 ... has the effect of the distribution of a taxable dividend, then there shall be taxed as a dividend to each distributee such an amount of the gain recognized under paragraph (1) as is not in excess of his ratable share of the undistributed earnings...  Reports of the U.S. Board of Tax Appeals - Page 578by United States. Board of Tax Appeals - 1934Full view - About this book
 | United States. Congress. Senate. Committee on Finance - 1924 - 468 pages
...shall be taxed as a dividend to the distributee such an amount of the gain recognized under section 203 as is not in excess of his ratable share of the undistributed..."The remainder, if any, of the gain recognized under section 203 shall be taxed as a gain from the exchange of property. "In the case of a distribution... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...dividend, such an amount of the gain recognized under this article as is not in excess of the distributee's ratable share of the undistributed earnings and profits...the corporation accumulated after February 28, 1913; (2) as a gain from the exchange of property, the remainder of the gain recognized under this paragraph.... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...the effect of the distribution of a taxable dividend, then there shall be taxed as a dividend to each distributee such an amount of the gain recognized...be taxed as a gain from the exchange of property. SEC. 203. (e) If an exchange would be within the provisions of paragraph (3) of subdivision (b) if... | |
 | John F. Sherwood - 1925 - 206 pages
...the effect of the distribution of a taxable dividend, then there shall be taxed as a dividend to each distributee such an amount of the gain recognized...be taxed as a gain from the exchange of property. change consists not only of stock or securities permitted by such paragraph to be received without... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...dividend, such an amount of the gain recognized under this article as is not in excess of the distributee's ratable share of the undistributed earnings and profits...the corporation accumulated after February 28, 1913; (2) as a gain from the exchange of property, the remainder of the gain recognized under this paragraph.... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...the effect of the distribution of a taxable dividend, then there shall be taxed as a dividend to each distributee such an amount of the gain recognized...be taxed as a gain from the exchange of property. (d) Same — Gain of corporation. — If an exchange would be within the provisions of subsection (b)(4)... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...the effect of the distribution of a taxable dividend, then there shall be taxed as a dividend to each distributee such an amount of the gain recognized under paragraph (1) as is not in excess of his rateable share of the undistributed earnings and profits of the corporation accumulated after February... | |
 | United States - 1928 - 268 pages
...the effect of the distribution of a taxable dividend, then there shall be taxed as a dividend to each distributee such an amount of the gain recognized...be taxed as a gain from the exchange of property. (d) Same — Gain of corporation. — If an exchange would be within the provisions of subsection (b)... | |
 | Robert Hiester Montgomery - 1925 - 1928 pages
...dividend, such an amount of the gain recognized under this article as is not in excess of the distributee's ratable share of the undistributed earnings and profits...the corporation accumulated after February 28, 1913 ; (2) as a gain from the exchange of property, the remainder of the gain recognized under this paragraph.... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...such an amount of the gain recognized under this paragraph as is not in excess of the distributee's ratable share of the undistributed earnings and profits...the corporation accumulated after February 28, 1913, and (2) as a gain from the exchange of property, the remainder of the gain recognized under this paragraph.... | |
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