 | United States - 1921 - 642 pages
...the full fiscal year. CAPITAL GAIN. SEC 2Q6. (a) That for the purpose of this title : (j) The term "capital gain" means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921; (2) The term "capital loss" means deductible loss resulting... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
...500 Capital gain $16,500 REFERENCE : Sec. 206 (a) : "That for the purpose of this title: (1) The term 'capital gain' means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921." FACTS: PROBLEM 48 Illustrating Capital Loss sold for $30,000... | |
 | United States - 1922 - 756 pages
...referred to. is § 5555 herein. § 5521. Capital gain. — (a) For the purpose of this title: (1) The term "capital gain" means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921; (2) The term "capital loss" means deductible loss resulting... | |
 | United States. Congress. House. Committee on Ways and Means - 1923 - 30 pages
...and in the manner provided in sections 210 and 211, and the total tax shall be this amount minus 12J per centum of the capital net loss ; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
 | James Irwin Tucker - 1923 - 360 pages
...treatment follows. 149. DEFINITIONS.— Let us now examine the essential definitions given in Regulations. (1) "Capital Gain" means taxable gain from the sale or exchange of Capital Assets consummated after December 31, 1921 ; (2) "Capital Loss" means deductible loss resulting from... | |
 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...the full fiscal year. CAPITAL GAIN. Sec. 20C. (a) That for the purpose of this title: (1) The term "capital gain" means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921; (2) The term "capital loss" means deductible loss resulting... | |
 | Irving Bank. Columbia Trust Company - 1923 - 148 pages
...to the full fiscal year. CAPITAL GAIN SEC. 206. (a) That for the purpose of this title: (1) The term "capital gain" means taxable gain from the sale or exchange of capital assets consummated after December 31, 1921; (2) The term "capital loss" means deductible loss resulting... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...and in the manner provided in sections 210 and 211, and the total tax shall be this amount minus Y'l per centum of the capital net loss: but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
 | Eric Louis Kohler - 1924 - 514 pages
...to the full fiscal year. CAPITAL GAIN Sec. 206. (a) That for the purpose of this title: (1) The term "capital gain" means taxable gain from the sale or exchange of capital assets consummated after December 31,1921; (3) The term "capital deductions" means such deductions... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...in the manner provided in sections 210 and 211, and the total tax shall be this amount minus 12 J^ per centum of the capital net loss; but in no case shall the tax under this subdivision be less than the taxes imposed by sections 210 and 211 computed without regard... | |
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... this title, a tax determined as follows: a partial tax shall first be computed upon the basis of the ordinary net income at the rates and in the manner as if... 
