 | United States. Court of Claims, Audrey Bernhardt - 1955 - 928 pages
...was absolutely worthless at the time of the alleged reorganization. Section 112 (b) (3) provides : No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. [Emphasis supplied.] It is our opinion that the term "exchange" in this context, connotes... | |
 | United States. Court of Claims - 1944 - 960 pages
...203. Subdivision (b) (2) of section 203, on which plaintiffs rely, deals with a case where "stock or securities in a corporation a party to a reorganization...corporation or in another corporation a party to the reorganization." Under these sections plaintiffs can add to the period plaintiff SH Berch had held... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...Airr. 1575. Exchanges in reorganizations for stock or securities and other property or money. — («) If stock or securities in a corporation a party to...pursuance of the plan of reorganization, exchanged for (1) stock or securities in such corporation or in another corporation a party to the reorganization,... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | John F. Sherwood - 1925 - 206 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | 1926 - 552 pages
...the subsequent Revenue Acts. Section 203 (b) (2) of the Revenue Act of 1924" provides as follows: "No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization." The Revenue Acts of 19189 and 192110 contain similar provisions except that under... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...ART. 1575. Exchanges in reorganizations for stock or securities and other property or money. — (a) If stock or securities in a corporation a party to...pursuance of the plan of reorganization, exchanged for ( 1 ) stock or securities in such corporation or in another corporation a party to the reorganization,... | |
 | Wisconsin - 1927 - 1062 pages
...income of any kind derived from any source whatever except such as hereinafter exempted. (i) 1. No gain or loss shall be recognized if stock or securities...another corporation a party to the reorganization. 2. No gain or loss shall be recognized if a corporation a party to a reorganization exchanges property,... | |
 | Wisconsin - 1927 - 1052 pages
...income of any kind derived from any source whatever except such as hereinafter exempted. (i) 1. No gain or loss shall be recognized if stock or securities...another corporation a party to the reorganization. 2. No gain or loss shall be recognized if a corporation a party to a reorganization exchanges property,... | |
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No gain or loss shall be recognized if stock or securities in a corporation a party to a reorganization are, in pursuance of the plan of reorganization, exchanged solely for stock or securities in such corporation or in another corporation a party to... 
