capital assets' means property held by the taxpayer (whether or not connected 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 inventory of the taxpayer... Reports of the Tax Court of the United States - Page 330by United States. Tax Court - 1961Full view - About this book
| United States. Supreme Court - 1953 - 874 pages
...as defined in fi 117 (j) and that she is entitled to capital gains treatment under that sec«"SEC. 117. CAPITAL GAINS AND LOSSES. "(a) DEFINITIONS. —...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 - 1962 - 964 pages
...States, 144 C. Cls. 75; Rolling-wood Corp. v. Commissioner, 190 F.2d 1 Internal Revenue Code of 1939 : "5 117. Capital gains and losses — (a) Definitions....trade or business), but does not include — "(A) 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... | |
| United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
..."property * The store at Wynne, Arkansas, baa continued In operation. •The term "capital assets" mean* property held by the taxpayer (whether or not connected with his trade or business), bat does not include • • • property, nsed in the trade or business, of a character which la subject... | |
| United States. Court of Claims - 1938 - 834 pages
...capital deductions. (8) "Capital assets" means property held by the taxpayer 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 a kind which would properly be included in the... | |
| Wisconsin - 1935 - 1308 pages
...centum if the capital asset has been held for more than 10 years. 2. For the purposes of this paragraph, "capital assets" means property held by the taxpayer...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
...centum if the capital asset has been held for more than 10 years. 2. For the purposes of this paragraph, "capital assets" means property held by the taxpayer...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 - 1921 - 642 pages
...capital assets." erty acquired and held by the taxpayer for profit or investment for more than two years (whether or not connected with his trade or business), but does not include property held for the personal use or consumption of the taxpayer or his family, or stock m trade of... | |
| 1922 - 500 pages
...denned as "property acquired and held by the taxpayer for profit or investment for more than two years (whether or not connected with his trade or business) but does not include property held for personal use or consumption of the taxpayer or his family, or stock in trade." Beginning... | |
| Emerson Emanuel Rossmoore - 1922 - 592 pages
...means "! property acquired and held by the taxpayer for profit or investment for more than two years (whether or not connected with his trade or business), but does not include property held for the personal use or consumption of the taxpayer or his family, or stock in trade... | |
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