Any earnings or profits accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed exempt from tax, after the earnings and profits accumulated after February 28, 1913, have been distributed... Reports of the U.S. Board of Tax Appeals - Page 682by United States. Board of Tax Appeals - 1934Full view - About this book
| California - 1949 - 1144 pages
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| United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1949 - 996 pages
...made. "(b) SOURCE OF DISTRIBUTIONS. — For the purposes of this Act every distribution is made out of earnings or profits to the extent thereof, and...value of property accrued, before March 1, 1913, may l>e distributed exempt from tax, after the earnings and profits accumulated after February 28, 1913,... | |
| 1990 - 590 pages
...312(1) and § 1.312-10. (b) The general rule provided in section 316 that every distribution is made out of earnings or profits to the extent thereof and from...the most recently accumulated earnings or profits does not apply to: (1) The distribution, in pursuance of a plan of reorganization, by or on behalf... | |
| 2001 - 580 pages
...none of the accumulated earnings and profits, or deficits, consist of earnings and profits or deficits accumulated, or increase in value of property accrued, before March 1, 1913. Example (l). (i) XY and Z Corporations make their returns on the basis of the calendar year. On June... | |
| 1983 - 340 pages
...the purpose of income taxation every distribution made by a corporation is made out of earnings and profits to the extent thereof and from the most recently accumulated earnings and profits. In determining the source of a distribution, consideration should be given first, to the... | |
| 2004 - 596 pages
...none of the accumulated earnings and profits, or deficits, consist of earnings and profits or deficits accumulated, or increase in value of property accrued, before March 1, 1913. Example (1). (i) M and N Corporations make their returns on the basis of the calendar year. On June... | |
| 1994 - 480 pages
...none of the accumulated earnings and profits, or deficits, consist of earnings and profits or deficits accumulated, or increase in value of property accrued, before March 1, 1913. Example (1). (1) M and N Corporations make their returns on the basis of the calendar year. On June... | |
| 1998 - 512 pages
...the purpose of Income taxation every distribution made by a corporation is made out of earnings and profits to the extent thereof and from the most recently accumulated earnings and profits. In determining- the source of a distribution, consideration should be given first, to... | |
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