| United States. Internal Revenue Service - 1924 - 396 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in sectitm 204. (c) Amounts distributed in complete liquidation of a corporation... | |
| United States. Congress. Senate. Committee on Finance - 1924 - 468 pages
...any, from subsequent sale of the stock) and by adding to the preceding portion thereof the following: "but any such tax-free distribution shall be applied against and reduce the basis of the stock provided in section 204." Section 201 (c) of the revenue act of 1924 proposes new... | |
| John F. Sherwood - 1925 - 206 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation... | |
| Irving Bank-Columbia Trust Company - 1925 - 152 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...of 1924. Act of 1921. Act of 1918. or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 204.20 SEC. 201. (c) Amounts distributed in complete liquidation... | |
| Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation... | |
| Harrison B. Spaulding - 1927 - 336 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 113. (c) Distributions in liquidation. — Amounts distributed... | |
| Eric Louis Kohler - 1927 - 618 pages
...Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation... | |
| Wisconsin - 1927 - 1052 pages
...earnings or profits accumulated, or increase in value of property accrued', before January 1, 1911, may be distributed exempt from tax, after the earnings and profits accumulated after January 1, 1911, have been distributed, but any such tax-free distribution shall be applied against... | |
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