means property held by the taxpayer (whether or not...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... | |
 | 1936 - 912 pages
...capital assets so as to take out there where it says: For the purpose of this title capital assets means property held by the taxpayer, whether or not...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 year, or... | |
 | 1924 - 1040 pages
...deductions*; and. (8) The term "capital assets" means property held by the taxpayer for more than two years +A2T 2 ; =6 < n Z 9 6 <^ i rx 7, S 풟 e3ԝ 2dz t~ E...n* E ,u g 7s& VO x !IJyϿ^4 [M = 0C X U (e 2 would properly be included in the inventory of the taxpayer if on hand at the close о f the taxable... | |
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