No gain or loss shall be recognized If property is transferred to a corporation by one or more persons solely In exchange for stock or securities in such corporation, and Immediately after the exchange such person or persons are in control of the corporation... Internal Revenue Cumulative Bulletin - Page 86by United States. Internal Revenue Service - 1977Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1959 - 1028 pages
...Exchanges solely In kind — "(5) Transfer to corporation controlled by transferor. No gain or loss shall be recognized If property Is transferred to a corporation...the exchange such person or persons are In control of the corporation ; but In the case of an exchange by two or more persons I Ms paragraph shall apply... | |
| United States. Court of Claims, Audrey Bernhardt - 1955 - 928 pages
...under section 112 (b) (5) of the Revenue Act of 1928. This section provides : No gain or loss shall be recognized if property is transferred to a corporation...exchange for stock or securities in such corporation, * * * [Emphasis supplied.] In order for plaintiffs to come within this section they must show that... | |
| United States. Internal Revenue Service - 1924 - 396 pages
...stock or securities iu another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation...persons solely in exchange for stock or securities in Buch corporation, and immediately after the exchange such person or persons are in control of the corporation;... | |
| John F. Sherwood - 1925 - 206 pages
...stock or securities in another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation...the exchange such person or persons are in control of the corporation ; but in the case of an exchange by two or more persons this paragraph shall apply... | |
| Irving Bank-Columbia Trust Company - 1925 - 152 pages
...stock or securities in another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation...the exchange such person or persons are in control of the corporation; but in the case of an exchange by two or more persons this paragraph shall apply... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...stock or securities in another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation...the exchange such person or persons are in control of the corporation ; but in the case of an exchange by two or more persons this paragraph shall apply... | |
| Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...corporation. (c) If property, real, personal, or mixed, is transferred to a corporation ( 1 ) by one person solely in exchange for stock or securities in such...corporation, and immediately after the exchange such person is in control of the corporation, or (2) by two or more persons, solely in exchange for stock or securities... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...the reorganization. (5) TRANSFER TO CORPORATION CONTROLLED BY TRANSFEROR. — No gain or loss shall be recognized if property is transferred to a corporation...the exchange such person or persons are in control of the corporation; but in the case of an exchange by two or more persons this paragraph shall apply... | |
| Eric Louis Kohler - 1927 - 618 pages
...stock or securities in another corporation a party to the reorganization. (4) No gain or loss shall be recognized if property is transferred to a corporation...the exchange such person or persons are in control of the corporation; but in the case of an exchange by two or more persons this paragraph shall apply... | |
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