...following amounts, reduced as provided in subsection (b) — (1) MONET PAID IN. — Money previously paid in for stock, or as paid-in surplus, or as a contribution to capital ; (2) PROPERTY PAID IN. — Property (other than money) previously paid in (regardless of...

...good faith for the purpose« of the taxpayer's business. A distribution by a corporation of its- clock or rights to acquire Its stock shall not be regarded...stock, or as paid-in surplus, or as a contribution to capital. For the purpose of determining the amount of property paid In for stock, or as paid-in...

...CAPITAL 1. Money paid tn for stock, or as paid-in surplus, or as a contribution to capital 8... 2. Property paid in for stock, or as paid-in surplus, or as a contribution to capital 3. Distributions of earnings and profits in stock of the corporation O) Adjustment for transferor's...

...of such day. The Ьасш or starting point it found in the amount of money and property previously paid in -for stock, or as paid-in surplus, or as A contribution to capital. The terms "money paid in" and "property paid in" do not include amount« received as premiums...

...capital was to be computed as the actual cash value at the time paid in to the corporation of cash or property paid in for stock, or as paid-in surplus, or as a contribution to capital. The current proposal provides that equity invested capital shall be computed as the cash...

...earnings plan is applied. Capital for this purpose includes the aggregate of the amounts of money and property paid in for stock, or as paid-in surplus, or as a contribution to capital after the beginning of the first taxable excess-profits tax year. It does not include earnings...

...paid in good faith for the purposes of the taxpayer's business. (d) Distributions to shareholders. x to capital, and such a distribution shall not be considered as a distribution by a corporation to its...

...the manner provided in section 718 (a) (2) . A distribution by the taxpayer to its shareholders in its stock or rights to acquire its stock shall not...stock, or as paid-in surplus, or as a contribution to capital. The amount ascertained under this paragraph shall be reduced by the excess, if any, of...

...of prior year transactions. The excess-profits tax returns require that one figu-e be filled in for "Property paid in for stock, or as paid-in surplus, or as a contribution to capital." and one for "Accumulated earnings and p-ofits" (schedule B. lines 2 and 4). Practic.'illy...

...of prior year transac tions. The excess-profits tax returns require that one figu-e be filled in fo "Property paid in for stock, or as paid-in surplus, or as a contribution to capital,' and one for "Accumulated earnings and profits" (schedule B. lines 2 arid 4) Practically...