 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
 | 1937 - 1070 pages
[ Sorry, this page's content is restricted ] | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...made. (b) SOURCE OF DISTRIBUTIONS. — For the purposes of this chapter every distribution is made out of earnings or profits to the extent thereof, and...distribution shall be applied against and reduce the adjusted basis of the stock provided in section 113. (c) DISTRIBUTIONS IN LIQUIDATION. — Amounts... | |
 | 1938 - 1486 pages
[ Sorry, this page's content is restricted ] | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 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...recently accumulated earnings or profits. Any earnings or profit,-. accumulated, or increase in value of property accrued, before March 1, 1913, may be distributed... | |
| |
