 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...taxpayer— (A) if the basis of the property in the hands of the taxpayer is, under section 113 (a), determined by reference to the basis in the hands of the transferor, donor, or grantor, then the depletion allowance in respect of the property shall be computed with or... | |
 | United States - 1965 - 1110 pages
...acquiring corporation, Is determined tv reference to the basis in the hands of the transferor ccrporation, and the principal purpose for which such acquisition was made is evasion or avoidance of Federal {268 Page 5055 5270 income tax by securing the benefit of a deduction, credit, or other allowance which... | |
 | United States. Internal Revenue Service - 1962 - 786 pages
...acquired the old property. Gifts of Property. If you receive a gift of property, and if your basis is determined by reference to the basis in the hands of the donor (see Chapter 27), the first day of your holding period is the same date which die donor used... | |
 | United States. Congress. Senate. Committee on Finance - 1944 - 1198 pages
...Commissioner finds that one of the principal purposes for which such acquisition was made or availed of is the avoidance of Federal income or excess profits tax...benefit of a deduction, credit, or other allowance, then such deduction, credit, or other allowance shall not be allowed." The Commissioner is further... | |
 | United States. Congress. Senate. Committee on Finance - 1944 - 1194 pages
...Commissioner finds that one of the principal purposes for which such acquisition was made or availed of is the avoidance of Federal income or excess profits tax...benefit of a deduction, credit, or other allowance, then such deduction, credit, or other allowance shall not be allowed." The Commissioner is further... | |
 | United States. Congress. Senate. Committee on Finance - 1944 - 1196 pages
...Commissioner finds that one of the principal purposes for which such acquisition was made or availed of is the avoidance of Federal income or excess profits tax...benefit of a deduction, credit, or other allowance, then such deduction, credit, or other allowance shall not be allowed." The Commissioner is further... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...(1) any person or persons acquire, on or after October 8, 1940, directly or indirectly, control of a corporation * * * and the principal purpose for which...was made is evasion or avoidance of Federal income * * * tax by securing the benefit of a deduction, credit, or other allowance which such person * *... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...(1) any person or persons acquire, on or after October 8, 1940, directly or indirectly, control of a corporation * * * and the principal purpose for which...was made is evasion or avoidance of Federal income * * * tax by securing the benefit of a deduction, credit, or other allowance which such person * *... | |
 | United States. Internal Revenue Service - 1945 - 2272 pages
...corporation or its stockholdere, the basis of which property, in the hands of the acquiring corporation, is determined by reference to the basis in the hands of the transferor corporation. 10—UILB-I For the purpose of the above, control means f ! < ownership of stock possessing at least... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...(1) any person or persons acquire, on or after October 8, 1940, directly or indirectly, control of a corporation * * * and the principal purpose for which...was made is evasion or avoidance of Federal income * * * tax by securing the benefit of a deduction, credit, or other allowance which such person * *... | |
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In the hands of the transferor corporation, and the principal purpose for which such acquisition was made Is evasion or avoidance of Federal Income tax by securing the benefit of a deduction, credit, or other allowance which such person or corporation... 
