 | National City Company - 1921 - 104 pages
...prior to the taxable period, and where such free surplus was the result of earnings of the corporation or increase in value of property accrued prior to March 1, 1913; if a dividend is declared and paid out of such free surplus, it will have no effect in determining... | |
 | United States - 1921 - 642 pages
...(1) earnings or profits accumulated since February 28, 1913, or (2) earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, shall be applied against and reduce the basis provided in section 202 for the purpose of ascertaining... | |
 | 1921 - 888 pages
...that if a stockholder in a corporation receives dividends paid out of earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, he shall not be allowed as a deduction from gross income any loss sustained in the sale or other disposition... | |
 | United States - 1922 - 756 pages
...such earnings or profits accumulated since February 28, 1913; but any earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, may be distributed exempt from the tax, after the earnings and profits accumulated since February 28,... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
...such earnings or profits accumulated since! February 28, 1913; but any earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, may be distributed exempt from the tax, after the earnings and profits accumulated since February 28,... | |
 | James Irwin Tucker - 1923 - 360 pages
...out of : (a) earnings or profits accumulated since February 28, 1913 ; or, (b) earnings accumulated or increase in value of property accrued prior to March 1, 1913. 143. LIQUIDATION.— Where a corporation distributes all of its property in complete liquidation or... | |
 | Irving Bank. Columbia Trust Company - 1923 - 148 pages
...(1) earnings or profits accumulated since February 28, 1913, or (2) earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, shall be applied against and reduce the basis provided in section 202 for the purpose of ascertaining... | |
 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...(1) earnings or profits accumulated since February 28, 1913, or (2) earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, shall be applied against and reduce the basis provided in section 202 for the purpose of ascertaining... | |
 | Eric Louis Kohler - 1924 - 514 pages
...(1) earnings or profits accumulated since February 28, 1913, or (2) earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, shall be applied against and reduce the basis provided in section 202 for the purpose of ascertaining... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...as well as the Revenue Act of 1924. A corporation can not distribute earnings or profits accumulated or increase in value of property accrued prior to March 1, 1913, exempt from tax, unless and until all earnings or profits accumulated since February 28, 1913, have... | |
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Code to be applied against the basis of the property exceeds such basis. Except as otherwise provided in section... 
