 ... the principal purpose for which such acquisition was made is evasion or avoidance of Federal income tax by securing the benefit of a deduction, credit, or other allowance which such person or corporation would not otherwise enjoy, then such deduction,...  Reports of the Tax Court of the United States - Page 850by United States. Tax Court - 1961Full view - About this book
 | United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
...for which such acquisition was made Is evasion or avoidance of Federal Income or excess profits tax by securing the benefit of a deduction, credit, or...deduction, credit, or other allowance shall not be allowed. • • • 878 Opinion of the Court On the other hand, the Government may not be required to acquiesce... | |
 | 1939 - 1522 pages
...acquisition was made must have been the evasion or avoidance of Federal income or excess profits tax by securing the benefit of a deduction, credit, or...such person or corporation would not otherwise enjoy. The principal purpose actuating the acquisition must have been to secure the benefit which such person... | |
 | United States - 1953 - 1744 pages
...for which such acquisition was made is evasion or avoidance of Federal income or excess profits tax by securing the benefit of a deduction, credit, or...deduction, credit, or other allowance shall not be allowed. For the purposes of clauses (1> and (2), control means the ownership of stock possessing at least 50... | |
 | United States - 1988 - 1290 pages
...and (D) the principal purpose for such liquidation is the evasion or avoidance of Federal income tax by securing the benefit of a deduction, credit, or other allowance which the acquiring corporation would not otherwise enjoy, then the Secretary may disallow such deduction,... | |
 | 1944 - 1344 pages
...for which such acquisition was made is evasion or avoidance of Federal income or excess profits tax by securing the benefit of a deduction, credit, or...deduction, credit, or other allowance shall not be allowed. For the purposes of clauses (1) and (2), control means the ownership-of stock possessing at least 50... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...principal purpose for which such acquisition was made is evasion or avoidance of Federal income * * * tax by securing the benefit of a deduction, credit, or other allowance which such person * * * would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed.... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...principal purpose for which such acquisition was made is evasion or avoidance of Federal income * * * tax by securing the benefit of a deduction, credit, or other allowance which such person * * * would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed.... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...principal purpose for which such acquisition was made is evasion or avoidance of Federal income * * * tax by securing the benefit of a deduction, credit, or other allowance which such person * * * would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed.... | |
 | 1975 - 424 pages
...principal purpose for which such acquisition was made Is evasion or avoidance of Federal Income tax by securing the benefit of a deduction, credit, or...deduction, credit, or other allowance shall not be allowed. For purposes of paragraphs (1) and (2), control means the ownership of stock possessing at least 50... | |
 | 1976 - 460 pages
...principal purpose for which such acquisition was made is evasion or avoidance of Federal income tax by securing the benefit of a deduction, credit, or...deduction, credit, or other allowance shall not be allowed. For purposes of paragraphs (1) and (2), control means the ownership of stock possessing at least 50... | |
| |
