 No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock in trade or other property held primarily for sale nor stocks, bonds, notes, choses in action, certificates of trust or...  Your Federal Income Tax for Individuals - Page 110by United States. Internal Revenue Service - 1975Full view - About this book
 | United States. Court of Claims - 1932 - 800 pages
...property held primarily for sale, and in the case of property held for investment not including stock. bonds, notes, choses in action, certificates of trust...securities or evidences of indebtedness or interest) , is exchanged for property of a like kind or use." Under the provisions of the revenue act of 1921,... | |
 | National Tax Association - 1922 - 622 pages
...in accordance with the recommendations of the Treasury. The revised section provides in effect that exchanges of stocks, bonds, notes, choses in action,...securities or evidences of indebtedness or interest shall constitute closed transactions, resulting immediately in taxable gain or deductible loss, except... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates...securities or evidences of indebtedness or interest) is exchanged solely for property of a like kind to be held either for productive use in trade or business... | |
 | United States - 1924 - 260 pages
...property held primarily for sale, and in the case of property held for investment not including stock, bonds, notes, choses in action, certificates of trust...securities or evidences of indebtedness or interest), is exchanged for property of a like kind or use.1 (2) When in the reorganization of one or more corporations... | |
 | Eric Louis Kohler - 1924 - 514 pages
...for sale, and in the case of property held for investment not including stock, bonds, notes, chases in action, certificates of trust or beneficial interest,...securities or evidences of indebtedness or interest), is exchanged for property of a like kind or use; (2) When in the reorganization of one or more corporations... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates...securities or evidences of indebtedness or interest) is exchanged solely for property of a like kind to be held either for productive use in trade or business... | |
 | John F. Sherwood - 1925 - 206 pages
...business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates...securities or evidences of indebtedness or interest) is exchanged solely for property of a like kind to be held either for productive use in trade or business... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...1916. 19 Act of 1913. for sale, and in the case of property held for investment not including stock, bonds, notes, choses in action, certificates of trust or beneficial interest, or other securities or evidence's of indebtedness or interest), is exchanged for property of a like kind or use." Act of 1924.... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates...securities or evidences of indebtedness or interest) is exchanged solely for property of a like kind to be held either for productive use in trade or business... | |
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