 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...exchange subject to the provisions of section 371 (a) or (e), the basis shall be the same as in the case of the property exchanged, decreased in the amount...part of the type of property permitted by section 371 (a) to be received without the recognition of gain or loss, and in part of nonexempt property,... | |
 | United States. Tax Court - 1947 - 1574 pages
...exchange described In • • • section 112 (1), the basis • • • shall te the Bame as In the case of the property exchanged, decreased In the amount...the taxpayer and Increased In the amount of gain or decreased In the •mount of loss to the taxpayer that was recognized upon such exchange under the... | |
 | 1961 - 636 pages
...described in this section, section 1035 (a), or section 1036(a), then the basis shall be the same as that of the property exchanged, decreased in the amount...amount of loss to the taxpayer that was recognized on such exchange. If the property so acquired consisted in part of the type of property permitted by... | |
 | 1970 - 868 pages
...section, section 1035(a), section 1036(a), or section 1037(a), then the basis shall be the same as that of the property exchanged, decreased in the amount...amount of loss to the taxpayer that was recognized on such exchange. If the property so acquired consisted in part of the type of property permitted by... | |
 | 1960 - 880 pages
...described In this section, section 1035 (a), or section 1036 (a), then the basis «hall be the same as that of the property exchanged decreased In the amount...by the taxpayer and Increased In the amount of gain to the taxpayer that was recognized on such exchange. If the property so acquired consisted In part... | |
 | 1966 - 500 pages
...corresponding provisions of prior Internal revenue laws, the basis shall be the same as In the case of the property exchanged, decreased In the amount...received by the taxpayer, and Increased In the amount oí gain or decreased In the amount of loss to the taxpayer that was recognized on such exchange under... | |
 | United States, Walter Elbert Barton - 1950 - 1126 pages
...exchange subject to the provisions of section 371 (a) or (e), the basis shall be the same as in the case of the property exchanged, decreased in the amount...part of the type of property permitted by section 371 (a) to be received without the recognition of gain or loss, and in part of nonexempt property,... | |
 | Wisconsin - 1951 - 782 pages
...subject to the provisions of section 71.035 (1) (a) or (e) thp bnsi* shall be the same ns in the case of the property exchanged, decreased in the amount...in which the exchange was made. If the property so •tquiivd consistsl in part of the type of property permitted by section 71.035 (1) (a) to he received... | |
 | United States, Walter Elbert Barton - 1953 - 708 pages
...be the same as in the case of the property exchanged, decreased in the amount of any money receive/! by the taxpayer and increased in the amount of gain...decreased in the amount of loss to the taxpayer that was recog412 Taxable Years Beginning in 1950, 1951 and 1952 413 nized upon such exchange under the law... | |
 | United States. Congress. Senate. Committee on Finance - 1958 - 462 pages
...described in this section, section 1035 (a), or section 1030 (a), then the basis shall be the same as that of the property exchanged, decreased in the amount...amount of loss to the taxpayer that was recognized on such exchange." (b) CLERICAL AMENDMENT. — The second sentence of section 1031 (d) is amended by... | |
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If the property was acquired, after February 28. 1913, upon an exchange described In section 112 (b) to (e). Inclusive, the basis shall be the same as In the case of the property exchanged, decreased In the amount of any money received by the taxpayer... 
