 Is subject to the allowance for depreciation provided in section 23 (1), or an obligation of the United States or any of its possessions, or of a State or Territory, or any political subdivision thereof, or of the District of Columbia, Issued on or after...  Statistics of Income from Returns of Net Income - Page 45by United States. Internal Revenue Service - 1951Full view - About this book
 | United States. Internal Revenue Service - 1955 - 516 pages
...for depreciation, real property used in trade or business, obligations of the United States or its possessions, or of a State or Territory or any political...thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding 1 year from date... | |
 | United States. Tax Court - 1956 - 1168 pages
...allowance for depreciation provided In section 23 (1), or an obligation of the United States or any of Its possessions, or of a State or Territory, or any political...of Columbia, Issued on or after March 1, 1941, on • discount basis and payable without Interest at a fixed maturity date not exceeding one year from... | |
 | United States. Congress. Senate. Select Committee on Small Business - 1956 - 134 pages
...you to the creator's basis, such as by gift ; and certain Federal, State, and municipal obligations issued on or after March 1, 1941, on a discount basis...interest at a fixed maturity date not exceeding one year from date of issue. CLASSIFICATION OF CAPITAL GAINS AND LOSSES. There are two principal classifications... | |
 | United States. Court of Claims, Audrey Bernhardt - 1960 - 1044 pages
...similar property ; • • * • • • • • "(D) an obligation of the United States or any of its possessions, or of a State or Territory, or any political...interest at a fixed maturity date not exceeding one year from the date of issue. • * * * * "(4) Long-term capital gain. "The term 'long-term capital gain'... | |
 | 1961 - 566 pages
...obligations issued on a discount basis. In the case of obligations of the United States or any of its possessions, or of a State, or Territory, or any political...thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from... | |
 | United States. Supreme Court - 1965 - 942 pages
...Obligations Issued on Discount Basis. — In the case of any obligation of the United States or any of its possessions, or of a State or Territory, or any political...interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligation is originally sold shall not... | |
 | United States. Congress. House. Committee on Ways and Means - 1966 - 1120 pages
...course of business for services rendered or from sale of inventory; and 6. Government obligations issued on a discount basis and payable without interest at a fixed maturity date not exceeding 1 year. ■ Although depreciable personal property used in a trade or business, real property used... | |
 | 1968 - 1690 pages
...(1) ; or (5) An obligation of the United States or any of its possessions, or of a State or Terntory. or any political subdivision thereof, or of the District...interest at a fixed maturity date not exceeding one year from the date of issue. [TD 6500, 25 FR 12003, Nov. 26, 1960] § 1.1221—1 Meaning of terms. (a) The... | |
 | United States. Tax Court - 1975 - 1272 pages
...sale of property described in paragraph ( 1 ); or (5) an obligation of the United States or any of its possessions, or of a State or Territory, or any political...interest at a fixed maturity date not exceeding one year from the date of issue. in Booth Newspapers, Inc. v. United States, 303 F. 2d 916, 921 (Ct.Cl. 1962):... | |
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