... 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 would not otherwise enjoy, then such deduction,... Internal Revenue Bulletin: Cumulative bulletin - Page 74by United States. Internal Revenue Service - 1967Full view - About this book
| United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
...purpose for which such acquisition was made Is evasion or avoidance of Federal Income or excess profits tax by securing the benefit of a deduction, credit,...person or corporation would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed. • • • 878 Opinion of the Court... | |
| 1939 - 1522 pages
...the acquisition was made must have been the evasion or avoidance of Federal income or excess profits tax by securing the benefit of a deduction, credit,...such person or corporation would not otherwise enjoy. The principal purpose actuating the acquisition must have been to secure the benefit which such person... | |
| United States - 1965 - 1110 pages
...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,...disallow such deduction, credit, or other allowance. Por purposes of paragraphs (1) and (2), control means the ownership of stock possessing at least 50... | |
| United States - 1953 - 1744 pages
...purpose for which such acquisition was made is evasion or avoidance of Federal income or excess profits such deduction, credit, or other allowance shall not be allowed. For the purposes of clauses (1> and... | |
| United States - 1988 - 1290 pages
...than 2 years after the acquisition date, and (D) the principal purpose for such liquidation is the evasion or avoidance of Federal income tax by securing...benefit of a deduction, credit, or other allowance which the acquiring corporation would not otherwise enjoy, then the Secretary may disallow such deduction,... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...or indirectly, control of a corporation * * * and the principal purpose for which such acquisition was made is evasion or avoidance of Federal income...deduction, credit, or other allowance which such person * * * would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed.... | |
| 1944 - 1344 pages
...purpose for which such acquisition was made is evasion or avoidance of Federal income or excess profits tax by securing the benefit of a deduction, credit,...person or corporation would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed. For the purposes of clauses (1) and... | |
| United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...or indirectly, control of a corporation * * * and the principal purpose for which such acquisition was made is evasion or avoidance of Federal income...deduction, credit, or other allowance which such person * * * would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed.... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...or indirectly, control of a corporation * * * and the principal purpose for which such acquisition was made is evasion or avoidance of Federal income...deduction, credit, or other allowance which such person * * * would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed.... | |
| 1976 - 460 pages
...basts in the hands of the transferor corporation, and the principal purpose for which such acquisition was made is evasion or avoidance of Federal income...person or corporation would not otherwise enjoy, then such deduction, credit, or other allowance shall not be allowed. For purposes of paragraphs (1) and... | |
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