...section 248) of subchapter B. (5) Long-term capital gains. There shall be allowed as a deduction the excess of the net long-term capital gain for the taxable...over the net short-term capital loss for such year, minus the taxes imposed by this subtitle attributable to such excess. The taxes attributable to such...

...taxable income for the taxable year ended December 31, 1956, only the loss of $25,000 arising from the sale or exchange of capital assets during that...attributable to such excess is the difference between: (i) The taxes (except the accumulated earnings tax) imposed by subtitle A of the Code for such year,...

...taxable income for the taxable year ended December 31, 1956, only the loss of $25,000 arising from the sale or exchange of capital assets during that...attributable to such excess is the difference between— (i) The taxes (except the accumulated earnings tax) imposed by subtitle A of the Code for such year,...

...accumulated taxable income for the taxable year ended December 31, 1956, only the loss of K5,000 arising from the sale or exchange of capital assets during that...section 1212) minus the taxes attributable to such «cess as provided by section 535(b)(6). The tax attributable to such excess is the difference between:...

...(1) is allowed as a deduction in computing accumulated taxable '"come, the excess of the net longlerm capital gain for the taxable year over the net short-term...the accumulated earnings tax) imposed by subtitle Л of the Code for such year, and (ii) The taxes (except the accumulated earnings tax) imposed by subtitle...

...the sale or exchange of capital assets during that taxable year will be allowed as a deduction. (0 Long-term capital gains. (1) There is allowed as a...attributable to such excess as provided by section 535(b)(6î. The tax attributable to such excess is the difference between: (i) The taxes (except the...

...deductions under section 1211 (a). (6) Long-term capital gains. There shall be allowed as a deduction the excess of the net long-term capital gain for the taxable...carryover provided In section 1212) minus the taxes Imposed by this subtitle attributable to such excess. The taxes attributable to such excess shall be...

...deductions under section 1211 (a). (6) Long-term capital gains. There shall be allowed as a deduction the excess of the net long-term capital gain for the taxable...year (determined without regard to the capital loss carryback or carryover provided In section 1212) minus the taxes Imposed by this subtitle attributable...

...net capital gain (net section 1201 gain for taxable years beginning before January 1, 1977) means the excess of the net long-term capital gain for the taxable...over the net short-term capital loss for such year. Г D 6500, 25 FR 12004, Nov. 26, I960, as amended by Т.О. 6828, 30 PR 7808, June 17, 1965; TD 6867....

...of the Code. (d) Long-term capital gains. (1) There is allowed as a deduction the ex§1.545-2 cess of the net long-term capital gain for the taxable...over the net shortterm capital loss for such year, minus the taxes attributable to such excess, as provided in section 545 (b) (5). (2) Section 631 (c)...